More of the trade came in Thursday night including Rainer Kölmel who sold Kinowelt to Pathe just before the latest market crash and who has produced The Two Lives of Daniel Shore, playing here. Daniel Gluckau is still acquiring films for Kinowelt and has just had a son born. Former Kinowelt sales man Stlios Ziannis has created his own international sales agency Aktis Film whose film 13 Semester is premiering here and was produced by 20th Century Fox Germany signaling their possibly renewed interest in German production. This film, depicting life in college is a new subject for German film. Aktis also intends to enter coproductions as well. Also attending are Rudy Tjio of Universum Ufa who will also be attending Afm, Antonio Exacoustos of Arri Media Worldsales, Wigbert Moschall of mdc int., Prokino's Ira von Gienanth, Mfa's Christian Meinke
Women in film are receiving some press these days, from an...
Women in film are receiving some press these days, from an...
- 10/30/2009
- by Sydney
- Sydney's Buzz
Cologne, Germany -- Intertainment, the rights group controlled by ex-Kinowelt heads Michael and Rainer Kolmel, continues to bleed red ink.
According to preliminary figures released Monday, the operation lost €4.7 million ($6.7 million) in 2008 on virtually nonexistent revenue of less than $1 million.
Intertainment exists solely to pursue a series of legal actions linked to its 2004 fraud trial against Elie Samaha's Franchise Pictures.
While Intertainment was awarded $122 million in that case, it has collected only a small fraction of the cash. Intertainment has litigation ongoing against Comercia Bank, which approved Franchise's dodgy budgets, with the trial set to start in April next year.
According to preliminary figures released Monday, the operation lost €4.7 million ($6.7 million) in 2008 on virtually nonexistent revenue of less than $1 million.
Intertainment exists solely to pursue a series of legal actions linked to its 2004 fraud trial against Elie Samaha's Franchise Pictures.
While Intertainment was awarded $122 million in that case, it has collected only a small fraction of the cash. Intertainment has litigation ongoing against Comercia Bank, which approved Franchise's dodgy budgets, with the trial set to start in April next year.
- 8/31/2009
- by By Scott Roxborough
- The Hollywood Reporter - Movie News
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