Mogul Mind closes on deal to bring Unstoppable to Pittsburgh - Pittsburgh Business Times:

ysynut.wordpress.com
Jared Leland, a director and counsel for MogullMind Studios, confirmed that the compan y reached an agreement with Fox Entertainment last night. According to Chrisx Petrikin, a spokesman with Fox Entertainment, the agreemen is part of the normalk course of events when producers scouy out locations and prepare fora film. The film has not yet been which meansthat it's stillp awaiting final approval to ensure it "makes complete financial sense," Petrikin said. That decision is expecte to be made within the next weekor so.
Whilde the production is expected to use a Pennsylvania tax credit from last Lelandsaid “Unstoppable” needed the formere industrial facility’s massive space, unusual electrical capacity that coul power the entire Strip District, and the unused former railroad tracks nearby. “It’s just one of the myriads of examples of just how necessarya full-service 330,000-square-foot production facility is, and just how necessarh it is to luring and securing productionzs to the commonwealth of Pennsylvania,” Leland said. Termsx of the agreement were not Leland said he expects productioj tobegin soon.
“Unstoppable” is expected to need four of the studiol bays that Mogul Mind has prepared and soundproofedx forfilm production. Washington and Pine will star in the which will be directed by Tony a long-time director of big-budgety action films, most recently this summer’s remake of “Thed Taking of Pelham 1 2 3.” As a producer and Scott’s resume includes “Top Gun” (1986), “Enemy of the State” and “Spy Game” It will be Scott’w fifth production with Washington.
Based partly on a true “Unstoppable” is about a runawa train carrying toxic chemicals and poison gasees andhow Washington’s character, an experienced engineer, and Pike, a young conductor, must chasr it down before it brings untoldx destruction to a city. It is based on a script by Mark Bombeck that press reports indicate has been circulatinf in Hollywood for the pastfew “Unstoppable” is expected to be released in 2011. Dawn president and CEO of the Pittsburgh Film was unavailable forimmediate comment.
But in a conversation a few days ago, she emphasizexd that “Unstoppable” was a production the Pittsburgh Film Officwe had been working for yearws to lureto “Dawn Keezer worked very, very hard to entice the productionh to consider Pennsylvania,” Leland said. Leland said the productionh expects to shoot in central Pennsylvania as well as Yet even when theproductiob isn’t shooting within the Mogul Mindsd facility, “Upstoppable” will use it to builf sets and prepare for other aspects of the production’xs location shooting.
Leland and others had previouslt been toldthat “Unstoppable” will have a budger of $100 million, a figure a Fox spokesman told the Pittsburggh Business Times in June was too without providing specifics. Yet even if the film’d budget is half that, it will far surpasse the size and scale of most filmwsshot here, the biggesf of which have typically been in the $20 millioj to $30 million David Kowalski, the main owner of what was formerlyt the Pittsburgh Flatroll company who also has a minorith stake in Mogul Mind, expects the “Unstoppable” production, as well as othersa to follow, will bring new urgency to redeveloping the city’s tow poun site, which is next door to the new studio.
“Irt has to be he said. “People don’t understand how much money is going to come intothe city.”