BREAKING: A press conference is skedded for tomorrow morning, with Lionsgate co-chairman/CEO Jon Feltheimer and Grupo Televisa chairman/CEO Emilio Azcarraga. Lionsgate will team with Spanish-language media company Televisa to launch Pantelion Films, a joint venture that will target the fast-growing market of Hispanic moviegoers and release 8 to 10 movies per year. The first picture, From Prada To Nada, will be released in January. The expectation is Pantelion will produce half of its slate and acquire the other half. Jim McNamara, head of Panamax Films and a former Telemundo president/CEO, will be Pantelion chairman, while Lionsgate international exec Paul Presburger will be Pantelion CEO.
EXCLUSIVE: Wilmer Valderrama has inked a talent holding/development deal with 20th Century Fox TV. Under the pact, That ‘70s Show alum Valderrama will star and executive produce a series project for the studio. The deal solidifies Valderrama’s ties with 20th TV. Two years ago, he starred in the 20th TV hourlong comedy pilot for Fox The Emancipation of Ernesto, written by Emily Kapnek. Last year, Valderrama reteamed with Kapnek and 20th TV for a comedy project inspired by the work of “Dog Whisperer” Cesar Millan, with Valderrama attached to play the central character based on Millan as well as produce. That project also was set at Fox. Working with Valderrama on the two comedies led to the new deal, said 20th TV chairman Dana Walden. “He’s impressed us tremendously as an actor and producer,” she said. “He’s got talent, great instincts about ideas and material, and terrific comedic chops.”
In addition to the pact at 20th TV, Valderrama also has an exclusive multi-year overall deal at RelativityREAL. He is exclusive to Relativity for developing projects as a producer and to 20th TV for starring in a show, which he would also develop and executive produce. The actor, who voices the title character on Disney Channel’s Handy Manny, recently wrapped Tom Hanks’ Larry Crowne and will next be seen in The Dry Land and From Prada To Nada. He is repped by UTA and attorney Michael Gendler.