SquareOne Boss Al Munteanu On The Vuelta Deal: “The Idea Is To Have Distributors Who Morph Into Producers”
deadline.comEXCLUSIVE: SquareOne Entertainment CEO Al Munteanu tells us new European studio Vuelta Group is about “distributors who morph into producers — that’s our DNA, believing in film as a theatrical proposition, but also in TV production.” As Deadline revealed this morning, Munich-based SquareOne has become part of Vuelta Group, a union of European film companies also including France’s Playtime and Scandinavia’s Scanbox, with more companies set to join this year.
SquareOne, founded by Munteanu in 2002, is well known as a distributor of movies including The Imitation Game, Book Club and The Wife.
Recent Cannes market pre-buys include Breakout starring Arnold Schwarzenegger, Nic Cage’s sequel to Lords Of War, and Daisy Ridley starrer Cleaner.
Munteanu, the former MTV and RTL presenter, has been growing SquareOne’s TV (and podcasting) production footprint in recent years with the German adaptation of Your Honor, starring Sebastian Koch and Paula Beer, and Italian mafia series L’Ora. “We believe in the theatrical market and its ability to come back but we’re also keen to produce more high-end non English-language series,” he tells us. “International co-production collaboration is key.
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