All Finance articles – Page 336
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Canada enjoys 17% rise in 'runaway productions'
Canadian film and television production increased to $3.3bn in 2000-2001 against $2.84bn in 1999-2000, driven in large part by a 17% increase in foreign location shooting - often referred to as "runaway production" by US film industry lobbyists. According to figures released today (Feb 7) by the Canadian Film and ...
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ApolloMedia lines up Hyams, Duguay projects
German private film fund ApolloMedia is lining up another three features in the Euros 25m-Euros 70m bracket with producer Moshe Diamant, which will see the fund reunited with directors Peter Hyams and Christian Duguay after working on D'Artagnan (The Musketeer) and The Extremists, respectively.According to the fund's production coordinator Jan ...
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Germany's VIP fund to back Richter's The I Inside
Munich-based Film & Entertainment VIP Medienfonds (VIP) is to back the first English-language project by Der Tunnel director Roland Suso Richter.VIP is to supply just over half of the budget for The I Inside which will go into production in March by Rudy Cohen's RCD Productions with a cast understood ...
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Bavaria Film Int'l, X-Filme expand relationship
German world sales company Bavaria Film International (BFI) and X-Filme Creative Pool, producer of the Berlinale's opening film Heaven, have agreed to expand their existing working relationship."Our goal is to intensify the co-operation with X Filme on an informal basis, which could go over and above the world sales business ...
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UK's Random Harvest launches horror label
UK production outfit Random Harvest has launched a new label to focus on horror and thriller titles aimed at the 16- to 21-year-old multiplex audience.Dubbed Four Horsemen Films, Random Harvest is aiming to produce between three and five films per year through the label, and says that negotiations are at ...
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Fall in govt funds ahead for Danish film industry
The thriving Danish film industry could be in for an unpleasant shock when the new rightwing government's financial policy comes into action next year. While state financial support remains unchanged for 2002, support from the Danish Film Institute is expected to be cut by up to 20% from 2003. The ...
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Angelopoulos to start on Greece's biggest movie
Greek director Theo Angelopoulos will next week commence shooting on The Weeping Field, the first part of his long planned, seven-hour trilogy that tells the story of a couple during the twentieth century.Set for a 15-week shoot, the most expensive Greek production ever is financed by various national and international ...
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Fiennes takes lead in $10m Luther biopic
UK actor Joseph Fiennes has signed up to play religious reformer Martin Luther in a $10m feature film biopic to be directed by Eric Till.Luther, the story of a simple monk challenging the political and religious leadership of his time will also feature Peter Ustinov, Bruno Ganz, Mathieu Carriere, ...
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Das Werk picks up $17m worth of work
The international postproduction group Das Werk has won contracts worth $17.2m (Euros 20m) which will keep its feature film facilities working to capacity throughout 2002.LA-based subsidiary CFX has been awarded a $10m contract to handle the effects on an unnamed Warner Bros./Village Roadshow project as well as $3m worth of ...
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Mike Ovitz signs Mark Canton to run APG
Artists Production Group(APG), the production arm of Mike Ovitz's Artists Management Group (AMG),has found an unlikely new partner, chairman and CEO in the person of MarkCanton, the producer and former studio head of both Warner Bros and SonyPictures.Canton will oversee the 50APG projects currently in various stages of development and ...
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Foreign production spend in UK down 57%
Inward investment from overseas productions shooting in the UK collapsed last year by 57%, according to figures released by the British Film Commission.The commission, responsible for attracting US productions to the UK, said that inward investment plummeted from£539.44m ($771.6m) in 2000 to£230.46m ($329.6m) in 2001."The key factor for this downturn ...
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TRP teams with IAC for The Mammoth Hunters
TRP Prodcutions, the production venture set up last year by former CLT/Ufa sales chief Heinz Thym and writer-director Stewart Raffill, has partnered with UK-based sales agency IAC Film on its debut picture, the tentatively titled $17 million prehistoric adventure The Mammoth Hunters.The effects-laden family film, which is to recreate the ...
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TRP teams with IAC for The Mammoth Hunters
TRP Prodcutions, the production venture set up last year by former CLT/Ufa sales chief Heinz Thym and writer-director Stewart Raffill, has partnered with UK-based sales agency IAC Film on its debut picture, the tentatively titled $17 million prehistoric adventure The Mammoth Hunters.The effects-laden family film, which is to recreate the ...
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News
Pandemonium to remake Japanese horror film
Kadokawa Shoten, a leading Japanese publisher with extensive media interests, has reached a agreement with Pandemonium, former Fox president Bill Mechanic's production company, to remake Dark Water, the latest film by horror-meister Hideo Nakata, who was responsible for the hit Ring series. The rights fee is reported to be $400,000, ...
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UK production continues despite actors' dispute
The dispute over secondary payments for actors between UK performers' union Equity and UK producer's body PACT may be entering its eighth week, but as yet there is little sign of any ill-effects in the UK production sector.Equity has so far agreed 14 separate feature film strike waivers with producers, ...
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Spanish production's 'endemic structural problems'
Despite record production levels and a near-doubling of the domestic market share to 19%, a report on the Spanish film industry describes the production sector as suffering from "endemic structural problems" and an enormous gap between the haves and have-nots.In its annual report on the industry, the Spanish Film Academy ...
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Scherfig commits to English-language Suicide
Lone Scherfig, director of Denmark's foreign-language Oscar hopeful Italian For Beginners, is to make her first English-language film.Vilbur Wants To Commit Suicide will be produced by newcomer Sisse Graum Olsen, who recently made her debut with Niels Arden Oplev's black comedy Chop Chop (Fukssvansen) for Zentropa. The film will shoot ...
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Hamburg's public film fund under threat
The German city of Hamburg's status as a film and TV production location is under serious threat following plans by the new Senate to slash almost $915,000 (DM 2m) from the 2002 budget for the city's public FilmFoerderung film fund.Until now, the city's cultural and economic senates had each contributed ...
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California proposes production tax incentives
An apparently escalating decline in local production has prompted the state of California to propose a tax incentive to encourage film and TV producers to shoot in the state. California governor Gray Davis has announced that, if instituted, the labour-based tax credit would return $230m to the production community over ...
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Javier Bardem tipped for Scott's Pancho Villa role
Oscar-nominated Spanish actor Javier Bardem is in the running to play Mexican revolutionary hero Pancho Villa in a forthcoming film for director Tony Scott.Scott told Mexican newspaper La Jornada that he is considering Bardem for the role of the turn-of-the-century icon in a project he hopes to begin shooting in ...