From Variety: pair launch production company
Producers Jennifer Chaiken and Sebastian Dungan have launched 72 Prods., a Los Angeles-based production shingle backed by a private equity fund dedicated to acquisition and development of feature film projects in the $5 million-to-$25 million budget range.
Current projects on the 72 slate:"The Perfect Hour," penned by Deborah Quinn and Derek Simonds, who will also direct. The drama's set in 1907 and based on a recently discovered cache of Edith Wharton's letters that revealed that Wharton -- though married -- was a virgin until an affair in her forties with a younger man. "Hour" will be produced in association with Ross Katz ("Marie Antoinette," "Lost in Translation").
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