All Finance articles – Page 52
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Swiss film industry in funding call
LOCARNO: Swiss film industry calls for additional $22m (CHF 20m) injection of funding; swift deal on Creative Europe recedes.
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Israel demands money back from ‘Palestine’ film
Suha Arraf’s Villa Touma, selected for Venice Critics’ Week, received $400,000 from the Israel Film Fund but has been classified as Palestinian by the director.
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Switzerland to launch film production incentive
LOCARNO: From mid-2016, the Swiss government will be introducing a film production incentive worth 20% on local spend.
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UK SVOD revenues rise 76%
The increasing popularity of Netflix and Amazon have stimulated a 76% revenue boost for the subscription video-on-demand platforms in the UK.
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Italy boosts film tax credits
The Italian Government has increased the tax credits for bigger budget films in a bid to attract Hollywood movies and benefit domestic productions.
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Japan's Lawson to buy United Cinemas
Convenience store chain Lawson is set to acquire Japan’s third largest theatre operator United Cinemas in a deal thought to be worth around $100m by the end of the month.
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Fox withdraws Time Warner bid
In a surprise development, 21st Century Fox has pulled out of its proposed acquisition of Time Warner.
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Alex Brunner joins UTA indie film group
Exclusive Media co-founder and former deputy COO Alex Brunner has joined UTA Independent Film Group as a film finance agent.
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Madman founders complete buyout
A small consortium that includes co-managing directors Paul Wiegard and Tim Anderson have paid $20m (A$21.5m) for Australian independent distributor Madman Entertainment.
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Dutch production scheme backs 34
Yorgos Lanthimos’s The Lobster, Peter Greenaway’s Eisenstein In Guanajuato and Alex van Warmerdam’s Schneider vs. Bax among those to receive a share of €8.5m ($11.4m) from the new Netherlands Film Production Incentive.
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Film worth $2.7bn to UK broadcasters
Feature films were worth an estimated £1.6bn ($2.7bn) to UK broadcasters in 2013, according to new research by the British Film Institute.
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Screen Australia reflects on cuts
Around $20m in direct annual investment in film production has escaped the knife in a package of changes that will reduce Screen Australia’s current annual budget by $US5.18m (A$5.5m).
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Sky completes £5bn Euro merger
BSkyB has completed a deal to create Sky Europe, bringing together Sky Italia and Sky Deutschland in a multi-billion pound deal.
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UK production spend tops £1bn; indie spend falls
UK film sector buoyant but BFI stats reveal local declines.
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Dead, End wins at PiFan's NAFF
The 18th Puchon International Film Festival (PiFan)’s Network of Asian Fantastic Films (NAFF) wrapped tonight with top Bucheon Award going to Dev Benegal’s Indian project Dead, End Or: How I Learned To Stop Living And Love Being Officially Dead.
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Spackman jumps 79% on Singapore debut
Korea’s Spackman Entertainment Group (SEG) surged 78.9% in an IPO on the Catalist board of the Singapore stock exchange on Tuesday (July 22).
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Screen Yorkshire backs $25m action film
EXCLUSIVE: Co-pro Hunter’s Prayer marks largest investment and first US production for fund.
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Fox out, Fosun up at Bona Film Group
Chinese conglomerate Fosun Group is acquiring an additional 13.3% stake in Bona Film Group, while 21st Century Fox is divesting its stake in the Beijing-based studio.
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Creative Skills Fund set for $63m boost
Businesses from the creative sector are to plough $29m (£17m) into skills training, boosting the UK’s total investment pot to $63m (£37m).