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Barrandov Gets Bankable Owner

Beleaguered Barrandov Studio has yet another new owner now that ousted studio boss-turned-studio owner Vaclav Marhoul has just sold 42% of the company to the local financial institution which made him the loan to purchase the studio. The buyer is First Silas, which has holdings in areas as diverse as banks and factories. The sale price was equal to what was paid for it “plus interest,” Marhoul said.

Marhoul keeps his president’s title along with 32% of shares – enough needed to veto decisions by the studio’s board of directors.

Besides moving Barrandov ownership ever further from film circles, the deal appears to set the foundation for the studio’s third level of collateralized debt.

Original investors (which included Marhoul) in 1991 took over the studio from the Czech government on a 10-year, half-billion crown ($20 million) repayment agreement.

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