All Finance articles – Page 77
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NewsNorwegian Film Institute boosts co-pro funding
Funding for co-productions increases to $2.9m (NOK 16m) from 2012’s $2m (NOK 11m).
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NewsLegend3D secures $8m funding
Visual effects and conversion company Legend3D announced this week [Feb 4] that it had closed an $8m Series B Preferred Stock offering.
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NewsJames Cameron wins Avatar "theft" lawsuit
Twentieth Century Fox announced on Tuesday [5] that James Cameron has won a lawsuit against Gerald Morawski, who claimed that the film-maker had used his ideas to create Avatar.
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NewseOne, 1984 Private Defense Contractors sign first-look deal
Under the terms of the multi-year arrangement eOne gets first look to finance and distribute all 1984 films. LA-based Spencer Silna and Adi Shankar’s slate includes Corsica ’72 from Skyfall writers Neal Purvis and Robert Wade and the untitled Female Expendables project.
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NewsBFI reports fall in UK production spend; indie investment up
The British Film Institute (BFI) has reported a 29% drop in UK production spend following a record-breaking 2011 but an upsurge of investment in British independent films.
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NewsLanthimos, Martel, Nyholm scoop Rotterdam’s CineMart prizes
Established art house directors Yorgos Lanthimos and Lucrecia Martel won cash prizes as International Film Festival Rotterdam’s 30th coproduction market CineMart announced its prizes last night.
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NewsThe Exchange, Grand Peaks launch film fund
The LA-based sales and financing company run by Brian O’Shea has partnered with the Denver-based entertainment company on Exchange Peaks Film Capital. The first beneficiary is previously announced The Last 5 Years.
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NewsEU’s MPFG generates €47m in first two years
Productions supported by the European Media Production Guarantee Fund (MPFG) include upcoming A Most Wanted Man, The Congress and Berlinale Golden Bear contender Layla Fourie.
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NewsCopenhagen to offer $6.3m film fund
The Danish capital of Copenhagen is to establish a regional film fund in a bid to attract foreign productions and place the city on the international movie map.
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NewsBFI unveils £1m Film Festival Fund
The BFI has launched a new Film Festival Fund that aims to help boost the film choices available across the UK and support both regional and national festivals with global reach.
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NewsRaine Group forms partnership with China Media Capital
US merchant bank Raine Group has formed a strategic partnership with Chinese state-owned China Media Capital (CMC) to make joint investments across digital media, sports and entertainment.
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NewsWallonia Brussels commission backs 45 new projects
Among the projects supported are 17 feature films and 17 documentaries; total funding amounts to $4.5m (€3.4m).
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NewsBFI launches revamped £4m Distribution Fund
New-look fund introduces new application criteria and strands.
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NewsGermany’s Commerzbank doubles film finance to $400m
Commerzbank, the second biggest bank in Germany, is planning to double its commitment to the financing of film and TV production for the next four years.
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NewsSnagFilms closes $6m financing round
The capital investment will enable the online distributor to expand its 4,000-strong film library to 5,000 by the middle of the year.
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NewsGerman incentive supports record 115 projects in 2012
The German Federal Film Fund (DFFF) incentive scheme supported a record 115 projects, including 40 international co-productions and a new adaptation of Beauty and the Beast, totalling $78.2m (€58.4m) in 2012.
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NewsBlockbuster calls in administrators
The UK DVD rental store has gone into administration putting 4,190 jobs at risk, just a day after high street DVD and music store HMV suffered a similar fate.
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NewsHMV to appoint administrator
UK DVD and music retailer HMV has called in administrators putting around 4,350 jobs in doubt.
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Creative Europe given “key priority” by Irish Presidency of EC
The European Commission’s (EC) proposed Creative Europe programme has been given “key priority” in Ireland’s Presidency of the European Council for the first six months of 2013.
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NewsAustrian incentive scheme extended for another two years
Austria’s film production incentive scheme “Filmstandort Austria” (Film Location Austria - FISA) has been extended to the end of 2014 with an annual budget of $10m (€7.5m).