Mark Boal is in an enviable position in Hollywood. While his resume isn’t that long – his first screenplay was 2007’s In The Valley of Elah - his career skyrocketed in 2010 when he won two Oscars for his work on Best Picture winner The Hurt Locker. After his win he fell off the map for a little while, along with director Katherine Bigelow, but now the duo has come back with Zero Dark Thirty, which has not only been receiving a critical tongue bath but also multiple awards from critics associations that have been announcing picks for the best movies of the year. So what’s Boal going to do next? Apparently he’s starting his own studio.

Deadline has gotten word that Boal is now in the midst of forming Page One Productions, a new company that will be dedicated to finding interesting pieces written by journalists and turning them into movies. Those familiar with the Oscar winner’s background will find no surprise in this, as Boal has a background as a journalist himself, having previously written for Rolling Stone, The Village Voice, and Playboy. Boal revealed his plans during a panel last night in Los Angeles, saying, "I want to marry up screenwriters with reporters, and try to encourage movies that plug into the culture. And if more screenwriters became producers, I think that would be a good thing. That’s assuming of course that this film does okay. If it bombs, forget I said any of this.”

Evidence from this year alone demonstrates that this could actually be a fantastic idea. Boal, of course, took the real story behind the search for Osama bin Laden to make Zero Dark Thirty, but even Ben Affleck’s Argo, which is still very much part of the 2012 awards race, was based on an article from Wired magazine. It will be interesting to see what kind of project Boal starts to develop.

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