×
You will be redirected back to your article in seconds

‘Casa’ maker folds tent on production

Nala Films shutters arm, cites drain of overhead costs

Nala Films, which backed Will Ferrell’s Spanish-language spoof “Casa de mi padre,” has shuttered its development and production arm, and prexy-COO Darlene Caamano has ankled.

“We will continue to equity finance films and invest in technology,” said Nala chairman-CEO Emilio Diez Barroso, noting that the production and development overhead was a burden on the whole operation.

“We’re best at empowering other films with equity financing,” he said. “Darlene is incredibly talented and resourceful, and I’m confident she will find better opportunities.”

Caamano was unavailable for comment.

Nala recently backed Sofia Coppola’s “The Bling Ring,” putting up a fair share of the pic’s estimated $20 million budget not covered by international pre-sales. Emma Watson and Kirsten Dunst star in the pic, inspired by real events, about celeb-obsessed teens who track stars on the Internet to rob their homes.

Nala also backed Deepak Chopra docu “Decoding Deepak,” which was penned and directed by Chopra’s son Gotham Chopra.

Nala’s credits include “Cere-mony,” starring Uma Thurman, and supernatural thriller “Shelter,” toplined by Julianne Moore and Jonathan Rhys Meyers.

The closure of Nala’s production arm comes after the relative B.O. success of its first Spanish-language pic, “Casa de mi padre,” released by Pantelion, which has grossed some $6 million in the U.S.

Popular on Variety

More Film

  • Nina Wu Midi Z Un Certain

    Chinese Indie and Indian Films Dominate Pingyao Festival Lineup

    Chinese indie and Indian films dominate the lineup of the Pingyao International Film Festival. The main selection for the festival’s third edition will include 28 world premieres, organizers revealed on Monday. The event will screen 52 films from 26 countries and territories, with all of them having their China debut. The opening film is set [...]

  • 'Sound of Metal' Review: Riz Ahmed

    Toronto Film Review: 'Sound of Metal'

    “Sound of Metal” is a film with a potent, searing hook. It stars Riz Ahmed, who is such a sensational actor (just watch him in “Jason Bourne” or “Nightcrawler” or “The Sisters Brothers”), as Ruben, a punk-metal drummer, heavy on the tattoos and peroxide, who has been thrashing away as part of a caterwauling noise [...]

  • David Goodman

    WGA West's David Goodman on Agency Strategy: 'We'll Start Meeting as Soon as Possible'

    David Goodman, who was resoundingly re-elected president of the Writers Guild of America West on Monday, said the guild plans to meet with several talent agencies soon in an effort to ease the impasse over packaging fees and affiliated production. “Many agencies had indicated that they wanted to wait to see the results of the [...]

  • Australian Outback

    Legend Media Seeks Trio of West Australia-China Co-Productions (EXCLUSIVE)

    Perth, Australia-based production company Legend Media is preparing a slate of three feature films to be produced with partners in China. The company styles itself as one that recognizes the opportunities for Asian engagement that have fallen to Australia, through geography, trade and culture. The company aims to make use of the bilateral film co-production [...]

  • David Goodman

    David Goodman Re-Elected President of Writers Guild of America West

    David Goodman has been convincingly re-elected to a two-year term as president of the Writers Guild of America West, beating Phyllis Nagy in a bitter contest that became a referendum on the guild’s ongoing battle with talent agents. Goodman received 4,395 votes to Nagy’s 1,282 in an election that yielded record turnout among the WGA [...]

  • Issa Rae Portrait

    Issa Rae Developing Re-Imagining of Crime Thriller 'Set It Off'

    “Insecure” star and co-creator Issa Rae is in early development on a re-imagining of New Line’s crime thriller “Set If Off,” which starred Jada Pinkett Smith, Queen Latifah, Vivica Fox and Kimberly Elise. Rae will produce with plans to star in the project. Syreeta Singleton and Nina Gloster have been hired to pen the script. [...]

  • Thomas Golubic GMS Conference

    Guild of Music Supervisors President: 'The Economics of the Job Don't Work Anymore'

    The Guild of Music Supervisors (GMS) hosted its 5th annual “State of Music in Media” conference on Saturday, Sept. 15, at the Los Angeles Film School. Featuring a wide array of panel discussions on all manner of issues related to music in film, television and advertising, the confab drew top composers, music supervisors, licensing and [...]

More From Our Brands

Access exclusive content