All News articles – Page 5117
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Korea's Cinema Service plans own studio and multiplex circuit
South Korean major Cinema Service has successfully carried out a merger with its parent company, Locus Holdings, at the same time completing a major internal restructure to facilitate the construction of its own studio and its entry into the exhibition sector.Construction of a new studio complex in Paju is expected ...
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Olivennes departure plunges Vivendi into crisis
Denis Olivennes, Canal Plus' director general and director of Vivendi Universal, resigned on Friday in protest at the financial pressures being put on the company by its chief executive Jean-Marie Messier.The shock resignation - delivered in a three line note - rounded off a desperate week for Vivendi Universal and ...
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Parkhill has start date to dot the i for Summit
Summit Entertainment has scheduled April 21 to start production on dot the i, an urban love triangle story starring rising Mexican actor Gael Garcia Bernal, (Y Tu Mama Tambien, Amores Perros).Award-winning novelist and screenwriter Matthew Parkhill makes his writer-director debut on the project, from UK production company Arcane Pictures. The ...
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Oscar-winner Noe Productions files for insolvency
Winning the Oscar for best foreign film came too late to bring much comfort to Noe Productions. The company, which was the French co-producer on Danis Tanovic's No Man's Land and has previously been behind pictures such as Train De Vie and Les Portes De La Gloire, was declared insolvent ...
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Murdoch seen moving in on KirchPayTV
The prospect of the KirchGroup's pay TV unit KirchPayTV filing for insolvency is now appearing 'extremely unlikely', according to a report in the German Sunday newspaper Welt am Sonntag (WamS).Sources close to talks told the newspaper that Rupert Murdoch is allegedly prepared to stump up Euros 600m to increase his ...
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Verhoeven, FilmFour partner for historical epic
Paul Verhoeven, the Dutch director of such US blockbusters as Robocop, Total Recall and Starship Troopers, and the UK's FilmFour have partnered on an epic film adaptation of one of the most shocking episodes in Dutch history. The partners are to shoot a film about the murderous aftermath of the ...
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Laudadio re-opens Taormina to non-English films
For the first time in three years, Italy's prestigious Taormina Film Festival will once again be open to non-English language films. Artistic director Felice Laudadio said the decision to accept international pictures to the popular summer event had been taken post-September 11th. "Taormina will continue to be a launch-pad for ...
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Barbet Schroeder becomes Critics Week godfather
Barbet Schroeder, the acclaimed international director responsible for Barfly Our Lady Of The Assassins and Reversal Of Fortune, is to be the godfather of the Critics' Week sidebar at Cannes.Schroeder, (pictured at left, on the set of his latest directorial effort, Murder By Numbers) will be honoured by a screening ...
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Sharp slide in VCL shares
Shares in VCL, the German video and production finance group, swung violently today. Having closed on Thursday (Apr 11) at Euros0.93, the shares dipped at one stage to Euros0.40. At 1300 GMT they had recovered to Euros0.73, a drop of 21% on the day.The company offered no explanation for the ...
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Fourth Korean film to be remade by Hollywood
Warner Bros has bought the remake rights to Lee Hyun-seung's Korean melodrama Il Mare from South Korean production company Sidus Corporation, making it the fourth film to be acquired for adaptation by a major Hollywood studio.The terms of the deal provide for an initial $500,000 plus a further 2.5% of ...
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Hollywood races to remake Korean comedies
Two Korean hit comedies from 2001, My Sassy Girl and Hi, Dharma!, have been sold to Hollywood studios for English-language remakes. Korean distributor IM Pictures revealed that DreamWorks SKG has bought remake rights to My Sassy Girl (pictured) for $750,000 plus 4% of worldwide revenues earned by the remake. ...
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Olmi's Arms embraced by Italy's Oscars
Ermanno Olmi's 16th century war epic The Profession Of Arms swept the board at the David di Donatello awards - Italy's Oscars - scooping nine prizes last night (April 10), including best film, best director and best screenplay. The Profession Of Arms won a prize in every category it was ...
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Medusa acquires Pinocchio as part of Cecchi Gori package
Italy's leading distribution outfit, Medusa Film, has grabbed theatrical rights to six films including Roberto Benigni's eagerly-anticipated Pinocchio (right) from beleaguered former powerhouse Cecchi Gori group.Pinocchio producer Elda Ferri and Medusa were unwilling to reveal financial details of the deal. However, sources close to the production believe the amount to ...
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Hong Kong's TVB believed close to dropping Galaxy launch plans
Hong Kong's leading broadcaster TVB has denied reports that it is pulling out of the local pay-TV market by dropping plans to launch its $640m (HK$5bn) Galaxy Satellite Broadcasting platform.According to a report in Hong Kong daily, the South China Morning Post, TVB board members, led by chairman Sir Run ...
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RAI to handle sales on Bellocchio's Cannes contender
RAI Trade, the film sales division of Italy's state-owned broadcast giant RAI, has picked up international distribution rights to Marco Bellocchio's Hour Of Religion. Organisers at the David di Donatello awards ceremony held on April 10, announced that the Italian auteur's film will receive its international premiere at Cannes, where ...
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Former Canton executive joins Senator in LA
Former Canton Coexecutive Nathan Kahane has joined LA-based Senator International as executivevice president, motion pictures, following the conclusion this week of asyndicated loan of 230m euros ($202m) by parent company Senator Entertainment.Kahane will headthe development and acquisition of feature films for Senator Internationalreporting to president Joe Drake and Senator Entertainment ...
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Fireworks strikes output deal with TeleMuenchen
Fireworks International, the London-based sales arm of Canadian film and TV group Fireworks Entertainment, has struck an exclusive output deal with Germany's TeleMuenchen (TMG) covering all its TV programming.In German-speaking Europe, TMG, which has production, broadcast and distribution interests will handle Fireworks' entire slate. It will also represent Fireworks on ...
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Japanese debut wins Paris festival's top prize
Shoujyo (An Adolescent) (below) the first film directed by Japanese actor Eiji Okuda, won the top prize at the 17th annual Paris Film Festival (April 1-9).Mayu Ozawa who debuted as an actress in the film, also received the best actress award at the event.The film, based on the novel by ...
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Female director is Korea's youngest ever
South Korea's Ahn's World Production has begun principal photography on its first feature in three years, a romantic comedy to be shot by 25-year old female director Moh Ji-eun. Moh, a graduate of the prestigious Korean Academy of Film Arts (KAFA), is believed to be the youngest Korean ...