Teen movies.
Teen Movies: Fox Filmed Entertainment, a unit of News Corp., is
starting up a division to create films and other entertainment for
teenagers and young adults. The operation will be led by Peter Rice, who
will continue in his role as president of Fox Searchlight searchlight, device, usually swiveled, using a lens and reflecting surface to direct a powerful beam of light of nearly parallel rays. In 1892 such apparatus was used along the English Channel in coastal defense and later, in the South African War, as an aid to , the
studio's art house division. Rice said the new division, which does
not yet have a name, will acquire and produce up to eight movies a year,
with budgets in the area of $20 million each, and have its own
production and marketing staff.
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