New label to produce low-budget hits
BERLIN — Constantin Film has launched a production label for low-budget films following the example of U.S. studios, whose low-budget hits include “Little Miss Sunshine,” “Paranormal Activity” and “The Raid.”Via its new Alpenrot label, Constantin aims to produce one or two films a year budgeted at €1 million ($1.24 million) or less. It is accepting scripts and budget outlines from indies that would serve as executive producers as long as all exploitation rights on the properties are available. Alpenrot will support and advise on financing and production, and handle sales and distribution. “The aim is to support new talents, gain more creative potential and give films a chance that normally would never have had one,” the company said. Friederich Oetker and Constanze Guttmann will head Alpenrot, with Christine Rothe overseeing projects on the production side.