Business

French Children's Author Sues Over Nemo

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Franck Le Calvez, a French children's author and aquarium buff, has sued Walt Disney Pictures and Pixar Animation Studios, claiming FINDING NEMO bears an uncanny resemblance to his illustrated book, PIERROT LE POISSON CLOWN, according to THE HOLLYWOOD REPORTER.

Comcast Looking To Buy TechTV

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Comcast is expected to acquire Paul Allen's computer-info channel TechTV for about $300 million, to merge it with Comcast's fledgling G4 channel, reports VARIETY, in an effort to boost its programming assets and subscriber reach.

The merger of G4 and TechTV, would combine the best original programming of each into a videogame-focused, computer and technology-based network, reaching around 45 million subs, targeted to the highly desirable male 18-34 demo.

Telefilm Canada Reorganizes Management Structure

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Telefilm Canada has made a number of changes to its management structure to reflect its commitment to an asymmetrical approach to the film and television industries, based on the particular characteristics and levels of maturity of the English- and French-language markets; to its efforts to increase the synergy between core programs and international activities to ensure Canada’s competitiveness in the global market; and to offer improved client service through closer ties with the industry.

GEM Group Acquires BMG Film Library

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Global Entertainment Media Group, LLC (GEM Group), has acquired the film library of BMG, the worldwide music division of Bertelsmann AG. This includes all residual rights to the BMG film library that has been in existence since 1995, including free television, DVD, home video and other ancillary rights to the films.

Evans Finds Dream Studio In New York City

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Lost Dreams Studios’ producer/director Jeremy Evans found his dream when he decided to move his small, hometown production company from Iowa to New York City.

CINAR Reschedules Special Meeting of Shareholders

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CINAR Corp. has rescheduled a special meeting of shareholders to approve the arrangements for the acquisition of the company by Michael Hirsh, Toper Taylor and TD Capital Canadian Private Equity Partners. The meeting, previously scheduled for Jan. 15, 2004, will now be held on Feb. 5, 2004. It was rescheduled in order to provide time to resolve certain withholding tax issues for CINAR shareholders.

Marvel Acquires Cover Concepts

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Marvel Enterprises Inc. has acquired the business and certain assets of New York City-based Cover Concepts, a small company specializing in the distribution of free, sponsored materials to public schools across the U.S. Cover Concepts sells advertising space on those materials, which include book covers, bookmarks, locker posters, teaching guides, health & beauty samples, calendars, stickers, notepads, folders, coloring sheets, incentive programs and growth charts. Major advertising customers have included Gatorade, McDonalds and The Centers for Disease Control and Prevention.

Durfee Foundation Announces ARC Grant Deadlines

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The Durfee Foundation has announced the deadlines for the 2004 ARC grant program. ARC grants are awarded on a quarterly basis to approximately 10 Los Angeles artists. The artists can be working with any medium. Grant requests may be for up to $2,500. Applications must be postmarked on or before the following deadlines:

First Quarter: February 3, 2004
For presentations between March 4 and August 4, 2004

Second Quarter: May 4, 2004
For presentations between June 3 and November 3, 2004

Third Quarter: August 3, 2004

IDT Expands Into Christian Broadcasting

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Delivering on its promise to expand in the arena of entertainment distribution, IDT Ent. agreed on Dec. 11, 2003, with NorthStar Entertainment Group, Inc., a subsidiary of the Christian Broadcasting Network, Inc. (CBN) to create a joint venture that will develop, produce and distribute family friendly entertainment programming.

This came on the heels of IDT’s acquisition of DVD, home video distributor, Anchor Bay Ent. on Dec. 3 for $60 million, which became final on Dec. 11.

Uni's Parent & Stuber Expand Roles to Oversee Animation Production

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While NBC awaits final approval of its bid to buy Universal, the studio has promoted Mary Parent and Scott Stuber from production president to vice chairman, worldwide production, for Universal Pictures. In their newly-created positions Parent and Stuber will continue to oversee the worldwide acquisition, creative development and production of all Universal Pictures feature films, and will also oversee Universal's original made-for-video productions as well as the creative development and production of its original animation properties.