Prestige International Pictures (PIP), a U.S.-based film sales, financing, and production company from Carlos Rincon, will launch at this month’s Cannes Market.
Rincon is the president and co-founder of Prestige. Joining Rincon at Prestige as partners and co-founders are producers Chris Lemos, Luis Guerrero, and William Knochel of Vital Pictures.
Prestige describes itself as a distribution company “by filmmakers, for filmmakers.” In addition to representing third-party content, Prestige will also represent Vital Pictures’ slate. The company will be based in Los Angeles and Atlanta.
Rincon was previously a longtime acquisitions, sales, and development executive at Premiere Entertainment Group (PEG), where he served as executive producer on titles like Ruthless starring Dermot Mulroney and Shrapnel starring Jason Patric. Before joining PEG, he was Head of Acquisitions and U.S. Sales at Spotlight Pictures.
Lemos, Guerrero, and Knochel founded Vital Pictures in 2019. The company’s credits include the social thriller Beneath Us and the WWI dramatic thriller The War Below.
“I’m excited to be teaming up with Chris, Luis, and Will, as I’ve greatly admired their work for years,” Rincon said in a statement. “We share the same passion and vision of being able to provide a successful pathway for filmmakers to hone their skills and develop high-concept projects while maintaining their artistic integrity.”