LOS ANGELES, Nov. 30 (UPI) -- Filmmaker Roger Corman will give $100,000 to one or more film students at UCLA to produce feature length movies, the Los Angeles Times reported Tuesday.
The paper said Corman -- who has produced hundreds of pictures and directed low-budget classics such as "Little Shop of Horrors" and "Wild Angels" -- is financing the student films through his company, New Horizons.
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Corman has pledged to donate one-third of any profits from the completed films to the UCLA School of Theater, Film and Television.
The veteran producer-director is known in Hollywood for giving opportunities to such filmmakers as James Cameron, Francis Ford Coppola, Ron Howard, Jack Nicholson and Martin Scorsese early in their careers.