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Lionsgate Affiliate Adds Cine Colombia as Film Production and Distribution Partner

by Jared Wade
February 6, 2017
Comment: Off

Santa Monica, California-based entertainment conglomerate Lionsgate has added Cine Colombia to its worldwide network of production and distribution partners through its Globalgate Entertainment offshoot.

The Bogotá-based Cine Colombia, which dates back to 1927 and now has nearly half the national market share with more than 40 cinemas across 12 Colombian cities, will be both a distributor and exhibitor of films of Globalgate, which has specialized in local-language flimmaking in several international locations since being formed in 2016.

“Cine Colombia will further leverage our industry-leading position as both a distributor and exhibitor in Colombia, by joining Globalgate’s assembly of best-in-class production and distribution companies,” said Munir Falah, president and CEO of Cine Colombia.

Colombia’s Dynamo Productura will also join the network. The company has had a role in producing Netflix’s global hit series Narcos, Sundance award-winning Undertow, and many other well-received works. “Dynamo’s partnership with Globalgate complements our global strategies,” said Dynamo CEO Andres Calderon.

Paris Filmes, Brazil’s leading local-language film distributor, is also coming aboard as Globalsgate beefs up its presence in South America. At least nine other companies are already apart of the consortium, including Televisa, Gaumont, Nordisk, Kadokawa, Lotte, Tobis, TME, and Belga.

“[We] look forward to producing many great Brazilian and Colombian films together as well as augmenting Globalgate’s formidable inventory of commercial intellectual property,” said Globalgate’s four cofounders in a statement.

Photo: The Lionsgate booth on the exhibit floor at the 2012 Comic-Con in San Diego. (Credit: Gage Skidmore)

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About the Author
Jared Wade is editor in chief of Finance Colombia. He is a Bogotá-based journalist with 15 years of experience covering topics including business, financial services, Latin America, and sports. Email him at jared.wade(at) financecolombia.com or follow him on Twitter at @Jared_Wade.
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