A movie starring Russell Peters would be the first challenge beneath a brand new $100 million, five-year, 10-picture manufacturing deal between Beacon Media and Daljit DJ Parmar’s Parmar Entertainment.

The new partnership will give attention to motion and comedy tasks within the $10 million to $25 million vary, with full financing from Beacon Media. The settlement additionally features a seven-figure improvement fund so as to supply and foster new tasks.

Peters’ movie is about to be written by Erik Olsen (“Floyd”), who will even produce alongside Parmar, Beacon Media co-founders Manoj Narender Madnani and Gurpreet Chandhoke in addition to Navid McIlhargey. Executive producers embrace Peters, Clayton Peters, Paul Canterna, Rolando Zubiran, Luke Beermann, Pratik Tiki Patel and Ben C. Silverman.

“This new partnership will allow us to finance marquee projects that amplify much-needed diversity on the big screen in Hollywood,” Parmar mentioned in an announcement. “Every 10 years or so, we’ll get a ‘Slumdog Millionaire’ or ‘Everything Everywhere All at Once,’ and now is the time to dedicate a mainstream focus to develop and finance projects with this potential.”

Madnani mentioned, “Beacon Media weaves cultural threads into enchanting narratives. Together with Parmar Entertainment, we are committed to creating original content worldwide, responding to the growing demand for content that resonates both locally and globally.”

“We are excited to partner with Daljit as we share the same vision to bridge cultures with the power of cinema,” Chandhoke added.

Parmar’s debut movie, 2017’s “Kung Fu Yoga,” starred Jackie Chan and grossed over $250 million on the field workplace. At the second, he’s in manufacturing on the Indian remake of “Rambo,” starring Tiger Shroff. Co-founded by Deepak Chopra, Beacon Media is at present creating a movie and TV state primarily based on his bestselling books.

Peters is repped by CPI Management, Seven Summits Management, United Talent Agency and legal professional Dale de la Torre. Olsen and McIlhargey are represented by Tifanie Acosta at Entertainment Law Partners.