In the wake of The Shape of Water winning the top prize at the Academy Awards, director Guillermo Del Toro and Fox Searchlight have come together for a developmental deal for a new label under the studio’s banner. The currently unnamed label will cater to sci-fi, fantasy, and horror movies that will be financed, distributed, and marketed under Fox Searchlight. Del Toro, who won Oscars for both Best Picture and Best Director earlier this year, will be directly involved in both producing and creating films under the new banner.
The label’s first effort will be Antlers, an adaptation of “The Quiet Boy” about a teacher protecting a student from supernatural horrors. Del Toro will be involved as a producer and Scott Cooper of Crazy Heart and Black Mass has been hired as the director on the project. It is Del Toro’s hope that the label will be a breeding ground for imaginative and high quality genre films.
Del Toro believes this collaboration with Fox Searchlight will “nurture and produce new voices in smart, inventive genre films.” Genre films have been a staple for Guillermo Del Toro’s filmography since 1993’s horror film Chronos. Del Toro is known by the world at large for wildly imaginative and atmospheric films ranging from the dark fantasy epic Pan’s Labyrinth to the paranormal superhero comedy-drama Hellboy to the high octane sci-fi action flick Pacific Rim.
Fox Searchlight has been a nest for critically acclaimed film projects. Searchlight projects that have won big at the Oscars include Slumdog Millionaire, 12 Years a Slave, Birdman and recently Three Billboards Outside Ebbing, Missouri. Fox Searchlight is a division of 20th Century Fox currently on sale to Disney.