Presidio skeds bow in Japan

Company to start as all-rights buyer, diversify

Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada.

The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says.

Presidio’s eventual goal is to release between 10 and 20 pics annually, of varying budgets and concepts.

Hanada said that he would focus on the action, sci-fi/action and dramatic genres. Comedies and family films are less attractive, although anything is up for consideration, he adds.

Hanada’s acknowledges that his initiative comes at a time when Japan is undergoing a severe recession. The shortage of screens in Japan has added to many distributors’ worries, and forced several to form alliances in order to purchase bigger films.

Hanada was formerly vice president of acquisitions and distribution for Gaga, where he worked for six years.

His buys include Peter Berg’s “Very Bad Things,” starring Christian Slater and Cameron Diaz, from Initial Entertainment Group; and Martha Fiennes’ upcoming “Eugene Onegin,” starring Ralph Fiennes, and Liv Tyler, from Rysher Entertainment.

More News

  • Matt Lauer, Meghan Markle, Harvey Weinstein

    Matt Lauer, Meghan Markle, Harvey Weinstein Top 2017 Google People Searches

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • Titanic 20th Anniversary

    'Titanic,' 'The Goonies,' 'Field of Dreams,' 'Memento' Added to National Film Registry

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • No Merchandising. Editorial Use OnlyMandatory Credit:

    Musicians React to Pat DiNizio's Death

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • Roman Polanski

    LAPD Investigating Allegations Against Roman Polanski, Case Cannot Be Prosecuted

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • Democratic candidate for U.S. Senate Doug

    Celebrities Celebrate Doug Jones' Senate Win: 'This Is A Pretty Good Night'

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • The Smithereens'Rock Con', New York, America

    Pat DiNizio of the Smithereens Dies at 62

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

  • Weinstein Asian Executive Bey Logan Accused

    Weinstein Asian Executive Bey Logan Accused of Sexual Misconduct

    Japan, one of the toughest distribution markets in the world, has a new buyer: Presidio Corp., unveiled May 17 by former Gaga Communications exec Yasutaka Hanada. The company will start out as an all-rights buyer and diversify into physical distribution, Hanada says. Presidio’s eventual goal is to release between 10 and 20 pics annually, of […]

More From Our Brands

Access exclusive content