Kelly's Indie Shingle

Director Richard Kelly (pictured) is making news--not for his latest film--but a business decision that relates to the industry...

Dade Hayes of Variety:

On the eve of the release of his offbeat musical "Southland Tales," Richard Kelly has joined producing partner Sean McKittrick and financier Ted Hamm to form Darko Entertainment.

The entity, named for the writer-helmer's cult hit "Donnie Darko," will aim to back modestly budgeted, director-driven films.

First up is "Dirty Girl," [set] to start in November under the direction of tyro Abe Sylvia. "Dirty" is a co-venture with Killer Films, with longtime Killer associate John Wells serving as exec producer...

Also under the Darko banner is "The Box," a psychological thriller starring Cameron Diaz that is in pre-production. Pic is drawing on a recently announced fund from Media Rights Capitol.

Kelly's "Southland," a rough version of which [premiered] in Cannes two years ago, has been retooled and bows Nov. 9. It stars Justin Timberlake, Dwayne [The Rock] Johnson and Sarah Michelle Gellar.

With the Darko venture, McKittrick said, "Our goal is to get behind filmmakers with unique voices and take advantage of the Darko brand to help independent films reach a much wider audience."

While "Darko," a smash at Sundance never became a "Little Miss Sunshine"-scale hit, the enigmatic film developed a sizable cult following. Stars Jake Gyllenhaal, Drew Barrymore and Seth Rogen have helped drive DVD sales...

Kelly is a talented filmmaker...Darko is one of my favorite indies of all time. And despite the delay with Southland in the past--I'm looking forward to seeing the flick...

I wish all involved with the production company the best of luck--It's every pro-co for itself out there...