×

Lionsgate Launching GlobalGate Local-Language Film Consortium

Taking advantage of the popularity of local-language movies, Lionsgate is teaming with eight international companies to launch the GlobalGate Entertainment consortium.

GlobalGate will produce and distribute local-language films in markets around the world. Lionsgate said Monday it has partnered with international entertainment executives Paul Presburger, William Pfeiffer and Clifford Werber to launch GlobalGate.

GlobalGate’s consortium partners include Belga (Benelux), Gaumont (France), Kadokawa (Japan), Lotte (Korea), Nordisk Film (Scandinavia), Televisa/Videocine (Mexico), TME (Turkey) and Tobis (Germany). It expects partners in China, India and other key markets to join soon.

Lionsgate, best known as home of young adult franchises “Twilight” and “The Hunger Games,” made the announcement a week before the opening of the Cannes Film Festival.

The consortium will identify third-party properties in the U.S. and internationally for development and production as local-language films, which will be distributed by the consortium’s partners and co-financed by the affiliated GlobalGate Fund.

“GlobalGate is the first to apply such a distributor-aligned, equity financing structure to local-language film production on a global scale,” the new entity asserted.

“I’ve known the GlobalGate team for 25 years, and their experience, relationships and entrepreneurial skills will help establish the venture as a unique player in local-language film production,” said Lionsgate CEO Jon Feltheimer. “By aligning ourselves with some of the top content companies in the world, GlobalGate provides us with an opportunity to grow our presence in local-language films, leverage the content in our library and further mine exciting new IP and talent around the world.”

Presburger will continue as CEO of Lionsgate’s Pantelion Films and will focus his energies within GlobalGate on intellectual property to be produced for Latin America and the Latino market in the U.S., as well as on utilizing Pantelion’s intellectual property within the GlobalGate network. Pfeiffer will continue as a senior advisor to Lionsgate will also complement his GlobalGate responsibilities.

The three executives have already been involved with local-language films including: the Mexican remake of the German hit comedy “Fack Ju Goehte”; remakes in China, France and other territories of Mexico’s comedy “Instructions Not Included,” the highest-grossing Spanish-language film ever released in Mexico and the U.S.; remakes of Brazil’s comedy “Se Eu Fosse Voce” in several territories; and Germany’s family franchise “Fuenf Freunde,” based on Enid Blyton’s iconic book series.

Lionsgate noted that the market share of local-language films is expanding in territories around the world, currently topping 90% in India, nearly 60% of China and Turkey, more than 55% in Japan and 50% in Korea. Local language films also comprise more than 40% of the box office in France, 30% in Denmark and a 27% market share in Germany.

“Local language films are competing successfully with Hollywood studio releases in market after market, representing a large and growing share of the box office in key territories around the world,” said Pfeiffer, Werber and Presburger.

Gaumont’s CEO Sidonie Dumas said, “As Gaumont expands its footprint within and outside of France with production of both French and English language films alongside Gaumont’s worldwide television production, our alignment with GlobalGate and its impressive array of partners promises to complement our strategies.”

Popular on Variety

More Film

  • San-Sebastian

    San Sebastian, Zurich to Take Up SXSW, Tribeca Titles at Newly Created Film Markets

    The San Sebastian and Zurich film festivals have teamed to launch new film markets that will cater to the gaps created by the cancellation of SXSW and the postponement of Tribeca due to the coronavirus pandemic. The programming of both fall festivals will feature titles originally scheduled for spring fests SXSW and Tribeca. The markets [...]

  • Coronavirus Placeholder COVID19 Variety

    Japan's Toei Closes Tokyo Studio After Coronavirus Infection

    Toei closed its Tokyo studio Tuesday after actor Reo Komiya was diagnosed with the coronavirus. The star of the “Mashin Sentai Kiramager,” a sci-fi/action show broadcast on the TV Asahi network, seventeen-year-old Komiya tested positive for the virus while shooting new episodes at the studio. His condition is not known at the present time. A [...]

  • Aqute Media Takes North America on

    Aqute Media Takes North America on Helen Reddy Biopic 'I Am Woman'

    London-based sales agent WestEnd Films has closed a North American deal with Jeff Sackman and Berry Meyerowitz’s company Aqute Media for “I Am Woman,” the biopic about Australian singer Helen Reddy. The film had its world premiere at the Toronto Film Festival as the opening film of the Special Presentations section. The film also recently [...]

  • Sundance Film Festival Placeholder

    Sheffield Doc/Fest Rejigs With Fall Programming, Virtual Forums in Lieu of Festival

    The Sheffield Doc/Fest pitching forums, MeetMarket and Alternate Realities Talent Market are to take place virtually in June, due to the coronavirus pandemic. The rest of the June festival is being replaced by a series of programs that will take place on weekends through the fall. The planned programming will include film screenings, talks, panels, [...]

  • Southland Tales

    Streamer Mubi Partners With Prada Foundation on 'Perfect Failures' Film Series

    Specialist streaming service Mubi has teamed up with fashion label Prada’s Fondazione Prada foundation on “Perfect Failures,” a curated selection of movies deemed to have been “widely misunderstood” upon their release. The joint project will launch on both the Mubi platform and the Fondazione Prada’s website on April 5 with U.S. director Richard Kelly’s 2006 flop [...]

  • Dr. Michael Morbius (Jared Leto) in

    'Morbius,' 'Ghostbusters' Sequel and More Sony Movies Pushed Back to 2021

    Sony Pictures has pushed back many of its major tentpoles — including “Morbius,” “Ghostbusters: Afterlife,” “Uncharted” and “Peter Rabbit 2” — to next year, the studio announced on Monday. Jason Reitman’s “Ghostbusters: Afterlife” has moved from July 10, 2020, to March 5, 2021; Jared Leto’s “Morbius” has been pushed back from July 31, 2020, to [...]

  • Anne Hathaway to Star in 'French

    Film News Roundup: Anne Hathaway Stars in 'French Children Don't Throw Food'

    In today’s film news roundup, Anne Hathaway will portray an American journalist in Paris, blockbuster director Michael Bay signs with Sony Pictures, and “Extra Ordinary” and “The Etruscan Smile” are added to arthouse streaming services. CASTING Anne Hathaway is starring in the movie “French Children Don’t Throw Food,” based on Pamela Druckerman’s autobiographical book, “Bringing [...]

More From Our Brands

Access exclusive content