Indomina Media Intl. and Pantelion Films are teaming to co-finance and distribute several predominantly Spanish-language films internationally.
The multi-picture deal provides for the Dominican Republic-based production branch of Indomina to finance production of up to four films per year with wide commercial appeal. Pantelion — a joint venture between Lionsgate and Televisa — will acquire worldwide distribution rights to the films, which will be released by Pantelion in the U.S. and Televisa’s Videocine in Mexico.
The partnership is in preproduction on the comedy “Complices,” which follows a philanderer forced to take his nephew with him on a beach vacation, and “Quien Manda?,” produced by sisters Zoe and Cisely Saldana through their production company Cinestar Pictures and by Marco Films. “Quien Manda?” is a remake of a Dominican romantic comedy about a charming womanizer who falls for a woman who is a bigger “player” than he is.
The companies are also planning to develop a Spanish-language remake of the Lionsgate comedy “Employee of the Month.”
The films will be entirely produced in the Dominican Republic to take advantage of government film incentives and the services at Indomina’s Pinewood Dominican studio facilities.
The slate is financed by Indomina’s newly formed fund aimed developing and producing Dominican films targeting international audiences. The fund’s advisory board includes Dominican director-producer Juan Basanta and WME’s Alexis Garcia. Development and production will be overseen by Indomina VP Stacey Stanley and producer Sandra Condito.
Pantelion and Indomina previously collaborated on the 2012 release “Filly Brown.”
In February, Indomina and Comerica Bank closed a $26 million revolving production loan to finance Indomina’s slate of feature films.