LOS ANGELES, Dec. 20 (UPI) -- Fox Filmed Entertainment Tuesday announced the creation of a new division to develop movies specifically for teens and young adults.
The yet-to-be-named division will produce and acquire up to eight cutting-edge films as well as create related content for Internet, mobile devices and other emerging technology, Fox said in a news release. The division will work closely with the newly formed Fox Interactive Media, My Space and IGN.
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Fox Searchlight President Peter Rice will assume control of the new division.
"Napoleon Dynamite," "Garden State" and "Sideways" were just a few of the films released by Fox Searchlight since Rice assumed the presidency in 2000.
