U.K. financier takes 13 film titles
Intandem takes pics from U.S.-based Seven ArtsMore AFM news
SANTA MONICA -- A clutch of 13 film titles -- some dating back a decade -- has been shifted to British-based sales and financier Intandem from U.S. sales label Seven Arts.
Both companies are well-traveled, experienced sales outfits, and Seven Arts has previously struck deals for the 13 pics, including Keanu Reeves starrer "Johnny Mnemonic," "I'll Sleep When I'm Dead" starring Clive Owen and Samuel L. Jackson and "No Good Deed" with Milla Jovovich.
But the fresh representation means Intandem will now be knocking on doors looking for additional fees.
Intandem's sales and marketing directors Billy Hurman and Andrew Brown will be negotiating the renewal of contracts with existing distributors and selling other available territories at AFM.
The switch of sales agents comes on the back of a decision by unspecified finance backers of the original slate of films who are looking for speedier, and bigger, returns on the original investment in those movies. (Budgets all told on those titles come to about $100 million.)
Seven Arts International CEO Peter Hoffman had no comment on the new arrangement with Intandem.
Hoffman and company continue to field a slate of 14 titles at AFM, including Joseph Kahn's "Necromancer," based on William Gibson's eponymous novel, the Milla Jovovich and Dan Stevens starrer "The Winter Queen" and Anthony Waller's "Nine Miles Down" with Adrian Paul and Kate Nauta.
Intandem chief executive Gary Smith said: "We are delighted to have been selected to represent this unique library. The slate of films is an exciting blend of star-driven genres including sci-fi action, comedies, thrillers and romance and features some of the film industry's top directors."
Intandem now handles 27 completed titles and is currently in production on three films and is finalizing the financing of a further six films.