Wednesday, December 07, 2005

Palm-Star Launches Lunar Park

Happy, absolutely freezing December to you all!!!

I just wanted to share the good news with you all in this festive month that our little independent production company has just landed a juicy project that should keep us busy for the next couple of years :) The press release is below and I just found out from my partners in crime that as of the writing of this newsletter there's already a full story running in Variety this morning--Woooohoooo! And for all those that don't give a hoot I hope you have a great winter holiday anyway, wherever you might be going. As for me, you won't be hearing from me for the rest of the year as I'll soon be off back to my tiny little arctic hometown in a tiny corner of Switzerland to visit the old folks and many a sibling--and yes, gorge myself as usual on fondue, what a shock....

A bientot!!

Steph

Palm-Star Launches Lunar Park

Bret Easton Ellis' new international best-seller LUNAR PARK has been optioned by Palm-Star Entertainment, an independent production company based in New York and Los Angeles.

'Lunar Park'

'Lunar Park' by Bret Easton Ellis.

In Lunar Park, Ellis spins a story of his own contentious and haunted real life, is the author's latest novel to receive rave reviews around the world and is listed as the New York Times' 100 Most Notable Books of the Year. Author to bestsellers Less Than Zero, The Rules of Attraction, American Psycho and Glamorama, Lunar Park will be the fifth of Ellis' novels to be adapted to film. Ellis' first book, Less Than Zero (1987) was filmed for Fox, American Psycho (2000) and The Rules of Attraction (2002) were released by Lions Gate Entertainment and Glamorama in development.

Less Than Zero established Ellis reputation as one of publishing's brashest young writers, but it was American Psycho that earned him the term "controversial" and shot him to literary stardom. From the moment it was published by Knopf in 1998, the book attracted condemnation from women's groups and religious conservatives. The film version had a rocky start, with various directors and stars attached as the publicity increased over the book. Ultimately green-lit by Lions Gate, American Psycho was directed by Mary Harron and produced by Ed Pressman and starred Christian Bale, Chloe Sevingny, Reese Witherspoon, Jared Leto and Willem Dafoe. With a budget of less $7 Million, the film went on to earn over $50 million worldwide for Lions Gate including videocassette and DVD sales.

"We believed in Lunar Park so strongly that we put in a pre-emptive bid the very next day after it came to us", said Kevin Frakes, Co-Founder and Co-CEO of Palm-Star Entertainment. "We were in a bit of a battle, but it was personal for our company and we went the extra mile to close the deal". Palm-Star has been fielding interest from producers, directors and writers, but are taking their time in packaging the project.

"Lunar Park is the most personal book I've written even if on the surface it reads like a thriller. It took a long time to complete and Palm-Star has known about the book from the beginning. And they witnessed the usual complaints, anxieties, and excitement that occur when you're completing a novel." Concedes author Bret Easton Ellis. "Now it's their turn to move through that process."

About Palm-Star Entertainment

Based in New York and Los Angeles, Palm-Star Entertainment was co-founded in 2004 by James Dowaliby, a former Paramount executive, Kevin Frakes, an NYU Film and Yale MBA graduate, and former internet mogul Stephan Paternot, co-founder of theglobe.com, now serving as Chairman of Palm-Star. The Company co-produces and co-finances low budget independent films and has recently completed production on its first two feature films: 50 Pills starring Kristen Bell and Lou Pucci and Premium starring Zoe Saldana, Hill Harper and Frankie Faison. Other projects in development include Night Flying, based on Rita Murphy's first novel (Random House) in conjunction with Welsh producer Nerys Lloyd (BODA) and Sgrin, the Wales Arts Council and Public, based on the book A Very Public Offering by co-founder Stephan Paternot, a first-hand account of the iconic internet story of theglobe.com in the late 90s market mania.

For more information please visit the site: www.palm-star.com

1 Comments:

Steve Ray said...

Great job on the project. Also as an inspiring film maker would be interested in watching you shoot any new stuff so I can get experience. Or if you would like to put me to work I would be more than happy to. Look forward to hearing from you soon.

Thanks,
Steve
ssanchez661@hotmail.com

4:25 PM  

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