Giant theater chain Cineworld will convene a meeting of its shareholders on April 20 related to the Chapter 11 process currently underway in a Texas bankruptcy court. The meeting, which is in-person only, is required by UK securities law, Cineworld said today, “in circumstances where the value of the company’s net assets is less than half of its called up share capital” – officially constituting a “serious loss of capital.” The purpose — “allowing shareholders to consider whether any, and if so what, steps should be taken to deal with the situation.” That said, there isn’t much stockholders can actually do beyond “consider” as they’re set to be wiped out, something the company acknowledged, saying, “It is not expected that any plan of reorganisation or sale transaction would result in any recovery for Cineworld’s shareholders.” The Board “is calling the General Meeting to ensure that this matter is addressed as required by the Act. The Board welcomes dialogue with the … [Read more...] about Regal Parent Cineworld Plans UK Meeting Of Shareholders As Bankruptcy Proceeds In Texas
Publicis sapient appoints teresa barreira as chief marketing officer
‘John Wick: Chapter 4’ Consumer Products Line Includes Action Figures, Apparel, Drinkware & Fleece Throws
EXCLUSIVE: The John Wick franchise has flourished in its post theatrical market, and strong the Keanu Reeves action series will remain in that sector. Ahead of John Wick: Chapter 4 ‘s opening tomorrow, Lionsgate has unveiled its largest consumer products program to date for the film. Together with the studio’s global consumer products representative, licensing giant IMG, a diverse range of John Wick products have been curated including an apparel collection with American Classics (currently available at Box Lunch, Spencer’s and Hot Topic) as well as a collectible figures line with YouTooz launching later this year. In addition, other partners include Hot Toys for John Wick action figures, Prime 1 for statues, and Medicom for collectibles. There’s also a collection with Ripple Junction featuring apparel and accessories comprised of drinkware, bags, and fleece throws, as well as an in-theatre merchandise deal with Zinc. “We’ve created a world of John Wick … [Read more...] about ‘John Wick: Chapter 4’ Consumer Products Line Includes Action Figures, Apparel, Drinkware & Fleece Throws
Walter Presents Seals Five-Title Drama Deal With Beta For Australia & New Zealand
EXCLUSIVE: Non-English language drama streamer Walter Presents has acquired a package of five drama titles from Beta for release on its services in Australia and New Zealand. The titles include Italian YA drama The Sea Beyond , Spanish investigative drama Rapa and German WWII miniseries The Turncoat . The Sea Beyond , revolving around young inmates in a Naples prison, has enjoyed strong ratings in Italy on Rai, RaiPlay and Netflix since its launch in late 2020. The third season is currently enjoying linear success on Rai2. Rapa , which was the most watched show on Spanish streamer Movistar Plus+ in 2022, follows a high school teacher and local police officer in the Spanish port city of Ferrol, who form an unlikely team in solving a murder case. Two-part, event mini-series The Turncoat is about a young German soldier in 1944, who is posted to a small unit in the Polish woods, where he connects with local partisans and becomes torn between a sense … [Read more...] about Walter Presents Seals Five-Title Drama Deal With Beta For Australia & New Zealand
BBC Must Explain Glossy U.S. Acquisitions After Being Accused By ITV Of Chasing Ratings
The BBC has been told that it must be more transparent about its content acquisitions strategy after being accused by ITV of buying glossy U.S. shows to chase ratings. Ofcom , the UK’s media regulator, said the BBC must explain in its Annual Plan how buying content, as opposed to commissioning British originals, supports “distinctiveness” and engages different audiences. The BBC is funded by the British public to the tune of £3.8B ($4.7B), meaning it has an obligation to be distinct from commercial rivals like ITV and serve all audiences. Ofcom made the intervention as part of plans to update the BBC’s operating licence for a digital age from next month. A guiding principle of the changes is transparency, with Ofcom arguing that the BBC has not always provided proper “detail and clarity” on updates to its output and services. In a submission to Ofcom’s review, ITV said the BBC had “dramatically increased” its spend on acquired content over the past six years, … [Read more...] about BBC Must Explain Glossy U.S. Acquisitions After Being Accused By ITV Of Chasing Ratings
‘Son Of A Critch’ Renewed For Season 3 By CBC
EXCLUSIVE: Canadian comedy Son of a Critch is establishing itself as a mainstay of CBC ’s schedule as it is greenlit for a third season before the second has finished airing. CBC said Season 2, which finishes next week, is the pubcaster’s most-watched English Canadian comedy series and most-watched show with 18-49 year olds. The series is produced by Schitt’s Creek’ s Andrew Barnsley and created by Mark Critch, who plays a fictionalized version of himself based on his award-winning memoir, with The Office scribe Tim McAuliffe. The show tells the story of 11-year-old Mark coming of age in St. John’s, Newfoundland in the ’80s, a boy much older inside than his 11 years – using comedy and self-deprecation to win friends and connect with the small collection of people in his limited world. Filming begins on Season 3 in Newfoundland this summer. “I’m honoured to have such talented people bringing my life story to the screen,” said Critch. “It’s a joy to start work … [Read more...] about ‘Son Of A Critch’ Renewed For Season 3 By CBC
A24 Sets Disaster Comedy ‘Y2K’, To Be Directed By ‘SNL’ Alum Kyle Mooney; Jaeden Martell, Rachel Zegler, Julian Dennison & More To Star
EXCLUSIVE : Hot on the heels of their historic Oscars sweep with Everything Everywhere All at Once and The Whale , A24 has set the cast for Y2K , a dial-up disaster comedy to be directed for the studio by SNL alum Kyle Mooney . Jaeden Martell ( It ), West Side Story breakout Rachel Zegler and Julian Dennison ( Deadpool 2 ) lead a stacked ensemble that also includes Lachlan Watson ( Chilling Adventures of Sabrina ), Mason Gooding ( Scream VI ), 5x Billboard Music Award-winner The Kid Laroi, Tim Heidecker ( Us ), Eduardo Franco ( Stranger Things ), Miles Robbins ( Blockers ), Alicia Silverstone ( The Killing of a Sacred Deer ), Fred Hechinger ( Fear Street Trilogy ) and Daniel Zolghadri ( Funny Pages ). In the film penned by Evan Winter , which is set on New Year’s Eve 1999, two high school nobodies (Martell, Dennison) decide to crash the last big party before the new millennium. When the clock strikes midnight, the night … [Read more...] about A24 Sets Disaster Comedy ‘Y2K’, To Be Directed By ‘SNL’ Alum Kyle Mooney; Jaeden Martell, Rachel Zegler, Julian Dennison & More To Star
CAA TV Lit Agent Christopher Licata Joins 42 As Manager
EXCLUSIVE: Television literary agent Christopher Licata has left CAA — and agenting. He has joined Los Angeles and London-based management and production company 42 ( The Silent Twins, The Flatshare ) as a manager. Based in 42’s Los Angeles office, Licata will continue to specialize in literary talent representation, working with creators and writers across television and film. Licata had been a TV agent at CAA since 2017. He will continue to represent a number of his clients in his new role of manager at 42, including showrunners Alena Smith, Caitlin Parrish & Erica Weiss, Jeffrey Paul King, and Ben Roy; New York Times bestselling author Mackenzi Lee; Australian TV creator and screenwriter Maria Lewis; and Mexican filmmaker and TV creator Carlos Rincones. “Chris is a whirlwind of ideas and creativity, and his exceptional clients have a partner and guide that is built for management,” said Josh Varney, 42 Managing Partner. “As we continue to build our domestic … [Read more...] about CAA TV Lit Agent Christopher Licata Joins 42 As Manager
Oscar Winner Roger Ross Williams: Spending On Oscar Doc Campaigns Has “Gotten Insane” — CPH:DOX
Oscar winner and Academy member Roger Ross Williams is saying publicly what many in the documentary community have stewed over privately – that the sums of money being spent on Oscar documentary campaigns has “gotten insane.” And Williams, a former Academy Governor representing the Doc Branch, says something may be done about it. “We in the Academy, in the Doc Branch, have a campaign finance reform committee… to sort of try to work through that and figure out solutions to that. It’s gotten insane. It’s gazillions of dollars to get seen and heard,” he said, “and that’s so troubling because it should be on the merit of the films.” His remarks, less than two weeks after the Academy Awards, came in a discussion with documentary programmer and Pure Nonfiction podcaster Thom Powers at CPH:DOX in Copenhagen. Powers asked the filmmaker about “the escalating attention that awards season sucks up in our industry,” and Williams didn’t hold back. “We know it’s awards, it’s the … [Read more...] about Oscar Winner Roger Ross Williams: Spending On Oscar Doc Campaigns Has “Gotten Insane” — CPH:DOX
Picturestart & Picture Perfect Federation Set JC Lee To Direct ‘Bad Genius’; Unveil Key Cast & Int’l Deals
Picturestart and Picture Perfect Federation have set JC Lee to direct the English-language remake of Thai hit Bad Genius and also announced key cast members as well as a raft of international presales. Lee also takes co-writing credits for the English-language screenplay with Julius Onah, who was previously announced as the director. The pair previously collaborated on the Sundance 2019 title Luce , adapted from Lee’s original play of the same name. Up-and-coming talents Callina Liang, star of ITVX teen drama Tell Me Everything , and Jabari Banks (Bel-Air) will star with veteran UK actor Benedict Wong ( Doctor Stranger In The Multiverse Of Madness ). The English remake is billed as a high-stakes, high-octane thriller about a diverse group of young people who team up to fight the system of injustice and inequity and take down the rigged academic institutions around them. It is produced by Erik Feig and Jessica Switch at Picturestart with Patrick … [Read more...] about Picturestart & Picture Perfect Federation Set JC Lee To Direct ‘Bad Genius’; Unveil Key Cast & Int’l Deals
Anderson Cooper To Host New CNN Sunday Primetime Series ‘The Whole Story’
Anderson Cooper will host a new Sunday primetime series for CNN , The Whole Story with Anderson Cooper , as the network works to revitalize its nighttime lineup. The new series, which will be a recurring weekly series, will feature single subject episodes from the network’s longform storytelling team. That will include special interviews, profiles and investigations. The debut is set for April 16 at 8 PM ET. Among the planned episodes will be Sara Sidner’s look at San Francisco and the social issues plaguing the city; Pamala Brown’s examination of claims that Johnson & Johnson’s now discontinued baby powder caused cancer; David Culver’s Magic Mushrooms , looking at the medicine and the money surrounding the psychedelic plant; Erica Hill’s look at the upcoming coronation of King Charles and Queen Consort Camilla; and Nick Paton Walsh’s embed with a group of migrants from Central American on their way to seek asylum in the United States. Susan Chun is the … [Read more...] about Anderson Cooper To Host New CNN Sunday Primetime Series ‘The Whole Story’