ActUpon

Film News: Company nabs rights to Cannes pic — IFC Films has picked up U.S. rights to Gaspar Noe’s Cannes competition pic “Enter the Void.”

Film News: Company will focus on social issue and music pics — Indie vets Richard Abramowitz and Kirt Eftekhar are launching specialized film distributor Area23a to focus on event driven films with a special emphasis on social issue and music performance pics.

Film News: Company to produce up to nine films in 2011 — Veteran Bollywood producers and distributors the Hinduja Group have re-entered the Indian film industry with an investment of Rupees 5 billion ($109 million).

Film News: Company represents Berlinale pic ‘Good’ — Once an inhouse sales arm for Barcelona mini-major Filmax Ent., Filmax Intl. is carving out a second identity as a worldwide sales partner of other leading Spanish production companies.

Film News: Company acquires world rights to black comedy — Magnet Releasing has acquired world rights to black comedy “Down Terrace” and plans a theatrical release this summer .