Michael has invested money into MDP Worldwide Entertainment Inc., a Montreal based film producer and distributor.
Michael’s budding Neverland Pictures will become the production arm of MDP, with all features produced at the company now carrying the Neverland Pictures banner.
The deal was unveiled at a sit down dinner on Sunday February 24th, where Michael told 200 reps from the international film biz; “All the great things that I’ve done are because I’ve dreamed great dreams… Of all the dreams, this is the one I’m most passionate about.”
Michael said that what he really wants to do is direct. He is expected to be involved in the creative capacity with Neverland Pictures. Michael also said; “I promise you wonderful and fantastical things to come. I promise you wonderful entertainment.”
The first picture to go out under the Neverland banner will be a film called ‘The United States of Leland’, which began production this month. The ambitions of Neverland Entertainment include TV specials and series as well as the launch of Neverland Animation. That label would produce video and DVD features as well as television programming.
Neverland Pictures plans to produce 3-4 pictures a year in the under $40 million budget arena, although some projects may exceed that range.
Source: Reuters & MJWN

