Latido Films Proves There’s Still Life in the Arthouse Market (EXCLUSIVE)

Variety | 9/20/2018 | John Hopewell
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SAN SEBASTIAN — Everybody agrees: World markets for arthouse films have contracted, first in prices paid, now in number of territories sold.

But that doesn’t mean there’s no arthouse market at all. A case in point: Latido Films. Headed by Antonio Saura, the Madrid-based sales house heads into this year’s San Sebastian Festival reporting 23 higher profile deals across seven titles struck from Cannes through Venice, Toronto and multiple festivals in between.

Titles - Javier - Fesser - Champions - Movies

Only one of these titles, Javier Fesser’s “Champions,” can be said to be anywhere near selling out. But, with foreign-language movies so dependent these days on scoring berths at big fests, and sales cycles lengthening given ever-more cautious buyers, none of the films are anywhere near the end of their sales cycle. Among deals:

*Caca Diegues’s Cannes Special Screening “The Great Mystical Circus,” a five-generation circus saga, has closed three major markets: the U.S. (Kino Lorber), Russia (Cinema Prestige) and China (Huashi);

* - Champions - Blockbuster - Success - Spain

*”Champions,” a blockbuster success in Spain, grossing $21.9 million through early September, continues to secure major territories abroad, with sales to Latin America (Focus/Universal) Taiwan (Bee Factory), Korea (Big Films), Puerto Rico (Alucine), and Israel (Shoval Films), adding to previously reported banner deals with prestige partners such as Jean Labadie’s Le Pacte for France. Latido is very near to closing Japan, which will complete sales to Asia, Saura said.

“My Masterpiece,” the first solo outing for Argentina’s Gaston Duprat, has clinched France (Eurozoom), Switzerland (Xenix), Italy (Movies Inspired), Russia (Provzglyad), China (Blue Share) and Taiwan (Swallow Wings).

Taboo - Love - Affair - Girls - Cannes

*Depicting a taboo love affair between two gypsy girls, Cannes Directors’ Fortnight player “Carmen & Lola” sold to Scandinavia (Scanbox), France (Eurozoom) and Benelux (Cherry Pickers).

*Soon to world premiere at the Los Angeles Gkids-Annecy Animation is Film festival, the awaited “Buñuel in the Labyrinth of Turtles” has pre-sold to Russia (Russian Report), France (Eurozoom) and...
(Excerpt) Read more at: Variety
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