Madrid Film Screenings event unveiled

Will screen 50 Spanish films to buyers from 31 countries

MADRID -- Flanked by top brass from Spain's Culture Ministry and Foreign Trade Institute, Pedro Perez, president of Spanish producers federation FAPAE, presented the lineup for this year's Madrid de Cine Spanish Film Screenings on Thursday.

Set to run June 7-9, the fourth annual event will showcase more than 50 recent Spanish productions to 132 buyers from 31 countries, including 11 confirmed acquisition executives from the U.S.

"There is a strong recognition of Spanish cinema's quality in the international marketplace," the FTI's Angel Martin Acebes said.

Perez, who was joined by Enrique Cerezo, president of producers' rights management body EGEDA, announced that this year's screenings will offer a prize to "the film with the greatest international impact," to be decided by FAPAE's member associations.

Operating on a €560,000 ($779,000) budget -- slightly down from last year's €600,000 -- the screenings aim to provide a platform for international sales.

"Without an international market, as well as a domestic one, there is no way to amortize a film's investment," said Ignasi Guardans, newly appointed head of the Spanish Culture Ministry's Film Institute.

Some of the buyers confirmed to attend include: U.S.-based Venevision International, Magnolia Pictures, Lionsgate, TLA Entertainment, Strand Releasing, Outside Pictures, LAPTV, Sundance Channel and Regent; France's Indie Circle, MK2, Ocean Films, Rezofilms and TF1; Germany's Kinowelt International, Kool Film distribution, Senator, Arsenal and Universum Film; Japan's Nettai Museum, Only Hearts, Tokyo International Film Festival and Cetera; and the U.K.'s Skyline-IFE, Soda Pictures, Dogwoof and Spafax.