AceShowbiz -

News reported that new production and financing company the Mayhem Project has inked two major deals concerning two different projects. The first one is that of screenwriter Todd Farrmer, who has agreed to adapt Capcom video game "Clock Tower 3." The last deal is the one the firm made with Ronnie Christensen for his original supernatural thriller "Sanctuary."

"Clock Tower 3" is a horror thriller mystery centers on a young British schoolgirl who receives a letter from her mother, asking her to go into hiding until her birthday. After receiving an unsettling phone call, the girl returns home to London to discover her mother has gone missing, and when she pursues a mysterious stranger, she finds herself being hurtled through time. While as of the latter film "Sanctuary," the plot remains undisclosed.

Per Variety, the has-just-established company targets to produce two to three features per year, focusing projects based on established franchises such as comic books and video games; budgets will be $10 million-$30 million.