Baldwin Entertainment Group has signed directors to four features -- Chuck Russell on action-adventure Mandrake, based on the Hearst comic; Deepa Mehta on eco-drama Luna; Joel Schumacher on actioner 1:30 Train and Peter Cattaneo on romantic comedy Indiscretion.

Variety reports that the company made the announcement as part of disclosing that Swiss-based Omega Entertainment has agreed to a multi-picture financing deal with Baldwin Entertainment, initially covering the quartet of projects.

Omega said the moves represent its transition from financier of small-to-mid-sized pictures financing and distributing up to 10 films annually with budgets from $10 million to $60 million.

Three-year-old Baldwin Entertainment is owned by Howard and Karen Baldwin, whose producing credits include Ray, Sahara and Swimming Upstream. The company is in post on Death Sentence, starring Kevin Bacon and directed by James Wan, and is developing Teacher Man, Atlas Shrugged and a Jackie Robinson-Branch Rickey biopic.