Ending a five-year feud, Menahem Golan and Yoram Globus confirmed Wednesday that they have reteamed. Globus, the chairman of Melrose Entertainment, will distribute all product of Golan’s 21st Century Film Corp.
Although IDF Intl., with whom Golan is negotiating, announced Tuesday that Golan would resign his post as chairman, Golan said Wednesday the new partnership with his cousin called for Melrose to become the worldwide sales arm of 21st Century, as well as Cannon Pictures, Global Pictures and an untitled affiliate Golan is still forming.
Globus will move his operation into the West L.A. offices of 21st Century, which will dissolve its in-house foreign sales department.
“It will strengthen his position in the marketplace with my product, and my position will be strengthened by his salesmanship,” said Golan, adding, “It is time to make peace.”
Golan said that upcoming projects will be co-produced under the Golan-Globus emblem. Theyinclude the dance drama “Ballhouse Jam,” starring David Charvet, Rita Moreno and Julia Migenes; the action adventure “Babylon”; “Ladykillers,” a remake of the Peter Sellars and Alec Guiness work; and the Family Film Classics features.
Golan and Globus severed their 20-year working relationship five years ago amidst a controversy leading to Credit Lyonnais ousting Globus from the MGM-Pathe board in 1991.