Summer Rain,Antonio Banderas' second directorial effort now inpost-production, has pre-sold to two territories in the latest of dealsannounced out of the three-day Spanish Film Screenings of Madrid (June 18-20).

Based on a two-minute promo,Strada picked up the Spanish-language coming-of-agetale Summer Rain (El Camino De Los Ingleses), for Greece and Cyprus, while Cathay took rightsfor Singapore. The film is likely to premiere at one of the autumnfestivals.

Summer Rainco-producer and sales agent Sogecine-Sogepaq alsoclosed a deal in Madrid with Venevision for US TV rightson a package of 25 catalogue titles from the last decade of Spanish cinema.

Venevision was one of the most active buyers in Madrid. The outfit also closed a six-film deal with Latido and a 10-title package of Spanish and Latin Americanfilms for cable TV in the US from Bulbeck & Mas. Also from Bulbeck & Mas, Venevision closed DVD rights in the US on The Night Of TheBrother (La Noche Del Hermano).

The inaugural Madrid event in general received praise from participants."I thought the organisation was great: I managed to see seven films, somethingI've never done because I don't usually have enough time," said Chilik Mikaeli of Israel's M&M Films.

Some people questionedwhether the Spanish industry can sustain two international markets: Madrid, which replaced screenings in Lanzarote, came less than three months after thesimilar Market Screenings in Malaga, which ran March 23-25 this year.

"I've been to all of theseevents and I've always managed to see a premiere worth travelling for," saidTom Quinn of US-based Magnolia Pictures. "That's what they have to have inorder to make them worth the trip."

Bulbeck & Mas partner Gillian Bulbeck added: "We should be looking beyond the short-termquestion of how much money was made [at this event] and consider the medium-and long-term perspective of companies coming in order to track directors andget to know talents."

Other deals for Sogepaq included to France's Colifilmson Argentinean romantic comedy Elsa &Fred; a 12-title package to Multivision forBulgaria, Serbia & Macedonia; and sales in Eastern Europe on Malaga title DarkBlueAlmostBlack (AzulOscuroCasiNegro),7 Virgins (7 Virgenes),Real Madrid and Princesses (Princesas).

Among the dozens of deals Latido closed was a sale on Ventura Pons'Food For Love to TLA for Canada,where it will be released through Mongrel Media; a pre-sale to Russia's Deliven on Joaquin Oristrell's Nobody's Perfect (NadieEs Perfecto); pay TV rights in the US to HBO on Incautos; and a slew of deals on The GronholmMethod (El Metodo), including to Palm Pictures inthe US, CTV in France, Victory in Benelux, Quality Films inMexico, Artfilms in Brazil and Orlandoin Israel.

Marina Fuentes closed saleson Mexican drama Rosario Tijeras to ahandful of territories including Israel (M&M Films) and most of Latin America: Argentina/Paraguay/Uruguay/Chile (CDI), Venezuela (Films sans Frontiers) and Central America (Hablo).