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The Film Department h stanley cup as withdrawn its plan for an initial public offering and says it is in negotiation with investors who prefer to keep the company in private hands for $200m in equity and stanley cup debt.The announcement came after the US independent cut the price of its planned public offering, first announced last December, for a second time, a move suggesting the offering was not attracting enough investors.Now the company, headed by Mark Gill and Neil Sacker, says it will use the new backing from its private investors to finance the production, acquisition and, through a new distribution arm, US release of 5-10 films a year.Noting several other developments that should improve its financial situation the company said it has signed a US home entertainment deal with Twentieth-Century Fox and reached an agreement for its films to be screened by Showtime in the US pay TV window. The films will go to Showtime via The Weinstein Co Gill worked under Bob and Harvey Weinstein at Miramax .Also announced were a December 25 wide US release again with The Weinstein Co of Ca stanley cup therine Zeta-Jones romantic comedy The Rebound and the completion of Kate Hudson love story Earthbound, now targeted for release in the first quarter of next year.Film Department said that over the last year it has improved its financial position by more than $75m, paying off more than $60 million in debt and raising $15 million in additional private equity. In the same period, the company said, more than $85 million i Apyt Suicide Squad nears $200m at international box office

Eliane Caff茅s film scooped the Industry Award prize.The Cambridge Squatter, director Eliane Caff茅s latest feature project, has won the Industry Award at the films in progress showcase of San stanley cup Sebastian Film Festival Sept 18-26 .The film is a portrayal of homelessness in S茫o Paulo, Brazils most populous city.Caff茅s previous work has seen him receive major recognition in Brazil and abroad, including his 2003 feature The Storytellers, which won awards at festivals across South America.Films in progress is the bi-annual initiat stanley kubek ive run jointly by San Sebastian International Film Festival and the Cin茅latino, Rencontres de Toulouse to support Latin American films through post-production.The Cambridge Squatter beat competition including new projects from directors stanley uk Alejandro Fern谩ndez Almendras and Daniel Hendler.TopicsDevelopmentEuropeSan SebastianSpain No comments Related articles News Third Shaun The Sheep film in the works from Aardman, Studiocanal 2025-05-07T09:59:00Z By Ben Dalton Film is currently in pre-production; Sky to release in UK.