In Contention

Danny Boyle parks at Searchlight for three years

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Danny Boyle on the set of Slumdog MillionaireA wise investment for both parties.  Patrick Goldstein had the exclusive story yesterday:

Fresh off his best picture Oscar triumph, “Slumdog Millionaire” director Danny Boyle has signed a three-year deal with Fox Searchlight, which will co-finance and co-distribute the British filmmaker’s future films. The director already has identified a possible initial production under the first-look deal, a drama about Aron Ralston, the American mountain climber who amputated part of his arm when it was pinned in a 2003 back-country hiking accident.

Fox Searchlight and Boyle’s “Slumdog Millionaire” producing partner, Christian Colson, declined to discuss the pact, and Boyle did not immediately return an e-mail seeking comment. But two people familiar with the deal said that Fox Searchlight will team with Pathe Films, which co-financed “Slumdog Millionaire,” as part of the agreement.

The rest here.