Los Angeles-based Stonebrook Intl. has acquired all international rights to helmer Sergi Vizcaino’s psychological horror-thriller “Paranormal Xperience 3D,” Spain’s first 3D horror movie.
Pic, also known as “PX3D,” is Spanish production company Rodar y Rodar’s follow up to “The Orphanage” and “Julia’s Eyes.”
Sony has Spanish theatrical distribution rights to “PX3D.” Antena 3 Films, the film arm of broadcaster Antena 3, co-produces the abandoned village-set shock pic.
The Stonebrook-Rodar deal underscores a trend in Spanish production and sales.
Challenged by a tough local market — the 2010 box office dropped 1.3% to €662 million ($953.7 million) — “pre-sales or studio distribution are increasingly part of a production in order to finance films adequately,” said Rodar’s Joaquin Padro.
The Stonebrook deal completed the financing on “PX3D’s” $7.2 million budget.
It will be part of Stonebrook’s Cannes market slate, which includes vampire movie spoof “Bite Me” and “Project Fatality: The Academy,” the first in a six-feature paranormal chiller label.
Stonebrook was launched last year by Delphine Perrier, a former exec at Paramount Vantage, Odd Lot Intl. and Mandate.Spanish production and international sales on upscale movies is contracting around key companies with international track records, such as Rodar y Rodar.
“I’m very excited to work with Rodar y Rodar. They have proven in the past that they produce amazing films at reasonable budgets that travel worldwide,” said Perrier.
3D requires “PX3D” to be dubbed into local languages given the difficulties of subtitling 3D films, Perrier added.
That increases the pic’s potential international multiplex play, bringing it closer to its youth aud.