Former TV executive Jim McNamara is betting that the country’s growing Hispanic population will go to theaters to see Hollywood-style films made in Spanish. Panamax films are slick, sexy and commercial all the way.

HispanicTips has 41,134 stories & 80,000+ visitors a month..
Posted on: January 31st, 2008
Filed Under: [ Entertainment ] [ Hispanic News ] [ Blogante Business ]
Tags: , , , , , , , , ,

“Panamax and its business strategy arose from a simple realization. McNamara, a bilingual TV executive, saw a glut of Spanish-language television stations, radio stations, record companies, magazines and newspapers. It struck him as odd, however, that not a single one of the 10 to 15 movies released every week is in Spanish.

“Warren Buffett would like what we’re doing,” he says. “I know he doesn’t like the entertainment business, but he would like the idea of a vastly underserved market, not a lot of competitors out there and trying to build a product for this market. And this product costs in some cases 1/100th of what it costs to make for the mainstream American audience. Also, in theory, the potential of another 350 million people south of the Rio Grande who could be consumers. They don’t even know what it is to have movies made for them.”
“*

*From: http://www.floridatrend.com
Traducido: usando Google o Altavista/Babel Fish

Stumble it! | | AddThis Feed Button

Other posts that may interest you

Hollywood Tries (Again) To Embrace Spanish-Speakers

Lionsgate and Panamax Films to Release LA MUJER DE MI HERMANO as First Movie in Venture's Spanish-Language Feature Film Initiative

New films target U.S. Hispanic audience

Spicing up the silver screen. Former Telemundo President Jim McNamara sets his sights on making movies for the growing U.S. Hispanic audience.

¡Viva Tu Cine! To Launch Largest Year-Round Latino Film Program in the United States

Return of the Mexican Cinema

Sony Pictures Classics presents VIVA PEDRO, the theatrical re-release of eight of celebrated auteur Pedro Almodóvar’s greatest films.

Blogante News for Thursday - January 31st, 2008

U.S. films flood Havana festival

RICHARD AZURDIA CO-STARS IN THE LIONSGATE HEIST FILM "LADRON QUE ROBA A LADRON"





Check us out!

Feedback Form