Major Chinese media group Dalian Wanda has said one of its film units, Wanda Pictures, has raised $2.4 billion in a share offer, according to vice president Liu Zhaohui, who was speaking at a press briefing. No further details of the origin of the investment were disclosed. Last month, it … Read entire story.
Source: Deadline
EXCLUSIVE– Miramax’s new owner beIN Media may have raised some eyebrows when it closed its deal to acquire 100% of the once-iconic indie label. For the Qatar-owned group, however, this is only the latest piece in an ambitiously expanding business empire. The less controversial, non-political arm … Read entire story.
Source: Deadline
Vivendi chairman Vincent Bollore gave a hint of some big plays coming down the pipelines with the confirmation that its pay TV division Canal Plus is engaged in talks with Qatari-owned beIN Sports over an exclusive distribution agreement. The move, if approved by anti-trust authorities in France, would … Read entire story.
Source: Deadline
Politics was again front and center in Berlin this morning as Alex Gibney discussed his documentary Zero Days, which unspools in competition later today. The Oscar-winner is here along with New York Times chief Washington correspondent David E Sanger and former Haaretz intelligence and strategic affairs correspondent Yossi Melman. … Read entire story.
Source: Deadline
Spotlight distrib eOne has moved decisively to take Laurel and Hardy dramedy Stan and Ollie off the table by agreeing to co-finance the Steve Coogan-John C. Reilly pic, handle sales and distribute in its territories. eOne will co-finance the film with BBC Films. It looks like a … Read entire story.
Source: Deadline