The three Mexican directors who shook up Hollywood last February with 16 Academy Award nominations have formed a moviemaking partnership with Universal Pictures worth a reported $100 million.
Guillermo del Toro, Alfonso Cuaron and Alejandro Gonzalez Inarritu will produce five movies, some of them in Spanish, the Los Angeles Times reported Saturday.
"These filmmakers truly represent the importance of cultural diversity for the global audience," said David Linde, co-chairman of Universal Pictures.
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The trio, who individually directed "Pan's Labyrinth," "Babel" and "Children of Men," will call their production company Cha Cha Cha.