In an upset, modestly budgeted 3-D kidpic "Journey to the Center of the Earth" has advanced to the Oscar visual effects bakeoff -- and created a logistics headache for the Academy in the process.
Markets & Festivals
Gallic media entrepreneur Stephane Courbit, the former prexy-CEO of Endemol France, has acquired a 49% stake in French website MyMajorCompany.
The 18-strong feature competish lineup of the 40th Hungarian Film Week, which runs Jan. 27-Feb. 3, will include seven pics by frosh helmers.
While the world's financial crisis may mean fewer participants at next month's Berlinale's European Film Market, it hasn't hampered reservations at the mart's main venues.
Shaw Brothers' library of classic kung fu films will soon be coming to TV sets in Russia and other former Soviet countries.
U.K. homevid sales climbed 3% last year even though the credit crunch torpedoed a number of DVD retailers and hit consumers in the pocket.
"The Curious Case of Benjamin Button," "Iron Man," "The Reader," "Revolutionary Road" and "Slumdog Millionaire" have been named finalists for the 21st annual USC Libraries Scripter Award.
Regent Releasing has nabbed North American rights to Yojiro Takita's drama "Departures." Pic follows an unemployed cellist who takes a job as a Japanese "nokanshi," preparing dead bodies for the…