LOS ANGELES, March 15 -- Rolling Stones front man Mick Jagger and 'Forrest Gump' producer Steve Tisch have teamed up as partners in a new Los Angeles-based film production company, Lip Service, a Jagger spokeswoman said Wednesday. The deal reportedly was struck earlier this month, and Jagger's existing film company, Jagged Films, has since relocated to Tisch's Los Angeles offices.
As a founding member of the Rolling Stones, Jagger ranks as one of rock music's wealthiest men. Tisch was thrust into the top echelon of Hollywood's dealmakers by the success of 'Forrest Gump,' which has grossed more than $300 million since last summer and garnered 13 Academy Award nominations. The duo's partnership in Lip Service came about as a result of their five-year friendship, Tisch told the Los Angeles Times. 'We get along and we have similar tastes,' Tisch told the Times. 'I'm at a point in my career where having fun making movies is pretty high up there in my list of priorities, and that means being less motivated by the deal and more by who I will be working with.' Tisch said Jagger's status as a rock icon should help attract top writers, actors and directors to Lip Service. Jagger told the Times he's looking to develop 'mainstream but eccentric' projects at Lip Service. Jagged Films, the singer's already established production company, will continue to develop projects, independently and in conjunction with Lip Service, for Jagger to star in. After making his film debut in 1970's 'Performance,' Jagger has found little success as an actor starring in such critical and commercial flops as 1992's 'Freejack.' Although there are no movies in the works yet at Lip Service, one of the joint venture's first projects reportedly will be a movie about the music industry.