Mandalay eyes German IPO

De Niro, Costner pics to be part of new venture

Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall.

A person familiar with the talks said that the newly forming entity would likely be traded on the Neuer Markt — the German version of the Nasdaq — though it’s not yet clear what percentage Mandalay might take in the venture. A source familiar with the talks said that it would be “substantial.”

KC Medien is a one of the largest media funds in Germany. It was formed in 1996 by Teuton media baron Rolf Deyle and Kapital Consult’s Walter Fink to raise funding from private German investors for film projects and acquisitions at Cappella Films.

Cine-Artists, also a Teutonic film finance company, KC Medien, and the Paramount-based Manadaly were all introduced in the summer of 1999, when all reached a deal to back Jean-Jacques Annaud’s “Enemy at the Gates.” The pic is currently lensing with Joseph Fiennes and Jude Law toplining.

Mandalay is also producing three pics simultaneously for equity partner Par: “The Score” with Robert De Niro and Edward Norton; Oliver Stone’s “Beyond Borders” with Kevin Costner and Meg Ryan; and most recently with co-producer Scott Rudin, “Zoolander” with Ben Stiller.

All three forthcoming films, and all previous Mandalay material (like the $100 million hit pic “The Legend of Sleepy Hollow”) would be included in the new IPO’d venture, according to one insider.

More Film

  • No Merchandising. Editorial Use Only. No

    ‘Skyscraper’ Tops China Box Office With $48 Million Opening

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

  • ABBA performing as an unknown band

    The Secret Majesty of ABBA: They Were the Feminine Pop Opera of Their Time

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

  • Dwayne Johnson's 'Skyscraper' Leads China Box

    China Box Office Propels 'Skyscraper' to $75 Million Overseas

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

  • Durban FilmMart Celebrates Women as Industry

    Durban FilmMart Celebrates Women as Industry Still Struggles With Transformation

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

  • MayFair, directed by Sara Blecher

    Sara Blecher’s ‘Mayfair’ Brings Feminine Gaze to Gangster Tale

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

  • Todd Brown, XYZ Films

    African Finance Under Spotlight at Durban FilmMart  

    Mandalay Pictures and stakeholder Lions Gate are in advanced negotiations with German financing entities — KC Medien and Cine-Artists — to form a new motion picture company that could be taken public as early as this fall. A person familiar with the talks said that the newly forming entity would likely be traded on the […]

More From Our Brands

Access exclusive content