Lola Arabia, Dubai’s Charisma Group Strike 12-Movie Production Deal (EXCLUSIVE)
John Hopewell Chief International CorrespondentLola Arabia, the United Arab Emirates label of Oscar-winning Spanish producer Andrés Vicente Gómez (“Belle Epoque”), has struck a 12-movie co-production deal with Dubai-based Charisma Group.The alliance will take in a range of titles, from $2 million-budgeted contemporary comedies to banner productions budgeted at $40 million, revolving around contemporary and historic stories of West Asia.The partners aim to produce an average of four films a year, said Charisma Group co-president Ayham Al Ziyoud.Development has begun on the whole slate. “Although in principle we plan projects with modest budgets, these will be increased in the following year once we find the rights partners outside the Gulf States,” Gómez said.