Wanda, Yelmo in distrib alliance

MADRID — Leading Spanish art film distributor Wanda Films has joined with Ricardo Evole’s Yelmo Films, one of the country’s biggest exhibition chains, to form Wanda Distribucion, a joint distribution alliance for Spain.

Yelmo owns 98 screens, including nine multiplexes, two of which are key original-version sites for arthouse and mainstream films — the eight-screen Cines Ideal in Madrid and the 15-plex Cines Icaria in Barcelona. Yelmo also programs Eugenio Sanchez Ramade’s 32-screen cinema circuit in southern Spain.

“The partnership will give me an important access to cinema screens,” Wanda owner Jose Maria Morales told Daily Variety, adding that he could now raise his distribution slate from 10 to around 12 films a year.

Having co-produced Arturo Ripstein’s “Deep Purple” (Profundo Carmesi), Morales is planning to set up a separate production banner. His growing production portfolio includes upcoming films by Ripstein (“The New Jerusalem”) and “Inquietude” from Portugal’s Manoel de Oliveira.

Claude Chabrol’s “Rien ne va plus,” which Wanda distributes for Spain, will receive its world premiere at the San Sebastian Fest this September.

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