'Day' is right for distrib
Trimark Pictures has concluded a deal with Kings Road Entertainment to distribute a package of its pics on video and digital videodisc in North America.
In addition, Trimark has announced that it has acquired U.S. distribution and English-language remake rights to Alex de la Iglesia’s cult Spanish pic “The Day of the Beast.”
Trimark already is releasing de la Iglesia’s English-lingo “Perdita Durango” in the U.S.
The 19 Kings Road titles include Jim McBride’s “The Big Easy,” starring Dennis Quaid and Ellen Barkin; Carl Reiner’s “All of Me,” starring Steve Martin; David Jones’ “Jackknife,” starring Robert De Niro and Ed Harris; and Roger Spottiswoode’s “The Best of Times,” starring Robin Williams and Kurt Russell.
Trimark senior VP of business affairs and acquisitions Peter Block described the package as “quality pictures with tremendous commercial appeal.”
“All these pictures are new to DVD, and some of them have never had a sell-through push from a video distributor,” added Kings Road senior vice president Chris Trunkey. “We explored several different opportunities, including selling the library outright, but we believe that Trimark will really put some marketing behind these releases.”
Block said that Trimark would put the first set of pics — “Easy,” “All” and “Best” — out on sell-through and DVD in early 1999.
Production/financing entity Kings Road, which at its peak in the late 1980s was the subject of bids from both Carolco and Pathe, has withdrawn from the spotlight in the past five years.
The company sold international rights to its 27-strong library to London-based Icon Entertainment International in 1996. New York-based Kinnevik Media Properties owns domestic television rights to most of its catalogue.
However, according to Trunkey, Kings Road now is on the lookout for a new financial backer to enable it to return to movie financing and production.
Trimark acquired “Beast” from Spanish rights broker and distributor Sogepaq. Pic, which Andres Vicente Gomez produced, stars Alex Angulo, Armando de Razza and Santiago Segura. The bizarre and darkly humorous “Beast” was one of Spain’s highest-grossing domestic pics in 1995.
Trimark has scheduled the release of “Perdita,” which stars Javier Bardem and Rosie Perez, for February. The company likely will release “Beast” in the U.S. this Christmas.
Vice president of acquisitions Bobby Rock, VP of business and legal affairs Wayne Levine, and senior VP of theatrical distribution Ray Price repped Trimark in the “Beast” deal.