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ISA of the Day- Mundial

News
by Sydney Levine
May 17, 2013 1:30 PM
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Six months ago Hollywood's Im Global and Mexico's Canana, teamed up to form Mexico-based sales-financing venture Mundial. Recently the company acquired international rights to “Chavez,” actor-turned-director Diego Luna’s portrait of Cesar E. Chavez, a legendary ‘60s U.S. civil rights leader.

Jeff Skoll’s Participant Media took U.S. distribution rights last June.

Since “Chavez” was lead-produced by Canana, the Mexico City-l.A. production company founded by Luna, Gael Garcia Bernal and Pablo Cruz, it was a perfect fit for Mundial to sell “Chavez” internationally.

This news comes right after Mundial acquired “Libertador,” a biopic of 19th-century independence fighter Simon Bolivar, reportedly budgeted at north of $50 million, the Chavez pickup gives Mundial two of the biggest movies, both in post-production, from Latin American directors this year.

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