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KlosTer to leaD Fox's U.K. vid ops

20th Century Fox Home Entertainment has hired Anders Kloster to head its U.K. activities and shore up business levels for the unit. Kloster, who joins as managing director of the London-based home entertainment arm, will be charged with growing the U.K. business and report to Steven Leighton, senior vp northern Europe. Before joining Fox, Kloster was managing director of LeapFrog Toys, Europe.

MIFEd REVIVAL MULLED

Long thought dead, Milan's MIFED market — last held in 2004 — registered a faint pulse Wednesday. Italy's Minister of Culture Sandro Biondi and Rome Mayor Gianni Alemanno said they are working to resurrect the venerable market next year, tying it to the fourth edition of the RomaCinemaFest. When MIFED's film and multimedia market closed, it left Italy without a major market to compete with the ones in Cannes, Toronto, Berlin and Santa Monica.

BUDGET BOOSTS

The German federal cabinet approved a new budget Wednesday, allocating €1.3 billion ($2.1 billion) to the Ministry for Culture and the Media, a 7.8% increase. Significantly, the budget extends the German Federal Film Fund (DFFF) — which has lured the likes of Tom Cruise and the Wachowskis to shoot their latest films in Berlin — until 2012. The DFFF so far has extended funding to such U.S. fare as Cruise's "Valkyrie," the Wachowski brothers' "Speed Racer" and "The Reader."
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