MADRID — Production exec Teresa Moneo, former senior VP of production at Miramax London, has been tapped co-managing director at top Spanish distrib Aurum Producciones.
Spanish-born Moneo took up her position Wednesday and will attend Cannes representing Aurum. Appointment would seem to clear any residual doubt about Aurum’s commitment to the film sector after the departure of high-profile CEO Francisco Ramos in September 2000.
Under CEO John Gibbons, a Brit who also held an exec position at Aurum’s owner, Spanish publishing company Zeta, Aurum has scythed its distrib slate for Spain, retaining only “The Lord of the Rings” trilogy from its output deal with New Line. It has bought fastidiously outside the trilogy, taking “My Big Fat Greek Wedding” and upcoming local teen testosterone comedy “Slam.”
In March Aurum teamed with Berlin-based Ottfilm to take theatrical and homevid rights for Germany and Austria on titles from Epsilon. Question is whether this move marks the beginning of an expansion for Aurum in Europe rather than the troubled Spanish distrib market.
While at Miramax, Moneo was responsible for acquiring such titles as Roberto Benigni’s Oscar-winning “Life Is Beautiful” and Alejandro Amenabar’s “The Others.”