This article was updated at 1:45 p.m. PT on Seo. 3, 2003.
The volume deal, granting the Mediaset-controlled Telecinco terrestrial rights to 25 movies, kicks off with B.O. barnstormer “Bruce Almighty.”
Telecinco had previously tapped two pics from Spyglass — “Shanghai Knights” and “The Recruit” — via Spyglass’ licensing deal with the Kirch/Mediaset film co-financing combo Emotion.
“We are delighted to be partnered with Telecinco and their talented management team. We have no doubt that their marketing capabilities will garner huge audiences for Spyglass films as they make their way to television in the Spanish market,” said Birnbaum and Barber in a joint statement.
Before that, pubcaster Radiotelevision Espanola (RTVE) had broadcast “The Sixth Sense,” thanks to a broader rights deal for Spain with Kirch sales division Beta.
The Spyglass-Telecinco deal ties down Spyglass product in one of the most significant deals in recent years. In a departure from most licensing deals with Spanish webs, revenues from the Telecinco deal will depend on the performance of Spyglass films at the Spanish B.O.
“We have every confidence that Gary and Roger’s talents for selecting winning projects will be of great benefit to both companies,” said Ghislain Barrois, Telecinco director of acquisitions.