Brazilianproducers need to build bridges with the financial community in order toattract more private production investment, delegates at the Rio InternationalFilm Festival (Sept 21 - Oct 5) were told.
A seminaron production included speakers Joseph Woolf, Citigroup entertainment financingdirector, Doug Hansen,
WalkiriaBarbosa, a producer and the executive director of the festival,told ScreenDaily.com that discussions were ongoing to setup a Latin American film fund with partners including Citygroup, Endgame andBarbosa's production company Total Filmes. The fund is likely to back six toten projects annually, she said, and was attracting interest from other privateinvestors.
"Atthe moment the industry in
Localproducers are becoming savvier about international markets and attractingco-producers. For example, Suely In The Sky, which premiered at
Delegatesat
Meanwhile,in a deal made at the festival, Heitor Dhalia's Sao Paolo-set Drained, which screened in thecompetitive Premiere Brazil section, has been sold to Mexican distributorGussi.
MartinScorsese's TheDeparted has also been added to the programme, screening in the Panoramasection.
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