You will be redirected back to your article in seconds

FilmSharks Drives Latin America Remake Boom (EXCLUSIVE)

‘Upside Down,’ ‘2 + 2,’ ‘Boyfriend’ among deals

GUADALAJARA – For decades, Latin America’s biggest challenge has been snagging theatrical distribution for its movies throughout the region.

Finally, however, pioneers like Guido Rud’s FilmSharks Intl. are discovering one kind of answer: local remakes.

Given the size these days of Latin American markets and the rising quality of original story lines, remakes are a business involving U.S. studios and powerful local indie distribs alike.

In its latest deals, unveiled as Mexico’s Guadalajara Film Market kicked into gear Saturday, FilmSharks announced it has sold Spanish-language remake rights to Brazilian sex comedy franchise “Upside Down,” Brazil’s biggest box office property after “Elite Squad,” to Mexico City’s Spectrum Films.

Produced by Morena Filmes’ Mariza Leao, and turning on a workaholic woman who creates a sex shop chain, the 2011 original grossed $16.0 million in Brazil.

Bowing Dec. 28, “Upside Down 2” is tracking at $24.7 million through Feb. 17, making it the third biggest Brazilian movie of all time. A U.S. version is now under negotiation, Rud said.

In other inter-regional pacts, Brazil’s Total Entertainment and Paris Productions, the production arm of top Brazilian distributor Paris Filmes, have closed with FilmSharks on redo rights to “2 + 2,” the highest-grossing Argentine movie of 2012. Co-produced by Buenos Aires’ Disney-backed Patagonik, “2+2,” the partner swap comedy was the highest-grossing Argentinean pic of 2012, grossed $5.6 million in Argentina.

Paris and former Disney exec Inma Payan have optioned Brazilian and Mexican rights to “A Boyfriend For My Wife,” whose Korean remake, “All About My Wife,” grossed $5 million at Korean wickets.

FilmSharks will also rep remake rights on “Garcia,” produced by Colombia’s Rhayuela Films (“El Paramo”), about a woman who fakes her kidnapping, then absconds with her lover.

U.S., Spanish and French offers for “2 + 2” are now on the table, Rud said.

A Hollywood studio has closed Brazilian, German and U.S. remake rights to Argentina’s “Buena Vida Delivery,” about a woman who seduces a man to provide living quarters in his house for her extensive family.

Said Rud: “More and more producers and studios that trust our instinct for “high concept” Latin American box office or sales hits know they can create a regional version remake. That may open the door for a later American version that can be exploited worldwide.”

More Biz

  • Alan Horn Bill Tanner

    Alan Horn to Keynote Variety Business Managers Elite Breakfast, Bill Tanner to Be Honored

    Bill Tanner will be recognized with Variety’s 2019 Business Managers Elite Award at the annual Business Managers Elite Breakfast presented by City National Bank, which takes place in Beverly Hills on Nov. 13. Co-chairman and chief creative officer of The Walt Disney Studios Alan Horn will be the keynote speaker in conversation with Variety editor-in-chief, [...]

  • Smoke haze covers the Sydney Harbour

    Australia's Seven West to Merge With Affiliate Prime Media

    Australia’s Seven West Media has agreed a deal to acquire regional broadcast group Prime Media. The move is a further step in the consolidation of Australia’s traditional media industry. The two companies announced on Friday that Seven will make the acquisition entirely through the issue of new shares to the owners of Prime. Both companies [...]

  • Ron Meyer

    Ron Meyer Files $10 Million Suit Over Forged Rothko

    NBCUniversal Vice Chairman Ron Meyer has filed a $10 million suit against two art dealers, claiming they sold him a forged Mark Rothko painting in 2001. Meyer accuses Susan Seidel and Jaime Frankfort of duping him into buying the work. According to the suit, he was told that it would be included in an official [...]

  • Former movie producer Harvey Weinstein (L)

    Harvey Weinstein Seeks to Call Expert on 'Recovered' Memories at Rape Trial

    Harvey Weinstein’s attorneys are seeking to call an expert on “recovered memories” at his trial on rape and sexual assault charges. The defense has filed a motion asking to call Deborah Davis, a psychologist and professor at the University of Nevada at Reno. Davis is a frequent defense witness. She co-authored an article in 2006 [...]

  • Tekashi 6ix9ine Docuseries Coming From Showtime

    Tekashi 6ix9ine Docuseries Coming From Showtime and Rolling Stone

    Showtime Documentary Films today announced a new limited docuseries profiling controversial rapper Tekashi 6ix9ine. Titled “SuperVillain” and inspired by the Rolling Stone feature written by Stephen Witt, the three-part series will trace how a New York City deli clerk named Daniel Hernandez became superstar rapper Tekashi 6ix9ine — who racked up 2.6 billion streams and [...]

  • Fader Label Logo

    Fader Label Signs Two New Acts, Boosts Staff

    The Fader Label, home to Clairo, Matt and Kim and others, announced two new signings today along with three new hires on its staff. Charlie Burg and Zachary Knowles have joined the label’s talent roster, while Carson Oberg has come aboard as general manager, Yasmine Panah as project manager and Josh Hymowitz as label coordinator. They [...]

More From Our Brands

Access exclusive content