“Media Rights Capital was founded on the premise that great artists must always be the driver of each and every project,” said Tory Metzger, President, MRC Films. “To be in partnership with M. Night Shyamalan, one of today’s top filmmakers, as he enters the next evolutionary phase of his career is both inspiring and makes very good business sense.”

“There are only a handful of filmmakers alive whose names are universally evocative of a genre or type of film,” said Modi Wiczyk and Asif Satchu, co-CEO’s of Media Rights Capital. “Night has accomplished what a lot of people only talk about—he has turned himself into a beloved and respected brand. It is a privilege to join him on this next adventure.”

Consistent with other MRC projects, Shyamalan will co-own the films’ copyrights, retain artistic control and MRC will engage distribution for each film, strategically based on the ideal channel for each particular project. Shyamalan will begin the search for writers and directors immediately, and has hired Ashwin Rajan to oversee development.

“Filmmakers have always been my inspiration,” Shyamalan expressed. ”Working with the next wave of innovative filmmakers will teach me many things that I can bring to my own writing/directing and give my stories the opportunity to be brought to the screen in a stunning way.”

Shyamalan’s first R rated film and recently released, THE HAPPENING, earned over $30 million in it’s opening weekend in the US, was the #1 film overseas it’s opening weekend, and is about to cross the $150 million worldwide mark.