DAILY NEWS: Palm Gets "Edge City," and Sundance Channel on Video
by Eugene Hernandez and Brian Brooks/indieWIRE
>> Palm Takes On "Edge City"
(indieWIRE: 07.15.02) -- "Edge City," the voyeuristic examination of
fast-living kids in Philadelphia, has been acquired by Palm Pictures, the
company announced Friday. The Hamptons' Golden Starfish winner peeks in on the lives of the City of Brotherly Love's teens, both rich and poor, who
fill their days and nights with drugs, sex, alcohol, loud music, and
reckless driving. The deal was negotiated by David Koh, head of acquisitions
& co-productions for Palm, along with Mark Ragone, head of business affairs
for Palm, and Steven Beer of entertainment law film Rudolph & Beer.
"David Koh and the team at Palm Pictures have a powerful and clear vision
for the kind of work they want to release," said writer/director Eugene
Martin in a release. "I feel very fortunate that they have chosen to
combine their vision with my film, which I believe has something important
to say to audiences." Martin's previous work includes Sundance entry "Diary
of a City Priest." He is currently prepping his next feature film, "The
Palm's other recent and upcoming releases are "Sex and Lucia" by Julio
Medem, "Fulltime Killer" by Johnnie To and Wai Ka Fai, and "Scratch" by Doug Pray. [Brian Brooks]
[DISCLOSURE: indieWIRE Managing Member and Co-Founder Karol
Marktesko-Fenster is part of the management team of Palm Pictures.]
>> Sundance Channel Launches Home Video Line
(indieWIRE: 07.15.02) -- The Sundance Channel has become the latest media
outfit to enter the home video business. The company has launched Sundance
Channel Home Entertainment, which will release approximately 12 titles per
year on VHS and DVD. Showtime Entertainment will distribute the products.
Sundance Channel senior VP of film programming Paola Freccero will oversee
the line along with Sallie Fraenkel, Showtime Networks senior VP of program
enterprises and distribution.
"Sundance Channel has a reputation for discovering independent films that
might not find a home in the marketplace and bringing them to a broader
audience," said Freccero in a prepared statement. "The launch of the
Sundance Channel Home Entertainment video line is consistent with the
overall mission of Sundance Channel. In today's highly competitive film
marketplace, there are many outstanding independent films that have limited,
if any, theatrical life. Bringing these films to video/DVD means new
opportunities for filmmakers and audiences."
The first two titles anticipated for release in Fall 2002 will be Billy
Morrissette's "Scotland, PA," starring Maura Tierney, Christopher Walken, and James LeGros on October 22, followed by Julie Davis' "Amy's O" on November 19. [Matthew Ross]
>> THURSDAY IN indieWIRE DAILY NEWS: Edinburgh Fest Plans and "Blackboards" Deal
(indieWIRE: 07.11.02) -- Plans for one of the U.K.'s largest film events, the
Edinburgh International Film Festival, have been announced; And, Leisure Time/
kimstim has announced that it will release Iranian filmmaker Samira Makhmalbaf's
'Blackboards' this fall."
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