Producer brothers Harvey and Bob Weinstein while they were in Cannes have been negotiating a series of deals to make their new company a serious player in the international market.
When they were building Miramax, the Weinstein brothers earned a reputation as brash mavericks. After their split with Disney, they've positioned their new venture - the Weinstein Company - on several fronts.
Together with Eduardo Costantini Jr., they announced the formation of a Latin American film fund to finance the production and acquisition of Latin American Films.
"Bob and I have always prided ourselves on working with international filmmakers and talent on films about other cultures, and this fund will give us the resources we need to showcase Latin America to audiences around the world through the magic of movies," Harvey Weinstein said in a news release.
Earlier, the Weinsteins announced the formation of a new label - Dragon Dynasty - to market Asian films, including The Protector, Seven Swords and Dragon Squad. The new label has also secured a marketing deal with Fortune Star Entertainment, owners of the largest library of contemporary Chinese films.
Quentin Tarantino, whose passion for Asian film was apparent in the Kill Bill saga, has signed on with Dragon Dynasty to work on brand development.