A team of
HandMade Plc will be dividedinto HandMade Films International, a sales marketing and distribution arm thatwill take over Sequence/IAC Films, and a film production arm called HandMadeFilm Productions. The up-to-$8.3m (£4.4m) deal for Sequence/IAC, includingthose libraries, was struck with Guy Collins, Michael Ryan and Stephen Kay'sAcme IIL. Collins and Ryan will now head HandMade Films International, tohandle worldwide sales, distribution and marketing on new HandMadeproductions and the existing Sequence and IAC slate. The companies will starttrading under the name HandMade at next week's AFM, and will cease to be knownas Sequence and IAC.
HandMade's combined librarywill include 105 features such as Withnail& I, Mona Lisa, Time Bandits and Long Good Friday. The company will seekto maximise library assets through new license agreements and remakes andsequels. The sales slate also includes new projects such as Manolete, Highlander The Source, and forthcoming Tales Of The Riverbank, Stone Angel and The Heart Of The Earth.
HandMade FilmsInternational's board will include Ravden, Peter Parkinson, Collins and Ryan.Carl Clifton, veteran of PolyGram, Universal and Film4, will join as head ofinternational sales and Amanda Kenyon, who worked with Collins and Ryan atSequence/IAC, will serve as head of marketing.
Antony Rufus Isaacs, whoproduced films including 9 ' Weeks,will run the production and financing arm, and he will serve on that board withCollins and Ryan.
With its rights to the Eloise books by Kay Thompson andillustrated by Hilary Knight, HandMade plans to develop a "big-budget liveaction theatrical feature" entitled EloiseIn Paris as its first new production. Erin Josclynwill write the screenplay from the novel of the same name, and the UK-Frenchco-production will shoot in
Other new productionsplanned include Dogs, a co-productionwith
"HandMade represents a greatname, a great company with a great history," said chairman Meehan, who acquiredHandMade after its decline in recent years. "For many, it's one of the heroesof the British Film Industry. We willtake that reputation and tradition to build an ever greater, integrated
Added Sequence's Collins andRyan: "At Sequence over the last two and a half years, working with some keyindustry partners, we have financed and sold an unprecedented number of movies,many co-productions, using all manner of financing tools. Coming together withPatrick, David and Antony at HandMade gives all of us an incredible opportunityto build this wonderful brand into a company that was the vision at itsinception."