WestEnd Films Seals Multiple Deals For Nicolas Cage Drama ‘Joe’
International sales company WestEnd Films has closed a raft of deals on David Gordon Green’s drama Joe, starring Nicolas Cage and Tye Sheridan. The film debuted in Venice, where Sheridan won the best newcomer prize. The Worldview Entertainment-produced and -financed film then appeared in Toronto, where deals were sealed with Japan (CCC), Australia (Madman), Benelux (Cinéart) and Scandinavia (Non Stop). Artificial Eye picked it up in the UK, and the film had previously sold to 15 territories include France (Wild Side), Germany (Koch Media), Latin America (Swen), China (Media Asia), Israel (United King), and Greece (Spentzos Films). CAA is repping the North America rights, with Lionsgate/Roadside Attractions and Magnolia Pictures being the front-runners as of Friday.
Vodafone Set To Acquire Germany’s Kabel Deutschland For $10.2B
Shareholders of Kabel Deutschland — Germany’s largest cable company — voted Friday to accept Vodafone’s buyout offer of €87 ($115.70) a share, which includes a €2.50 dividend payment. Vodafone, Germany’s top mobile network with 32 million subscribers, said the required 75% minimum of Kabel investors had been met. The deal, which gives Vodafone 7.6 million cable subs, continues its strategy of offsetting declining revenue by selling mobile phone subscriptions alongside TV, landline and broadband services. Reuters reported Friday that three hedge funds that tendered shares enabling Vodafone’s successful Kabel bid plan to sue for a better price for their outstanding holdings.