RTL Television's sales division IP Deutschland shrugged off news of the global advertising downturn to boast 3.6% year-over-year revenue growth for 2008. German retailers were the main source of the boost, spending nearly 35% more on television advertising this year on RTL Television's four commercial channels.
A new company founded by a team of executives from Warner Bros.' defunct China cinema unit and backed by U.S.-based Entertainment Properties Trust plans to invest $50 million with a joint-venture partner to build multiplex cinemas in China. The deal, set to be unveiled today in Macau, would see EPT president and CEO David Brain put $25 million from his Nasdaq-listed firm into play behind Apex International Cinemas, a Hong Kong-registered company founded this year and led by T.J. Green, former GM of Warner Bros. International Cinemas China.
Organizers of next year's Rotterdam International Film Festival unveiled plans Monday for a trio of tribute sidebars, with Polish film director Jerzy Skolimowski, Paolo Benvenuti from Italy and Switzerland's Peter Liechti scheduled. The festival kicks off Jan. 21.
'Ong-Bak 2' No. 1
The Thai martial arts action film "Ong-Bak 2" topped the local boxoffice in its long holiday opening weekend by grossing 70 million baht ($2.1 million).