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DISTRIBUTION Hungary / Germany

A Company buys Budapest Film

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Germany’s A Company has announced its forthcoming 51% acquisition of Hungarian distributor Budapest Film, to whom it already supplies films via its sales arm EEAP (Eastern European Acquisition Pool).

Budapest Film will continue to be headed by Ferenc Port and maintain its special relationship with EEAP, but will be free to buy titles directly from other international sellers.

However, A Company director Alexander van Dülmen spoke of a new strategy, which would see Budapest Film adopt a slightly more commercial approach, without damaging its well-established reputation as a distributor of auteur films. The aim is to increase Budapest Film’s market share within two to three years, from its current level of around 10% to 15-17% with 20-25 titles distributed per year (including four or five Hungarian films).

(The article continues below - Commercial information)

Budapest Film and A Company are also partners on the VOD Filmklik platform.

In recent years, Budapest Film has released works by Lars Von Trier, Stephen Frears, Kornél Mundruczó, François Ozon, Gela Babluani, Tony Gatlif, Emanuele Crialese, Daniel Sánchez Arévalo, Jasmila Zbanic and Anton Corbijn. Last Thursday, the company launched Pedro Almodovar’s Broken Embraces [+see also:
film review
trailer
interview: Pedro Almodóvar
film profile
]
in Hungarian theatres.

(The article continues below - Commercial information)

(Translated from French)

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