Alliance Communications Corp. and Mark Damon’s MDP Worldwide have forged a joint venture, finalized at the American Film Market, to acquire and license international rights to feature films.
The announcement was made by Damon and Robert Lantos, chairman and CEO of Alliance. The Toronto-based TV production company has moved to a more ambitious level of feature film production with the upcoming “Johnny Mnemonic,” starring Keanu Reeves, and “Never Talk to Strangers,” toplining Rebecca de Mornay. MDP has international rights for both films.
Damon will be chairman and CEO of Alliance-MDP Worldwide, an equal partnership.
The new entity plans to develop and finance six to eight features per year, some of which will come from Alliance. Exclusive rights in Canada are retained by Alliance, while the joint venture takes foreign or worldwide distribution.
MDP’s 40-film catalog goes into the joint-venture library, including its recent hit “The Jungle Book.”
A major contribution from Alliance will be “No Other Life,” an upcoming political thriller from helmer Costa-Gavras, set in the Caribbean.
Alliance Intl. will continue TV sales from its Paris office, headed by Rola Zayed, with Charlotte Mickie, VP of film sales, handling Alliance’s specialized features. Le Monde Entertainment, headed by John Fremes, will handle lower-budget, genre pix. Both Alliance Intl. and Le Monde are divisions of Alliance Communications, and will share the booth at future markets and fests.