Fuego Entertainment to license the feature film Zafiros Locura Azul.
October 9, 2006
Fuego Entertainment, Inc. announced that it has entered into a formal agreement to license the feature film Zafiros Locura Azul from the Company’s CEO, Hugo M. Cancio. Zafiros Locura Azul, meaning Sapphire Blue Madness in Spanish, is a feature film produced by Hugo M. Cancio and filmed in Cuba. The film depicts the story of Los Zafiros, a Cuban vocal quartet in the 1960’s.
“Cuban music was forever changed when Los Zafiros appeared on the scene. Los Zafiros featured polyphonic vocals that packed Havana’s clubs and gained popularity on Cuban television and radio. I originally produced this film as a tribute to my father, Miguel Cancio, the founder of Zafiros Locura Azul and the only surviving member,” said Hugo M. Cancio, CEO of Fuego Entertainment. “The story is told through recreations of their appearances and use of actual footage. Their innovative vocalizations drove them to the top of the charts and their high-energy dance movements put Los Zafiros into the history books.”
Under the arrangement, Fuego Entertainment will receive royalties of 75% on the gross revenue generated from the film’s distribution for a 10-year period. The Company has acquired the rights to worldwide distribution in all formats, including theatrical, home video/DVD, television, and soundtrack. The film has never been commercially released but has won many international film festival awards, including the Audience Award in 1997 at the Havana Film Festival.