Teuton triple for Allen

VCL hands auteur $100 mil for rights

In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years.

VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in place with DreamWorks, which also released Allen’s most recent film, “Small Time Crooks.” Allen expects to begin production on his next film this fall.

The DreamWorks deal closed shortly after Allen ended his relationship with producer Jean Doumanian’s Sweetland Films (Daily Variety, March 17). However, under the DreamWorks-VCL arrangement Allen still retains the same creative control he enjoyed under his previous productions.

In recent weeks, VCL has made a number of deals that are expanding the company from its core video business in Germany to become an international licensing player.

Last month, VCL struck a deal with Francis Ford Coppola’s American Zoetrope to handle extensive foreign rights on 10 pictures being developed by Zoetrope for MGM.

VCL has also entered a venture with Mario Kassar and Andy Vajna’s C-2 Pictures to co-finance the next two “Terminator” films.

The deal was structured by Rena Ronson of WMA Independents, the indie arm of the William Morris Agency headed by Cassian Elwes, and by attorney Irwin Tenenbaum and business manager Stephen Tenenbaum of Tenenbaum & Tenenbaum. Allen is repped by John Burnham at WMA. Repping VCL were Datty Ruth, Stefan Radtke and Willi Baer.

More Film

  • Durban FilmMart Celebrates Women as Industry

    Durban FilmMart Celebrates Women as Industry Still Struggles With Transformation

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

  • MayFair, directed by Sara Blecher

    Sara Blecher’s ‘Mayfair’ Brings Feminine Gaze to Gangster Tale

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

  • Todd Brown, XYZ Films

    African Finance Under Spotlight at Durban FilmMart  

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

  • Ryan Reynolds'Deadpool' panel, Comic-Con International, San

    Ryan Reynolds Wants to Explore Deadpool's Bisexuality in Future Films

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

  • Mandatory Credit: Photo by Invision/AP/REX/Shutterstock (9243328q)From

    Jonathan Gold, Pulitzer Prize-Winning Restaurant Critic, Dies at 57

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

  • Johnny Depp Amber Heard

    Johnny Depp, Amber Heard Appear Moments Apart at WB's Comic-Con Panel

    In a deal valued at $100 million, German licensing company VCL Film & Medien has taken international rights on the next three films from Woody Allen over the next three years. VCL will co-finance the films, which are expected to be budgeted in the $25 million range. Domestic distribution for the pics is already in […]

More From Our Brands

Access exclusive content