Magazine article Screen International

Sidney Kimmel Entertainment, Ivanhoe Pictures Launch SKE Global

Magazine article Screen International

Sidney Kimmel Entertainment, Ivanhoe Pictures Launch SKE Global

Article excerpt

The development comes in an auspicious week for champions of local-language content after it emerged on Monday that Sanford Panitch is leaving Fox International Productions to head Sony's international film and TV business and Toho is setting up a dedicated remake team.

SKE Global will co-finance and co-produce the roster. SKE will also have the right to participate in the 10-title 'India genre slate' set up between Blumhouse Productions and Ivanhoe, the company launched by Penotti and financier Robert Friedland.

Penotti continues as vice-chairman of the Ivanhoe board and will maintain oversight of the Blumhouse genre deal as well as Ivanhoe's $130m local-language co-financing partnership with Fox International Productions.

SKE Global will also seek to mine the SKE and Ivanhoe Pictures' libraries, a 70-strong war chest of English-language features identified for potential local-language remake.

SKE's president of production Carla Hacken will work with Penotti on SKE's ongoing plans that include undisclosed expansion initiatives. She will continue to be directly responsible for SKE's growing English-language film and television projects.

Penotti and Hacken both report directly to Kimmel.

Penotti headed GreeneStreet Films - where Kimmel was an initial investor - and his executive producer credits include In the Bedroom and A Prairie Home Companion. …

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