Russia announces changes to Studio structuring
The Russian government has announced details of their development programme for state-run studio facilities. Studio complexes will be consolidated and private investors will be brought in.
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USD1.5 million still available in Florida
The Governor’s Office of Film & Entertainment in Florida has announced that a film has dropped out of Queue ‘A’. This means that USD1.5 million of the 2008/2009 financial incentives fund is available again.
FFA confirm funding
The German Federal Film Board (FFA) has finally agreed its budget for 2009. It is understood to be close to last year’s EUR70 million.
Shine Group buys Metronome for USD88 million
UK based Shine Group has acquired the Nordic region's largest production group, Metronome Film & TV for USD88 million. It increases Shine's international presence to nine territories on three continents and includes all 15 companies under the Metronome umbrella.
UK advertising industry visits China
The UK industry is hoping to secure a place in the rapidly expanding Chinese advertising market with a visit to Beijing this week by members of the APA and IPA.
Russians plan strong presence at Cannes
It has been well reported in recent months that the Russian film industry is suffering due to the economic crisis. So, in an attempt to revitalise its image, they are planning to have a large contingent at Cannes this year.
Imagenation makes first investment
Abu Dhabi's film division Imagenation and partner National Geographic Entertainment have announced the first recipient from their USD100 million film fund.