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PRODUCTION Italy

Feltrinelli moves into theatres

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The historical Milan-based editing company Gruppo Feltrinelli is expanding its interests in the film world with the acquisition of 51% of Finaval, a real estate holding with land and residential and office buildings throughout Italy, valued at approximately €80m.

Feltrinelli thus seems to be setting its sights on multiplexes, even if the report from the board of directors at the partners’ meeting only mentioned moving in a direction that "includes involvement in new synergetic sectors such as cinema", buying rights through the controlled company Eskimosa for the production and distribution of features and documentaries.

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Currently, Eskimosa is developing the €800,000 documentary Dawaz: la fune sul mare (lit. “Dawaz: The Rope Over the Sea”) with RAI Cinema, which is being directed by Domenico Distilo.

The company will further cover 10% of the new €5m film by Mario Martone, Noi credevamo (lit. “We Believed”), produced by RAI Cinema with France and Switzerland.

In the meantime, Eskimosa is releasing – in selected theatres in Milan, Naples, Turin, Florence, Udine, Genoa, Pordenone, Modena, Bologna, Savona and Rome – the political documentary Checosamanca (also co-produced with RAI), a collective work made by young filmmakers Andrea D'Ambrosio, Enrico Cerasuolo, Andrea Segre, Francesco Cressati, Martina Parenti, Nicola Zucchi, Marco Berrini, Sergio Fergnachino and Chiara Bellosi.

(Translated from Italian)

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