PGS To Offer ‘Stan Lee’s Mighty 7’ At Mip Market
Andy Heyward’s A Squared Entertainment is partnering with Stan Lee’s POW! Entertainment and Archie Comics to produce Stan Lee’s Mighty 7. The TV movie trilogy is billed as the first-ever reality superhero show and sees Lee insert himself into the story as a writer hired by Archie Comics to create a new group of superheroes. But when a group of seven aliens crash lands near his trailer, Stan decides to teach them how to behave as superheroes to thwart the military that’s in hot pursuit. The Mighty 7 comic book began appearing last year as a bi-monthly series. PGS Entertainment is kicking off sales at Mip-TV next month with the first movie to deliver in Q4.
Endemol Unveils Mip-TV Lineup
The company will proffer Endemol USA’s Does Someone Have To Go, a fly-on-the-wall reality series set in the workplace that has been commissioned by Fox in the States. The premise sees bosses hand over the reins of their companies to employees who are given the opportunity to shake things up, including firing co-workers. It gets a preview in the U.S. on May 15. Also from Endemol USA is game show Wall Of Fame in which families win cash by correctly answering general knowledge questions and identifying which celebrity on a ‘wall of fame’ also got the right answer. From Endemol Germany, the company is hawking The Brain in which contestants must perform complex mental and physical challenges. It’s already sold to Spain and Italy where it ranked number one in its primetime slot. From Endemol Italy, Next One is a daily game show where players line up to take part in a high-speed game of knowledge. It was the most watched daily entertainment show for the 2012/13 Italian TV season and is being piloted in several territories. Also on the offer are Grading Mom And Dad from Endemol Netherlands, Unbeatable from Endemol Germany and international hit Your Face Sounds Familiar from Endemol Spain which has sold to 20 countries.
Village Roadshow Sells Stake in Concord Music
Village Roadshow Entertainment Group has unloaded its 47% stake in Concord Music Group to funds advised by Wood Creek Capital Management LLC and an investor group that includes Concord’s senior management and industry veterans Steve Smith and Scott Pascucci. Terms were not disclosed but VREG parent Village Roadshow Limited said the transaction has no material financial impact. VRL said the proceeds will reduce debt and free up cash to enable VREG to focus on film production, primarily its co-prods with Warner Bros. which include The Great Gatsby, All You Need Is Kill, Mad Max: Fury Road and Jupiter Ascending. VREG is committed to co-produce 6-8 Hollywood films per year after renewing its JV with WB for five years and increasing its U.S. credit facility to $1.1B last November. Glen Barros remains as Concord president/CEO and chairman Norman Lear becomes chairman emeritus. Concord’s roster includes Paul McCartney, Paul Simon, Alison Krauss, Chick Corea, James Taylor, Carole King, George Benson and Kenny G.- Don Groves
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