Mega producer, Joel Silver has signed a $220 million deal with CIT Group to produce 15 new films in the $10 million-$40 million range during the next six years.
Silver will fully finance the films with Warner Bros. putting up the costs of publicity & advertising, says The Hollywood Reporter.
The first film under the deal through Silver's Dark Castle Entertainment is expected to be action thriller, Whiteout, reports Variety. It's based on Greg Rucka's novel about a lone U.S. marshal in Antarctica tracking the continent's first serial killer; production is scheduled to begin this winter for release in the first quarter of 2008.
The next two are psychological horror, The Summoner, written by Matthew Sand and to be directed by Victor Salva; and urban action movie Gangland, written by Alex Tse.