RioFilme pumps '10 Seconds'

Film Festivals: RioFilme backs boxing biopic -- In a sign of the burgeoning muscle of the Brazilian film industry, Rio de Janeiro-based RioFilme has invested reals 3 million ($1.8 million) in "10 Seconds," the story of Brazilian boxer Eder Jofre.

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Source: http://www.variety.com/article/VR1118032296?categoryid=3534&cs=1&cmpid=RSS|News|FestivalNews