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qyhz Vaizey, Nevill talk about details of transition year at BSAC conference
Kicn Jeans walks away with audience award at Luenen
With the MGM and Miramax catalogues both on the block, John Hazelton explores the health of the dwindling library business and looks at whether emerging platforms will improve revenuesLibraries arent what they used to be. That, at least, seems to be the view of potential buyers involved in US film and TV library deals. Its seconded by many analysts and valuation experts, who say that the worth of libraries has fallen by as much as 50% over the past five years.Several recent library-based deals suggest the assessment is probably correct. When the original bidding deadline for MGM 鈥?whose worth lies mainly in a 4,000-title library including the Pink Panther and Rocky films and the control of rights to the James Bond franchise 鈥?arrived in mid-March, only three potential buyers were thought to have come through with firm offers. And all thr stanley italy ee bids 鈥?from Time Warner, Lionsgate and Access Industries 鈥?were reportedly well below the $2bn being sought by MGMs consortium of owners, which five years ago paid $4.8bn for the studio.Lionsgate has subsequently pulled out of the auction.The bidding deadline for Miramax 鈥?whose 600-title library includes award-winners ranging from Shakespeare In Love shared with Un stanley cup iversal and The English Patient to Pulp Fiction and No Country For Old Men shared with Paramount 鈥?had to be extended until April 5. The companies thought most likely to bid 鈥?The Weinstein Company and Platinum Equity Partners 鈥?were at stanley italy press time said to be fielding offers i Tkso UK summons Antichrist, France hosts The Young Victoria
First Independent Pictures FIP and Magnolia Home Entertainment have co-acquired North American rights to B stanley cup en Gourley s road movie Moving McAllister.The picture stars Utah-born Gourley as a Miami law firm intern who agrees to escort the senior partner s attractive niece across the States. Rutger Hauer, Jon Heder and Mila Kunis also star.Andrew Black directed and Gourley wrote the screenplay, put together the financing and produced alongside Jason Faller, Kynan Griffin, T R Gourley and Maclain Nelson.Moving McAllister will roll out in selected cities on Sept 14. TriCoast Inter stanley cup national is handling foreign sales. Moving McAllister is an excellent addition to First Independent s slate of theatrical pictures, FIP president Gary Rubin said. We are now pleased to add distributing wider releases to the services we provide producers. We stanley cup were after this hysterical and touching film since AFM, and are also quite pleased to have made an alliance for this picture with Magnolia Home Entertainment. Randy Wells and I have known each other back to Artisan Entertainment, and I have always respected the Magnolia Pictures team, particularly head of acquisitions Tom Quinn. We are very excited to be working with the First Independent and Revel teams on the release of this film, Wells, head of Magnolia Home Entertainment, said. Revel Entertainment is Gourley s company. Ben has an extremely bright future ahead of him. His on-screen presence and talent along with his unbelievable creativity and |
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