Spain’s biggest niche pay TV channel producer, Barcelona-based Media Park, has entered into film production, taking stakes in two Spanish pics.
Media Park will put up 50% of the financing for “El Dulce,” a coming-of-age drama from second-time director Jesus Mora, toplining Aitana Sanchez-Gijon. Pic is co-produced by Maria Luisa Matienzo’s Madrid-based Tusitala. Media Park’s Santiago Lapeira and Gianni Ricci and Matienzo take a producer’s credit. The film rolls April 1.
Media Park has also taken 10% in “KM 0,” a Madrid-set choral dramedy now in post helmed by Jose Luis Iborra and Yolanda Garcia Serrano, and co-produced by Universal Pictures Spain.
Media Park is the first of Spain’s latest-generation of digital/cable owners, suppliers or operators to enter pic production.
Video giant VCL is pacting with Japan’s Toho Towa and Hollywood’s C2 Production in a venture that will give VCL a 25% slice of worldwide revenues from all future “Terminator” product.
Company will get a cut from the planned feature films “Terminator 3” and “Terminator 4,” for which the scripts are near complete, “Terminator” merchandising and a computer game and new TV series.
VCL, which went public last year, will also get theatrical rights to “T3” and “T4 ” for German speaking territories.
Deal is one of a number in recent weeks under which major U.S. projects will receive backing from the German stock exchange brat pack.
Warner Bros. has begun working with a new homevideo partner in Russia — local label Most-Video, a newly established outfit that’s a subsidiary of the country’s powerful media holding company, Media-MOST.
Most-Video has signed a three-year agreement with Warners.
Media-MOST’s other interests include Russia’s leading commercial TV channel NTV, as well as a variety of film production, distribution and exhibition companies.
The 28th Huesca Film Festival in Spain will host Europe’s first market dedicated to Latin American shorts this summer.
Festival director Jose Escriche said the market would also be a chance for makers of shorts from across the continent to meet and swap ideas. The festival, running June 8-17, will also screen five shorts shot by known feature directors including Mexico’s Arturo Ripstein.