Pantelion Films, the feted joint venture between Lionsgate and Mexico’s Grupo Televisa, has signed a multi-picture agreement with Dominican Republic-based Indomina Media to co-finance and distribute films.

The pact is focused on the next two years yet is in fact open-ended and calls for the production of up to three films a year.

Several projects are in development with Indomina, which over the last year has reconfigured operations to move away from distribution and focus on production, utilising its recently opened Pinewood Indomina Studios in the Dominican Republic.

Pantelion will distribute the films in the US and its partners will distribute in Latin America, with additional international rights to be sold at a later date.

Pantelion’s Sandra Condito and Indomina Media International vice-president Stacey Stanley will oversee the projects for the studio. The companies most recently collaborated on 2012 release Filly Brown (pictured).

“We’re pleased to extend our partnership with Indomina, which has emerged as a creative force in Latin America with their state-of-the-art production facility in the Dominican Republic,” said Pantelion CEO Paul Presburger.

“Coupled with new production incentives in the region, this partnership will enable us to add several films to a diverse and growing Pantelion slate designed to resonate with both mainstream and Latino audiences in the US, Latin America and around the world.”

“This collaboration constitutes a great roll-out for both our content production and financing strategies,” said Indomina CEO Antonio Gennari. “Our films will be produced leveraging our own best-in-class production capabilities at Pinewood Indomina Studios, and financed through competitive film incentives offered in the Dominican Republic, which has seen a rapidly growing capacity for the film industry, in general.”