SEG to pursue insolvent company's ambition for distrib network
MILAN — The cosmopolitan execs who previously ran Helkon Intl. Pictures — Christian Halsey Solomon, Lee Solomon and Clifford Werber — have launched sales, distribution and production venture Solo Entertainment Group.SEG, with offices in Los Angeles, New York, Munich and Madrid, has taken over Helkon’s old slate, including Anthony Waller’s thriller “Nine Miles Down,” starring Val Kilmer, and the showbiz satire “Chump Change,” featuring Traci Lords. It also has a minority stake in German distrib Solo Film Entertainment, launched this summer by former Kinowelt managing director Peter Heinzemann. SEG plans to pursue Helkon’s unfulfilled ambition to create a pan-European distribution network spanning Germany, Italy, France and Spain. But the venture, which is making its debut at the Mifed film mart in Milan, must first complete its corporate financing, a process that began two weeks ago with the completion of the buyout of HIP from its insolvent German parent Helkon. According to Halsey Solomon, SEG’s core businesses will be foreign sales, European distribution, production and consulting. The German distrib is already operating, repping movies for a fee from buyers such as Telepool. It expects to raise the coin to buy pics in its own right by next year, when it also plans to launch its own video arm. Separately, the partners are lining up investors for the foreign sales and production biz. The existing sales slate also includes “The M Word,” a comedy written by Mark Andrus; “Gene Pool”; and several family pics including the completed “Hansel and Gretel” and development projects “Red Riding Hood” and “Dragon Slayers Academy.” Shortly, the company plans to open a Paris office for French theatrical and TV production. SEG is particularly interested in accessing German tax coin for big-budget French movies. Company is already involved in TV production in Italy, where it is producing the series “Kant’s Underwear” for broadcast on pubcaster RAI.