By Beth Hanna | Thompson on Hollywood November 28, 2012 at 2:42PM
Hollywood's IM Global and Mexico and LA's Canana (Gael Garcia Bernal, Diego Luna and Pablo Cruz's banner) have joined forces to launch new company Mundial, which will focus on the financing and worldwide sales of Latin American movies.
Mundial will function as a powerful new player linking the US and Latin American film industries, and will rep 8-10 titles per year. The first three titles in Mundial's pipeline come from Canana: Mariana Chenillo's "Paradise," Michael Rowe's "Manto acuifero" and Luna's second English-language directorial outing, "Mr. Pig" (currently slated for a late 2013 production).
While most sales companies shopping Latin American titles are either boutique or Europe-based, Mundial will strive to be different by combining the local credibility of Canana with the industry wherewithall of IM Global.