In the best of all possible worlds, the prototype of the new Euro-cash deals is Joe Roth’s Revolution Studios.
His six-year arrangement, which includes distribution through Germany’s Senator for 36 pictures and in Japan via Toho-Towa and Pony Canyon for 15 pics, gives Roth development capital, gross from source and guaranteed distribution slots from Columbia Pictures — deal points that many producers would sell their eyeteeth to achieve.
Since the deal was announced several months ago, Roth has wasted no time in buying pitches, snatching specs and greenlighting projects. Columbia expects to release six Revolution titles next year.
Then there’s Kopelson Entertainment, the Fox-based production company renowned for having one of the industry’s most lavish overhead deals, but no productions to show for it.
In April, when Kopelson was attached to produce the Fox 2000-developed “La Femme Infidel,” Arnold Kopelson told Daily Variety that he was entering the “most exciting period of my relationship with Fox.”
Just two months later, with 18 months remaining on their five-year Fox contract, Kopelson and wife Anne agreed to a deal in which Munich-based Intertainment would fund $500 million of film production over five years in exchange for a minimum of 10 pictures.
Intertainment has a distribution deal with Warner Bros., where the Kopelsons were once based, and in making the announcement, Kopelson suggested that he would be talking with his previous home to handle domestic distribution of the slate of Intertainment-backed films.
Although sources close to Kopelson say that Intertainment is in talks with several studios, Intertainment/Kopelson currently has no domestic deal. And while Warners has not ruled out the possibility of working with Kopelson, a studio rep says the producer has not approached the studio.