Argentine helmer Gaspar Noé’s latest feature “Vortex” world premiered in Cannes, where it was greeted with a standing ovation and critical acclaim. Variety spoke to the director at the Unifrance Rendez-vous in Paris this week about the film. Source: https://variety.com/2022/film/global/gaspar-noe-vortex-1235155493/ … [Read more...]
MM2’s Singapore Cinema Sale Collapses as Investor Blames Omicron Impact
Mini-conglomerate mm2 Asia says that a deal to sell its Singapore cinemas business has fallen through. The deal was announced in August and should have been completed by Dec. 31, 2021. “Omicron uncertainty has dampened investing appetite for the moment. We hope to be able to revisit the acquisition again, and hopefully soon enough, when the … [Read more...]
Oscars Predictions: Best Picture – Is It Time to Take ‘Drive My Car’ Seriously Outside of International Feature?
Other strong awards contenders include "Belfast," "Dune," "King Richard," "Licorice Pizza" and "West Side Story." Source: https://variety.com/feature/2022-oscars-best-picture-predictions-1234965329/ … [Read more...]
U.K., Australia Sign New Film and Television Co-Production Agreement
The U.K. and Australia have renegotiated their audiovisual co-production agreement in a bid to create more opportunities in the film and TV sector. The agreement aims to “grow and promote British film and television on the world stage” as well as provide independent producers, cast and crew with opportunities to build their international network … [Read more...]
Film, TV Tax Breaks Resulted in $18 Billion Boost for U.K. Economy According to New BFI Report
A new report from the British Film Institute (BFI) reveals that film and high end TV tax breaks have resulted in the highest ever return on investment in the U.K. The report, which covers the pre-pandemic period from 2017-2019, calculated that tax reliefs across film, high-end television, video games, children’s TV and animation contributed … [Read more...]
AMC Stock Continues to Soar, Despite Bleak Future of Cinema
Despite surging COVID-19 cases and sluggish box office ticket sales, AMC Theatres CEO Adam Aron made it clear last week that he is wildly optimistic about the state of moviegoing and the future of the company that he leads, one that many investors were willing to leave for dead just a few months ago. He’s not delusional, he’s just catering to a new … [Read more...]
