Two subsids take StudioCanal name
The Last Exorcism,” which it fully financed; “The Tourist,” which it co-developed and co-financed; Joel Silver production “Unknown,” which it also co-financed; plus “Sammy’s Adventures.” “Each market has its own specific characteristics. But the three countries form a really big domestic market for StudioCanal and possess some kind of homogeneity,” Courson said. With Stefan Ruzowitzky’s “The Blackbird” — financed by 2029, produced by Mutual Film Co. and unveiled at Berlin — the company, owned by Vivendi paybox Canal Plus, has begun to buy international and French, U.K. and German rights on U.S. pics. It introduced the Joel Silver co-financed “The Last Photograph” to buyers at Cannes. StudioCanal has seen large hits with “The Last Exorcism,” which cost under $2 million but grossed $41 million in the U.S., and Ben Stassen’s 3D toon feature “Sammy’s Adventures,” which has cumed $79 million worldwide and counting. StudioCanal is focusing on animation and “elevated genre,” in Courson’s words, as two production priorities. Starring Gary Oldman, Colin Firth and Tom Hardy, “Tinker, Tailor” is “really representative of a key priority for us: ambitious productions with great European talents and a European feel,” Courson said. Its “high-quality mid-range budget (below $30 million) is “a good example of what we’re looking for.” Two-thirds of StudioCanal’s revenues now come from outside France, Courson said. Revs for 2011 are tracking 10% up on 2010, he added.
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