Macon Blairs completed film is a Legendary production.
Macon also scripted the reboot.
Pic is produced by Mary Parent, Alex Garcia, Kaufman and Michael Herz.
‘The Toxic Avenger’Cineverse
Executive producers include Andrew Pfeffer, Jay Ashenfelter and Blair.
Wachsberger and Legendarys 193 will sell a combination of Legendary movies, 193 originals and third-party titles.
There will be more movies on the Cannes slate.
The companys first two hires were former Lionsgate exec Wendy Reeds and former Picture Perfect Federation exec Ashley Stern.
