Summit Entertainment has acquired worldwide distribution rights to the library of German filmmaker Wim Wenders, which includes the helmer’s award-winning pics “Paris, Texas” and “Wings of Desire” and his upcoming “The Buena Vista Social Club.”
Summit has contracted with Wenders and Ulrich Felsberg’s Road Movies outfit to license the catalog, which contains more than 20 pics.
The L.A.-based sales and financing company says it will consider theatrically re-releasing the titles where appropriate.
“Club” chronicles a group of Cuban musicians, headed by virtuoso guitarist Ry Cooder, during several concerts in Amsterdam and New York’s Carnegie Hall. The pic, which has a Grammy award-winning soundtrack, is skedded for theatrical release in 1999.
Coming out at Mipcom
Other pics in the catalog, which Summit plans to introduce at next month’s Mipcom TV market in Cannes (Oct. 5-9), include 1993’s “Faraway, So Close,” starring Otto Sander, Peter Falk, Horst Bucholz and Nastassja Kinski; and 1991’s “Until the End of the World,” starring William Hurt and Sam Neill.
The director’s two most famous pics, 1984’s “Paris, Texas,” which starred Harry Dean Stanton and Kinski, and 1987’s “Wings of Desire,” starring Bruno Ganz, Sander and Falk, won the Palme d’Or and best director nod for Wenders at their respective years in Cannes.
Earlier this year, Warner Bros. issued a remake of “Wings” — “City of Angels,” directed by Brad Silberling and starring Nicolas Cage and Meg Ryan. That pic grossed nearly $80 million in the U.S.
Under the agreement, Summit, which is headed by Patrick Wachsberger, also will handle early Wenders pics such as “The Goalkeeper’s Fear of the Penalty,” “Alice in the Cities,” “The American Friend” and “State of Things.”
‘Violence’ not included
Wenders’ last American film, “The End of Violence,” starring Bill Pullman and Andie MacDowell, is not covered under the agreement. MGM holds domestic rights to that pic, and Ciby Sales maintains international rights.
U.S. mini-major Artisan Entertainment, which holds a stake in Summit, would be a convenient theatrical and homevid distributor of the package. Artisan has even shown interest in issuing theatrical re-releases, such as the forthcoming “The Last Emperor.” However, as yet, Summit has not held any discussions with Artisan about its becoming involved in the Wenders titles.
Wenders’ next feature is the English-lingo thriller “The Million Dollar Hotel,” a co-production between Road Movies and Icon Productions.
Felsberg negotiated for Road Movies, and executive VP-partner David Garret repped Summit.