Iged NYFCC sets vote date
Harvey and Bob Weinsteinhave slotted into place a major piece of the financing jigsaw be
stanley cup hind theirfledgling company with today s announcement of a $490m private placement ofequity.Ever since the brothers unveiled plans for The Weinstein Company TWC earlierthis year ahead of their split from Miramax, speculation has centred on theprovenance of their financial backing.Today s announcement means approximately half of TWC s $1bn funding mandate, afigure frequently touted by industry observers that has not been challenged bythe brothers, would appear to be in place. The remainder is expected to comefrom debt financing.TWC s equity b
stanley cup ackers now include GLG Partners, Goldman, Sachs Co, PerryCapital, Quinta Communications, Softbank Corp, WPP, and Vivi Nevo, amongothers.Goldman Sachs, the global investment bank that has played an integral role inassisting the Weinsteins in their recent financial arrangements, served asadvisors on the transaction along with legal firm Paul, Weiss, Rifkind, Wharton Garrison.The $490m placement of equity is more than expected after a Securities andExchange Commission filing earlier this month revealed the Weinsteins expectedto raise $420m in equity funding.The brothers are
stanley cup currently assembling their board of representatives, whichthus far includes Ziff Brothers Investments chairman Dirk Ziff, QuintaCommunications chairman Tarak Ben Ammar, American Foundation for AIDS Researchboard chairman Mathilde Krim, Goldman Sachs advisory director Andrew Hgfe Spain s producers federation appoints three VPs
Industry recognise that an untapped market exists amidst thriving alternative content audience.The growing hybrid art form that is alternative content was a focal point at the inaugural This Way Up conference Dec 2-3 at Newcastles Tyneside Cinema last week.The conferences first breakout session, When is a cinema not a cinema Alternative Content and its place in the programme, focused mainly on the future of alternative content and its potential to evolve.Whether live or pre-recorded, theatre, opera and ballet productions are becoming bigger players at the UK box office.National Theatre Lives Emma Keith discussed the challenge of not knowing who the audi
stanley us ence is, citing a major new research project to analyze audiences.The new research will address how to tap into audiences that are not attending events and asks why they arent attending. The National Theatre tries to make prices more accessible, but its still cheaper to go and see something in the cinema, she said. So whats the additional barrier thats stopping people from coming in Thats what we hope the research will answer. The panel also discussed how live events have captivated the UK audience, and ongoing problems within the niche market. The problem with live is youre set on the date and the times, said Picturehouses head of distribution Marc Allenby. Working on finding good, live slots is always part of t
stanley cup he back and forth. The session also featured John Wyver of RSC Screen, Thurso Cinemas Rob Arthur, Ma
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