LARED picks up LatAm rights for ‘Paradise: Love’
New regional distrib network announces first European acquisition at Valdivia Film Fest.
VALDIVIA – The recently formed Latin American network of independent distributors LARED announced yesterday they have acquired LatAm rights for Ulrich Seidl’s sexual tourism reflection Paradise: Love, which competed in Cannes this year.
This is LARED's first European pickup, and will be distributed in Argentina, Chile, Mexico, Costa Rica and Uruguay through each member of the network: LATE (Uruguay and Argentina), Malaparte Distribucion (Chile) ND Mantarraya, and Interior13 (both from Mexico).
LARED was created last year as the response of smaller distributors to a lack of circulation of indepdent films in a concentrated exhibition market in LatAm, which is clogged by Hollywood productions and leaves very little room for both local and foreign art-house releases. The network also aims to strengthen distrib of LatAm productions within the region, one of the weaker ends of a growing industry where even local box-office hits are barely released in neighbor countries.