‘Casa’ maker folds tent on production

Nala Films shutters arm, cites drain of overhead costs

Nala Films, which backed Will Ferrell’s Spanish-language spoof “Casa de mi padre,” has shuttered its development and production arm, and prexy-COO Darlene Caamano has ankled.

“We will continue to equity finance films and invest in technology,” said Nala chairman-CEO Emilio Diez Barroso, noting that the production and development overhead was a burden on the whole operation.

“We’re best at empowering other films with equity financing,” he said. “Darlene is incredibly talented and resourceful, and I’m confident she will find better opportunities.”

Caamano was unavailable for comment.

Nala recently backed Sofia Coppola’s “The Bling Ring,” putting up a fair share of the pic’s estimated $20 million budget not covered by international pre-sales. Emma Watson and Kirsten Dunst star in the pic, inspired by real events, about celeb-obsessed teens who track stars on the Internet to rob their homes.

Nala also backed Deepak Chopra docu “Decoding Deepak,” which was penned and directed by Chopra’s son Gotham Chopra.

Nala’s credits include “Cere-mony,” starring Uma Thurman, and supernatural thriller “Shelter,” toplined by Julianne Moore and Jonathan Rhys Meyers.

The closure of Nala’s production arm comes after the relative B.O. success of its first Spanish-language pic, “Casa de mi padre,” released by Pantelion, which has grossed some $6 million in the U.S.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety