Studiocanal, UMG, Terra Mater Pact For Pics; IMAX Adds Euro Screens – Cannes Briefs

As part of a global initiative spearheaded by Vivdendi and Red Bull, Vivendi’s Studiocanal and Universal Music Group have entered a co-development partnership with Red Bull’s Terra Mater Film Studios. The plan is to create distinctive and authored commercial feature films with a strong European narrative designed for the global marketplace. Studiocanal will handle international distribution of projects developed under the pact. Universal Music Group will handle all music partnerships. The alliance looks to capitalize on the combined creative strengths, knowledge and reach of European major Studiocanal, music giant UMG and Terra Mater which recently produced Oscar shortlisted documentary The Ivory Game.