Videocine, CIE ink distrib deal

Biz hopes to dominate Mexican cinema market

MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE).

The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate the Mexican cinema market, according to CIE.

Terms of the deal

Under the deal, Videocine will:

  • distribute EMF-produced films as well as foreign indie pics where EMF has the Mexican rights;

  • use other Televisa arms to step up the marketing of EMF spinoffs including soundtracks, merchandising and behind-the-scenes docs; and

  • bid to increase distribution channels and exhibition times for EMF films.

The move marks a further expansion for Videocine, which already distributes Warner Bros. pics in Mexico and is hoping to co-produce up to six films a year with the Tinseltown giant.

Execs at CIE, based in Mexico City and with growing operations in Argentina, Brazil, Chile, Colombia, Spain and the U.S. Latin market, hope the deal will also reduce production and distribution risks.

“The activities that we will jointly develop beginning in 2000 will be a key element in the strengthening of the Mexican film industry,” CIE chief exec Alejandro Soberon Kuri said.

More Film

  • Kate Winslet Diane Keaton Mia Wasikowska

    Kate Winslet, Diane Keaton, Mia Wasikowska to Star in 'Silent Heart' Remake

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • (L to R) Young Tanya (JESSICA

    'Mamma Mia! Here We Go Again' Reviews: What the Critics Are Saying

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • Sisterhood of the Traveling Pants

    'Sisterhood of the Traveling Pants' Stage Musical in the Works

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • Sundance Film Festival Placeholder

    Sundance Festival's Economic Impact Jumps Up 26% From 2017, Study Says

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • Aubrey Plaza'Ingrid Goes West' film premiere,

    LA Film Festival Adds Inclusion Initiatives

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • Robin Hood trailer

    Jamie Foxx Teaches Taron Egerton to Steal From the Rich in 'Robin Hood' Trailer

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

  • 'Dark Knight' Changed Movies, and the

    Christopher Nolan's 'Dark Knight' Changed Movies, and the Oscars, Forever

    MEXICO CITY — Grupo Televisa has inked a distribution deal with the local film arm of one of Latin America’s largest live entertainment holding companies, Interamerican Entertainment Corporation (CIE). The agreement between Televisa’s subsid Videocine and CIE’s Mexican producers Estudio Mexico Films will mark the start of a “strategic alliance” that will grow to dominate […]

More From Our Brands

Access exclusive content