Deal covers TV rights; runs 'til 2005
This article was updated at 2:31 p.m.
MADRID — Buena Vista Intl. TV will handle TV rights to Miramax and Dimension Films movies in Spain. Exclusive agreement, announced Sunday at Mipcom, kicks in with pics “Kill Bill,” “The Hours” and “Chicago.” It lasts through 2005 and gives BVITV Spanish TV rights to some 17 films a year.
Spain’s Lauren films previously handled TV rights of Miramax pics.
Now forming part of BVI’s sales stable, as is also the case in the U.K., Germany and Italy, the new Spanish TV deal will help Miramax access free and pay TV deals in Spain. Indie distribs are virtually frozen out of pay TV deals with Sogecable for the moment.
New deal leaves Miramax with three options for theatrical and video in Spain: establish its own standalone theatrical distrib; seal a preferential arrangement with an established distrib or distribs; or sell off films on a film-by-film or group-pic basis.
“BVITV has established a reputation as a distributor that can deliver a ‘must-watch’ experience for broadcasters. We are pleased to be represented by a distribution organization that has unparalleled relationships with broadcasters throughout Europe,” said Rick Sands, Miramax Films chief operating officer.