Pickup expected to bring exclusive output deal
FROM THE AMERICAN FILM MARKET
German indie distributor Helkon Media has taken all German rights to the $25 million remake of “House on Haunted Hill,” produced by Joel Silver (“Die Hard,” the “Lethal Weapon” series), Robert Zemeckis and Gil Adler for Dark Castle Entertainment.
Helkon Media co-president Werner Koenig said the pickup is intended to lead to a full exclusive output deal between Helkon and Dark Castle, Silver and Zemeckis’ genre-pic production company.
“We have to secure a wide range of product, including films for young adults,” Koenig said of his company’s interest in Dark Castle.
Since Dutch TV giant Endemol Pictures took a 51% stake in Helkon last year, Helkon has obtained access to approximately $80 million for acquisitions and co-productions.
The Dark Castle deal is Helkon’s fourth significant pact with a U.S. company. Helkon already has an output deal with Silver and Richard Donner’s Decade. It has a revolving production and distribution arrangement with producer Ed Pressman; and it signed a four-pic distribution deal with Signature/Behaviour at Mifed last year.