Veteran film producer Bob Yari (“Crash”) and music executive turned content maker Marvin Peart have formed WonderHill Studios, a film and production entity that will also offer independent theatrical distribtuion.

Yari and Peat privately raised equity for the new company, for which they will serve as co-founders and co-CEOs. The label will also dabble in film acquisitions and rights sales to foreign territories.

“WonderHill Studios is eager to fill a crucial hole within the theatrical and television space, while also focusing on diversity in cinema and television in front and behind the camera. We are dedicated to building a diverse C-suite, and delivering quality independent films to the theatrical marketplace,” Yari said.

Peart highlighted the “the incredibly experienced and creative team we are building, we are optimistic and excited for the future of this company focusing on bringing fresh and groundbreaking television to viewers, as well driving audiences of all
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