Lionsgate's Local Film Remake Venture Adds Latin American Partners
Dynamo Productions, co-producer of Netflix's 'Narcos,' is joining Brazil’s Paris Filmes and Colombia’s Cine Colombia in the Globalgate venture.
Lionsgate's global consortium focused on remaking local-language movies has added new partners in Brazil and Colombia.
Globalgate Entertainment has brought on board Brazil's Paris Filmes and Colombia’s Cine Colombia to make it an 11-member international consortium of production and distribution players. Also joining Cine Colombia in the Globalgate partnership is Dynamo Productions, the Colombian producer of Netflix's Narcos, The Hidden Face and Sundance audience award winner Undertow.
"Paris Filmes, Cine Colombia and Dynamo Productions are world-class film distribution and production companies and a perfect fit for Globalgate’s consortium," Globalgate co-founders Paul Presburger, William Pfeiffer and Clifford Werber said Thursday in a statement, highlighting that they look forward to their consortium making Brazilian and Colombian films.
The Latin American additions follow Lionsgate teaming with its three Los Angeles-based co-founders and international partners, including Germany's Tobis and France's Gaumont, to remake local-language films around the world.
Globalgate, which is also led by Meg Thomson as vp worldwide content, with Lionsgate is identifying local-language films that worked in one market worldwide, including the U.S., and which may then travel elsewhere overseas as remade versions. The films will be distributed by the consortium's partners and co-financed by an affiliated Globalgate Fund.
The consortium already includes Globalgate’s partners like Belga (Benelux), Kadokawa (Japan), Lotte (Korea), Nordisk Film (Scandinavia), Televisa/Videocine (Mexico) and TME (Turkey). Globalgate is eyeing new partners in China and India yet to be named.
Paris Filmes is the top Brazilian distributor of local-language films, with an 81 percent market share, and has Brazilian hit films like Os Dez Mandamentos, Loucas pra Casar, Minha Mae e uma Peca and Meu Passado me Condena 1 & 2. Cine Colombia is the top distributor in Colombia, with a 46 percent market share as it distributes major studio, independent and local-language films.
Globalgate's recent local-language box-office successes include Pantelion Films’ Mexican title No Manches Frida, based on the German box-office hit Fack ju Gohte, and Pantelion’s Instructions Not Included, the highest-grossing Spanish-language film in the U.S. market.
Remakes of Instructions Not Included are being produced and distributed worldwide, including Demain tout commence, starring Omar Sy, in release in France and Germany, and Sen Benim HerSeyimsin in Turkey.