Cannes: Michel J. Vandewalle Takes Over Bust Atlas Film
The German sales outfit,which filed for insolvency protection in 2013, is being relaunched at Cannes.
Michel J. Vandewalle has taken over Munich-based Atlas Film International distribution and is relaunching the veteran international sales outfit in Cannes.
Atlas has been a Cannes market regular ever since the company launched, nearly 50 years ago. But the group was hit hard by shifts in the international sales market and, in January 2013, filed for insolvency protection.
Vandewalle, long a managing director at Atlas, acquired the company from the Menz family, who have owned and run Atlas since its inception.