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Fox expands international arm


May 12, 2008 Fox Filmed Entertainment has expanded its international film arm by forming Fox International Prods., which will produce, co-finance, distribute and acquire local-language films in the key territories of Japan, Germany, India and Russia. Heading the new branch will be veteran studio executive Sanford Panitch, who is moving over from his seven-year stint as president of filmed entertainment at New Regency, which has a partnership deal with Fox. Based in Los Angeles, FIP's initiative includes complementing Fox's worldwide releases by partnering with local producers and filmmakers in producing local-language films.

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