MADRID — Spanish production house Kanzaman Productions has taken a co-production stake in the $17 million romantic comedy “My Life in Ruins,” toplining Nia Vardalos, star and writer of “My Big Fat Greek Wedding.”
Kanzaman teams with the pic’s other producers, Tom Hanks’ Playtone Films and 26 Films, producer of “The Wedding Date.” Kanzaman’s participation runs at 30%.
Cast also includes Richard Dreyfuss, Maria Adanez, Maria Botto and Alexis Georgoulis.
Helmed by Donald Petrie (“Just My Luck”), “Ruins” is the first U.S. pic to shoot at Alicante’s Ciudad de la Luz studios, rolling from next Wednesday.
Pic will also lense in Greece over Oct. 6-22.
U.S.-based distributor-sales company Echo Bridge is handling worldwide distribution rights. Pic has been sold to Warner for U.K. and Splendid for Germany.
Mike Reiss (“The Simpsons”) wrote the original screenplay of “My Life in Ruins.” It has been revised by Vardalos. Pic continues Vardalos’ signature line in comic but troubled romance with the actress playing an American woman who tries to recover from divorce by moving to Greece and becoming a tourist guide.
Kanzaman Productions is the Valencia-based division of Spain’s Kanzaman, set up specifically to attract international shoots to a region whose government offers rebates of 12%-18% of local spend for movies shooting in the Valencia region or at Ciudad de la Luz.