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India
Opens its IMAX Dome

Come
April, film news in India was dominated by the advent of something
completely new and different, the size and scale of which had not
been anticipated or imagined. This was the opening of India's IMAX-Adlabs
Theatre -- the first of its kind in the sub-continent and one that
boasts of the world's largest dome. It was inaugurated with pomp
and glory in Bombay on March 25.
WGA's
Money For A Rainy (Strike) Day
In the event of a writers' strike, the Writers' Guild of America
has announced that $10 million in loans will be available to members
through a Guild fund. The sum is made up of $7.4 million in the
organization's strike fund and the remainder from the good and welfare
fund, an ongoing program for emergency loans. The strike fund has
been created from dues collected and as used to finance $3.2 million
worth of loans during a 1988 strike that lasted 22 weeks. The WGA
East also runs a strike fund, and the WGA will go on strike if negotiations
fail by the May 2 contract expiration.
EU Adopts Copyright Law
A copyright bill approved by EU industry ministers and the EU Parliament
this week gives rights holders in Europe the ability to use encryption
to prevent illegal copying, but leaves many loopholes. The copyright
directive had been tossed around the European organizations for
three years to protect copyright holders. The final version accepted
this week disappoints the film and music industries because it does
not prohibit temporary acts of reproduction such as cache copies.
However, when the directive becomes fully enforced in eighteen months,
rights holders will be able to use encryption to hinder illegal
copying, a measure directed at Internet users. The law comes in
response to a similar law in the US, the Digital Millenium Act.
MGM Lion Roars On The Small Screen
MGM took a big step into the television market this week by announcing
its first fully-owned and operated TV outlet, the MGM Movie Channel.
It will be a round-the-clock digital movie channel in New Zealand
in cooperation with Sky Network Television Limited. The move follows
MGM's acquisition of a 20% stake in other cable channels such as
The Independent Film Channel and American Movie Classics. The movie
studio already has stakes in sixteen international channels.
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Taj
Mahal Story on Big Screen
US-based
Indian technology tycoons have come together to fund an Imax movie
on the 17th century marble mausoleum in India, the Taj Mahal. The
famous palace, also known as the Seventh Wonder in the World, was
inspired by the Mughal Emperor Shah Jahan's intense love for his
favourite wife and Queen, Mumtaz. The project has even attracted
the funding of Silicon Valley tycoons known for backing hot technology
startups with venture capital. They've even created a company called
India Lotus Inc to fund and back Taj Mahal, the movie.
French
Fund Targets Eastern Exodus
The Parisian metropolitan region of Ile-de-France is fighting the
move of film production to Eastern European countries by pouring
15 million francs into the local film industry. Two-thirds of the
money will be directed specifically at the technical side who will
be encouraged to use local services. The donation will help between
two and six feature films a year and help sustain the French industry
which counts 5000 permanent jobs in the Parisian region in 600 companies.
A regional film commission will also be created to attract filmmakers
to the area. The sum of the regional industry comes to an annual
6 billion francs.
Putin Drives Russian Cinema Towards Capitalism
After the fall of communism, it was only a matter of time before
Russian cinema was reformed, and president Vladimir Putin is up
to the job now. He announced last Thursday his plans to revive Russian
cinema, focused on two points. From the studio side, some of the
state-owned studios will have share offerings to raise capital even
though he is not willing to privatize the companies. He hopes it
will even out the playing field a bit for the roughly 40 studios
that produce only one film a year and Lenfilm, the powerhouse that
produces a dozen and offers better quality and financing for directors.
The move to offer shares in the studios could develop into a later
privatization of the companies.
Secondly, Putin will work on film audiences by renovating or building
150 theaters belonging to the state. The goal is to drive up audiences
of Russian films from a paltry 7% to 30% and improve the distribution
system.
The Russian film industry currently is a money-sucking project with
each film production costing $800,000 but bringing in only $150,000
from the theaters and $200,000 on video.
Mexico
Grows Home Film Industry
The Mexican parliament has amended a 1992 law concerning film that
will bring more money to Mexican film production and more national
films to the screens. It has created a fund of 100 million pesos,
roughly $600,000, to help Mexican film production which typically
turns towards private funding, as in the case of Amorres
Perros (Love's a Bitch), supported entirely by private
funds. Then the films will be guaranteed cinema space. The legislation
reserves 10% of theater sceens for Mexican films. The move might
sustain the current trend of Mexican cinema where Mexican cinema
now accounts for 13% of national film revenue, up from 3% in 1998.
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