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Peter Bart: Globalgate Creating Express Lane For Local-Language Film Biz

Given the studios’ obsession with sequels and remakes, some producers have come up with an idea to improve the flow: Instead of waiting a few years to create a sequel, why not quickly make five or six at the same time? And make them in different languages aimed at different markets?
A new financing and distribution entity called Globalgate is aggressively pursuing this mission and has raised a lot of money for the cause. The company’s formation underscores another…

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