Wild Bunch’s Jean-Philippe Tirel To Hang Acquisitions Shingle
After eight years running Wild Bunch Distribution, Jean-Philippe Tirel is setting out on his own. The exec, who worked at Studiocanal before joining Wild Bunch, helped to launch the company’s successful French distribution arm. He’ll now launch his own acquisitions boutique, Selective Films, backed by private investors and looking to acquire three to four non-French films per year for the French market. Selective will also soon announce a non-exclusive first-look deal with a major French distributor. Tirel’s strong track record includes getting an early jump on and shepherding such local hits as Paranormal Activity, The King’s Speech and Piranha. He also led Wild Bunch Distribution in its release of Little Nicolas which was 2009’s top-grossing French film. Tirel says he’ll acquire a majority of American films and start the buying in Cannes.
Isabella Rossellini And Rosa Von Praunheim To Receive Berlinale Cameras
The Berlinale Camera is a special award presented by the Berlin Film Festival to “film personalities or institutions to which it feels particularly indebted and wishes to express its thanks.” Rossellini was President of the Berlin jury in 2011 and has been a regular guest of the fest for years, first attending in 1994 with Peter Weir’s competition film, Fearless. This year, she has two films: Vincent Bal’s Nono, The Zigzag Kid in the Generation sidebar and Mammas, a work she directed that’s in the Forum Expanded. She’ll receive her honor on February 9. Von Praunheim is considered a pioneer and co-founder of the gay movement in Germany. In his over 40-year career, he has made more than 70 films and presented over 20 of them at the festival. Rosakinder, a film dedicated to him by Tom Tykwer, Robert Thalheim, Chris Kraus, Axel Ranisch and Julia von Heinz, will be shown on February 13 when von Praunheim receives his award.
Federal Court Approves Nine Entertainment’s $3.4 billion Recapitalization
A new chapter for the Nine Entertainment Co. began Tuesday local time when the Federal Court approved a $3.4 billion ($3.57 billion) recapitalization of the television, ticketing and digital media company. The scheme of arrangement entrenches U.S. debt funds Apollo Global Management and Oaktree Capital Management as the largest shareholders and marks the exit of previous owner, private equity group CVC Asia Pacific. The new board will be chaired by former Fox Networks Group president/COO David Haslingden and the directors are expected to include Nine CEO David Gyngell, former treasurer Peter Costello and former Southern Star CEO Hugh Marks. Nine and its advisers UBS are setting up a $700 million debt facility with U.S. lenders. The new company aims to list on the Australian Stock Exchange within 18 months.- Don Groves