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Backup Films launches new funding scheme DISTRICUP

2008-09-01

 

Backup Films launches new funding scheme DISTRICUP and becomes a new acquisition partner for independant distributors. Backup strikes a first agreement on a 5 films slate with French distributor Le Pacte.

Founded Summer 2008 by Backup Films, DISTRICUP co-acquires distribution rights alongside independent distributors.

DISTRICUP is a new scheme that shares exploitation risk with distributors enabling them to keep full control of the career of their films, as well as the opportunity to own all of the co-acquired rights after first exploitation cycle.

Following on Le Pacte and Backup Films' two previous collaborations on upcoming François Ozon's Ricky and Christophe Honoré's La Belle Personne, Backup has just finalised DISTRICUP's first partnership agreement, co-acquiring a 5 films slate that will be released by Jean Labadie's new distribution outfit.

Backup is considering ventures with other independent distributors to be announced in the next months, while following on its fruitful collaboration with Le Pacte on a new slate, and broadening the scope of its intervention to P&A financing.

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