Spanish pubcaster RTVE has created a cash prize at Mexico’s Guadalajara Intl. Film Festival, one of the most important in Latin America.
The Television Espanola Prize offers €150,000-€250,000 as a co-production stake, including Spanish TV rights, in one of the 22 projects selected for the fest’s Ibero-American Film Co-Production Meeting, which runs March 24-26.
This year’s lineup features up-and-coming auteurs such as Argentina’s Jorge Gaggero, who will attend with “The Security of Dogs.” Fest runs March 22-30.
Better-known producers include Veronica Chan, who’s backing “Security,” Camilo Vives at Cuba’s ICAIC, who’s behind Arturo Sotto’s “Peter Pan’s Kids,” and Spanish shingle MPC, which is behind Alberto Graca’s “Entre el dolor y la nada,” a Spain-Brazil-Portugal co-production.
A fee of €150,000-€250,000 is par-for-the-course for TVE pickups.
With most Spanish-lingo pics not costing much more than $1.5 million, the co-production coin is a attractive lure for producers.