Pan’s Labyrinth Goodness!

Variety ran a story on Pan’s Labyrinth and Guillermo’s collaboration with Alfonso Cuaron (Harry Potter and the Prisoner of Azkaban). Some good details here, so, read below:

Mexican directors Guillermo del Toro (Hellboy) and Alfonso Cuaron (Harry Potter and the Prisoner of Azkaban) are teaming up with long time collaborators/producers Frida Torresblanco and Bertha Navarro to form a production company whose first film will be del Toro’s dark fairy tale Pan’s Labyrinth, Variety reported. The company aims to foster Spanish and English-language films in Spain. Pan’s Labyrinth is slated to start shooting in Madrid and northern Spain in July, the trade paper reported.

Wild Bunch has signed on to handle worldwide sales of the movie, which is budgeted at $14.5 million. Spain’s private TV network Telecinco has put up most of the money. The cast includes Spanish actors Maribel Verdu, Sergi Lopez, Ariadna Gil and Alex Angulo, the trade paper reported.