Thursday, October 13, 2011
Compact disk, Stopline board 'Red Brazil'
RIO P JANEIRO -- Canada's Compact disk Films and Portugal's Stopline Filmes have boarded two-part miniseries "Rouge Bresil" (Red-colored-colored South usa), a groundbreaking high-finish Brazilian worldwide co-production. Presently shooting in Rio, "Red-colored-colored" triggers the creation in 1555 in the French colony in Rio p Janeiro, which is later destruction, roiled by religious wars. Swede Stellan Skarsgard ("Pirates in the Caribbean," "Thor") is playing the principled French Admiral Villegaignon, french colony's founder, and Portugal's Joaquin p Almeida ("Fast Five") plays "Red's" villain, Joao da Silva. France Televisions Distribution has already established worldwide sales rights. Marking its final financing mix, "Red-colored-colored" may also be produced by Nicolas Traube's Pampa Films in France and Brazil's Conspiracao Filmes, among Brazil's finest film-TV companies, in colaboration with Gallic pubcaster funnel France Televisions, Globo Filmes and Rio Town Hall equity investment and p&a fund RioFilme.
Allotted at Reais 20 million ($11.3 million), "Red-colored-colored" marks the initial high-bracket historic TV fiction investment for Conspiracao, COO Ricardo Rangel mentioned inside a presentation of "Red-colored-colored" first footage Wednesday within the Rio Film Festival. It is also the initial TV investment by RioFilme, made utilizing a minimum guarantee against worldwide rights, added RioFilme prexy Sergio Sa Leitao. As Brazil's film and TV industry sees exponential market growth -- theatrical B.O. rocketed 156% from 2005 to 2010's $756 million Brazil's TV market elevated 22% this season versus. 2009 to $12.2 billion -- "Red-colored-colored" wasn't really the only first revealed Wednesday within the Rio Fest. Another was RioFilme's first slate financing deal with a producer, Augusto Case's Rio-based pic production house Situation, Sa Leitao told Variety. RioFilme has already established equity possibilities in three movies: 2011 hit release, Jose Alvarenga Junior.'s "Cilada.com," which made $15.9 million, and a pair of approaching 2013 releases, Felipe Joffily's "E ai, comeu," based on Marcelo Paiva's play, and Mauro Mendonca Filho's "No Retrovisor." The slate financing deal comes off a close comedy boom in South usa. RioFilme invested initially in Joffily's laffer "Muita calma nessa hora," produced by Situation, which made $6.5 million this season. In another first, since the Brazilian film industry rapidly catches up or surges ahead when compared with elevated established film industries in other nations, RioFilme introduced its first analysis that belongs to them investment stats. Over 2009-11, it's ploughed Reais60 million ($33.8 million) into 170 projects, spread over festivals, features and shorts. Incorporated within this are 42 features. Total Brazilian B.O. this season round the five films through which RioFilme has invested is 5.5 million admissions, mentioned Sa Leitao. Rate of return on investment for 2011 has run at about 90%, he added. Hardly remarkably, RioFilme wants more: RioFilme and Brazil's condition-backed BNDES bank have recently elevated Reais18 million ($10.millions of) for just about any new fund that will invest from 2012 in companies, Sa Leitao added. Contact Variety Staff at news@variety.com
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