All News articles – Page 5155
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IM profit warning clouds Spyglass deal
Neuer Markt-listed Internationalmedia's (IM) announcement that it will miss its 2001 targets has clouded analyst enthusiasm about the Spyglass takeover deal and sent shares falling by over 20% to Euros 18 by mid-afternoon Monday (Jan 14).In an ad.hoc announcement for the Spyglass transaction, IM also declared that "according to first ...
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Large format Beauty & The Beast's $8m fortnight
Disney's North American large-screen format release of Beauty And The Beast is performing at near-record box office levels across the giant screen US network. Playing on 67 screens in the U.S. and Canada, the film has grossed $8m since its Jan 1 launch including approximately $2.1 million over last weekend.In ...
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Hamburg's public film fund under threat
The German city of Hamburg's status as a film and TV production location is under serious threat following plans by the new Senate to slash almost $915,000 (DM 2m) from the 2002 budget for the city's public FilmFoerderung film fund.Until now, the city's cultural and economic senates had each contributed ...
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California proposes production tax incentives
An apparently escalating decline in local production has prompted the state of California to propose a tax incentive to encourage film and TV producers to shoot in the state. California governor Gray Davis has announced that, if instituted, the labour-based tax credit would return $230m to the production community over ...
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Tragic death of indie film-maker Ted Demme
Ted Demme, the film director who most recently made Blow starring Johnny Depp and Penelope Cruz, died tragically of a heart attack yesterday aged 37.Demme, the nephew of Oscar-winning film-maker Jonathan Demme, had forged a reputation as a film-loving commentator on the Independent Film Channel (IFC) as well as director ...
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Miramax goes Tadpole fishing at Sundance
The Sundance Film Festival has once again witness an aggressive bidding war as Miramax Films outgunned Fox Searchlight Pictures to grab worldwide rights to Gary Winick's shoestring-budgetTadpole for around $6m. At the same timeas many as five leading distributors continue in hot pursuit of Miguel Arteta's The Good Girl.But bragging ...
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Redford launches all-documentary US channel
Sensing a new-found hunger fortruth in light of everything that has happened in the world since September11th, Robert Redford is stepping up his involvement in the non-fiction sphereby launching both a new US documentary network and also assuming control of afund that has until now seeded as many 50 international ...
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Broadcast Critics shower kudos on A Beautiful Mind
A Beautiful Mind dominated the Broadcast Film Critics Association awards over the weekend, taking the awards for best film of the year as well as director for Ron Howard, actor for Russell Crowe and supporting actress Jennifer Connelly.Howard tied with Baz Luhrmann for the director prize for Moulin Rouge. Other ...
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Samuel Goldwyn Films gets US on Das Experiment
Samuel Goldwyn Films has acquired US rights to Oliver Hirschbiegel's Das Experiment, the German box office hit which is also the Germany entry for the Best Foreign Language Film Academy Award. The deal was struck by Joe Drake, president of Senator International which represents the film, with Samuel Goldwyn Films' ...
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Spyglass, Intermedia merge into indie giant
As anticipated, independent powerhouse Intermedia has signed an agreement to merge with Gary Barber and Roger Birnbaum's Spyglass Entertainment. This creates an entity with an annual output of major movies as big as any studio and bringing The Walt Disney Studios (TWDS) into the company as a shareholder and potential ...
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Orange County is strong but Rings, Mind still top
Paramount Pictures enjoyed a strong estimated $15.1m opening with teen comedy Orange County over the weekend in North America but it was not big enough to topple New Line's The Lord Of The Rings: The Fellowship Of The Ring and Universal's A Beautiful Mind from the top two slots.Fellowship, playing ...
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Sudden, major changes announced at Spain's Admira
Spanish powerhouse Admira underwent a radical shake-up Friday (Jan 11) when parent company Telefonica announced the replacement of executive president Juan Jose Nieto by Luis Abril, who was appointed secretary general of Telefonica last year.Likewise, Juan Ruiz de Gauna, CEO of Admira's digital satellite TV platform Via Digital, was replaced ...
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Javier Bardem tipped for Scott's Pancho Villa role
Oscar-nominated Spanish actor Javier Bardem is in the running to play Mexican revolutionary hero Pancho Villa in a forthcoming film for director Tony Scott.Scott told Mexican newspaper La Jornada that he is considering Bardem for the role of the turn-of-the-century icon in a project he hopes to begin shooting in ...
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Euro is best thing to happen to European film
Less than two weeks after its official launch, a top European film executive has described the Euro as "the best thing that ever happened to the European film industry".Juergen Schau, head of Columbia Pictures' German subsidiary, said the single currency would have a dramatic impact on the European film industry, ...
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Shake It All About stirs up Danish awards list
First-time director Hella Joof's crowd-pleasing romantic comedy Shake It All About (En Kort En Lang) heads the list of nominations for the Robert awards, a prize giving ceremony that will cap off a sparkling year for Danish film.The film garnered 13 nominations, including best film, best direction, best actor (Mads ...
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IMAX and IT Int'l add two more Euro complexes
A cinema construction contract between giant-screen entertainment company Imax Corp. and Israel-based exhibitor IT International (I.T.) has been expanded from seven cinemas to nine. The additional theatres, scheduled to open in 2003, will be located in Athens, Greece and an undisclosed European location. I.T.'s first Eastern European location opened in ...
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Pony Canyon launches sci-fi extravaganza Returner
Production has started on Returner, a CGI extravaganza that promises to be one of the biggest Japanese releases of 2002. Directed by Takashi Yamazaki and starring Takeshi Kaneshiro, Returner is a sci-fi thriller about a killer for hire who boasts a matchless martial arts technique but has a soft spot ...
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Brosnan stays on board for Bond films 20 and 21
Pierce Brosnan has revealed that he plans to play James Bond in another film, which will take the Irish actor's tally of Bond appearances to five.Speaking at a press conference at Pinewood Studios, where the still-untitled 20th Bond film is gearing up to start shooting on Monday (Jan 14) Brosnan ...
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Christa Saredi bows out of world sales sector
Veteran film sales agent Christa Saredi is to shut up shop this Spring after more than two decades in the business.The decision means the closure of the highly successful Zurich-based outfit that bears her name - World Sales Christa Saredi - as well as Orfeo Films International, a Cologne-based joint ...
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David Lynch to head Cannes jury
David Lynch, whose Mulholland Drive is just starting a successful European release, is to head the jury of this year's Cannes film festival (15-26 May).Lynch a Cannes regular, said: "I am filled with excitement, fear and the full meaning of responsibility as I accept this honour to be named ...