New operation to work in tandem with Itaca Films in Mexico, the U.S. and Brazil
Slotting another valuable piece into his burgeoning Latin American production-distribution operations, AG Studios L.A. and Mexico City-based prexy-producer Alex Garcia has tapped well-known Colombian producer Rodrigo Guerrero to head up Bogota-based production/services company Itaca Films Colombia.
A founding partner and producer at Dynamo, Colombia’s biggest movie production-financing house and a member of Participant PanAmerica, Guerrero’s production credits – extensive for Colombia’s mostly young film industry – include Andres Baiz’s hit “The Hidden Face,” co-financed and co-distributed by Fox International Productions, Javier Fuentes Leon’s Sundance Audience Award winner “Undertow,” and Josh Marston’s Academy Award nominee “Maria Full of Grace.”
Itaca Films Colombia will work in tandem with Itaca’s main H.Q. in Mexico City headed by CEO-producer Santiago Garcia Galvan, as well as Itaca Films USA in New Orleans and Itaca Films Brazil, based out of Rio de Janeiro.
With Itaca Films’ recent launches in Colombia and Brazil, AG Studios now has production operations in three key Latin American markets, which all have multiple co-production treaties. Mexico has created a 7.5% rebate for international productions. Itaca Films Colombia will be able to offer cash rebates on local and international film and TV productions – one of the latest recipients is Netflix series “Narcos” – tabbed at 20%-40% of Colombia spend in the case of the latter, plus significant lower pricing points for services than not only the U.S. but also neighboring Brazil.
Beyond offering services for film and TV productions looking to tap into Colombia’s rebates, Itaca Films Colombia will also drive into strategic local content partnerships.
Garcia and Itaca Films have already begun to team on productions that tap into talent and facilities across its territories.
One example: Itaca Films in Mexico and New Orleans have produced Alfonso Pineda Ulloa’s Paul Schrader scripted “The Jesuit,” AG Studios biggest action thriller to date, in association with Santa Monica and Mexico City-based BN Films, run by Lucas Akoskin and Alex Garcia. Using Itaca New Orleans’ crew, “The Jesuit” shot in L.A. and Lancaster, Northern California. Pineda Ulloa comes from Mexico.
Guerrero has a B.A. in Film Production from Tisch School of the Arts – New York University (NYU). In 2011, CNBC Magazine selected him as one of the 20 most influential entrepreneurs in Latin America and Revista Semana named him as one of the five top filmmakers in Colombia in 2012.
He recently wrapped post-production on “Que viva la música,” a co-production between Itaca Films and Dynamo, directed by Carlos Moreno (“Dog Eat Dog,” “Escobar el patron del mal”), inspired by Andres Caicedo’s best-selling cult novel and recently published by Penguin Books in English.
Anna Marie de la Fuente contributed to this article