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All Finance articles – Page 53
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NewsMiramax 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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NewsBill 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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NewsChina’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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NewsSarajevo launches global co-pro fund
Production support scheme to expand from short micro-budget films to international features.
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NewsMiners 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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NewsHFM 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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NewsTFL 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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NewsLocarno'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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NewsHopefuls wins Locarno's Carte Blanche
Cash prize will help complete Ives Rosenfeld’s debut feature about young friends who dream of being footballers.
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NewsSwiss 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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NewsIsrael 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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NewsSwitzerland 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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NewsUK 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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NewsItaly 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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NewsJapan'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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NewsFox 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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NewsAlex 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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NewsMadman 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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NewsDutch 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.