×

Barrandov revs up revs

Flood of film projects has kept studio busy

PRAGUE — In the first seven months of this year, Barrandov film studio has generated revenues of just over $12 million, compared to $14 million for all of 1999.

A flood of Hollywood film projects has kept Barrandov full for much of the past year, and Hollywood’s passion for Prague shows no signs of letting up anytime soon. The studio is completely booked through May 2001, with both Universal and MGM set for shoots here.

Barrandov also took a major step toward resolving problems that have delayed a long-awaited sale to a group of Canadian investors working under the umbrella name of the Kodiak Group.

Barrandov paid an outstanding debt of $6.5 million to the Czech National Property Fund on Tuesday. Days earlier, it eliminated the state’s “Golden Share” from its company statutes, the last step in legally ending the government’s right to veto moves made by the studio.

While observers have grown cynical of claims that a sale of Barrandov could be completed “next month,” repeated regularly since early last spring, this time there appears to be concrete action toward concluding negotiations with an unspecified Canadian consortium.

Popular on Variety

More Film

  • Dogwoof Boards Venice-Bound Imelda Marcos Doc

    Dogwoof Boards Venice-Bound Imelda Marcos Documentary ‘The Kingmaker’ (EXCLUSIVE)

    Dogwoof has boarded Lauren Greenfield’s “The Kingmaker,” about Imelda Marcos, the former first lady of the Philippines. The hotly anticipated feature doc delves into the disturbing legacy of the Marcos regime and Imelda’s attempts to aid her son’s political career. It will have its world premiere at the Venice Film Festival and then screen at [...]

  • Yao Chen in “Send Me to

    Cheng Cheng Films Nabs North American Rights to China's 'Send Me to the Clouds'

    New York-based distributor Cheng Cheng Films has acquired North American rights to first-time Chinese director Teng Congcong’s comedy drama “Send Me to the Clouds,” starring and produced by A-list actress Yao Chen. The company is planning a theatrical release for fall 2019. “Cheng Cheng has always championed films with strong female leads,” the firm said [...]

  • A White White Day

    Film Movement Brings ‘A White, White Day’ to the U.S. (EXCLUSIVE)

    OSLO  —  New-York based distributor Film Movement has acquired U.S. rights to critically-lauded Icelandic drama “A White, White Day,” today’s opening film at New Nordic Films in Haugesund. In a separate deal, sales agent New Europe Film Sales has closed French-speaking Canada with Funfilm and English-speaking Canada with Game Theory. Hlynur Pálmason’s sophomore pic, “A [...]

  • (from left) Deckard Shaw (Jason Statham)

    Korea Box Office: ‘Hobbs & Shaw’ Topples ‘Exit,’ ‘Roar to Victory’  

    Opening on Wednesday, “Fast & Furious Presents: Hobbs & Shaw” debuted on top of the South Korean box office. Showing on some 1,311 screens nationwide, the UPI release earned $15.1 million from 2.03 million admissions over five days. That included the four-day National Liberation Day weekend. “The Battle: Roar to Victory” remained in second. The [...]

  • Tracy Morgan Netflix stand-up special

    Film News Roundup: Tracy Morgan Joins Eddie Murphy's 'Coming 2 America'

    In today’s film news roundup, Tracy Morgan and Michael Rooker book roles in major movies, and Gravitas buys “Christmas Break-In.” CASTINGS Tracy Morgan has signed on to appear in Eddie Murphy’s “Coming 2 America” sequel as the brother of Lesley Jones’ character. “Hustle & Flow” helmer Craig Brewer is directing the project with Murphy, Kevin [...]

  • Spider-Man Far From Home

    'Spider-Man: Far From Home' Gets Re-Release With New Scene

    Sony Pictures is re-releasing “Spider-Man: Far From Home” with a new action scene. Starting Aug. 29, a new extended cut, featuring four minutes of a never-before-seen action sequence, will be released in theaters in the United States and Canada. The film will also be available in IMAX and large formats in select locations. “Spider-Man: Far [...]

  • Matthew Modine

    Supporters Back Matthew Modine After Clumsy Joke at SAG-AFTRA Meeting

    More than 100 women, including Ellen Barkin and Allison Janney, have voiced support for Matthew Modine’s campaign for SAG-AFTRA presidency, following a joke at a SAG-AFTRA meeting that some decried as misogynist. With voting set to conclude on Aug. 28, the campaigns have featured vitriolic attacks between supporters of Modine, secretary-treasurer Jane Austin and incumbent [...]

More From Our Brands

Access exclusive content