Streaming platform Mubi has acquired global rights to "The Meltdown" ("El Deshielo"), the latest drama from Chilean director Manuela Martelli, and will stream it later this year following its screening at the San Sebastián Film Festival's Horizontes Latinos strand in September. The film, which premiered in the Un Certain Regard sidebar at Cannes in May, is being tipped as a possible Chilean submission for the Oscars and Spain's Goya Awards, underlining a strong period for Chilean cinema on the international festival circuit.

Set at an Andes ski resort in post-Pinochet Chile, "The Meltdown" follows a young girl who witnesses unsettling events that test her loyalties, and stars newcomer Maya O'Rourke alongside Paulina Urrutia, Mauricio Pešutić, Paula Zúñiga, Marcela Salinas and Lautaro Cantillana. It is a Chilean-American-Mexican-Spanish co-production written and directed by Martelli, shot by cinematographer Benjamín Echazarreta. The deal comes as Chile's new government under President José Antonio Kast, in office since March, cuts cultural funding; the Audiovisual Investment Support Fund is set to fall from roughly $586,000 in 2026 to about $208,000 in 2027, a 64% reduction that producer Alejandra García called "deeply frustrating" given Chilean cinema's growing global profile.