BackUp launches new funding scheme with indie distributors

French film financing agency BackUp Films has created a new funding scheme intended to co-acquire distribution rights alongside independent distributors. The venture, entitled Districup, will share risk with distributors while the distributors will have the opportunity to own all of the co-acquired rights following the first exploitation cycle.In its first partnership agreement, Districup is teaming with Jean Labadie's Le Pacte to co-acquire a five-film slate with ...