All articles by Martin Blaney – Page 202
-
News
IM Internationalmedia to cut staff by more than 30%
Following last week's announcement of pre-tax losses of $36.1m in the first nine months of 2002, production and finance group IM Internationalmedia has unveiled an extensive cost reduction programme to reduce expenses by Euros 28.7m and predicted that revenues for 2003 would be between Euros 330m-350m, well above this year's ...
-
News
Junkersdorf launches tax fund to finance four pictures
Eberhard Junkersdorf, who called earlier this year for the introduction in Germany of tax-driven incentives similar to those in the UK, Ireland, Canada or Luxembourg, has launched his own media fund - Neue Bioskop Film - to finance four international feature productions in 2002 and 2003.German individuals can invest a ...
-
News
Mannheim jury in favour of The Devils
French director Christopher Ruggia's drama The Devils (Les Diables) was named Best Film by the international jury at this year's Mannheim-Heidelberg International Film Festival.Announcing its decision, the jury of Danish actress Trine Dyrholm, French sales agent Margarita Seguy (F For Film), Korean sales agent Karen Moon (CJ Entertainment), Finnish Film ...
-
News
Constantin reports increase in sales - and net losses
German producer-distributor Constantin Film has posted a 10% increase in sales to Euro 94.6m, but also a 64% increase in net losses to Euros 7.36m, (from 2001's loss of Euros 4.5m) according to the nine-months report to September 30, 2002. International sales revenues were up 78% on the previous year ...
-
News
German, Israeli film funds sign joint project agreement
German regional film fund Filmstiftung NRW and the Israel Film Fund have signed a deal to develop relations between the two film industries.The "Joint Project" agreement, which initially is to run for two years, was signed during this week's REEL IL 02 showcase of new Israeli student work at the ...
-
News
German star to headline English-language Ghetto
Hot German star Moritz Bleibtreu (The Experiment, Luna Papa, Taking Sides) is to play the lead role of the Nazi officer Kittel in Audrius Juzenas' adaptation of Joshua Sobol's Ghetto based on real events in the Jewish ghetto of Vilnius during the Second World War."Normally, the Nazi is played ...
-
News
Sandrew Metronome picks up Finnish kung-fu comedy
Sandrew Metronome has picked up all Scandinavian rights (except for Finnish TV rights) for first-time Finnish director Aj Annila's kung fu-fantasy-comedy Jade Warrior which was presented to international producers at this week's Mannheim Meetings co-production market.Blind Spot Pictures, the Finnish co-producer of Lars von Trier's Dancer In The Dark, plans ...
-
News
German investors cheered by erotic media floatation
Amidst all of the insolvency doom and gloom, German investors had reasons to be cheerful with the successful flotation of the adult films trader erotic media ag on the Frankfurt stock exchange with a threefold over-subscription of its 100,000 shares. Trading began on Friday at Euros 34.50, up 15% from ...
-
News
Internationalmedia losses force board shake-up
Production and finance group Internationalmedia announced pre-tax losses of Euros35.7m for the first nine months and as part of a cost cutting programme halved its management board from four members to two. Graham King will step down from the board although will continue to serve as managing director of Initial ...
-
News
German funds less attractive to investors in 2002
German media funds are expected to raise Euros1.5bn in 2002 from private investors to finance feature film and TV production - 25% less than last year.This will be the second year in a row that fund investment levels will have fallen. In his newly published survey of the performance of ...
-
News
Mannheim meetings to expand in 2003
The "Mannheim Meetings" co-production market plans to expand next year to include projects from Asia in addition to the present line-up from Europe, Latin America and North America. The Meetings co-ordinator Olaf Aichinger told screendaily.com that he has a scout based in Korea who would recommend Asian projects for participation ...
-
News
German TV still suffering from advertising crisis
The recession in the TV advertising market has continued to affect the revenues of German broadcasting giant, the ProSiebenSAT.1 Media Group which reported a 10% decline in revenues - down Euros 40m to Euros 351.1m - for the third quarter of 2002.Over the first nine months of this year, revenues ...
-
News
Das Werk's holding company files to start insolvency
Following Helkon International Production and peppermint from the Helkon Media Group, the German postproduction group Das Werk has become the latest former Neuer Markt stock to file an application to start insolvency proceedings. And while peppermint was still operating at MIFED as a sales entity with an ongoing business - ...
-
News
Scacchi and Prochnow headline Baltic Storm
Greta Scacchi and Juergen Prochnow are the leads in US director Reuben Leder's poltical thriller Baltic Storm which began shooting on location in Berlin on November 5.The co-production between Babelsberg-based Top Story Filmproductio, Denmark's Smile Entertainment and the UK sales agent IAC centres on the sinking of the Baltic ferry ...
-
News
German cinema admissions fall 8% in third quarter
German cinema admissions have fallen 8% year-on-year in the first three quarters of 2002, but industry observers expect the new Harry Potter, James Bond and The Lord Of The Rings to effect a turnaround in the fourth quarter.According to figures released by the Berlin-based German Federal Film Board (FFA) ...
-
News
Alcas launches Euros 93.4m German film fund for Hallmark Entertainment
While debate is currently raging in Germany about ways of keeping more private film fund equity at home, fund initiator Alcas has launched a Euros 93.4m fund to produce a raft of international film and TV projects for Hallmark Entertainment.Private German individuals are being invited to invest a minimum of ...
-
News
Odeon Film switches from Neuer Markt
Odeon Film, co-producer of Gregor Jordan's Buffalo Soldiers, has received the greenlight from the German Stock Exchange to switch his company listing from the Neuer Markt and start trading on the Regulated Market (Geregelter Markt) from December 2.An official statement explained the move 'as a reaction to the present situation ...
-
News
German funds in Polish development talks
The German regional funds Mitteldeutsche Medienfoerderung (MDM) and Filmboard Berlin-Brandenburg are in talks with the Polish Culture Ministry to establish a development fund dedicated to joint projects by German and Polish producers.MDM chief executive Manfred Schmidt is confident that a decision could be reached before the end of this year, ...
-
News
Wild Bees, Hukkle win Cottbus prizes
Wild Bees and Hukkle - the Czech Republic and Hungary's candidates for the Foreign Language Film Oscar - were among the prize-winners at this year's FilmFestival Cottbus which closed on Sunday evening with an overall 15% increase in attendances over 2001.Bohdan Slama's Wild Bees (Divoke Vcely) received the Euros12,000 main ...
-
News
Michael Haneke wins Vienna city award
Austria's filmmaker Michael Haneke (The Piano Player, Funny Games) was awarded the 'Golden Decoration" for services to the city of Vienna at a ceremony in the Austrian capital's City Hall on October 28 (Monday).'It is thanks to Michael Haneke that Austria today enjoys the reputation of being an exciting film ...