Division also negotiating 'American Crime'
SITGES, Spain — Underscoring its international aggression as both a distributor and an emerging producer, Planeta 2010 has taken an equity position on MDP Worldwide’s big-budget disaster pic “Firespill.”
The film and TV division of Spanish publisher the Planeta Group, Planeta 2010 also is in advanced negotiations with MDP to co-produce the $10 million mystery-thriller “American Crime.”
Now in development, and produced by Peer Oppenheimer and Tom Sarnoff, the $70 million “Firespill” turns on two supertankers, Russian and American, that collide off the Pacific Coast, creating a firestorm. A director has yet to be attached.
Planeta 2010 will take distribution rights to Spain and Portugal as part of its co-production deal on both pics.
“Firespill” is the biggest co-prod for Planeta 2010, which launched in 1999. It took a co-production stake in Roman Polanski’s $35 million “The Pianist” early this year.
According to Planeta 2010 distrib director Adolfo Blanco, the division’s acquisition policy has been to start from scratch and build step by step.
“But we’re now ready to take on more ambitious projects,” Blanco said. “(Starting in) 2002, we’ll enter at least two blockbusters a year.”