Shochiku, Japan’s oldest movie studio, has sold its studio complex south of Tokyo to a women’s college for $100 million. This is the second major cash deal for 104-year-old Shochiku in a month, following sales of its shares of Fuji Television.
Helkon Media has set up a joint-venture music production and publishing house together with Me, Myself & Eye Film & TV Produktions (MME).
Eyekon Musikproduktions & Verlagsgesellchaft will develop film music and market soundtracks.
Me, Myself and Eye is a leading production company founded by Helkon co-founder Werner Koenig.
Salter Street Films has sold two series to U.S. broadcasters. American Public Television (APT) has purchased all 19 half-hours of “The Industry.” The fourth season of “Emily of New Moon,” co-produced with Cinar, was purchased by children’s channel WAM! Network.
HBO is to launch in India in early 2000 as a pay TV network. Parent company Time Warner currently distributes TNT, CNNI and the Cartoon Network in India.
Sony, meanwhile, will add a Columbia Movie Channel to its bouquet of channels in India. Already up and running are Sony Entertainment Network, AXN and SET Max.
“Orfeu” will rep Brazil in the Oscar foreign-language film derby. “Orfeu,” the Globofilmes pic helmed by Carlos Diegues, is a remake of the Marcel Camus-directed “Black Orpheus” (1959), which won an Oscar for best foreign-lingo pic and Cannes’ Palme d’Or.
TV Cidade, the largest new cable player in Brazil’s pay-TV sector, has signed a license agreement with Globo-controlled NET Brasil under which the new MSO will carry the programming and use the mark of NET. Globo, through Globo Cabo and NetSat, has 64% of Brazil’s 2.7 million pay-TV subs.