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Hanhwa launches second fund as Korean IPTV market hots up
Hanhwa's second Daisy Cultural Content Investment Fund, specialising in content such as films, animation and performances, will invest $10.2m (KW10bn) over five years. Hanaro Telecom is investing $2m in the fund, alongside Hanhwa Venture Capital Corp and film importer Daisy Entertainment, to buy up content for its IPTV service HanaTV.HanaTV ...
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21, Leatherheads kick off overseas campaigns in Europe as Horton hurtles away
Fox International's Horton Hears A Who! remains the leading Hollywood export and looks like the one to beat this weekend as executives expect it to cross $100m.The family film has amassed $93.9m and opens in 10 territories including Greece on April 10.The romantic comedy 27 Dresses is doing well on ...
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Kitano unveils new project Achilles And The Tortoise
Award-winning Japanese writer-director-actor Takeshi Kitano has unveiled details of his latest feature film, entitled Achilles And The Tortoise. Details of the production were announced at the Nikkatsu Studios in Chofu City, with the press invited on the soundstages.Kitano, also known for his paintings, found inspiration in past canvas embarrassments for ...
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MipTV market concludes on note of media and telecoms
A chilly, rainy MipTV market wound down Thursday following keynote speeches focusing on media and the telecom companies and social networking. France Telecom Group's chairman and CEO, Didier Lombard, on Wednesday told attendees he never expected to be addressing a group of content makers. But, he said, 'I do truly ...
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NBC Universal appoints Christopher Williams to new VP role
Christopher Williams has been appointed to the newly-create role of vice president, commercial and network development Asia Pacific, Global Networks, an international division of NBC Universal. Williams will be based in Singapore and will play a leadership role in NBC Universal's strategy to develop new channel businesses in new territories ...
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Australian Writers Guild quits Australian Screen Council in protest
The dream of the Australian film and television production industry talking to government with one powerful voice on key issues is in tatters tonight with one of the four member organisations of the Australian Screen Council (ASC) resigning over what it says is financial mismanagement.The executive director of the Australian ...
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French comedies dominate international weekend
French cinema enjoyed yet another impressive weekend in the international arena as two comedies accounted for 12.7% of the international top 40 revenue. New entry Disco was the highest entry in the chart this weekend, coming in at number two with an $8.7m take from Belgium, France and Switzerland. The ...
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Row erupts in Australia over production offset
Two Australian film agencies are trading insults over the financing arrangements behind comedy drama Subdivision, which Japanese Story director Sue Brooks starts filming April 14. Both are investors.Once completed, Subdivision will be applying for 40% of its costs back under the new producer offset. It has always been assumed that ...
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Metrodome acquires full UK rights to Warlords
Metrodome Distribution has acquired full UK rights to Peter Chan's action film The Warlords. The film has earned $40m at its domestic box office, making it one of China's most successful domestic theatrical releases ever. Metrodome is looking to release the film nationwide later this year. The Warlords has been ...
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Three Kingdoms has strong opening in China
Daniel Lee's Three Kingdoms: Resurrection Of The Dragon had a strong first weekend gross in mainland China, grossing over $4.28m (RMB30m) in the first four days, according to distributor Polybona Film Distribution. The film is the biggest Chinese-language release so far in 2008.Opening on Thursday April 3, Three Kingdoms was ...
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Eros International unveils bumper slate for 2008
India's Eros International seems to be on a roll. After a successful 2007 with hits such as Namastey London, Partner, Heyy Babyy and Om Shanti Om, Eros has announced that it plans to release 35 films in 2008. Some of them have already hit theatres, with varying response. Bombay To ...
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India's Pyramid Saimira makes production push
Indian exhibitor Pyramid Saimira is set to produce 52 films this year, via its production label Pyramid Saimira Production International, including ten Tamil-language films with an investment of $10m (Rs400m). Ten Tamil film producers will create these films on behalf of the company. This follows the completion of six films ...
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Korea Telecom, Softbank launch $41m content fund
Korea Telecom (KT) and Japanese IT investment company Softbank have announced a $41m (KW40bn) content fund called the KT Global New Media Investment Fund. The two companies are to invest 50:50 in the fund focusing on content for KT's internet protocol TV (IPTV) service MegaTV, which will also be shared ...
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Horton hears nearly $100m overseas for Fox
As expected, Fox International's Horton Hears A Who! dominated the Hollywood overseas pack thanks to a three-day haul that delivered an estimated $11.7m from 5,783 screens and raised the tally to $91.5m.The animated family release is several days away from crossing the $100m threshold and owes much of its weekend ...
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Celestial pacts with Kadokawa, MGM Central Europe
Hong Kong-based Celestial Pictures has signed two new distribution deals for its Shaw Brothers library with MGM Channel Central Europe and Kadokawa Entertainment in Japan. The deal with Kadokawa includes video, pay-TV, free TV, video-on-demand and mobile distribution rights. Kadokawa will offer different genres from the Shaw Brothers library - ...
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Censors block four films at Singapore festival
The 21st Singapore International Film Festival (SIFF) which started on Apr 4 has lost four documentary films to the local censors with another feature still pending a rating.Two of them, Arabs And Terrorism and David The Tolhildan, were 'disallowed' on account of their sympathetic portrayal of allegedly terrorist organisations.'Films which ...
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Censors block four films at Singapore festival
The 21st Singapore International Film Festival (SIFF) which started on Apr 4 has lost four documentary films to the local censors with another feature still pending a rating.Two of them, Arabs And Terrorism and David The Tolhildan, were 'disallowed' on account of their sympathetic portrayal of allegedly terrorist organisations.'Films which ...
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India's UTV restructures film division
UTV has restructured UTV Motion Pictures, its film production and distribution division, and promoted Siddharth Roy Kapur to CEO, UTV Motion Pictures.Previously Kapur was EVP Marketing, Distribution & Syndication, UTV Motion Pictures. He will continue to report to Ronnie Screwvala, CEO, UTV Software Communications and be responsible for spearheading the ...
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Japan's Entertainment Farm launches Singapore-based fund
Japanese production company Entertainment Farm has established a Singapore-based film fund to underwrite features in America and Asia, it announced today.Entertainment Farm established Entertainment Farm Pte Ltd in Singapore at the end of last year.Under director Satoru Yano, the hub will manage the fund, which looks toacquire between $30m-$50m from ...
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Summerheat:the battle of the 2008 blockbusters
Hollywood's powerhouse summer of 2007 launched some of the biggest worldwide hits in cinema history. The indications are the 2008 blockbuster season may write itself into the record books too.If last year's summer was distinguished by lucrative third episodes of killer franchises such as Spider-Man, Pirates Of The Caribbean and ...