Nibw Fill The Void sweeps Israeli Academy awards, goes forward in Oscar race
French distributor Bac Majestic is once again the subject of bankruptcy and buyout rumours swirling around the French capital. An article in French daily Le Figaro on Tuesday claimed that the company is on its last legs following a serious drop in revenues ScreenDaily Nov 18 and a
stanley cup delisting from the Paris stock exch
stanley cup ange last week.Bac has been down this road before. At the end of 2002 the company s debt stood at about $30m following an unsuccessful move into exhibition, the loss of an output deal with Miramax and difficulties with partner StudioCanal which resulted in the offloading of boutique label Mars Films.Bac chairman and founder Jean Labadie has sold off some of his loss-making movie theatres. Si
stanley cup gnificant investment in the company by Belgian-Russian entrepreneur Michel Litwak was meant to help stem the losses but was blocked by French stockmarket authorities. In an interview today, Labadie told ScreenDaily, If we had received that money we wouldn t be in the position we are now. Not getting it meant we had to hold on without an investor. Regarding the Figaro article, he added, There are some true things in the story and some false. This is the second time they have announced our death but it is also the second time we are still breathing. Several names have been floated as possible buyers for the embattled company including Jacques Ouaniche of Noe Productions, production company Millimages or sales outfit Exception. While saying that he was not authorised to speak Dvke Home-grown hits give UK box office a holiday hike
Source: Courtesy of AGC StudiosFrank Prugo and Leslie ChenStuart Fords AGC Studios has brought on two
stanley cup more former IM Global senior executives in the form of Frank Prugo and Leslie Chen, as the companys sales division AGC International prepares to kick off sales in Toronto on Michael Moores Fahrenheit 11/9.Prugo joins as executive vice-president of technical operations and will be responsible for overseeing post-production and international theatrical delivery on projects for all of AGCs divisions. During his 10-year stint at IM Global, Prugo performed a similar role on more than 100 first-run features and more than 600 library titles.Chen joins as senior vice-president of Asian sales and distribut
stanley kubek ion, and in addition to handling sales for AGC International in Asia will build on her and the companys relationships in China.During her four years at IM Global, Chen was the founder of the companys Beijing office and oversaw the Chinese distribution and pan-Asian sales for IM Globals Hollywood output.She also built the local industrys leading export platform for Chinese-language cinema brokering output deals with the likes of Huayi Brothers and Enlight, and sales partnerships with other major local players such as China Film Group, Wanda, Alibaba Pictures and Stephen Chows Star Overseas Productions on a slate of Chinese films that gro
stanley uk ssed more than $1 billion in worldwide box office.The arrival of Prugo and Chen brings the number of former IM Global executives who have joined Ford
