FAQ Most Important Questions Frequent Questions Questionnaire Compass Functions Business Associate International Industry Links Login Register Eesti keeles Deutsch Español Français Italiano Portuguese	News Czechs set film rebates - European Commission expected to approve production incentive The Czech Republic's long-awaited film production incentive looks set to come into force next month. The rebate has been submitted for approval to the European Commission, which is expected to pass it without problems. The effort to turn around a precipitous fall in foreign shoots since 2004 offers a 20% refund on investment to producers of films that qualify, using cultural criteria and other factors, as is already the case in other European countries. Viktorie Plivova of the Czech Culture Ministry points out that the incentives would not just benefit foreign producers but would also help stanch the flow of Czech production talent abroad. Currently, many of the top talent in Czech studios, from cinematographers to costumers, spend months abroad, often working in neighboring countries such as Hungary, where production incentives have proved effective. Prague industryites have advocated the cash-back policy for over a decade, but only with last year's collapse of the Czech government did a caretaker administration of nonpoliticians and businesspeople finally approve the plan. Many Prague-based shingles, both Czech and foreign, have applauded the move and credited the current government's lack of party political in fighting for the progress. With the European and global economy recovering, it's hoped that more big-budget projects will return to Prague, where "Wanted," "G.I. Joe: The Rise of Cobra" and Bond pic "Casino Royale" all shot. http://www.variety.com/article/VR1118013276.html 2010-04-12 12:31:55 Raleigh opens Budapest studio, Hollywood facility bets on the film biz in Central Europe Expressing confidence in the future of the film biz in Central Europe, Hollywood's Raleigh Studios is about to open a large facility in Budapest. The Hungarian complex boasts nine soundstages -- one of which covers 45,000 square feet -- and a 15-acre backlot. Services include lighting and grip, camera, equipment rentals, scenic, transportation, production services and line producing. Raleigh Studios Budapest also has administrative services to tap local incentives and tax rebates. Hungary offers a tax credit that covers up to 25% of production costs. The incentive, along with the region's lower-salaried film workers, offers a lure to U.S. producers. The Budapest venture is a partnership between Raleigh and local shingle Origo Film Group. Origo is the Euro studio's corporate owner. Partnering with the Budapest entity, Burbank, Calif.,-based post house FotoKem will manage and operate a post-production facility on site, including a film lab, digital post and vfx capabilities. Allan Tudzin, a 29-year Fotokem vet,has already moved to Budapest to manage the operation. Steve Auer, who ran Hollywood's Sunset Gower Studios for 12 years, has been living in Budapest for a year and will be Raleigh's topper there. Despite the challenges the industry faces in today's economic environment, Raleigh prexy Michael Moore takes a long view of the company's investment in Central Europe. "Productions will always be going to Europe," he said. "Even if didn't make economic sense, they'd go there for creative reasons." On Thursday, Raleigh Studios in Hollywood will hold a Hungarian-themed gala to mark the opening of its Budapest outpost. Raleigh Budapest's official opening will be April 1, but occupancy will begin by the end of the month, per Moore. http://www.variety.com/article/VR1118015281.html 2010-04-12 12:27:37 EFM visits bump up, more than 40,000 attend market in Berlin If foot traffic at the EFM this year is anything to go by, the industry's sales blues seem to be lifting a bit. More than 40,000 visits to the market, situated at Berlin's Martin Gropius Bau, were tallied by organizers during the first half of the market. At peak times on Sunday, more than 2,400 industry professionals poured into the building -- a new record compared with last year, which registered 1,738 trade pros. EFM director Beki Probst said there was a positive and energizing atmosphere both at the Martin Gropius Bau and in spillover stands at the Marriott Hotel. "People are coming in large numbers, the choice is enormous, the cinemas are full, the mood is great," Probst said. http://www.variety.com/article/VR1118015294.html 2010-04-12 12:23:27 Group Says 3D Doubles 2D Opening Weekend Box Office Revenue Opening weekend 3D ticket revenue is outpacing 2D ticket sales by a 2-to-1 margin, according to a new report. The report, released by The International 3D Society, states that Alice in Wonderland generated more than $81 million dollars, or 70%, of its opening weekend gross revenue on 3D screens, compared with $34 million in 2D domestic ticket revenue. The report said the percentages for Avatar were even higher, with $62 million, or 80%, of its first weekend gross ticket sales revenues of $77 million generated from 3D theaters, compared with $14 million in 2D theaters. Indeed, the Motion Picture Association of America earlier this month said the 10% spike in 2009 box office revenue was driven by an 11% surge in higher-margin 3D revenue from 20 major studio releases in the format. The year ended with 16,000 digital screens globally, including nearly 9,000 3D screens, three times the number of 3D screens in 2008 and representing 6% of total screens worldwide. The trend is expected to continue March 26 with the 3D/2D theatrical release of How to Train Your Dragon, from DreamWorks Animation. “While this study is just a snap shot of what opening weekend's 3D grosses look like, these kinds of trends do reflect that consumers are obviously thrilled by 3D,” said Jim Chabin, president of The International 3D Society. http://www.homemediamagazine.com/3-d/group-says-3d-doubles-2d-opening-weekend-box-office-revenue-18851 2010-03-27 14:11:12 Estonia and Taska ≈ Low Expenses + Efficiency: Sais Russian Film Poducer Why the production of the feature is placed in Estonia is explained to "Elu 24" by the youth targeted horror thriller "Phobos" producer Fyodor Bondarchuk. "We decided during the crisis to optimize our costs, and move our principal photography to the pavilions located in Tallinn. It is less expensive to shoot in Estonia, also the work ethic of Estonians is more efficient. This way we were able to take our budget to the bare minimum, and avoid unnecessary costs. Meanwhile I was helped by Estonian gentlemen, with whom we have a long and warm friendship." Bondarchuk said that he does not rule out further co-productions with Kris Taska. "Why not, but lets see first how this project will turn out." During the interview the acclaimed director / producer mistakes Estonians for Fins for a moment, but noticed the fault and corrected himself quickly. "At the first screening of "Phobos" the people associated with Russian film industry talk that investors' money "melts" by very strange channels. A lot goes for bribes, and part of it is just stolen. This also explains the work on "Phobos" it is 50/50 Estonian / Russian co-production. It was shot in Estonia, and post-production was done in Moscow." Original story in Estonian by Hendrik Alla: http://www.elu24.ee/?id=241650 2010-03-26 15:52:06 NPD: Moviegoers Trump Down Economy The U.S. economy may be in a recession, but that won’t stop avid moviegoers, 80% of whom said they would go out to the theater (four or more times over a 90-day period) at least as often as they did last year, according to a new report. ¤Port Washington, N.Y.-based research firm The NPD Group said frequent moviegoers are 20% more likely than non-frequent moviegoers to purchase DVDs of recent theatrical releases, 60% more likely to stream a movie online and 40% more likely to purchase a movie as a digital download. ¤The data was based on a sample of more than 11,000 consumers. ¤The study also found that among infrequent moviegoers (once or twice during a three-month period), 57% plan to maintain or increase their theatrical attendance this year. ¤Among theatrical draws, respondents cited the social experience of going with family, friends or significant others (73%), while another 48% indicated the appeal of the large screen and sound system. ¤“Nothing is completely recession-proof, but movies are one of the ultimate social experiences,” said Russ Crupnick, entertainment industry analyst for The NPD Group. “Despite the fact that more Americans now have high-tech entertainment equipment in our homes, nothing beats seeing The Dark Knight in a theater.” ¤Crupnick said that if movie ticket prices continue to escalate, the social movie-going experience would move into the home. ¤“That’s especially true as better home entertainment offerings, led by HDTV, Blu-ray and simpler digital downloads become more mainstream,” he said. 2009-08-23 23:47:48 Foreign Box Office Booming While the summer box office is up just 5 percent domestically over last year -- with much of that increase attributable to higher ticket prices at 3D and IMAX screens -- the international box office remains on a tear, Daily Variety indicated today (Thursday). The trade publication noted that Ice Age: Dawn of the Dinosaurs dawned with an opening weekend gross of $151.7 million and is closing in on $200 million in its first week. By the end of last weekend, Paramount/DreamWorks's Transformers: Revenge of the Fallen had earned $302 million overseas. But even some films that were considered disappointments during their domestic runs often performed well at the foreign box office, Variety observed, including the Tom Cruise starrer Valkyrie, which grossed $90 million overseas, and the epic Australia, which earned $158.3 million abroad. 2009-08-23 23:39:09 How Marketing Can Make Or Break A Movie Sony's marketing department was receiving kudos today (Monday) for its promotional campaign for District 9, a relatively low-budget sci-fi flick that uses minimal special effects, is set in South Africa, and stars relatively unknown actors. Studio marketers had emphasized that the movie was produced by Peter Jackson of Lord of the Rings fame. They previewed it at the Comic-Con convention in San Diego, where it immediately gave rise to intense online discussion -- and quickly "went viral." On the other hand the marketing campaign for Bandslam (see reviews separately) was slammed by some industry observers. On her Deadline Hollywood Daily blog, Nikki Finke commented that the marketing for the movie "was so young that moviegoers thought it was High School Musical when it was closer to School of Rock." She published an email message from an unnamed "Bandslam insider," who wrote that "instead of selling it quirky and cool (a la Juno) they sold it on the Disney channel's Vanessa Hudgens and Aly Michalka. Instead of selling the concept -- band of outcasts like The Commitments -- they Disneyfied this movie with glitter paint. ... There have been literally dozens and dozens of calls today and emails from heads of marketing at different studios saying this may be singly the worst job they've ever seen on a movie whose unique voice deserved to be heard through positioning, title, marketing tie-ins, and knowing your audience." 2009-08-23 23:34:35 Stupid German Money Smartened Up - DFFF brings industry back to life Tom Cruise come to Germany last summer to film his $80 million epic "Valkyrie," The Germans showed Cruise the money -- writing a check for 4.8 million euros ($7.14 million) for the MGM/United Artists production. Aside from the Cruise film, due out later in 2008, other international co-productions lured to Germany in the last year include the Wachowski brothers' "Speed Racer," which got 9 million euros from the fund, and Stephen Daldry's "The Reader." Germany is not the only country luring international productions with cash. Singapore, Hungary, Canada and others offer handsome rebates to film production companies. A fresh source of film subsidy has injected new vigor into Germany's rich cinematic tradition. "It's been a wundermittel (miracle cure)," said Dieter Kosslick, director of the Berlin Film Festival. About 34 international co-productions received money last year under the scheme, known as the German Federal Film Fund (DFFF). "The whole film industry infrastructure is being expanded and professionalized. It's a great leap forward." 180-million euro program that runs to 2009 has Hollywood, European and domestic filmmakers tripping over each other to produce enough of their movies in Germany to qualify. The grants, up to 20 percent of a film's budget provided enough of it when this amount is spent in Germany, it had a total economic effect of 388 million euros in production spending in 2007, its first year. They run alongside 230 million euros in existing German film board subsidies. "We're at the start of a sustained development," said Carl Woebcken, chairman of Studio Babelsberg. "It's made it a lot easier to finance films," Fred Kogel, head of Germany's leading producer and distributor Constantin AG, told Reuters. The term "stupid German money" was coined to describe the cash flooding into Hollywood to finance movies on the back of a German tax loophole which made it possible to write off the entire investment in the current tax year. Some people estate that about 20% of Hollywood's entire production budget until 2005 was financed through German media funds. Private investors put 2 billion euros a year into them, and 70 percent of the money went to Hollywood. "There's no more 'Stupid German Money'," said Kosslick. "Something like 20 billion euros of German tax money was squandered on Hollywood films. Reuters/Nielsen http://ca.reuters.com/article/oddlyEnoughNews/idCAN0623717620080207?pageNumber=3&virtualBrandChannel=0 http://www.usatoday.com/money/media/2003-08-11-hollywood-germany_x.htm 2008-02-09 13:09:47 Hollywood and Washington go to Iceland Hollywood and Washington combine forces to bring Reykjavik Summit to the big screen. Director Ridley Scott has joined the film project about the Summit which marked the beginning of the end of the Cold War. The major full length motion picture is on Ronald Reagan's historic demand of Mikhail Gorbachev to "tear down this wall" And the elimination of an entire class of nuclear weapons, the collapse of the Soviet Union and the end of the Cold War. The Executive Producers are Jere Sullivan, European Vice Chairman for Edelman, the world's largest independent communications firm and Ken Adelman, foreign policy expert and part of the negotiating team for Ronald Reagan in Reykjavik and venture capitalist Craig Sheftell, of Fallbrook Capital. Current plans are to begin production of the film in mid 2008 with completion by year's end. Ireland has a small but well organized film industry which has been so far mostly presented in Hollywood by insider Sigurjon Sighvatsson. Lets hope The Smokey Bay Project will boost Ireland and its film industry despite the head producers being novices to the Hollywood culture. http://www.reuters.com/article/pressRelease/idUS85720+07-Jan-2008+PRN20080107 2008-02-09 12:10:26 All news

News

Czechs set film rebates - European Commission expected to approve production incentive

The Czech Republic's long-awaited film production incentive looks set to come into force next month. The rebate has been submitted for approval to the European Commission, which is expected to pass it without problems. The effort to turn around a precipitous fall in foreign shoots since 2004 offers a 20% refund on investment to producers of films that qualify, using cultural criteria and other factors, as is already the case in other European countries. Viktorie Plivova of the Czech Culture Ministry points out that the incentives would not just benefit foreign producers but would also help stanch the flow of Czech production talent abroad. Currently, many of the top talent in Czech studios, from cinematographers to costumers, spend months abroad, often working in neighboring countries such as Hungary, where production incentives have proved effective. Prague industryites have advocated the cash-back policy for over a decade, but only with last year's collapse of the Czech government did a caretaker administration of nonpoliticians and businesspeople finally approve the plan. Many Prague-based shingles, both Czech and foreign, have applauded the move and credited the current government's lack of party political in fighting for the progress. With the European and global economy recovering, it's hoped that more big-budget projects will return to Prague, where "Wanted," "G.I. Joe: The Rise of Cobra" and Bond pic "Casino Royale" all shot. http://www.variety.com/article/VR1118013276.html
2010-04-12 12:31:55

Raleigh opens Budapest studio, Hollywood facility bets on the film biz in Central Europe

Expressing confidence in the future of the film biz in Central Europe, Hollywood's Raleigh Studios is about to open a large facility in Budapest. The Hungarian complex boasts nine soundstages -- one of which covers 45,000 square feet -- and a 15-acre backlot. Services include lighting and grip, camera, equipment rentals, scenic, transportation, production services and line producing. Raleigh Studios Budapest also has administrative services to tap local incentives and tax rebates. Hungary offers a tax credit that covers up to 25% of production costs. The incentive, along with the region's lower-salaried film workers, offers a lure to U.S. producers. The Budapest venture is a partnership between Raleigh and local shingle Origo Film Group. Origo is the Euro studio's corporate owner. Partnering with the Budapest entity, Burbank, Calif.,-based post house FotoKem will manage and operate a post-production facility on site, including a film lab, digital post and vfx capabilities. Allan Tudzin, a 29-year Fotokem vet,has already moved to Budapest to manage the operation. Steve Auer, who ran Hollywood's Sunset Gower Studios for 12 years, has been living in Budapest for a year and will be Raleigh's topper there. Despite the challenges the industry faces in today's economic environment, Raleigh prexy Michael Moore takes a long view of the company's investment in Central Europe. "Productions will always be going to Europe," he said. "Even if didn't make economic sense, they'd go there for creative reasons." On Thursday, Raleigh Studios in Hollywood will hold a Hungarian-themed gala to mark the opening of its Budapest outpost. Raleigh Budapest's official opening will be April 1, but occupancy will begin by the end of the month, per Moore. http://www.variety.com/article/VR1118015281.html
2010-04-12 12:27:37

EFM visits bump up, more than 40,000 attend market in Berlin

If foot traffic at the EFM this year is anything to go by, the industry's sales blues seem to be lifting a bit. More than 40,000 visits to the market, situated at Berlin's Martin Gropius Bau, were tallied by organizers during the first half of the market. At peak times on Sunday, more than 2,400 industry professionals poured into the building -- a new record compared with last year, which registered 1,738 trade pros. EFM director Beki Probst said there was a positive and energizing atmosphere both at the Martin Gropius Bau and in spillover stands at the Marriott Hotel. "People are coming in large numbers, the choice is enormous, the cinemas are full, the mood is great," Probst said. http://www.variety.com/article/VR1118015294.html
2010-04-12 12:23:27

Group Says 3D Doubles 2D Opening Weekend Box Office Revenue

Opening weekend 3D ticket revenue is outpacing 2D ticket sales by a 2-to-1 margin, according to a new report. The report, released by The International 3D Society, states that Alice in Wonderland generated more than $81 million dollars, or 70%, of its opening weekend gross revenue on 3D screens, compared with $34 million in 2D domestic ticket revenue. The report said the percentages for Avatar were even higher, with $62 million, or 80%, of its first weekend gross ticket sales revenues of $77 million generated from 3D theaters, compared with $14 million in 2D theaters. Indeed, the Motion Picture Association of America earlier this month said the 10% spike in 2009 box office revenue was driven by an 11% surge in higher-margin 3D revenue from 20 major studio releases in the format. The year ended with 16,000 digital screens globally, including nearly 9,000 3D screens, three times the number of 3D screens in 2008 and representing 6% of total screens worldwide. The trend is expected to continue March 26 with the 3D/2D theatrical release of How to Train Your Dragon, from DreamWorks Animation. “While this study is just a snap shot of what opening weekend's 3D grosses look like, these kinds of trends do reflect that consumers are obviously thrilled by 3D,” said Jim Chabin, president of The International 3D Society. http://www.homemediamagazine.com/3-d/group-says-3d-doubles-2d-opening-weekend-box-office-revenue-18851
2010-03-27 14:11:12

Estonia and Taska ≈ Low Expenses + Efficiency: Sais Russian Film Poducer

Why the production of the feature is placed in Estonia is explained to "Elu 24" by the youth targeted horror thriller "Phobos" producer Fyodor Bondarchuk. "We decided during the crisis to optimize our costs, and move our principal photography to the pavilions located in Tallinn. It is less expensive to shoot in Estonia, also the work ethic of Estonians is more efficient. This way we were able to take our budget to the bare minimum, and avoid unnecessary costs. Meanwhile I was helped by Estonian gentlemen, with whom we have a long and warm friendship." Bondarchuk said that he does not rule out further co-productions with Kris Taska. "Why not, but lets see first how this project will turn out." During the interview the acclaimed director / producer mistakes Estonians for Fins for a moment, but noticed the fault and corrected himself quickly. "At the first screening of "Phobos" the people associated with Russian film industry talk that investors' money "melts" by very strange channels. A lot goes for bribes, and part of it is just stolen. This also explains the work on "Phobos" it is 50/50 Estonian / Russian co-production. It was shot in Estonia, and post-production was done in Moscow." Original story in Estonian by Hendrik Alla: http://www.elu24.ee/?id=241650
2010-03-26 15:52:06

NPD: Moviegoers Trump Down Economy

The U.S. economy may be in a recession, but that won’t stop avid moviegoers, 80% of whom said they would go out to the theater (four or more times over a 90-day period) at least as often as they did last year, according to a new report. ¤Port Washington, N.Y.-based research firm The NPD Group said frequent moviegoers are 20% more likely than non-frequent moviegoers to purchase DVDs of recent theatrical releases, 60% more likely to stream a movie online and 40% more likely to purchase a movie as a digital download. ¤The data was based on a sample of more than 11,000 consumers. ¤The study also found that among infrequent moviegoers (once or twice during a three-month period), 57% plan to maintain or increase their theatrical attendance this year. ¤Among theatrical draws, respondents cited the social experience of going with family, friends or significant others (73%), while another 48% indicated the appeal of the large screen and sound system. ¤“Nothing is completely recession-proof, but movies are one of the ultimate social experiences,” said Russ Crupnick, entertainment industry analyst for The NPD Group. “Despite the fact that more Americans now have high-tech entertainment equipment in our homes, nothing beats seeing The Dark Knight in a theater.” ¤Crupnick said that if movie ticket prices continue to escalate, the social movie-going experience would move into the home. ¤“That’s especially true as better home entertainment offerings, led by HDTV, Blu-ray and simpler digital downloads become more mainstream,” he said.
2009-08-23 23:47:48

Foreign Box Office Booming

While the summer box office is up just 5 percent domestically over last year -- with much of that increase attributable to higher ticket prices at 3D and IMAX screens -- the international box office remains on a tear, Daily Variety indicated today (Thursday). The trade publication noted that Ice Age: Dawn of the Dinosaurs dawned with an opening weekend gross of $151.7 million and is closing in on $200 million in its first week. By the end of last weekend, Paramount/DreamWorks's Transformers: Revenge of the Fallen had earned $302 million overseas. But even some films that were considered disappointments during their domestic runs often performed well at the foreign box office, Variety observed, including the Tom Cruise starrer Valkyrie, which grossed $90 million overseas, and the epic Australia, which earned $158.3 million abroad.
2009-08-23 23:39:09

How Marketing Can Make Or Break A Movie

Sony's marketing department was receiving kudos today (Monday) for its promotional campaign for District 9, a relatively low-budget sci-fi flick that uses minimal special effects, is set in South Africa, and stars relatively unknown actors. Studio marketers had emphasized that the movie was produced by Peter Jackson of Lord of the Rings fame. They previewed it at the Comic-Con convention in San Diego, where it immediately gave rise to intense online discussion -- and quickly "went viral." On the other hand the marketing campaign for Bandslam (see reviews separately) was slammed by some industry observers. On her Deadline Hollywood Daily blog, Nikki Finke commented that the marketing for the movie "was so young that moviegoers thought it was High School Musical when it was closer to School of Rock." She published an email message from an unnamed "Bandslam insider," who wrote that "instead of selling it quirky and cool (a la Juno) they sold it on the Disney channel's Vanessa Hudgens and Aly Michalka. Instead of selling the concept -- band of outcasts like The Commitments -- they Disneyfied this movie with glitter paint. ... There have been literally dozens and dozens of calls today and emails from heads of marketing at different studios saying this may be singly the worst job they've ever seen on a movie whose unique voice deserved to be heard through positioning, title, marketing tie-ins, and knowing your audience."
2009-08-23 23:34:35

Stupid German Money Smartened Up - DFFF brings industry back to life

Tom Cruise come to Germany last summer to film his $80 million epic "Valkyrie," The Germans showed Cruise the money -- writing a check for 4.8 million euros ($7.14 million) for the MGM/United Artists production. Aside from the Cruise film, due out later in 2008, other international co-productions lured to Germany in the last year include the Wachowski brothers' "Speed Racer," which got 9 million euros from the fund, and Stephen Daldry's "The Reader." Germany is not the only country luring international productions with cash. Singapore, Hungary, Canada and others offer handsome rebates to film production companies. A fresh source of film subsidy has injected new vigor into Germany's rich cinematic tradition. "It's been a wundermittel (miracle cure)," said Dieter Kosslick, director of the Berlin Film Festival. About 34 international co-productions received money last year under the scheme, known as the German Federal Film Fund (DFFF). "The whole film industry infrastructure is being expanded and professionalized. It's a great leap forward." 180-million euro program that runs to 2009 has Hollywood, European and domestic filmmakers tripping over each other to produce enough of their movies in Germany to qualify. The grants, up to 20 percent of a film's budget provided enough of it when this amount is spent in Germany, it had a total economic effect of 388 million euros in production spending in 2007, its first year. They run alongside 230 million euros in existing German film board subsidies. "We're at the start of a sustained development," said Carl Woebcken, chairman of Studio Babelsberg. "It's made it a lot easier to finance films," Fred Kogel, head of Germany's leading producer and distributor Constantin AG, told Reuters. The term "stupid German money" was coined to describe the cash flooding into Hollywood to finance movies on the back of a German tax loophole which made it possible to write off the entire investment in the current tax year. Some people estate that about 20% of Hollywood's entire production budget until 2005 was financed through German media funds. Private investors put 2 billion euros a year into them, and 70 percent of the money went to Hollywood. "There's no more 'Stupid German Money'," said Kosslick. "Something like 20 billion euros of German tax money was squandered on Hollywood films. Reuters/Nielsen http://ca.reuters.com/article/oddlyEnoughNews/idCAN0623717620080207?pageNumber=3&virtualBrandChannel=0 http://www.usatoday.com/money/media/2003-08-11-hollywood-germany_x.htm
2008-02-09 13:09:47

Hollywood and Washington go to Iceland

Hollywood and Washington combine forces to bring Reykjavik Summit to the big screen. Director Ridley Scott has joined the film project about the Summit which marked the beginning of the end of the Cold War. The major full length motion picture is on Ronald Reagan's historic demand of Mikhail Gorbachev to "tear down this wall" And the elimination of an entire class of nuclear weapons, the collapse of the Soviet Union and the end of the Cold War. The Executive Producers are Jere Sullivan, European Vice Chairman for Edelman, the world's largest independent communications firm and Ken Adelman, foreign policy expert and part of the negotiating team for Ronald Reagan in Reykjavik and venture capitalist Craig Sheftell, of Fallbrook Capital. Current plans are to begin production of the film in mid 2008 with completion by year's end. Ireland has a small but well organized film industry which has been so far mostly presented in Hollywood by insider Sigurjon Sighvatsson. Lets hope The Smokey Bay Project will boost Ireland and its film industry despite the head producers being novices to the Hollywood culture. http://www.reuters.com/article/pressRelease/idUS85720+07-Jan-2008+PRN20080107
2008-02-09 12:10:26

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