Munichbased distributor Solo-Film has become the latest casualty in the Germandistribution scene's seemingly never ending round of insolvencies.
Solo's managing director Peter Heinzemann confirmed toScreenDaily.com that his company had been forced to file for insolvency onWednesday (March 16) after a key licensing company called for payment due on afilm license.
Heinzemannstressed, though, that the filing for insolvency only affects the Germantheatrical distribution company Solo-Film Verleih. However, the rights tradingcompany SF Media, which is managed by Heinzemann and Martin Heldmann andacquires all rights for DVD/video, TV and theatrical, is not affected.
Heexplained that the booking and billing for Solo-Film's next release - SusanneBier's Brothers on March 31 - would be handled by Central Film, with SFMedia working with freelancers on the marketing and press campaigns. Futurereleases would also be operated along these lines, he noted.
Solo-Filmwas launched at the Cannes Film Festival in 2002 by former Kinowelt executiveHeinzemann and Helkon Media's Christian Halsey Solomon.
In thefirst year of operations, the company handled seven titles, followed by 14 in2004 and up to 18 were planned for 2005.
Solo, whose recent releases included the Turkish blockbusterG.O.R.A., Sylvia and Beyond The Sea, had announcedon the eve of this year's Berlinale that the Berlin-based distribution agencyCentral Film would handle the booking and billing for future releases, whileSolo planned to concentrate on the coordination of press and marketingactivities.