Partners in Spanish-French production venture PHF Films, co-producers of Directors' Fortnight title Nada +, are dismantling their joint banner but will continue to co-produce projects together.

Antonio Perez of Maestranza Films and Sarah Halioua of MDA Films, who formed PHF at Cannes in 1999 with Thierry Forte of France's DMVB, call the decision an "operative" one intended to simplify logistics on future co-productions.

"We will continue collaborating together," said Halioua. Perez added that the three will meet in Cannes to discuss future projects.

Perez is developing a trio of new feature films from Benito Zambrano, the award-winning director of 1999's Alone (Solas), including Cuban music tale Havana Blues, comedy Las Gordas and drama Carla La Coja, about a young dancer who suffers a debilitating injury. Perez says he is negotiating an international distributor on Blues, which should shoot before year's end. Alone was picked up worldwide by UGC and has generated interest in a possible remake.

Through MDA, Halioua is prepping the $8-$10m English-language The Travel Agent for a 2003 shoot. The script by Neil Cohen is based on the true story of a Muslim family which needs a favour returned by the Jewish family it saved during WWII. Halioua is also prepping writer-director Pedro Loeb's Euros 1.5m When I See You Again (Cuando Te Vuelva A Ver) for later this year, and is awaiting premieres on UK co-production The Reckoning, starring Willem Dafoe, and Argentine co-production Magic Bay (Bahia Magica), a mixed animation and live-action children's film.