Re Agreement
August 05 2005 - 9:55AM
UK Regulatory
Intandem Films Plc (the "Company" or "Intandem")
UK Film Council Funding
The board of the Company is pleased to announce that Intandem in partnership
with:-
1. Number 9 Films Ltd (whose producers between them have made Mona Lisa,
Scandal, Interview With A Vampire, The Crying Game and Ladies In Lavender);
2. Film Four (the feature film division of Channel 4) and
3. The Irish Film Board
have formed `The Number 9 Consortium' (the "Consortium")
The UK Film Council, as part of their Super-Slate Development Funding Award,
has committed to fund the Consortium �300,000 per annum for the next three
years for the Consortium to develop feature films.
The Consortium must match the UK Film Council's funding. Intandem's
contribution to the Consortium will be up to �100,000 per annum.
The award will result in �1.8m being available to the Consortium over the next
three years for the development of up to 20 feature films.
It is intended that Number 9 Films will produce the films on the slate in
conjunction with various other selected producers. Intandem will act as an
Executive Producer and International Sales Agent and Film Four will acquire the
UK television rights. The Consortium is already in negotiations for four
projects.
Twenty eight consortia applied to the UK Film Council for the award with only
four consortia, including The Number 9 Consortium, being offered the highest
level of funding.
Gary Smith, Chairman of Intandem, stated "We are absolutely delighted and
honoured to be part of such an exciting and talented group of film makers. We
look forward to developing and producing top quality, commercial films with
international appeal. We regard this prestigious award as an important step in
Intandem's strategy of securing international distribution rights in film
projects at an early stage, which we expect to result in a valuable film
catalogue."
Contact:
Gary Smith Intandem Films plc Tel: 020 7851 3838
Notes
INTANDEM FILMS PLC
Intandem was admitted to AIM in April 2005. Intandem specialises in Executive
Production (sourcing production finance on behalf of film producers in return
for a fee) and International Sales & Marketing (selling and marketing film
rights to International Distributors in return for commission).
Intandem's management team has been involved in the marketing, acquisition,
financing and international sales of approximately twenty films, including
Shooting Fish, Last Orders and MGM's Heartbreakers, each of which was released
in North American cinemas by a US Studio.
To date, Intandem has helped to arrange the financing for:-
Return to Sender a �4 million budget film (directed by Academy Award winner
Bille August), which had its premiere at a Gala Screening during the Toronto
Film Festival
Stoned a �5.2m budget film (directed by prolific producer Stephen Woolley)
which was premiered at Cannes 2005 and named in Variety as a film to watch for
2005
Irresistible a �3.1m budget Australian film starring Susan Sarandon, Sam Neill
and Emily Blunt.
NUMBER 9 FILMS LIMITED
Examples of films produced by Number 9 Films Limited include:-
Mrs Harris, Ladies in Lavender, Breakfast on Pluto
FILM FOUR
Examples of film which have been developed and co-financed by Film Four
-Touching the Void, Sexy Beast, Trainspotting, Four Weddings and a Funeral.
THE IRISH FILM BOARD
Examples of films produced by The Irish Film Board include:-
Inside I'm Dancing, Intermission, Bloody Sunday
END
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