Intandem Films, the London based international film group, is pleased to announce that it has signed an agreement to collaborate
with a Los Angeles based distribution and acquisition company, IFA Distribution ("IFA") to distribute films which are financed by IFA, throughout the world, excluding North America.IFA is a joint venture between FUNimation® Entertainment and American United Entertainment, LLC. ("AUE"). IFA Distribution, will distribute films for the North American region, with a leading Home Entertainment & Digital Media distribution platform.
It is expected that the deal will supply Intandem with approximately 20 films per year, increasing revenues and helping Intandem to build its film catalogue in anticipation of the expected growth in `video on demand' ("VOD") and other forms of digital distribution. Currently, Intandem's catalogue consists of approximately 40 films.
One of the films being produced under this collaboration is 3D supernatural thriller Glimmer, set to star Amy Smart (Crank, The Butterfly Effect) and Shawn Roberts (Resident Evil: Afterlife, X-Men). The $5million budget film is due to be released in the fourth quarter of 2012.
Furthermore, four films have already been completed including Stag, A True Story, Path of Souls and Construction. Other films in development and filming include Finding Iris, Misfitswith Guy Pearce and William Fichtner `s Cold Brook. The films under this collaboration will mainly be lower budget, focusing on thriller, comedy and faith based genres.
Faith based films are a growing genre in the film industry and recently films such as Fireproof, Facing the Giants andCourageous have been produced for under $3m and have gone on to gross a total in excess of $100m at the US box office alone. Finding Faith, starring Tom Cavanagh is due to commence filming in December and will be the first faith based film to be produced under the collaboration between Intandem and IFA.
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