BERLIN — German production fund KC Medien has unveiled production pacts with Mandalay Pictures, French giant Pathe and Lions Gate that will see it invest north of $500 million in their slates through 2003.
The Lions Gate agreement calls for KC to partner on pictures in the $10million-$15 million range, on the condition that the pics are shot in Germany. Companies kicked off with Peter Bogdanovich’s “The Cat’s Meow,” which has just been shooting in Berlin.
Running through 2003, a production deal with Mandalay will see the two companies co-operating 50/50 on some 20 pictures, with KC Medien bringing some $250 million to the table.
Joint projects include Oliver Stone’s “Beyond Borders,” Frank Oz’s “The Score” and “Vicar,” to be directed by Constantin Costa-Gavras.
A second multi-pic agreement with Pathe will see KC Medien invest Euro 250 million through 2003. The joint production deal calls for Pathe to distribute the pics in its territories.
Joint projects include Eric Rohmer’s “The Lady and the Duke,” Stephan Schwarz’s “Abduction Club,” and the Gerard Depardieu starrer “Asterix 2.”
Deal was described by Pathe’s L.A. rep, Jean Luis Rubin as a “co-operation made in heaven that allows us to be more ambitious and make more films.”
Set to enhance its foothold in Europe still further is KC’s joint project with Canal Plus, Bertrand Tavernier’s “Laisser Passer.”
KC Medien is committed to having an equal footing in both the European and the U.S. production markets.
Through a deal with Mandalay, KC Medien is also linked to the CineArtists Entertainment entity, which is to be majority owned by Phillip Kreuzer and Peter Guber and which will contain Mandalay Pictures as a stand-alone entity.