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Small MPU – Page 1447
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News
Korea's Shinabro gets $50m for acquisition and production drive
Korean distribution company Shinabro Entertainment has secured a $50m cash pool for acquisition of rights to Hollywood movies and a drive into Korean production.The funding comes from Isoo Venture Capital, part of the giant Isoo Chemical group. The five-year, non-exclusive deal sees Isoo put up financing for the acquisition of ...
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News
Box-office still going up Down Under
Australian cinemas have sold $240m (A$423m) worth of cinema tickets in the six months to June 30, a 6.7% rise on the same period last year and an indication that a growth pattern spanning more than a decade is not yet over.Motion Picture Distributors Association of Australia chair Mike Selwyn ...
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Sweden's box-office revenue growth outstrips admissions by 7 to 1
Reflecting a global pattern of box-office growth outstripping that of an increase in cinema admissions, Sweden has seen 2002's first quarter revenues outperform admissions by a factor of 7 to 1.Yet, despite allowances for inflation and increases in ticket price, Sweden's cinema industry is continuing its upward curve, with 2001 ...
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Belt-tightening squeezes pre-Mifed screenings
The pre-Mifed screenings in London this October look set to be a smaller affair than in previous years. Many film sellers, including some based in London, have decided to set up stall only once this autumn - in Milan.The various London organisers are faced with what comes close to a ...
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News
Benelux's Paradiso expands into video via Laurus acquisition
Growing Benelux distributor Paradiso is to move into video releasing following the take-over of well-established outfit Laurus Entertainment.Laurus, headed by Hans Goosens, has been in business for ten years covering the rental and retail sectors in The Netherlands and Flemish-speaking Belgium.The acquisition means that within the dominant part of the ...
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News
Intermedia's London operation moves inside Box
Leading independent Intermedia, which faces a tough test when its biggest film to date K19: The Widowmaker opens in North America on July 19, is strengthening its ties in the UK with Box TV in which it has a 24.9% ownership stake. Intermedia will relocate its key creative team to ...
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News
di Bonaventura promoted at Warner, production restructured
Lorenzo di Bonaventura, the head of worldwide production at Warner Bros Pictures, has got a promotion to a new corporate position within Warner Bros itself, prompting a restructure of the film production arm at Burbank.Di Bonaventura is now executive vice president, worldwide motion pictures, at Warner Bros, reporting to president ...
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News
Sci-fi action-thriller boosts Cruise & Spielberg's report card
Sci-fi action-thriller Minority Report received a host of strong international openings this weekend - including the UK and Hong Kong - to gross $12.7m over the weekend, its third on international release. 20th Century Fox's film has taken $22.3m internationally so far and has yet to open in eight of ...
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Reviews
Devdas
Dir: Sanjay Leela Bhansali. India. 2002. 181minsDevdas is a bloated banquet with minimal nutrition for the grey cells, but a few spicy morsels to tease the taste buds along the way. Expectations are riding high for the $10 million production, which opens worldwide with around 1,000 prints today (July 12) ...
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News
Further claims emerge from collapse of Australia's HIH
The extent of the damage caused by its involvement in the film financing business is emerging as further evidence is given to the on-going Royal Commission into the 2001 collapse of Australia's HIH Insurance Group. This week documents were tendered that show outstanding claims could be as high as $225.5m, ...
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News
UK's Channel 4 rejected FilmFour rescue offer
Channel 4 rejected a last-minute rescue deal with Germany's Senator Film and UK tax financiers Matrix that was geared at allowing the broadcaster to slash its investment to $15m (£10m) but still save FilmFour as a going concern with an annual war-chest of $45m (£30m).This decision to reject the partnership ...
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News
Ireland gets multiple low-budget production schemes
In advance of the anticipated announcement of a new Irish-American low-budget production partnership - between Ireland's Rapid Film and Ed Pressman and John Schmidt's New York-based ContentFilm, the Irish Film Board has launched two new low-budget feature film initiatives.The first, called the Low Budget Feature Initiative seeks to create production ...
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News
Koelmels step down as MBO secures Kinowelt's future
Kinowelt co-founders brothers Rainer and Michael Koelmel have stepped down from the company as an investor group led by Kinowelt executives Marcus Schoefer and Jerry Payne moved to take over the company's core businesses of theatrical distribution, home entertainment and license dealing in a management buy out. Schoefer and Payne ...
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News
Sales chief Diederix quits Sogecine-Sogepaq for new post
Eva Diederix, director of international sales at production-distribution house Sogecine-Sogepaq, resigned from her post on Thursday July 11 to accept a new position in international sales outside of Spain. Diederix has worked for Sogepaq since 1998. She was promoted to her current position last year during the consolidation of producer ...
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News
Menemsha gets The Power Of Good at Karlovy Vary
LA-based sales and distribution outfit Menemsha Entertainment has picked up North American rights to the Czech-Slovak co-production The Power Of Good - Nicholas Winton at the Karlovy Vary Film Festival this week. Matej Minac's The Power Of Good is a documentary about an Englishman who saved 669 Jewish children from ...
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News
New regional Spanish film commission launched
A new regional film commission has been added to Spain's growing network of local organisations with the launch of an office in Castilla-LeonThe commission will oversee the Castilla-Leon Producers' Association's (ACALPA) already-functioning 'virtual commission,' an extensive on-line database of information to facilitate shoots in the region.The website (www.filmcommission-castillayleon.es) offers ...
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IM Internationalmedia releases second quarter results ahead of schedule
IM Internationalmedia generated Euros 75m - 85m in the first half of 2002 thanks to The Dangerous Lives Of Altar Boys and overages from such films as Traffic and The Wedding Planner, according to preliminary figures for the second quarter which will be officially released on August 29.IM reported that ...
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News
Mandalay lands at Universal, launches new international sales offensive
Days after announcing that it was leaving Paramount Pictures on the expiration of its current deal, Peter Guber's independent film production company Mandalay Pictures has entered into a new multi-year financing and distribution agreement with Universal Pictures. The deal, which was closed yesterday lunchtime, sees Guber find a studio home ...
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News
Eileen Atkins, Lucas Black join Cold Mountain
Two new cast members, Eileen Atkins and Lucas Black, have been added to the mammoth ensemble of Anthony Minghella's Cold Mountain which stars shooting on Monday on location in Romania. Minghella has adapted the novel by Charles Frazier for the screen himself.Black's credits include Crazy In Alabama and All The ...