Barrandov future up to shareholders

Lumar backing a mystery

PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov.

That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious.

Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s Czech pic, “Return to Paradise Lost.”

Stefan Vorzacek (one half of the Lumar partnership, along with Ludvik Nemec), had no comment, but the cognoscenti say that Credit Suisse, acting on behalf of Lumar, have completed their deal, following $250,000 in due diligence.

Summer’s end

Their exclusive negotiation period with Barrandov was valid through the end of August, making the early September shareholders’ meeting the date for laying their cards on the table.

The selling price for the studio complex and related properties is said to be $30 million.

That would buy up the 80% share currently owned by Moravia Steel, which has been looking to unload Barrandov for most of the past year.

Moravia Steel ousted former CEO Vaclav Marhoul in May of last year, but Marhoul still holds 20% of Barrandov. Marhoul told Daily Variety that he would like to sell his stake as well.

The question still unanswered is: Who’s backing Lumar? The producers had been coy about answering questions regarding the financing of the Jasny film, saying only that the money came from private sources. That film is the pair’s maiden venture into features.

More Biz

  • Netflix Reed Hastings

    Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • Johnny Depp

    Johnny Depp Settles Feud With Former Managers

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • Ed Sheeran Shape of You

    Ed Sheeran Tops Pollstar’s Mid-Year Touring Charts as Industry Soars to Record Gross

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • Lantern Capitol

    Weinstein Co. Closes $289 Million Sale to Lantern Capital

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • BMG to Relaunch ‘Live from Daryl’s

    ‘Live from Daryl’s House’ to Relaunch in the Fall Via BMG Partnership (EXCLUSIVE)

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • STX Targeting August IPO in Hong

    STX Targeting August IPO in Hong Kong (Report)

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

  • EXCLUSIVE: AR for US, UK and

    Pussy Riot Claims Responsibility for People Running Onto Field During World Cup

    PRAGUE — The spotlight will be shining on the shareholders’ meeting Wednesday at Barrandov. That’s when discussions about a Credit Suisse offer to buy the studio are expected to turn serious. Behind the negotiations are a pair of young and relatively unknown Czech producers whose company, Lumar Film, is currently in production with Vojtech Jasny’s […]

More From Our Brands

Access exclusive content