week in review digest
EmptyNews Corp. goal: carbon neutral
News Corp. plans to become carbon neutral across its worldwide operations by 2010, company chairman and CEO Rupert Murdoch announced last week (HR 5/11). He cited as his motivation evidence of dangerous climate changes, employee input and the positive experience at News Corp.-controlled U.K. satellite TV provider BSkyB, which already is carbon neutral. "When all of News Corp. becomes carbon neutral, it will have the same impact as turning off the electricity in the city of London for five full days," the CEO said. By reducing energy usage, using such renewable energy sources as wind and solar power and putting in place other measures, News Corp. plans to nearly eliminate its emissions from a 2006 footprint of 641,150 tons of carbon dioxide equivalents across its operations in 52 countries.
Harries, BBC division meet at Left Bank
LONDON — Producer Andy Harries ("The Queen") on Thursday launched Left Bank Pictures, a film and television production house that will be 25%-owned by BBC Worldwide, the commercial arm of the British pubcaster. The relationship will give BBC Worldwide a first-look distribution deal on all Left Bank television productions. The indie will formally open for business in July and produce a range of telefilms and miniseries for broadcasters in the U.K. and worldwide as well as theatrical releases in conjunction with international film partners.
Corddry to host Key Art nods
Actor-comedian Rob Corddry will host The Hollywood Reporter's 36th annual Key Art Awards on June 15 at the Beverly Hilton (HR 5/10). The Key Art Awards is the only competition in which working professionals honor their peers for designing and creating movie marketing materials. The awards cover 29 categories, including posters, trailers, TV spots and standees as well as print, outdoor, Internet, home entertainment and co-branded advertising. Nominations will be announced tomorrow.
'Triangle' is right shape for Cannes
PARIS — Just days before the Festival de Cannes begins its 60th anniversary celebration, "Triangle," a Hong Kong-Chinese police actioner directed by Tsui Hark, Ringo Lam and Johnnie To, has been added to the official selection. The film, told in 30-minute segments and starring homegrown Hong Kong talent Louis Koo, Simon Yam and Sun Hong Lei, has been approved by Chinese authorities and will screen Out of Competition. Dreamachine is handling international sales.
ProSiebenSat.1 boosts Q1 net
BERLIN — In another sign that German TV is out of its slump, commercial broadcaster ProSiebenSat.1 posted strong sales and revenue growth for the first quarter (HR 5/10). Revenue at ProSiebenSat.1 jumped 7.7% to €501.2 million ($682 million) in the first three months of the year, and net profits soared 32% to €40.6 million ($55 million) on the back of an ever-stronger ad market. Though the numbers bode well for private-equity groups Permira and KKR — which acquired ProSiebenSat.1 in a $4 billion takeover last year — ProSiebenSat.1 continues to lose market share to local competitor RTL Television.