You will be redirected back to your article in seconds

Oz’s Macquarie inks UIP distrib deal

Company close to announcing upcoming projects

SYDNEY — In a boost for independent commercial Australian filmmaking, private Oz film group the Macquarie Film Corp. has clinched a two-year first-look distribution deal Down Under with UIP, the overseas releasing arm of Paramount, Universal and DreamWorks.

Macquarie is one of two film license investment companies established by the conservative federal government after it cut direct screen production subsidies. While Macquarie and its competitor Content Capital struggled to raise the combined A$40 million ($21 million) they sought, Macquarie finally raised $9 million earlier this year.

Macquarie topper Bryan Lowe said the company was close to announcing its first three projects, which will have combined budgets of about $18.5 million and be anchored by high-profile Oz directors and actors with international directors.

Lowe added that Macquarie was negotiating other deals with international sales agents.

London-based UIP acquisitions and development head Marion Pilowsky told Daily Variety that UIP would be closely involved in the selection and development process with Macquarie in what she termed “a very collaborative relationship.”

Since being appointed earlier this year to boost UIP’s independent slate, Pilowsky has clinched similar deals with the U.K.’s Axiom (whose slate includes two Oz pics, David Caesar’s “Mullet” and Robert Connolly’s “The Bank”), Spain’s Planeta and Germany’s Advanced. Other European deals are in the works.

Popular on Variety

More Film

  • Leonardo Dicaprio Once Upon a Time

    Leonardo DiCaprio's Earth Alliance Commits $5 Million to Amazon Fires

    Earth Alliance, an environmental initiative backed by Leonardo DiCaprio, has committed $5 million toward the preservation of the Amazon rain forest following an alarming surge in wildfires. After launching Sunday, the organization’s emergency Amazon Forest Fund is working to support local partners and indigenous communities in their efforts to protect the sensitive habitats within the [...]

  • (from left) Luke Hobbs (Dwayne Johnson)

    Box Office: 'Hobbs & Shaw' Scores $102 Million Debut in China, Nears $600 Million Globally

    Universal’s “Hobbs & Shaw” returned to first place on the international box office charts, thanks to a massive $102 million debut in China. The “Fast & Furious” spinoff, starring Dwayne Johnson and Jason Statham, collected another $120 million overseas, boosting its foreign tally to $441 million. “Hobbs & Shaw” is nearing the $600 million mark [...]

  • Angel Has Fallen

    Box Office: 'Angel Has Fallen' Rises to No. 1 With $21 Million Debut

    “Angel Has Fallen,” the third chapter in Lionsgate and Millenium’s action franchise starring Gerard Butler, had a stronger opening weekend than expected, collecting $21.25 million during its first three days of release. Those ticket sales were enough to top domestic box office charts, bumping last weekend’s champ, Universal’s comedy “Good Boys,” to second place. Starring [...]

  • Amanda

    ‘Amanda’ Takes Home Best Int’l Film at 15th Sanfic

    SANTIAGO, Chile    French director Mikhael Hers’ “Amanda” scooped up the Best Int’l Film award Saturday (Aug. 24) at the 15th Santiago Int’l Film Fest (Sanfic), which reported a 20% audience uptick in the past two years and continues to grow its reputation as the most vibrant and prominent film festival in Latin America’s Southern [...]

  • disney d23

    Cruella, Kit Harington and Black Panther's Return: Everything We Learned at D23 Day Two

    Not to be outdone by the avalanche of series orders and casting announcements bolstering the new streaming series Disney Plus, Walt Disney Studios showed off its film wares in a marathon presentation at D23 on Saturday. The Anaheim, Calif. expo brought star power, if perhaps fewer surprises than Friday’s presentation, as fans in princess and [...]

  • Harvey Weinstein, Katie Holmes, Taylor Swift'The

    Taylor Swift Downplays Association With Harvey Weinstein

    Taylor Swift’s association with disgraced movie mogul Harvey Weinstein was among the topics the singer addressed in a revealing new interview with The Guardian. Weinstein held producer credits for the movies “One Chance” and “The Giver,” both of which featured Swift — in the former, a song, and in the latter, a supporting role. She [...]

More From Our Brands

Access exclusive content