All News articles – Page 5325
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Imax Corp issues profit warning
Imax Corporation will post a third-quarter loss, according to a release issued late Wednesday. The news will further complicate the company's search for a buyer. The giant screen entertainment company has been hit by the downturn amongst theatrical exhibitors in North America. Since August three US circuits - Edwards Theatres, ...
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Film Council taps Swift as literary scout
The UK's film super body the Film Council has appointed Susan Swift as a literary scout as part of its bid to take a pro-active stance within production circles.Swift will act as a consultant to the Council, working closely with Robert Jones, head of the Council's main fund for commercially-oriented ...
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Arranque pacts with Helkon subsidiary
Hamburg-based production outfit Arranque Film has concluded a first-look deal with KinoFilm Muenchen, a subsidiary of German production and distribution group Helkon Media.Arranque Film was founded by German actor Kai Wiesinger, his sister Kati Wiesinger and wife Chantal de Freitas in 1999 to develop projects for cinema and TV. This ...
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EXECUTIVE SUITE - Rosa Bosch
One of the founders of production and sales posse Tequila Gang, which signed a first-look deal with Spain's Sogepaq during the San Sebastian film festival, talks to Patrick Frater about the new Mexican wave.What were the ideas behind the establishment of Tequila Gang two years ago' Do they still hold ...
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Crimson Rivers floods French box office
The Crimson Rivers (Les Rivieres Pourpres), which opened in France on Sept 27 to mixed reviews, attracted nearly one million admissions in its first week. The Gaumont title, a thriller directed by Mathieu Kassovitz and starring Jean Reno and Vincent Cassel, carved a huge 39% share for itself in its ...
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Arbol buys stake in Capa Barcelone
Spanish TV production house Grupo Arbol has acquired a 50% stake in Capa Barcelone, the local subsidiary of French production outfit Capa, according to a report in financial paper Cinco Dias.The two companies complement each other: Arbol is home to Spain's leading TV fiction producer, Globo Media, while Capa Barcelone ...
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Palace, Pusan Story share top prize at PPP
The staff cutbacks sweeping through AOL Time Warner following its recent merger approval have now reached as far as the New York and London offices of Fine Line Features, the specialised offshoot of New Line Cinema.On Tuesday, Fine Line's New York staff were informed that their ranks would be pruned ...
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Vivendi Universal fights for EU greenlight
Vivendi is reportedly considering concessions including selling its 20% stake in BSkyB in order to prevent the European Commission from launching a four-month investigation into its three-way merger with Canal Plus and Seagram. The Commission has until the end of the day to rule on the deal. It was widely ...
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X-Men crosses the $100m international barrier
20th Century Fox's summer blockbuster X-Men has broken the $100m barrier in international territories, bringing its worldwide cumulative gross to over $250m. Bryan Singer's film based on the Marvel Comics characters opened last weekend in Spain and Japan, bringing its international total to $106.1m. It has been on release for ...
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Myriad backs Greenwald in Ellroy's Dark Places
Fast-growing Myriad Pictures, Kirk D'Amico's LA-based production and sales outfit owned by publicly-traded German media outfit IN-motion, is to co-produce and fully finance My Dark Places: An LA Crime Memoir, the film of James Ellroy's autobiographical crime novel. The film will be directed by Robert Greenwald and Myriad is co-producing ...
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Mediatrade launches Cross Media unit
Mediatrade, the rights trading arm of Italian media giant Fininvest, is setting up an umbrella organisation, Cross Media Factory, to seek synergies between Fininvest's publishing, internet, film and television arms.Mediatrade president Maurizio Costanzo and managing director Roberto Pace said the first projects for the new company, which aims to be ...
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Common Wealth in line for English-language remake
Spanish outfit Lolafilms, headed by CEO Andres Vicente Gomez, is negotiating the sale of remake rights on Alex de la Iglesia's Common Wealth (La Comunidad) to US-based producer Arthur Sarkissian (Rush Hour, Last Man Standing).The film - which opened the San Sebastian International Film Festival last month to strong reviews ...
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Winchester takes on Soul Assassin
Winchester Films has boarded $8m action thriller Soul Assassin starring Skeet Ulrich and Kristy Swanson as international sales agent. Winchester will launch the film, which started shooting on Monday, at London Screenings and MIFED.Directed by Larry Malkin and produced by well-known Dutch distributor-producer San Fu Maltha, Soul Assassin is being ...
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French admissions on course for record high
Cinema attendance in France is expected to reach a record high in 2000, according to film body the Centre National de la Cinematographie (CNC), partly because of the success of exhibitors' loyalty card schemes.The CNC found that admissions have risen 16% during the first nine months of 2000 and could ...
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Venezuela's Caracas performs well on home turf
Venezuelan drama Caracas, Love Me to Death (Caracas, Amor A Muerte) (formerly titled The Valley) has lured more than 50,000 admissions since its September 13 debut from just two cities in Venezuela. Leading distributor Cinematografica Blancica released it on less than 10 prints in the capital of Caracas and Maracaibo. ...
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MTG restructures; appoints Albrecht as CEO
Sweden's Modern Times Group (MTG) has added a new business unit, New Media, and appointed Hans-Holger Albrecht as president and CEO. At the same time, Anders Nilsson, formerly head of MTG's publishing unit, has been promoted to senior vice president. Albrecht was formerly COO of the company.The New Media unit, ...
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South Korea keeps up screen quotas fight
South Korea's Coalition for Cultural Diversity in Moving Images (CDMI) is an organising a symposium involving government ministers on November 8 due to continued fears that the country's screen quota system could be abolished.The CDMI, which has carried out a global campaign for the retention of quotas over the last ...
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Princess, Baise-Moi to compete at Gijon
Tom Tykwer's The Princess And The Warrior, controversial French film Baise-Moi and US indie title Chuck And Buck are among the titles that will compete in the official section of this year's Gijon International Film Festival in Spain. The festival, which takes place November 24 - December 1, is known ...
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Harrison Ford confirms lead in Intermedia's K-19
Harrison Ford has confirmed that he will star in his first independently distributed movie - cold war submarine thriller K-19: The Widowmaker to be financed and distributed by Intermedia. The film, which immediately jumps to the top of buyers' hit lists for London Screenings and MIFED, is to be directed ...
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EU confirms clearance of AOL-TW deal
As expected, the European Commission has cleared AOL's $135bn take-over of Time Warner after the two companies agreed to make concessions to ensure that they would not dominate Europe's fledgling internet music market.These include the agreement that Germany's leading media company Bertelsmann AG will "progressively exit" from its 50:50 joint ...