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Euro companies bond to produce in Argentina

KDM formed from OK, Mikado, DeAPlaneta

Argentinean producer Oscar Kramer’s OK Films, Italian distributor-exhibitor Mikado Films and Spanish-Italian producer-distributor DeAPlaneta have teamed to create a Buenos Aires-based prodco, KDM Films.

DeAPlaneta is a joint venture of Spain’s Planeta Group and Italy’s DeAgostini.

Given its Euro backers, KDM is likely to be a top, if not the top, pic production player in Argentina.

Kramer has been named prexy of the joint venture, which aims, he says to make some two to three films a year in Argentina mixing its talent and economic production services, with Euro coin.

The move come just weeks after Planeta sealed a deal with Spanish telco giant Telefonica to buy a controlling minority stake in Spanish broadcaster Antena 3.

Per DeAPlaneta director general Agustin Mezquida, the partners will have a first look position on distributing their joint productions. But Planeta’s ownership of Antena 3 gives the partnership a powerful potential TV outlet in Spain.

“The partners share an enthusiasm for high-quality pics and will make films in Spanish, Portuguese or Italian,” says Mikado’s head of production and acquisitions, Roberto Cicutto.

Kramer says KDM is advancing on a clutch of projects: “Le chien,” the next pic by Carlos Sorin (“Historias minimas”) in co-production with Spain’s Wanda Vision; a big-screen adaptation of a Jorge Luis Borges short-story by Sally Potter, in co-prod with the U.K.’s Adventure Pics; and comedy “Fantasma en Buenos Aires” by first-time helmer Guillermo Grillo.

KDM is also in talks to produce a film by Argentinean helmer Lucho Bender and to board Adolfo Aristarain’s “Alma de bohemio,” which is being produced by Spanish prodco Tesela.

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