All Finance articles – Page 51
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Viacom closes $720m deal for UK's Channel 5
Viacom has closed its £450m ($720m) acquisition of free-to-air UK broadcaster Channel 5.
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German funds foster links with Norway, Denmark
Closer collaboration is being promoted by two German public film funds and opposite numbers in Norway and Denmark.
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Stampfer and Vogelbacher launch IFP
IFP will advise international film and TV productions “in the areas of film financing and the provision of technical services with a special focus on Germany”.
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US experts head OMDC panel
John Sloss of Cinetic Media, Jonathan Sehring from IFC Films and Jason Janego & Tom Quinn [pictured] from RADiUS among those on panel.
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Chinese media hub sets incentives
Any foreign companies setting up in the zone will see the local district company tax waived for the first two years upon incorporation and 50% of taxes payable in the third year.
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BFI to invest £2m in Neighbourhood Cinema
Initiative will see £2m of investment over four years to enable film fans across the UK to get more opportunities to see a range of films.
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Asian trio team for China-focused fund
Hong Kong’s Media Asia, Korean talent management group SM Entertainment and Taiwan’s Kbro Media have established a fund for joint investment in film and TV production aimed at Chinese-speaking audiences.
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California triples film, TV tax credits
The California senate voted on Friday (August 29) to approve a measure that will ramp up the state’s $100m annual allocation to $330m over five years, starting next year.
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Inside Pictures unveils LA participants
EXCLUSIVE: The European film industry business training programme has selected its 16 producers and executives for the week-long sessions with senior industry professionals in Los Angeles from September 15-19.
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Miramax secures $250m re-finance
Chairman Thomas J Barrack Jr said the movie reflected “stability and maturity” as top brass seek to grow the development and production business.
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Bill Lee in Millennium buy-out
The management team of Millennium Entertainment, led by CEO Bill Lee, and private investment firm Virgo Investment Group have partnered to acquire the Millennium Entertainment library and distribution platform.
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China’s LeTV to raise $730m
Online video company is working with partners including CITIC to enter retail and financial service industries.
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Sarajevo launches global co-pro fund
Production support scheme to expand from short micro-budget films to international features.
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Miners drama in Colombian rebate
The $20m feature about the 2010 rescue of the 33 Chilean workers trapped in the San Jose mine is the first international film to qualify for Colombia’s Law 1556 production incentive.
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HFM to present 21 projects
Selected film projects will be presented at the 2014 event, which takes place during the Netherlands Film Festival from Sept 25-28.
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TFL launches distribution fund
Fund is dedicated to supporting audience development strategies; Meanwhile, Beta Cinema has acquired Toronto title Labyrinth of Lies.
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Locarno's Open Doors names winners
I Am Not a Witch and The Train of Salt and Sugar both pick up two prizes each at the Locarno Film Festival’s co-production lab.
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SMI shares plunge on acquisition news
Shares of Hong Kong-listed SMI Culture Group plunged more than 50% during trading yesterday, after the company announced a share consolidation and rights issue to fund the acquisition of Beijing-based production company Grand Astute.
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Hopefuls wins Locarno's Carte Blanche
Cash prize will help complete Ives Rosenfeld’s debut feature about young friends who dream of being footballers.