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Submarine and Dakota Form Torpedo Pictures

Photo of Anne Thompson By Anne Thompson | Thompson on Hollywood May 22, 2012 at 1:55PM

Just what we need: more indie genre films. Indie seller Submarine Entertainment and Dakota Group Ltd. have formed the aptly named Torpedo Pictures -- a new indie label to produce low-budget, high-concept sci-fi, thriller and horror films. The label's fund will go towards projects in the $500,000 to $1.5+ million range, with a focus on emerging and established auteur directors and notable casts. Dakota will finance and Submarine will handle domestic and foreign rights.
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Werner Herzog's "Cave of Forgotten Dreams"
Werner Herzog's "Cave of Forgotten Dreams"

Just what we need: more indie genre films. Indie seller Submarine Entertainment and Dakota Group Ltd. have formed the aptly named Torpedo Pictures -- a new indie label to produce low-budget, high-concept sci-fi, thriller and horror films. The label's fund will go towards projects in the $500,000 to $1.5+ million range, with a focus on emerging and established auteur directors and notable casts. Dakota will finance and Submarine will handle domestic and foreign rights.

Submarine's David Koh, Dan Braun and Josh Braun and Dakota's Stanley Buchthal state: "The initiative is to make the best movies with the best and most inventive directors at a modest budget. Our goal is to provide a platform for filmmakers to showcase their true talent given this constraint." They will announce their output and foreign partners shortly and their first slate.

Submarine's doc library is impressive, including "Bill Cunningham New York," "Buck," "Cave of Forgotten Dreams," "Man on a Wire," "The Cove," and "Super Size Me." They have sold, repped and found distribution for such films as "Winter's Bone," "A History of Violence" and "Your Sister's Sister."

This article is related to: News, News, Indies, Genres


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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.