Fresh details have emerged on Italian-Canadian producer Andrea Iervolino’s new Canadian distributor-producer.
Toronto-based AIC Movie Group, backed by private investors, aims to target a young audience, with a particular focus on sci-fi and action titles.
In total the venture plans to release 15 features a year budgeted in the $2-10m range.
Approximately eight of the annual slate will be produced by Andrea Iervolino Canada (AIC Movie Group) and Iervolino’s international production partnership with Monika Bacardi, AMBI Pictures.
Iervolino, whose producer credits include Sights Of Death, Hope Lost and Napoletans, has put together an acquisition fund and said he was in the process of picking up the first titles.
“I’m extremely excited to be expanding our business into Canada,” said Iervolino. “We’re looking forward to contributing to the vibrant industry here and cultivating strong roots in the Canadian film community.
“We’re committed to discovering and developing Canadian talent and showcasing them in our international projects. Canada has one of the most dynamic and talented film industries in the world and we feel truly privileged to become a part of it.”
Iervolino recently created Hollywood-based AMBI Distribution.