All News articles – Page 4886
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AOL Time Warner reduces Chinese TV stake
AOL Time Warner has sold a controlling stake in Chinese Entertainment Television (CETV) to Hong Kong's Tom.com, less than two years after the channel was granted broadcast rights in mainland China.Diversified media company Tom.com, owned by Hong Kong tycoon Li Ka-Shing, is paying US$6.8m for a 64% stake in CETV. ...
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Facing Windows cleans up at Italy's Golden Globes
Ferzan Ozpetek's Facing Windows swept the Italian Golden Globe awards last night, taking five awards including Best Film, and Best Actor and Actress for Filippo Nigro and Giovanna Mezzogiorno, respectively. The film also picked up the Best Music prize, for Andrea Guerra, and Best Screenplay, for Ozpetek and writing partner ...
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Equator posts $2m pre-tax loss for 2002
Equator Group, the UK media concern which earlier this year ended take-over talks with Handmade Films, has posted a pre-tax loss for last year of $2m (£1.2m).The red ink was in contrast to a profit of $789,000 (£475,000) the year before. Equator's sales also dropped steeply, falling to $613,000 (£369,000) ...
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RTL, Planeta reach agreement on Antena 3
Luxembourg-based RTL Group and Spain's Grupo Planeta have reached an agreement which could see both companies increasing their stakes in Spanish free-to-air broadcaster Antena 3.Following the IPO of Antena 3 planned before year-end, RTL Group and Grupo Planeta could up their respective 17.2% and 25.1% shares in the channel, the ...
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Enterprise Australia promotes sustainable film business
A number of Australian government agencies have joined forces and recruited media management consultant Jonathan Olsberg from the UK-based Olsberg SPI to help Australian producers stop living a hand-to-mouth existence between productions and start developing sustainable businesses. Enterprise Australia has been adapted from similar programs held in the UK and ...
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Bavaria Film takes int'l sales on Tuschi's feature debut
Bavaria Film International will handle international sales on Cyril Tuschi's feature debut SommerHundeSoehne which is set to shoot on location in Spain and Morocco this October. The low-budget production between Tuschi's Lala Films! and Nicholas Conradt's Friends Production has received backing from Filmboard Berlin-Brandenburg and broadcaster ARTE and has already ...
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Black hole looms for UK finance
With debate raging over what should replace the UK's influential tax deferrals, only two things are certain. Firstly, many in the industry support preserving a status quo that last year saw investors shelter $2.7bn (£1.6 bn) through sale and leaseback schemes and, to a far smaller extent, riskier production schemes.Secondly, ...
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Strand takes The Child I Never Was for US release
US indie distributor Strand Releasing has picked up Kai S Pieck's feature debut The Child I Never Was (Ein Leben Lang Kurze Hosen Tragen) (pictured) which is being handled internationally by Bavaria Film International.Premiering last year at the Hof Film Days, the film is based on the life of Germany's ...
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Ten first-time directors to compete at Guadarrama fest
Asif Kapadia's The Warrior and Eduard Cortes' Nobody's Life (La Vida De Nadie) are among the ten films to compete at next week's second annual International Film Festival of Guadarrama in Spain (July 12-23).Only first-time feature directors are eligible to compete at Guadarrama, where jury and public prizes are awarded. ...
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Depuis Qu'Otar Est Parti wins Prix Michel d'Ornano
Cannes Critics' Week winner, Depuis Qu'Otar Est Parti has been announced as the winner of the 13th annual Prix Michel d'Ornano. The film's director and screenwriter Julie Bertuccelli will receive the award at the Deauville Festival of American Film in September.The prize was created as an aid to writers and ...
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Osbourne to star in Malice In Sunderland
Kelly Osbourne, of hit TV series The Osbournes, is to star in Malice In Sunderland, a contemporary reworking of Alice's Adventures In Wonderland.Simon Fellows is to direct the UK-German co-production, with shooting scheduled to shoot later this year. Mark Byrne of the UK's What's The Story is producing, while Christian ...
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Angels go Full Throttle with $12.5m in 11 territories for CTFDI
Charlie'sAngels: Full Throttleopened with a kick in 11 territories over the weekend, taking $12.5m on 1,386screens for Columbia TriStar Film Distributors International (CTFDI).The actioner opened day-and-date with the US in thecountries and topped the charts in nine of the 11. In the remaining twoterritories, it was the highest grossing Hollywood ...
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Lombardo promoted to president of Cinesite Hollywood
Dan Lombardo has been namedpresident and Jerry Pooler is stepping into a new role of executive director,creative, at Cinesite Hollywood, the LA digital facility which was founded in1992 and opened Cinesite (Europe) in London in 1994.Lombardo, who joinedCinesite two years ago as vice president of production, will also continue inthe ...
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Macquarie, Nine raise $13.6m for second production fund
Australians had reached into their pockets for $13.6m (A$20m) by the time the clock struck midnight on June 30, the deadline for investment in Macquarie Bank and the Nine Network's second film and television production fund. While they did not dig as deeply as last year, which saw $16m (A$23.6m) ...
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Italy's Cattleya unveils dynamic production slate
Founded in 1999 by former Medusa producers Riccardo Tozzi, Marco Chimenz and Giovanni Stabilini, Cattleya is proving itself to be one of the most dynamic independent production companies in Italy today.On Tuesday, Tozzi announced a slate of high-profile films that the company is preparing for the 2003-2004 season, featuring such ...
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Messier awarded Euros 20m in VU severance pay
Just as Vivendi Universal chairman Jean-Rene Fourtou finds himself sitting pretty atop several substantial offers for the company's entertainment assets, he's also got an old familiar thorn poking him in the side.Former Vivendi chief Jean-Marie Messier has been awarded upwards of Euros 20m in severance pay by a New York ...
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Three films nominated for Berlin Today award
2002 Student Academy Award winner Grace Lee (Barrier Device) is among four filmmakers - and three films, nominated from over 110 entries from all over the world to have the chance to make a short film about the German capital for the Berlin Today Award.While Korean-American Lee's project will ...
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Japan's Groove files for bankruptcy
Groove Corporation, co-producer of Shohei Imamura's 1997 Cannes Grand Prize winner The Eel (Unagi), as well as other critically acclaimed indie titles, has filed for bankruptcy protection at Nagoya District Court. Its total debt was reported as $42m (Y5bn). Founded in 1976,. Groove began life as a video sales and ...
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French broadcaster commits to increased film investment
Public broadcaster France Televisions has signed an agreement with representatives of the independent film sector guaranteeing increased investment in future production.According to ARP- the association of writers, directors and producers, and BLOC, the Bureau de Liaison des Organisations Cinematographiques, which represents independent distributors, both signed an accord with France ...
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German producers form Heimatfilm production company
Stefan Telegty and Helmut Hartl of Munich-based commercials production house Embassy of Dreams have joined forces with Cologne producer Bettina Brokemper to establish the film and TV production outfit Heimatfilm to develop and produce features by new German directors and European co-productions as well as act a service producer in ...