Red Arrow Studios , the production group owned by German broadcaster ProSiebenSat.1 , took a €46 million ($55M) hit to its revenue in 2020 after the coronavirus pandemic halted production around the world. Red Arrow-owned Kinetic Content landed a big Netflix hit in the shape of Love Is Blind , but it was ultimately an unsettled year for the production empire amid Covid-19. ProSiebenSat.1 shelved plans to sell the company because of the pandemic, while the producer’s CEO James Baker was among a number of senior executive departures. Red Arrow is now overseen by a ProSieben advisory board. According to ProSieben’s full-year earnings, Red Arrow’s total revenue fell 6% from €730M in 2019 to €684M last year. Adjusted EBITDA dropped 12.6% to €42M. Revenue picked up in Q4 last year, when sales hit €235M, compared with €222M in 2019. Related Story BBC Casts 'My Name Is Leon'; Red Arrow Locks-In CPL; ITV Renews 'Finding Alice'; ITV Orders 'Britain's Tiger Kings' -- … [Read more...] about ‘Love Is Blind’ Producer Red Arrow Studios Takes $55M Hit To Revenue During Pandemic
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This year’s 55th edition of the Karlovy Vary International Film Festival has been postponed from early July to August 20-28, 2021. Organizers cited the ongoing pandemic situation in Czech Republic as the motivating factor for the move. “Moving the festival’s dates back by seven weeks will offer the best chance of holding this cultural event closer to the extent that audiences and festivalgoers have become accustomed to,” the festival said. “Our decision to take this step was made after consulting with experts and upon a careful consideration of the current situation. We hope that the coming months will see a significant increase in vaccinations, thanks to which the pandemic will be brought under control, thus allowing us to hold the Karlovy Vary festival in a form that will be maximally safe for guests and visitors. Naturally, we are ready to observe all applicable regulations,” added KVIFF’s executive director Kryštof Mucha. Related Story Karlovy Vary Film … [Read more...] about Karlovy Vary Postpones 2021 Event To Late August As Pandemic Continues To Hurt Euro Film Festivals
Frank Darabont spent five fruitless years of pitching an idea for a zombie television series. But he’s back on Hollywood’s A-list after The Walking Dead , which he created from Robert Kirkman’s original comic book, generated higher ratings in its first season than any of AMC’s previous original shows. Now Darabont has two Hollywood Guild award nominations to go with his three Oscar nods for writing and directing The Shawshank Redemption and The Green Mile . He talks about his longtime love affair with the undead with Deadline TV Contributor Ray Richmond : DEADLINE: Are you such a fan of zombies because you work in Hollywood? FRANK DARABONT: Yes, there are plenty of zombies working in the industry. But I’ve always wanted to tackle the zombie mythos since I was a kid and saw Night of the Living Dead — the original black-and-white version — at a midnight screening. It was just a niche thing then. But I think in the past five years it’s become far more widely embraced. … [Read more...] about EMMYS: ‘Walking Dead’s Frank Darabont
Ten years ago, when Zoya Akhtar's Zindagi Na Milegi Dobara starring Hrithik Roshan, Abhay Deol, Farhan Akhtar, Katrina Kaif and Kalki Koechlin hit the theatres, fans went crazy over the film. Before Zindagi Na Milegi Dobara , it was Farhan Akhtar's Dil Chahta Hai that became a sensation among youth. Both films were based on three friends and a road trip, which plays an important role in the film's script. Now, we hear that Farhan is keen to direct a female version of Zindagi Na Milegi Dobara and wishes to cast Alia Bhatt in the lead role along with two other A-list actresses. "While Farhan acted in ZNMD, this time around, he will be directing this yet untitled film. It is written by him and Zoya, and though the concept of road trip remains the same, the narrative is diametrically different from what they did in the 2011 film. They have locked on the broad idea of this story through the lockdown," (sic) revealed a source close to Farhan. ALSO READ: … [Read more...] about Farhan Akhtar To Make Female Version Of Zindagi Na Milegi Dobara With Alia Bhatt & Two Other A-List Actresses?
Movie theaters have been shut across the country since it went into its second lockdown in November. Late Wednesday night there was a sliver of good news for the German film industry —and for anyone trying to sell films into Germany at this week's virtual European Film Market: Germany plans to re-open cinemas. Sort of. Chancellor Angela Merkel's federal government, and representatives of Germany's states, have agreed to a "five-step" program to take the country out of lockdown, including plans to re-open movie theaters, which have been shuttered since November —in the country's second coronavirus lockdown. Under the plan, Germany is set to remain under lockdown until at least March 28, but some businesses will be allowed to open and operate, under hygienic conditions, depending on the infection levels in individual cities and regions. The five steps in the plan refer to infection levels —the number of registered COVID-19 infections per 100,000 population—with restrictions easing … [Read more...] about Berlin: Germany Unveils Plan to Re-Open Cinemas But Uncertainty Remains