the world digest
COLOGNE, Germany — German media company Tele Muenchen Group has achieved the best results in its 37-year history, booking revenue of $363 million and a pretax (EBIT) profit of $48 million last year, the company said Thursday. The record earnings came as a result of a 15% jump in 2006 sales figures, due in no small part to TMG's output deal for German TV rights to Warner Bros. films. That deal expired at the end of last year but TMG has continued to build its rights library, investing $135 million in film rights last year. Recent acquisitions include deals for such upcoming films as Universal's "The Incredible Hulk" and Paramount's "Iron Man."
Brand's new day
TORONTO — Pamela Brand is stepping down as CEO of the Directors Guild of Canada after 20 years with the guild, it was announced Thursday. Brand, who joined the DGC in 1988 as the national accountant before becoming national executive director in 1991, is departing to pursue new goals, the Toronto-based guild said. The DGC, which recently concluded a new three-year deal with Canadian producers, has established a search committee to find Brand's replacement.
COLOGNE, Germany — Splendid Film is the latest licenser to sign on with German VOD platform Maxdome, announcing a deal Thursday for 200 titles from its library to be distributed via the on-demand service. "Gangs of New York," "Traffic" and Robert Altman's "Dr. T and the Women" are among the highlights of the package. Maxdome, which is controlled by German broadcaster ProSiebenSat.1, has signed similar deals with CBS Paramount International Television, Turner Broadcasting System and kids' TV producer EM.TV.