×
You will be redirected back to your article in seconds

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.”

More Film

  • Valerian

    EuropaCorp in Advanced Talks to Sell Off Its Post-Production Facility (EXCLUSIVE)

    Luc Besson’s EuropaCorp is in advanced discussions to sell its vast post-production facility, Digital Factory, to Chinese research and engineering studio Southbay, Variety has learned. Southbay specializes in 3D conversion, VFX and post-production for film and TV, and has offices in Los Angeles and in Hangzhou and Shaoxing in China. EuropaCorp is one of Southbay’s clients, along [...]

  • 'Self-Portrait With Boy' in Development at

    'Self-Portrait With Boy' in Development at Topic Studios

    Topic Studios (“Leave No Trace”) has bought rights to Rachel Lyon’s debut novel “Self-Portrait With Boy” and plans to develop the project as a feature film. Lyon will adapt her own novel. John Lyons (“Boogie Nights”), who recently signed a first-look deal with Topic Studios, has come on board to produce. The story is set [...]

  • Ventana Sur Animation Panel Focuses On

    Ricardo Cortes Vera Talks Audience-Driven Content at Ventana Sur

    BUENOS AIRES, Argentina — Ricardo Cortes Vera, commissioning editor for Señal Colombia, introduced the audience-driven children’s content his company is renowned for in hopes of encouraging a crowd of animators into submitting their own work to the channel. He did so in a keynote address given Tuesday afternoon in Buenos Aires, at the Animation! strand [...]

  • Films by Francois Ozon, Fatih Akin

    Berlin Film Festival: New Films by Francois Ozon, Fatih Akin, Denis Cote in Competition

    New films by Francois Ozon, Fatih Akin and Denis Cote are among the titles that will compete for the Golden Bear at the upcoming Berlin Film Festival. German director Akin’s “Der Goldene Handschuh” (“The Golden Glove”) and French helmer Ozon’s “Grâce à dieu” (“By the Grace of God”) were announced by the Berlinale in its [...]

  • Picture Tree Sells Berlin Competition Film

    Picture Tree Sells Berlin Competition Title 'The Ground Beneath My Feet'

    Picture Tree Intl. is on board as the sales agent for “The Ground Beneath My Feet” (Der Boden Unter Den Füssen), which the Berlin Film Festival revealed Thursday will be in its main competition section. The Austrian drama, directed by Marie Kreutzer, stars Valerie Pachner, Mavie Hörbiger and Pia Hierzegger. The film centers on high-powered [...]

  • Katherine Jerkovic on FiGa Films-Sold Debut

    Ventana Sur: Katherine Jerkovic On Personal References, Icebergs, and Whispered Truths

    Canada-born with roots in Uruguay, Croatia and Argentina, Katherine Jerkovic split her childhood between Belgium and Uruguay. At 18, she settled in Montreal and studied film at Concordia University. After a few shorts (“The Winter’s Keeper”) and some video-installations, she has finished her first feature, “Roads in February.” The film is a co-production between Nicolas [...]

  • 1844 Ent, Distrib Films To Release

    1844 Ent. Acquires North America on Alejandro Fadel’s ‘Murder Me, Monster’ (EXCLUSIVE)

    BUENOS AIRES — 1844 Entertainment, an emerging player on the U.S. distribution scene, has acquired North American rights to Argentine writer-director Alejandro Fadel’s “Muere monstruo muere” (“Murder Me, Monster”), sold by The Match Factory.      The deal was negotiated by 1844 Entertainment’s Tommaso Cerqueglini, The Match Factory’s Michael Weber and Thania Dimitrakopoulou.   As [...]

More From Our Brands

Access exclusive content