The future liquidity ofSplendid Film is in jeopardy following a decision ordering it to pay $2.1m toLos Angeles-based Gold Circle Films.

This turn of events cameafter the 100% subsidiary of Cologne-based Splendid Medien was ordered to paythe amount by an arbitration board of the Independent Film & Televisionalliance as an additional charge for the TV distribution of the feature film My Big Fat Greek Wedding.

An statement by SplendidMedien indicated that its subsidiary was "currently examining their appealoptions" against the decision and that the mother company would in turnassess "the potential impact for the whole corporate group."