Small MPU – Page 1699
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Equator posts $2m pre-tax loss for 2002
Equator Group, the UK media concern which earlier this year ended take-over talks with Handmade Films, has posted a pre-tax loss for last year of $2m (£1.2m).The red ink was in contrast to a profit of $789,000 (£475,000) the year before. Equator's sales also dropped steeply, falling to $613,000 (£369,000) ...
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Ten first-time directors to compete at Guadarrama fest
Asif Kapadia's The Warrior and Eduard Cortes' Nobody's Life (La Vida De Nadie) are among the ten films to compete at next week's second annual International Film Festival of Guadarrama in Spain (July 12-23).Only first-time feature directors are eligible to compete at Guadarrama, where jury and public prizes are awarded. ...
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RTL, Planeta reach agreement on Antena 3
Luxembourg-based RTL Group and Spain's Grupo Planeta have reached an agreement which could see both companies increasing their stakes in Spanish free-to-air broadcaster Antena 3.Following the IPO of Antena 3 planned before year-end, RTL Group and Grupo Planeta could up their respective 17.2% and 25.1% shares in the channel, the ...
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Lombardo promoted to president of Cinesite Hollywood
Dan Lombardo has been namedpresident and Jerry Pooler is stepping into a new role of executive director,creative, at Cinesite Hollywood, the LA digital facility which was founded in1992 and opened Cinesite (Europe) in London in 1994.Lombardo, who joinedCinesite two years ago as vice president of production, will also continue inthe ...
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Time Warner grabs key foothold in Spanish pay-TV
Warner Bros. International Television (WBIT) has paid around $32m for a ten per cent stake in Spain's leading pay-TV operator, Canal Satellite Digital (CSD), exercising an option first offered in 1997. Sogecable remains the majority shareholder of CSD with 83% of the digital platform that had more than 800,000 subscribers ...
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Angels go Full Throttle with $12.5m in 11 territories for CTFDI
Charlie'sAngels: Full Throttleopened with a kick in 11 territories over the weekend, taking $12.5m on 1,386screens for Columbia TriStar Film Distributors International (CTFDI).The actioner opened day-and-date with the US in thecountries and topped the charts in nine of the 11. In the remaining twoterritories, it was the highest grossing Hollywood ...
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Locarno unveils jazzy innovations
The top trio from the Locarno festival - artistic director Irene Bignardi, president Marco Solari and selector Teresa Cavani - were on hand yesterday to introduce the innovations of this year's festival. The Leopard of Honour will be presented to UK director Ken Loach, while this year's tribute to a ...
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Italy's Cattleya unveils dynamic production slate
Founded in 1999 by former Medusa producers Riccardo Tozzi, Marco Chimenz and Giovanni Stabilini, Cattleya is proving itself to be one of the most dynamic independent production companies in Italy today.On Tuesday, Tozzi announced a slate of high-profile films that the company is preparing for the 2003-2004 season, featuring such ...
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Macquarie, Nine raise $13.6m for second production fund
Australians had reached into their pockets for $13.6m (A$20m) by the time the clock struck midnight on June 30, the deadline for investment in Macquarie Bank and the Nine Network's second film and television production fund. While they did not dig as deeply as last year, which saw $16m (A$23.6m) ...
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Wiedemann to head new Danish talent development fund
Editor turned scriptwriter turned film commissioner, Vinca Wiedemann, has been appointed artistic director of the new $3.9m Talent Development Fund at the Danish Film Institute (DFI). The new fund has been established by public broadcasters DR, TV2/Danmark and the Film Institute as part of the four-year media agreement. Its starts ...
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Highsmith's White On White starts UK shoot
Shooting started in the UK this week on White On White, the latest outing of Patricia Highsmith's anti-hero Ripley, produced and backed by German fund Cinerenta. Lakeshore Entertainment is handling international distribution.Based on Highsmith's novel Ripley Underground, the protagonist Tom Blessing - AKA Ripley - will be played by Barry ...
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Vienna International Film Festival courts controversy
The seeds for a potentially controversial Vienna International Film Festival (Viennale, October 17-29) have been sown with the inclusion of two special programmes - one dedicated to US actor-director Vincent Gallo and the second to Austrian filmmaking as a riposte to Austria's Secretary of State for the Arts Franz Morak.The ...
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Hochbetrieb wins FFA Short Tiger award
Hochbetrieb by Filmakademie Baden-Wuerttemberg (FBW) student Andreas Krein has won this year's Euros 25,000 Short Tiger award sponsored by the German Federal Film Board (FFA) for students at German film schools.The other five nominees - including two fellow FBW students, Sven Martin (Ritterschlag) and Anna Matysik (Post Card), Oliver Held ...
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South Africa to host second '3 Continents' film festival
South Africa will host the second 3 Continents Film Festival this September, showcasing recent documentary and feature-length films from Latin America, Africa and Asia that explore human rights issues. The 3 Continents Film Festival is an initiative of Lawyers for Human Rights (LHR), Southern African Communications for Development (SACOD) and ...
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France increases production aid to encourage export
The French national cinema centre (CNC) has announced the establishment of a new form of aid to filmmakers based on export potential.L'IFCIC, the institute for film and cultural industry financing, which acts as a guarantor for loans made to filmmakers - most notably behind film finance structure Coficine - will ...
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Gilliam's Quixote saddles up with European backers
After tilting in vain at so many financing windmills for the past year, Terry Gilliam has finally lined up a combination of European funding partners for his long-cherished The Man Who Killed Don Quixote.French majors Pathe and Le Studio Canal Plus are teaming up with French production outfit Hachette Premiere ...
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Internationalmedia stock gets boost from T3 expectations
Shares in IM Internationalmedia, Intermedia's corporate parent, rose 19% this week ahead of the US release yesterday of the company's high stakes behemoth, Terminator 3: Rise Of The Machines.Shares in the US-German film operation were at Euros 1.61 at press time late yesterday afternoon, 1.23% down from Tuesday's close of ...
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Spanish digital merger concluded
Spain's Sogecable and Via Digital have completed the merger of their pay TV platforms, joined in new unit Digital+, with Wednesday's integration of Telefonica-backed Via Digital into Grupo Prisa and Groupe Canal+ -backed Sogecable. Digital+, the merged offspring of Canal Satelite Digital (CSD) and Via Digital, will be launched at ...
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Rywin teams with Atlantic Alliance for Holocaust drama
AtlanticAlliance Pictures, a recently formed joint venture between two US producers anda third in the UK, has teamed up with Lew Rywin and his Heritage Films inPoland to produce its first feature Love Is A Survivor.Heritagecollaborated with both Steven Spielberg on Schindler's List and with Roman Polanski on ThePianist, although ...
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Academy gets tough on Oscar campaigning
The Academy OfMotion Picture Arts & Sciences yesterday issued strict new guidelines overmarketing practices for Oscar contenders. They aren't guidelines anymore,the Academy statement said, they are 'regulations.'The Academythreatens suspension of membership or expulsion if members indulge in campaignactivities which have undermined the letter or spirit of the regulations andeven suggests ...