Relativity Media close $115 Mil Debt Facility – evidencing debt is cheap
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OneWest Bank and Barclays take the lead on plans to raise a total of $300 million this year. Last year, Relativity had earnings of $140 million on $650 million in revenue. Relativity Media has closed a $115 million, five-year revolving line of credit that it expects to expand to...
Digital Hollywood and the role of content creators
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If investment companies and banks say film is high risk,then how can they say that over-valued internet companies are less so?” Why invest in a company over-valued to the turn of USD $350 million and not in a film by a filmmaker of USD $5 million or a series...
Netflix: a house of cards or the new HBO?
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In arguably the TV event of 2013 so far, House of Cards – a $100 million, 13-episode TV series starring Kevin Spacey, directed by David Fincher, and commissioned by Netflix, premiered exclusively online available only to Netflix subscribers in North and South America and in Scandinavia. Metacritic, a site...
Second-screen users will drive social TV activities
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STAMFORD: Second-screen devices combined with customised content, interactive apps and loyalty programmes will fuel the behaviour of social TV consumers over the next 24 months, according to Gartner. Social TV describes consumer engagement, communication and interaction while watching television. Gartner said social TV activities can enhance the value of...
A Landscape of Lies – traps for the unwary.
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The producers behind a low budget film designed to cheat the taxman out of £2.7m ($4.1m) have received jail sentences at Southwark Crown Court in the UK. Screen Daily has spoken to director Paul Knight about the project. Evolved Pictures’ bosses Bashar Al-Issa and Aoife Madden have both received...
Australian Movie Convention reschedules for October
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The 68th Australian International Movie Convention (AIMC) will give exhibition delegates a much better look than usual of the Christmas line-up because of its move from August to October 14-17. This is the message that organisers of the product-focused event are pushing out to Australian and also potential international...
Australia China Film Indsutry Forum in Shanghai 15 to 23 June 2013
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An official delegation of Australian film producers, bureaucrats and film service company representatives are heading to China for the third round of formal meetings in four years. The Australia-China Film Industry Forum will be held to coincide with the Shanghai International Film Festival, which runs June 15 to 23...
Australia earmarks $21 Million for high budget film incentives
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Whether US studios, US independents or other global producers make their films in Australia one thing is certain, the bang for dollar into the Australian film industry (whilst sorely needed and considerable when taken in context ) is neglible when compared to the other value added spending which is...
Netflix and the television industry
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Pay and Free to Air Television costs for progamming by way of paying for content , especially with long term output deals shoring up guaranteed revenue for years ahead, continues to be the icing on the cake for studios, independents and distributors . In an article in Smart CompanyPatrick...
Hong Kong Capabilities enhanced
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Hong Kong Capabilities enhanced commencing February 2013 . Simon Potter – Advisor Simon Potter is a Founding Partner of Business Succession Partners Ltd , a Hong Kong firm facilitating outcomes for business owners and business professionals particularly in the Family Office space. Commencing 1 February 2013 Simon assists The Merkin...