Chan's 'Around,' Cameron's 'Ghost' part of pact
KOLKATA — Innovision Communications, one of India’s top indie distributors of American and European films, has acquired several pics from Summit, Lakeshore, Initial and France’s Gaumont.
“We have already firmed up a tie-up with Summit recently to acquire at least three films,” says Inderjit Singh, Innovision’s managing director. “These include ‘Jackie Chan’s Around the World in Eighty Days,’ ‘I Am David’ and James Cameron’s ‘Ghost of the Abyss.’ ”
The Gaumont title is “The Visitors” sequel “Just Visiting.” Also on Innovision’s slate is the Lakeshore-distribbed “The Human Stain.”
“We are conservatively looking at about five or six acquisitions in a year,” Singh says. “The numbers could rise depending on the quality of films that come our way. Talks are also on with a couple of British companies (including) Winchester Films.”
According to Singh, acquisition amounts range between $25,000 and $150,000 for Indian rights to a Western title.
To bolster its catalog of films available for TV distribution, Innovision has picked up video and TV rights to 100 films from Trident Releasing.
While video/TV rights to a smaller film can run $2,000-$5,000, major pics cost upward of $25,000.
Innovision is also negotiating with Lakeshore for 250 films from Hearst Entertainment, recently acquired by Lakeshore, for TV and video rights.