The latest edition of peacefulfish’s Closing The Gap: Equity Investment for 360° Content training course culminated in a pitch workshop with equity investors during the Mallorca Film Week in Palma de Mallorca, Spain. The Closing The Gap producers pitched their film and television projects to a panel of European investors including venture capital fund managers, business angels, and representatives from business angel networks.
A Fold in My Blanket, the feature film debut of Georgian film director Zaza Rusadze, will have its world premiere at the 63rd Berlinale (7-17 February 2013) where it will screen in the non-competitive Panorama section.
Arie Bohrer, Film Commissioner of Location Austria (www.locationaustria.at), has been re-elected President of the European Film Commissions Network (www.eufcn.org), a position he has held since the organization’s first general assembly in 2007.
Acquisition of the shares in Israel Theaters Real Estate B.V., an indirect subsidiary of Israel Theatres Ltd by Cinema City International NV and closing of the bank club financing agreement by Cinema City International NV
Press releases 21-12-2012The Management Board of Cinema City International N.V., with its registered office in Amsterdam, the Netherlands (the "Company"), hereby announces that on 19 December 2012 the Company signed and completed an agreement with Israel Theaters Real Estate Holding B.V. ("ITRE") (a subsidiary of Israel Theaters Ltd. ("IT")) to acquire (the "Acquisition") all of the shares in Israel Theaters Real Estate BV ("SPC").
Cinema City acquires the real estate operations of Israel Theatres and signs a new bank club financing loan with BZ WBK, HSBC and ING Bank Śląski
Press releases 18-12-2012Today Cinema City announced the acquisition of Israel Theatres Real Estate BV ("SPC"), a subsidiary of Israel Theatres Ltd., which holds all of its real estate assets. These real estates are located in Bulgaria, Israel and Poland. The purchase price for the transaction is EUR 33.1 million. Cinema City will also assume debts of the acquired company in an aggregate amount of EUR 110.7 million. All acquired assets were valued in a total of EUR 143.8 million based on independent third party valuations. At the same time Cinema City closed a new club bank financing agreement with BZ WBK, HSBC and ING Bank Śląski banks for a total EUR 210 million.
Montenegro and Russia have been accepted as the newest member countries of European Film Promotion (EFP). At the last meeting in Hamburg (Germany), the EFP members decided to welcome the Ministry of Culture of Montenegro and the Russian Cinema Fund, supported by the Ministry of Culture of the Russian Federation into the pan-European network. As of 2013, EFP will be uniting 35 promotion organisations from 36 countries to promote and market films and talent from across Europe under one banner.
The Festival del film Locarno and the City of Milan, as part of a strong desire for a collaboration, announce their intention to establish the Pardo alla Migliore Opera Prima “Città di Milano” (Award for the Best First Film).
The latest film by Polish helmer Jacek Borcuch will have its European premiere at the 2013 IFF Rotterdam (January 23rd – February 3rd ) in Spectrum section which screens strong and innovative work by experienced film makers and artists who provide an essential contribution to international film culture.
Cristian Mungiu's Beyond the Hills was selected to represent Romania at next year's Academy Awards which will take place on February 24th. The Academy of Motion Picture Arts and Sciences will announce the five nominees for best foreign film on January 15th.
The Child's Pose (by Călin Peter Netzer) was selected in the official competition of the Berlin Film Festival, which will take place from 7 to 17 February 2013.
