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Vertice 360 unveils film plans

Company looks to int'l markets for growth

MADRID — Coinciding with its listing on Madrid’s stock market from Wednesday, ambitious Spanish film and TV holding Vertice 360 has unveiled its new film production plans, which combine a focus on young talent projects from Spain, plus an involvement in big international co-productions.

“Our growth must come through the international market,” said Tomas Cimadevilla, Vertice’s general manager, film and theater productions.

Controlled by Avanzit, a high-tech conglom, Vertice’s film production division is made up of successful comedy pic shingle Telespan 2000, founded by Cimadevilla, Barcelona-based production-distribution house Notro Films and genre producer-distributor Amazing, a joint venture with U.S. filmmaker Brian Yuzna.

Vertice’s film division current sphere of activity is mainly the Spanish-language market.

The company will open offices in Argentine and Mexico next year, initially to distribute film titles, but in a second phase, also to initiate film productions.

Another of Vertice’s market priorities is Portugal, where it has operated through Notro Films since 2004, having inked an alliance with local indie distributor LNK.

Vertice is studying taking rights to Spain and other markets on several big international projects. Its distribution activities will also allow it on occasions to take minority equity on projects.

“We have become a kind of mini studio, which can enjoy synergies, such as offering post-production services to our productions,” Cimadevilla said.

Budgeted at $3 million-$9 million, Vertice’s inhouse 2008 slate of young Spanish talent includes:

*English-language thriller “Jennifer Can,” probably to be shot in the U.S., helmed by Spanish director Luis Berdejo after he concludes thriller “The New Daughter,” toplining Kevin Costner and Ivana Baquero (“Pan’s Labyrinth”).

*Youth comedy “El Pagafantas,” the feature debut of Borja Cobeaga, whose short, “Eramos pocos,” was nominated for an Oscar’s this year. “Pagafantas” is part of a three-pic package deal inked by Cobeaga and Vertice.

*”Extremo,” a — for Spain — pioneering martial arts project, scripted by Antonio Trashorras, the co-writer of Guillermo del Toro’s “The Devil’s Backbone.”

*Musical comedy “Con amor o sin amor,” a Spain-Argentine co-production to be helmed by David Serrano (“Soccer Days”).

*Next projects by writer-directors Luis Piedrahita and Rodrigo Sopena after their well-received debut, “Fermat’s Room.”

*English language horror pic “Possession,” by TV director Jose Caro.

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