By Sydney Levine | Sydneys Buzz May 17, 2013 at 1:30PM
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.
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.