All News articles – Page 4887
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Loach's Fond Kiss secures tax funding
Ken Loach's current production, Ae Fond Kiss, has secured just over 40% of its $5m (£3m)budget through UK tax fund Azure.The funding comes in Azure's traditional form of equity and a traditional sale and leaseback under the UK's Section 48 tax deferral mechanism. The production, the third in Loach's Glasgow ...
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Hulk moves into 12 new territories, takes $11.3m
Universal Pictures' TheHulk grossed $11.3m in 14territories in its second weekend on release from 1,652 sites. With 32territories still to open, that makes its ten-day total an impressive $15.7m.It took $4.6m includingpreviews in Mexico, beating Jurassic Park 3 to become Universal's biggest opening in theterritory and beating openings for The ...
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MGM sells 20% stake in channels back to Cablevision
Metro-Goldwyn-Mayer (MGM) isselling its 20% stake in three US cable channels AMC, IFC and WE: Women'sEntertainment back to Cablevision for $500m. Once the deal is done, probably inthe third quarter 2003, the three channels will once again be 100%-owned byCablevision.The deal could haveramifications for both MGM and Cablevision which are ...
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Reloaded flies close to $400m mark for Warner
Warner Bros PicturesInternational continued its spectacular run at the box office over the weekendwith The Matrix Reloaded whichtook another $9.94m from 4,980 screens in 60 countries. Its total internationalgross is poised to cross the $400m mark this week and at Sunday stood at$397.2m.The film dropped just 20.6%in Japan in its ...
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CTFDI takes most international on Artisan/Marvel's The Punisher
Columbia TriStar FilmDistributors International (CTFDI), which will soon see if its investment inacquiring international rights to blockbuster Terminator 3: Rise Of TheMachines paid off, has invested inanother potential hit acquisition, taking rights in most internationalterritories to Artisan Pictures and Marvel Studios' The Punisher.The film, which was sold toCTFDI by Summit ...
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Yes Nurse, No Nurse is San Fran Lesbian & Gay fest audience favourite
Pieter Kramer's Dutchmusical Yes Nurse! No Nurse! wasthe clear audience favourite at the 18-day San Francisco International Lesbian& Gay Film Festival which finished on Sunday.It won the audience awardfor best feature at the festival which scored over 82,000 admissions to its 121film screenings. Nancy Kates and Bennett Singer's Brother Outsider:The ...
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Almighty opening gives Carrey career best UK launch
Buena Vista International (BVI) celebrated its biggest opening of the year so far with a huge launch weekend for Jim Carrey comedy Bruce Almighty. The film claimed the third highest three-day opening of the year so far, behind Warner Bros' The Matrix Reloaded and 20th Century Fox's X2: X-Men United. ...
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Global entertainment spend set to recover from 9/11 shock
Global entertainment spending is set to grow from $1.1 trillion in 2002 to $1.4 trillion in 2007, a compound average growth rate of 4.8% per year. That GDP-busting growth is the forecast of PriceWaterhouseCoopers (PWC) in the latest edition of its Global Entertainment and Media Outlook. It acknowledges that 2003 ...
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Gilliam's Grimm starts 17-week Prague shoot
Terry Gilliam's $75m Brothers Grimm kicks off its 17-week shoot in Prague today, with Matt Damon, Heath Ledger, Lena Heady, Peter Stormare and Jonathan Pryce in the main roles. The shoot will travel around the Czech Republic for the next two weeks, with Czech castle- and cathedral towns including Krivoklat, ...
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Little steps back from First Look, Lischak is new president
Robbie Little, who foundedOverseas Filmgroup 23 years ago, is stepping back from day-to-day operations ofthe company now known as First Look Media to focus on production through hisown outfit The Little Film Company.Bill Lischak, who has beenat First Look since 1988, first as CFO and later COO as well, has ...
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Belgian success heralds local production boom
Flemish filmmaker Tom Barman's feature debut Any Way The Wind Blows has become the strongest opener in Belgium in the last year, clocking up around 14,000 admissions on 12 screens for distributor Cineart since its release on June 18.A combination of good reviews, excellent word-of-mouth and the song Summer's Here ...
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Berlin film festival to launch co-production market
Next year's Berlinale (February 5-15 2004) is to launch a co-production market associated with its second Berlinale Talent Campus.Speaking exclusively to Screendaily, Berlinale chief Dieter Kosslick explained that "we won't attach any conditions to the projects pitched by the young talents whereas certain criteria will have to be fulfilled for ...
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German fund to invest in Fox marketing campaigns
German fund initiator Ideenkapital is launching its Mediastream IV fund to raise Euros232m from private individuals for investing in the marketing costs of three releases by 20th Century Fox.The three features are the sci-fi action film I, Robot starring Will Smith, which is scheduled to open in the US on ...
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Karlovy Vary prepares for celebrity guests
The Karlovy Vary International Film Festival, which kicks off its 38th edition this week, will honour Morgan Freeman and British director Stephen Frears, with awards for Outstanding Artistic Contribution to World Cinema. Festival organisers remain guarded concerning other celebrity guests' attendance, however, mindful of the previous two years' disappointments at ...
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LA's Panettiere, India's Biswas team to co-produce films
VincentPanettiere's new LA-based production company Thistle Productions is teaming upwith Indian producer Anamika Biswas and her AB Exports to co-produce at leastthree films.The films willbe financed by Biswas through AB Exports and she will serve as executiveproducer on them; Panettiere will act as producer.The titles are: TheAgenda, a thrillerwritten by ...
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Had To Be Made Festival teams with VSDA for independent market
The VideoSoftware Dealers Of America (VSDA) and the Had To Be Made Film Festival(HTBMFF) have teamed up to launch a new video/DVD mini-market at this year's2003 VSDA Home Entertainment convention in Las Vegas (July 29 to 31)."VSDApartnered with Had To Be Made to bring industry professionals together toconnect and find ...
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Rogard appointed to head French writers' union
Independant French film veteran Pascal Rogard has been named managing director of France's writers' union, the Societe des Auteurs et Compositeurs Dramatiques (SACD). Rogard will take up the post on January 1, 2004 after the departure of current chief Olivier Carmet.Rogard is currently head of the union of French film ...
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New Zealand introduces incentive for big budget films
The New Zealand Government has announced that producers who choose New Zealand as a location for their big budget projects will be handed back 12.5% of their production expenditure. Those spending $30m (NZ$50m) locally will automatically qualify for the grant, but if the local expenditure is $9m-$30m (NZ$15m-NZ$50m) it must ...
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German exhibitors threaten UIP boycott
A group of German exhibitors is threatening to boycott UIP's forthcoming releases of The Hulk (3 July ) and Sinbad (24 July) because of the introduction of a new rental system which sees the percentage cut taken by the US major rising to 55% for the release of Van Helsing ...
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Spanish Mystery tops Moscow film festival
The 25th Moscow International Film Festival closed on Sunday night with the grand prix going to Spanish director Miguel Hermoza for La Luz Prodigiosa (The End Of A Mystery) a drama set at the beginning of the Spanish Civil War. Koktebel a Russian road movie about a young boy ...