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Magnet Media Group and visual effects specialist Prime Focus have signed a co-production deal for three pics, each carrying a budget of $20 million to $30 million.
Russia's Sistema Mass-media and Chinese technology company Huawei have set up a Russian-Chinese film fund.
Image Entertainment has snapped up U.S. rights to Israeli horror film "Rabies" from XYZ Films. Mongrel Media has nabbed Canadian rights to the pic, which is the directorial debut of Navot Papushado…
Backup Films, a film consultancy-turned investor, has brokered TF1 Intl.'s acquisition of worldwide rights outside France on "Rebirth," helmed by Jean-Marc Mineo.
The indie outfit is developing "Dirty Pink," a coming-of-age pic helmed and directed by first-timers Elise Benroubi and Remi Bertrand.
Ashok Amritraj's Hyde Park Intl. has picked up international sales rights to Tom Shadyac's documentary "I Am." "I Am" is produced by Dagan Handy ("Bruce Almighty," "Dragonfly").
Nicolas Traube's Paris-based Pampa Prods. and Brazil's Conspiracao and Globo Filmes are teaming on one of the biggest Franco-Brazilian co-productions to date, "Rouge Bresil," an €8 million ($11.5…