All News articles – Page 5365
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India's Mukta Arts unveils flotation plans
Subhash Ghai's Mukta Arts has lined up a $25m initial public offer on the Mumbai stock exchange for the second week of July, making it the first major Indian film production company to go corporate.The 17-year-old company has produced a string of Hindi hits including Taal, the first Indian feature ...
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Pizza King reigns at Spain's Cine Jove
Danish director Ole Christian Madsen last week walked away with the top prize at Spain's Cinema Jove International Film Festival, the Luna de Valencia (Valencian Moon), for his film Pizza King. Made on a budget of $800,000, Pizza premiered in Denmark to a strong audience turnout after distribution problems delayed ...
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Canal Plus shareholders oppose merger terms
ADAM, a group of activists which lobby on behalf of minority shareholder rights in France, says it will oppose the three-way merger of Canal Plus, Vivendi and Seagram.The group's chairman, Colette Neuville, said the group would seek to ensure that a rule obliging Vivendi to make a full public offer ...
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Big Momma fails to topple Gladiator
Big Momma's House failed to unseat Gladiator from the top of the UK box office last weekend as the Roman epic continued its glory run in the cinema arena. Gladiator scooped $1.5m (£1m) on its seventh weekend bringing its total to an unbelievable $36.7m (£24.4m). The Martin Lawrence comedy from ...
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Overseas completes $47m in new financing
Overseas FilmGroup has closed on the $17m equity investment by Rosemary Street Productions, the investment vehicle of New York-based commercial production and studio facilities company EUE Screen Gems Ltd. Overseas has also finalised a new five year, secured revolving credit facility with Chase Securities which has been increased from $30m ...
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Fine Line options script from O'Connor brothers
Fine Line Features has optioned Pride And Glory, a new script from Gregory and Gavin O'Connor, the same team behind Fine Line's Tumbleweeds. The script, which the brothers co-wrote with Robert A Hopes, is currently being reworked by Joe Carnahan, who wrote and directed Blood, Guts, Bullets And Octane.Gavin O'Connor ...
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Sundance Channel buys five Latin American pictures
US cable station Sundance Channel has acquired US television rights to five Latin American titles which will be broadcast in August as part of Arte Latino, a tribute to Latin American film-making.The films are Martin Rejtman's Silvia Prieto from Argentina, Mercedes Garcia Guevera's Hidden River from Argentina, Carlos Bolado's Bajo ...
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Ledwith gets promoted to vp at Universal Int'l
Jack Ledwith has been promoted to vice president, international distribution, at Universal Pictures reporting to Nadia Bronson, the studio's president of international marketing, distribution and operations.Ledwith joined Universal in 1996 as director of planning and analysis, international distribution; previously he had worked at Carolco Pictures as director of international sales ...
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STAR gets DreamWorks films for India & Pakistan
News Corp-owned STAR TV has concluded a deal with DreamWorks SKG to broadcast nine films on its STAR Movies channel in India and Pakistan. The titles include The Peacemaker, Deep Impact, Forces Of Nature, Antz and The Prince Of Egypt.The DreamWorks deal joins product from 20th Century Fox, The Walt ...
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European exhibitors urged to curtail over-building
Unless European cinema operators, particularly those in Germany, scale back their multiplex building ambitions then admissions per screen will reach dangerously low levels, a leading analyst has warned exhibitors attending the Cinema Expo convention in Amsterdam.Speaking at Monday's European Exhibition seminar, Karsten-Peter Grummitt of Dodona Research, the UK-based outfit normally ...
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Garage Olimpo wins at Italy's Golden Globes
Marco Bechi's Garage Olimpo, a drama about the so-called disappeared ones in Argentina, won best film at Italy's Golden Globes, the annual awards of the foreign press. Held in Rome's historic film studios of Cinecitta on the set of Ettore Scola's latest film, Concorenza Sleale, the event awarded best actress ...
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Kirch set to take over SAT1
The Kirch group is poised to take full control of Germany's populist commercial channel SAT1 in a deal worth upwards of $700m, according to local reports.Kirch is expected to buy the 41% stake in SAT1 which is owned by publisher Axel Springer. While Kirch offered no comment, Springer confirmed that ...
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Miramax takes option for stake in Bac
Miramax Films has secured the option to acquire a 1.9% stake in Bac Majestic, the holding company of Miramax's regular French distributor Bac Films, ahead of its float.Sales arm Miramax International has also renewed its distribution pact with Bac Films for three years. Bac, which is to float next month, ...
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LA Confidential's Hanson hits Melbourne festival
LA Confidential's Curtis Hanson will attend the Melbourne International Film Festival when the US director's Wonderboys opens the event.Hanson will also participate in a q&a session during the 19-day event, which runs from July 19 to August 6.Home-grown talent will be showcased on the closing night, with the local premiere ...
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United, Malone confirm broadband partnership
UnitedGlobalCom (United), the cable group that already controls one of the fastest growing broadband networks in Europe, will become the most important cable TV and high-speed internet player in Latin America. It is acquiring most of the international distribution and programming assets belonging to John Malone's Liberty Media.Under the terms ...
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Italy's Panorama pacts with US' Full Circle
Rome's Panorama Films has partnered with Los Angeles-based Full Circle Entertainment to develop and produce English-language films in Europe and the US, the Italian company has announced. Full Circle's Jolie Chain and Panorama co-directors Marco Valerio Pugini and Ute Leonhardt are in talks with local filmmakers Eduardo Winspeare (Sangue Vivo) ...
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Tykwer, Szabo secure German public funding
Tom Tykwer and Istvan Szabo are amongst the film-makers to secure cash in the latest round of funding awards from financing body the German Federal Film Board (FFA).Tykwer won funding worth $700,000 for his next feature, Heaven, from a script by the late Krzysztof Kieslowski and Krzysztof Pieseiewicz. The Berlin-based ...
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Granada float aims for $2.25 billion
Granada Media, the media arm of the UK's Granada Group, plans to raise up to $2.25 billion through its upcoming floatation, the company revealed on Monday.Granada Media, which is demerging from its media and hospitality parent, said the share issue could value the new company at more than $10 billion.The ...
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Diller re-grouping anticipates dealmaking binge
Barry Diller's USA Networks has streamlined itself into three distinct yet interrelated business units as a prelude to what many believe will another aggressive round of deal-making on both sides of the Atlantic especially now that this sprawling electronic empire is about to become affiliated with Vivendi Universal.The three divisions ...
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United, Malone carve out broadband powerhouse
UnitedGlobalCom, the holding company that already controls one of the fastest growing broadband networks in Europe, will become the most important high-speed internet player in Latin America after reportedly acquiring most of the international distribution and programming assets belonging to John Malone's Liberty Media.According to the Wall Street Journal, United ...
















