Spain’s Vertice 360 Expands Theatrical Distribution Operations to 35 Countries (EXCLUSIVE)
variety.comEmiliano De Pablos Vértice 360, one of Spain’s top indie production-distribution companies, is expanding operations to Latin America, Italy and Portugal, as fruit of its ambitious plan to become a reference on the international film distribution scene.Part of the Squirrel Media group, the Madrid-based distributor is backing a first stage of its international expansion with the investment of more than $100 million in film content for distribution in the 35 territories where it already operates.
At the current Cannes Film Market, Vértice is looking for movie deals to expand its international line up.The distributor mainly looks for blockbusters going out to independent industry and prestige projects which are liable to win international awards, but also local productions in both Spanish and English.
Vértice has already established business relationships with top independent content providers such as Millennium Media, FilmNation, A24, Studiocanal and Pathé. “We have with them a title-by-title relationship, with a maximum degree of collaboration.
We guarantee the theatrical release of all the films we acquire,” said José Luis Povedano, managing director at Vértice 360.Among Vértice 360’s recent acquisitions figure Millenium Media’s “Expendables 4” and “Night Has Fallen” and “Mother’s Instinct” – the U.S.
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