All News articles – Page 5230
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Cuaron causes stink over Mexican ratings system
Mexican directorAlfonso Cuaron and his producing partner Jorge Vergara are demanding anoverhaul of the Mexican ratings system after Cuaron's current box office hit Y Tu Mama Tambien was slapped with a C rating, restricting it to local audiences aged 18 andabove.Although commerciallylimiting, the C certificate has not stopped the raunchy ...
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High ticket tax in Argentina bites into box office
Higher taxes onbox office tickets have forced exhibitors to raise ticket prices in Argentina.These have gone up as much as 15% in some areas, further aggravating dwindlingadmissions in a country deep in recession.According to a leading distributor, last year a mid-sized film such as Heartbreakers could have drawn an average ...
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German film fund launches minimum guarantee scheme
German producers and filmmakers are set to benefit from a new private film investment fund, entitled German Film Productions (GFP), which is to be launched within the next six weeks to raise $21.6m (DM 50m) from private investors by the end of 2002. A total of 20 projects, split between ...
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StudioCanal acquires 45% of Sogepaq for $36m
StudioCanal, the European film division of Vivendi Universal, is buying into its Spanish partner Sogepaq.StudioCanal, which is itself set to be absorbed within Universal, is paying Euros42.75m ($36.2m) to Sogecable for a 45% stake in Sogepaq. Sogepaq, which is responsible for Sogecable's film and TV acquisition, management and marketing activities, ...
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Domestic favourites tipped for Norwegian Oscars
Local box office hits predominate the nominations for the 2001 Norwegian Amanda Awards, Norway's equivalent of the Academy Awards.Pal Jackman's thirtysomething romantic comedy Detector produced by Norway's Christiania Film, which got three nods, and Norsk Film's documentary Cool and Crazy by Knut Erik Jensen about a male choir in a ...
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The Believer wins top Moscow prize
The 23rd Moscow International Film Festival ended on a high note on June 30th with Jack Nicholson attending the closing ceremony to accept the Stanislavsky Award for lifetime achievement.The actor who was attending the festival for a special screening of The Pledge dominated the event with a 90 minutes press ...
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Hong Kong's FilMart struggles to sell itself
For all the enthusiastic efforts of its organisers, FilMart, Hong Kong's annual film and television programmes market continues to fight for its place in the calendar. The fifth edition of FilMart, ended on Friday with a whimper, rather than a bang. "This year, 130 film and TV companies from 17 ...
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The Believer wins top Moscow prize
The 23rd Moscow International Film Festival ended on a high note on June 30th with Jack Nicholson attending the closing ceremony to accept the Stanislavsky Award for lifetime achievement.The actor who was attending the festival for a special screening of The Pledge dominated the event with a 90 minutes press ...
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Actor negotiations continue past Saturday deadline
The deadline came at midnight on Saturday (June 30) but negotiators for the Screen Actors Guild (SAG) and the American Federation Of Radio And Television Artists (AFTRA) returned to the table on Sunday morning (July 1) to continue discussions with the Alliance Of Motion Picture And Television Producers (AMTP) - ...
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Jason Isaacs stars in US indie romcom Passionada
Jason Isaacs, the English actor whose credits include key roles in The Patriot, The End Of The Affair and Armageddon, has taken the lead role in independent drama Passionada, currently shooting in Massachussetts.Directed by Dan Ireland (The Whole Wide World), Passionada is a romantic comedy about a Portugese widow whose ...
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Clear Blue, USA, ARP all ascend to Haynes' Heaven
Clear Blue Sky Productions, the US film production outfit founded by billionaire Paul Allen and run by his sister Jodie Patton, agreed on Friday to co-finance Todd Haynes' $12m-$15m Far From Heaven under a novel arrangementthat sees it sharing in all revenues with both USA Films and ARP of France, ...
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StudioCanal is subsumed within Universal Pictures
Europe's StudioCanal is set to lose its independence by being delisted from the Paris stock exchange and then folded into Universal Pictures, its stable-mate within the VivendiUniversal empire. The integration comes less than 15 months after StudioCanal was first floated on the bourse as a standalone force in international production ...
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German toon house RTV snags Australia's Energee
German animation production-distribution entity RTV Family Entertainment has taken over full strategic and operational management at the Australian animation studio Energee Entertainment.The Travers family, founders of the studio, have resigned from all operations and board seats but will continue to hold a minority interest of 32% for the time being.Commenting ...
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$5m Night Witches readied for Russian shoot
Night Witches, a new $5m Russian-UK co-production, is set to begin shooting in Russia in autumn, it was announced at the Moscow International Film Festival. Actor Alexander Siddig, best known as Dr Bashir from TV's Star Trek: Deep Space Nine, will make his feature directorial debut with the film which ...
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Spain confirms new film promotion laws
Spain's Ministry of Culture confirmed that a much debated new Cinema Support and Promotion Law was approved by Parliament on Friday, June 22.The law mostly codifies existing film initiatives. However, it does pass into effect a new requirement that Spanish broadcasters invest 3% of their annual earnings in Spanish ...
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Psycho, Vampire turn around Lions Gate fortunes
Lions Gate Entertainment achieved net income of $5.7m (C$8.7m) in its fiscal year ended March 31, 2001, compared to a net loss of $3.5m (C$5.3m) the previous year. The company credited the turnaround on a strong fourth quarter driven by theatrical releases such as American Psycho and Shadow Of The ...
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Helkon right on track for meeting 2001 targets
While other Neuer Markt-listed German media companies have been issuing profit warnings in the past few weeks, Helkon Media is still on course to post the $138m (DM318m) sales and $19.5m (DM45m) EBIT which were forecast for the financial year 2000/2001 last September. Announcing results for the nine months from ...
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Japan's Gaga goes live on Tokyo NASDAQ
Leading Japanese independent distributor Gaga Communications officially listed on the NASDAQ Japan market on Friday, June 29. Opening at $8.25 (Y1,030), the share price rose to a high of $8.53 (Y1,064) and fell to a low of $7.89 (Y985) before closing at $7.95 (Y992). A total of 62,950 shares were ...
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TV Forum Europe to target international buyers
Organisers of the newly created TV Forum Europe have unveiled details of the event, which will celebrate its first edition next year in Barcelona between February 18-21.According to organiser Bernard Chevry, the Forum "is reserved exclusively for the commercialisation of rights to European television product and is directed at buyers ...
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Advanced takes step back as cash flow woes bite
Germany's Advanced Medien has failed to meet investment plans for Wolfgang Petersen's Red Cliff Productions and has been forced to end a $15.1m package deal with StudioCanal. The ailing rights trader has revealed that it had provided Petersen's US-based production outfit a certified letter of credit worth $3m instead of ...