All articles by Martin Blaney – Page 219
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News
Second Global Motion Pictures fund launched
The Frankfurt-based IN-motion Group is behind the launching of a second private media fund to follow its Euros 15m first Global Motion Pictures Fonds (GMPF) which was brought on to the market in July. The Second Global Motion Pictures Fonds (GMPF 2) will be inviting private individuals to put ...
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German media sector sees further major changes
Advanced Medien, VCL Film + Medien, and FAME are the latest publicly listed German media companies forced by the 'unfavourable market environment" in the German media sector to embark on a radical strategic reorientation of their operations. Beleaguered producer-distributor Advanced Medien, whose share price has hovered just above oblivion for ...
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Target launches Euros50m media fund
Berlin-based Target Media Entertainment, who entered into a long-term, multi-picture deal with Warner Bros. Pictures Germany at the end of October (Screendaily, Oct 26 2001), has now launched a Euro 50m media fund to finance up to 15 live.action and animated German and English-language features.The production companies Comet Film (The ...
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Bertelsmann denies studio acquisition plans
Speculations that German media concern Bertelsmann might be interested in acquiring a Hollywood studio have been dashed once more by CEO Thomas Middelhoff. Speaking in an interview with the German weekly newspaper Die Zeit about his company's plans for the proceeds from the sales of its shares in AOL and ...
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German cinema admissions reach 10-year high
August's cinema admissions in Germany were the highest for 10 years, thanks to the combined success of Der Schuh Des Manitu Jurassic Park III and Bridget Jones, according to figures collated by the German Federal Film Board (FFA). August's tally of 17.6m admissions was 52% up on August 2000. Moreover, ...
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Kirch/ProSieben agrees management board
Agreement has been reached internally within the KirchGroup on the executives who will sit on the management board of the new company created from the merger of ProSiebenSAT.1 Media AG and KirchMedia by mid 2002, according to the business news service vwd.While Dieter Hahn is already designated as the ...
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Mannheim reveals debut directors' competition
Danish director Ake Sandgren's Truly Human (Et Rigtigt Menneske) is the opening film at the International Film Festival Mannheim-Heidelberg (November 8-17 2001) which will be celebrating its 50th anniversary this year with a number of special events looking back over the past five decades with such filmmakers as Volker Schloendorff, ...
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Ex-EM.TV bosses to be prosecuted in Germany
Munich's public prosecutor's office is tabling charges against the former CEO Thomas Haffa and CFO Florian Haffa of one-time shareholders' darling EM.TV & Merchandising's on suspicion of them purposely concealing the true state of the company's shares. (Screendaily Dec 17, 2000)Senior public prosecutor Manfred Wick told the dpa news agency ...
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TV-Loonland takes 29.9% stake in Metrodome
UK DVD and video distributor Metrodome Group is set to boost its international, presence in the home entertainment sector following plans by Germany's TV-Loonland to acquire a 29.9% stake.Subject to receiving approval at an extraordinary general meeting on November 29, TV-Loonland will buy 4,184,250 new shares from Metrodome at a ...
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Gumpert joins Intermedia Film Equities
Former Universal Pictures executive vp Jon Gumpert has joined the Internationalmedia Group as vice chairman of Intermedia Film Equities USA, Inc.In his new post, Gumpert will be in charge of supervising worldwide feature film operations, including the structuring and financing of film projects, while further areas of responsibility will be ...
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European parliament proposes promotion fund
The creation of a European Promotion Fund and the "interconnecting" of existing automatic support funds in European Union member states are among a set of recommendations presented by European Parliament (EP) deputy Luckas Vander Taelen in a report "on achieving better circulation of European films in the internal market and ...
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Two new German media funds launched
A $15.4m (DM 33.2m) two-part TV biopic on the life of Italian automobile legend Enzo Ferrari is one of four projects lined up by Germany's Victory Media for its latest media fund, Victory MultiMediaFonds Private Placement which was launched on October 31.The $38.5m (DM 83.1m) fund intends to attract private ...
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Schmid wins prestigious Hof film award
Hans-Christian Schmid, director of last year's box-office and critical success Crazy, was awarded this year's Film Prize of the Town of Hof at the International Hof Film Days (October 24-28) joining past filmmakers including Wim Wenders, Doris Doerrie, Tom Tykwer, Detlev Buck and Werner Herzog, all of whom have ...
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German cinema admissions to rise by 9% in 2001
German cinema admissions are expected to rise by 9% this year to 166m, according to a new report. In comparison, French admissions are expected to reach between 172m and 180m, while in the UK they are predicted to reach at least 148m for 2001.According to German HypoVereinsbank (HVB) Equity Research ...
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H5B5 issues sales and profit warning
German media company H5B5 Media has issued a sales and profit warning for the current and coming financial years due to "the reserved purchasing behaviour of German and international television stations". The Munich-based company now expects sales for the current year to be on the same level as 2000 (DM ...
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Germany's Bavaria takes controllong stake in Odeon
Munich-based Bavaria Film has become a major shareholder in the publicly-listed Odeon Film by increasing its interest to 50.01%.Bavaria Film had originally held a 32% stake in Odeon at the time of its IPO in spring 1999, but had gradually increased its shareholding in the intervening period.An adhoc announcement released ...
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peppermint adds six titles to Mifed slate
German sales company peppermint has added another six titles to its new film division's MIFED slate bringing the line-up to 14 films for its market premiere.Leading the raft of the latest peppermint pickups is US production outfit Interlight's $28m film noir thriller White Jazz, which is currently in pre-production and ...
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SunriseMediaStar fund lines up partners
Pierce Brosnan's Irish production outfit DreamTime, veteran producer Wayne Duband's Screen Corporation Limited (SCL), France's TF 1 and Ireland's Mc Films are being lined up as production partners for the new Euros 50m private film fund SunriseMediaStar.Sunrise's managing director Nadia Saleh plans to provide financing for between six to seven ...
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ProSiebenSat.1 suffers nine-month profit dive
The slowdown in the German advertising market has pushed down the earnings of the ProSiebenSat.1 Group in the first three quarters of 2001. Consolidated revenues of Euros 1.419 billion were posted as of September 30, down 4.5% on last year's Euro 1.486 billion. While the consolidated pre-tax result was Euros ...
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IMAX format films to showcase at Berlinale 2001
A selection of past and present large format IMAX films are set to be shown in a special sidebar at next year's Berlinale.The showcase, which will be spread over three days during the festival, will be screened at the two IMAX cinemas at the festival's Potsdamer Platz venue - in ...