The future of SenatorEntertainment has become much brighter after the producer-distributor's100-plus creditors agreed unanimously at a meeting in Berlin today (Wednesday)to accept the insolvency restructuring plan drawn up by the court-appointedreceiver Rolf Rattunde.

Rattunde said that the plan meant that the filmconcern's existing range of services - encompassing production, distributionand world sales - could be preserved."

Deutsche Bank's London unit, which took on loansamounting to Euro 168m owed to a consortium of five German banks in June, againreaffirmed its intention to support the insolvency plan and see Senator stay inbusiness.

More details about Senator's future will beannounced at a press conference to be held tomorrow.