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German media fund beefs up investment slate

German media fund VIP 3, which has raised Euros 170m from private German investors to date this year, is to co-produce new features by Penny Marshall and Gregory Hoblit.The fund will serve as a production partner with Chris Sievernich's Armada Pictures International on Penny Marshall's comedy Family Of The Year which is scheduled to star Danny De Vito, Ray Liotta, Edie Flaco and Famke Janssen. The absurd comedy in the style of John Irving's novels will go into production ...

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