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Star, Endemol re-up

SYDNEY — Australia's largest TV production company, Southern Star, said Friday it has extended its joint venture with Dutch-based format giant Endemol for another three years, allowing the producer continued access to 500 Endemol formats. Endemol Southern Star is currently in production on "Deal or No Deal" for the Seven B Network and "Ready Steady Cook" for Network Ten. It also recently completed comedy series "The Power of One" for Foxtel. Southern Star CEO Hugh Marks indicated that U.K. and U.S. game show hit "1 vs. 100" is likely to feature on its production slate next year.



Medienboard funds

COLOGNE, Germany — German romantic comedy specialist Doris Doerrie ("The Fischer and His Wife") and art house favorite Hans-Christian Schmid ("Requiem") are returning to familiar ground for their next projects. Doerrie received €300,000 ($384,000) in subsidies from Berlin's Medienboard on Monday for her upcoming Olga Film project "Hamani." Schmid, meanwhile, received €170,000 ($218,000) for a slate of projects that includes drama "2013" and children's film "My Summer With Molomok."



The sporting life

NEW DELHI — Mumbai-based broadcaster Zee Telefilms Ltd. said Monday that it has acquired a 50% stake in sports broadcaster Taj TV Ltd., which owns the Ten Sports channel. Ten Sports was evaluated at a value of $114 million, Zee Telefilms said in a statement, without disclosing the purchase price. Zee Telefilms expects Ten Sports to generate an average of $50 million in annual revenue over the next three years, mainly from the right to broadcast cricket matches.
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