Issue No. 14 MediaTainmentFINANCEd Appreciate the Value to Business MIPCube fever is back For Decision-Makers and StrategistsmentMT; @JayKayMed Creativity Brings The second edition of the Who Value Creativity an Expendables producer in WWII drama future-of-TV event heats up www.mediatainmentfinance.com Head to Cannes Facebook: MediaTainment Finance; during MIPTV 8-11 April 2013 Twitter: @Mediatain or Tune into www.mipcube.com nvestors spin new Carmaggedon … 3-14 quin romances e-books NEWS Toast & Jam goes sweet on film ; film: Print mediaNitin Sawhneytune into TV;in direct-to-disc Goldman Sachs history sells 50% of CSI page 15 tv: UK tax relief delayed; I Qatar fund 3D printer escalates revolutionises stake in Tiffany’s home building music: Time Warner; Harle games: Stephen King’s novel digital campaign stuck right in the middle of fashion: dia collaborations architecture: India backs theme-park tourism books/prints:Europe’s Illegal richest to retransmit soccerPhotographer players live broadcastin censorship lawsuit country has spawned some of the world’s ads/marketing: sport: page 26 page 34 copyright: investors are lining up for Sports, a share brand … and me Europe’s biggest economy is live entertainment: r jumped from the edge of space and became photography/art: have denounced it as “the FEATURES & REPORTS Don’t turn your nose GERMANY: just text and be key to the never-ending fiscal euro crisis; but this of America’s most respected TV channels; biggest media empires, and foreign s its country of origin, Qatar, fit in? … MIPCube Feature: FELIX The USBAUMGARTNER Administration is said to &page 39 RED BULL MEDIA HOUSE flew to new heights when skydiver Baumgartne the first human to break the speed of sound in free fall; ngfind devices out how might Red hold Bull more and Red than Bull Media House used new technology to give him wings - literally ... AL JAZEERA: -content digital devices ... terrorist network” but it recently took over one what is Al Jazeera up to globally and how doe MTF FORUM: THE e-BOOKONOMY up at e-readers; those clunky-looki the next generation of multi Content March/April 2013 NEWS NEWS Film: Page3 Page 13: Photography/Art Television: Page4 Page 14: Copyright Music: Page5 REPORT Page15: Country Profile - GERMANY Games: Page6 FEATURES Page26: MIPCube Q&A Sessions - FELIX BAUMGARTNER & Out-Of-Home: Page7 RED BULL MEDIA HOUSE Page34: Creative Corporate - AL JAZEERA MEDIA Sport: Page8 NETWORK Page39: Feature Forum - BOOKS Ads & Marketing: Page9 Page37-38: MTF DIARY listing of international conferences and events Architecture/Design: Page10 Back Page: ABOUT MTF Books/Print: Page11 SUBSCRIPTION: To subscribe to the most enriching and enlightening aide to your media Fashion/Luxury: Page12 and entertainment business strategies, contact [email protected] FILM Toast & Jam firm hungers for new films US investment bankers Neil Grossman and Howard Silverman have launched Toast & Jam Hold- ings, a joint venture with California-based film production-and-distribution outfits Cosmic Toast Studios and Cinipix. The new umbrella company was set up after Grossman and Silverman injected “significant” investment in the venture. Toast & Jam will operate Burbank-based Cosmic Toast Studios, which is a production-and-animation studio that also offers pre-production and post- production services. Cinipix will act as producer to several films a year, including those created at Cosmic Toast Studios. Additionally, it will offer finance, post-production and distribution services to productions at Cosmic Toast Studios and by third parties. Recently completed films on Cinipix’ cata- logue include horror-action movie Raze; thriller The Devil’s Ink, which is released next year, and comedy drama Gangbusters. Grossman’s finance experience includes his role as CEO at hedge- fund company TKNG Capital.*Meanwhile, Spanish telecoms giant Telefonica has led a round of investments via Kibo Ventures, a Madrid-based venture-capital fund supported by Spain’s government that has injected US$1m into Visualnet.com. An online directory and marketplace for the international film and TV-production business, Visualnet.com was launched in 1997. Its registered users include 20,000 producers. Kibo Ventures is its first private institutional investor. Expendables producer bets Raine and China Media Capital $80m on Sino-US WWII drama fund new digital talent Thunder Road Pictures, the US production The Raine Group, the media-investment firm company that backed the 2010 box-office hits backing the new US$300m Important Studios The Town, Clash of the Titans and The (MTF Issue13), has formed a strategic part- Expendables, is co-producing B-29 Friend- nership with China Media Capital’s (CMC) ship, an US$80m Chinese-US movie about US$805m fund. They will invest in digital- the conflicting relationships between the US, media and sports entertainment, including Japan and China during World War II. The videos, for the Chinese and international Town, Clash of the Titans and The Expenda- markets. Raine brings its well-connected con- bles have generated more than US$878m in tacts, including Hollywood talent agency WME international box-office receipts. *Unifrance, Entertainment, to the fold. CMC’s commitment the organisation that markets French movies to the international movie industry is seen in overseas, has opened new offices in Los last year’s launch of OrientalDreamWorks with Angeles and Mumbai. Hollywood’s DreamWorks Animation. German animator, movie kit New venture counts on Hong vendor seal co-production deal Kong’s Seven Stars, Huaxia Trixter, the US-German animation- Hong Kong-based Seven Stars Film production and visual-effects company, and Studios, a subsidiary of Seven Stars Entertain- Munich-based cinematography-equipment ment Group, has formed Huaxia-Seven Stars manufacturer Arri Group, have joined forces to Film in a joint venture with China’s Huaxia co-produce and sell animation films to the Film Distribution. The new production firm will international market. First off the partnership’s be based in mainland China with a Hong Kong slate is Ploe – You’ll Never Fly Alone, a family office acting as the international distributor for movie that has been developed by Iceland- its productions. The new venture is also based production company GunHil. It will be reported to have plans for a US Chinese- directed by Arni Olafur Asgeirsson. It is movies cable-TV network. Seven Stars Film scheduled for release at the end of 2015. Studios is to start shooting The Last Empress, a China-US co-production, later this year. TV is never going to be the same again 8-11 April 2013 in Cannes, France Watch this space TELEVISION www.mipcube.com Print media tuning into the TV space The international print media are turning cartwheels in the TV industry with their own broadcast and online TV services. In March, Conde Nast announced plans to invest in original TV, movie and video content. Conde Nast Entertainment (CNE), the video-entertainment subsidiary of Vogue, Vanity Fair and GQ’s publisher, is introducing a series of 360-degrees digital interactive shows. The content will be linked to Conde Nast’s famous magazine brands, kicking off with GQ and Glamour magazines. The GQ four-part series of short episodes focuses on men’s lifestyle and fashion. The Glamour magazine-branded shows for women include titles like Elevator Makeover and Why Do Guys…. These new CNE multi-platform channels can be accessed via each magazine’s website, IPTV and mobile networks, and dedicated YouTube channels. Conde Nast, which has been diversify- ing its digital-investment strategy, recently spent US$11m on an 11% stake in cloud-based advertis- ing platform Flite. It plans similar commitments to the video-content sector. Feature articles in Conde Nast’s Vanity Fair, New Yorker, and Wired magazines have been the basis of Hollywood-produced hit movies like the recent award-laden Argo. More print-media/TV fusions can be seen at Hearst Corporation’s Esquire magazine, which has agreed to be the brand for NBCUniversal (NBCU) men’s cable channel Esquire Network. It replaces NBCU’s video games-themed G4 channel. Controversial Nigerian/UK publisher Leaders and Company, famous for its glossy fashion magazine Arise, has launched a 24-hour cable-and-satellite news network Arise News to reach the African diaspora. Arise 360, an entertainment sister channel, is scheduled to launch towards the end of 2013. Goldman Sachs collects $400m Alloy Digital galvanises future for 50% stake in CSI crime hit plans with new $30m finance Investment bank Goldman Sachs has Alloy Digital (MTF Issue9), the next- sold its 50% stake in CSI: Crime Scene Inves- generation US content producer targeting tigation, the US crime-series franchise once teenage/young adult viewers, has collected hailed as the world’s most watched TV show, US$30m in a Series A funding from ABS for US$400m. The buyer is US investment Capital Partners, a late-stage venture-capital fund Content Partners. The CSI franchise, firm. Alloy Digital, which has 12 million-plus including the CSI: Miami and CSI: New York subscribers on its YouTube channel, will use series, comprises more than 720 episodes. It the funds to acquire more content properties. has yielded more than US$2.5bn in royalties Its other investors include ZelnickMedia, the for the CBS network, which owns the other New York-based media-and-entertainment 50% stake. investment company. FremantleMedia invests in epic YouTube lures Simon Cowell, High Castle sci-fi, other dramas Ridley Scott to its network FremantleMedia International (FMI), the Video-sharing giant YouTube has clinched distribution arm of Bertelsmann subsidiary partnerships with two UK entertainment giants. FremantleMedia (MTF Issue13), is hiking its TV impresario Simon Cowell has launched commitment to original drama with The Man in The You Generation, a year-long online talent the High Castle. It is a four-hour epic competition on the website.