Ranvaud's Buena Onda headed to Miami
EmptyCANNES -- British producer Donald Ranvaud announced Saturday the creation of a Miami-based production wing for his London-based Buena Onda production and sales outfit, with a slate that totals $200 million in budgets over the next three years.
"This is a natural strengthening of what we have been able to achieve in London with Buena Onda," Ranvaud said. "The extent and range of the commitments required a rationalization in terms of operative location, which Miami provides brilliantly."
Buena Onda Americas, which teams Ranvaud with Silvio Sardi Communications and Max Pictures, aims to invest in productions in Latin America and Puerto Rico plus harvest fresh talent.
"Miami has always wanted to achieve a prime position in the film business and until now, all the efforts have been somewhat short of expectations," Ranvaud said. "But now it's ready."
In addition to nearly 20 Latin American titles from 10 first-time directors based from Guatemala to Brazil, Buena Onda Americas is developing a batch of films in English to be shot and produced in Florida, including "Speed Kills," written by Paul Castro based on the life and mysterious death of cigarette boat creator Don Aronow, and "Johnny Too," written and to be directed by Adam Coleman Howard.
Another initial slate highlight is documentary "Thunderman, the Don Aronow Story," with a voice-over by Andy Garcia.
The London-based Buena Onda is backed by key figures from the Latin American and international independent filmmaking worlds like Walter Salles, Guillermo del Toro and Mike Leigh.
Buena Onda set a policy of including directors in the projects' international presentations as part of an initiative to provide complete information to potential buyers at the outset. It will offer no asking price and accept the highest bid on a title-by-title basis.
"We've created a cost-efficient, totally friendly support network at every stage of the process by removing conflict on all levels," Ranvaud said.