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1 Aug 12, 7:03 AM EST U They did not disclose the value of the deal, but bankers have said Saban is paying ?525 million ($596 million) for the stake, with the size of the deal growing to more than ?1 billion ($1 1, that was previously held by bankrupt KirchMedia, Saban and KirchMedia said A previous deal fell through after it was signed when financing deadlines were not met A subsidiary of Saban's Saban Capital Group has taken control of the majority stake in the television company, ProSiebenSat investor Haim Saban has completed a deal to take control of Germany's second-largest private television broadcaster from its bankrupt parent, the companies involved said Tuesday S "The deal is complete, and the money has arrived," KirchMedia spokesman Rudolf Wallraf said KirchMedia, part of the empire of Bavarian media entrepreneur Leo Kirch, filed for bankruptcy protection from creditors last year, and its assets are being sold to repay creditors Saban to Acquire Stake in ProSiebenSat Lee Partners, Providence Equity Partners, Quadrangle Group and Alpine Equity Partners This time Saban lined up backing from equity partners Bain Capital, Hellman & Friedman, Thomas H 14 billion) to include other items such as debt guarantees and new investment "You look at the top two movies and they couldn't be more different 1 film, according to studio estimates Sunday 4 2 2 million is very strong for that film 7 1 "Tears of the Sun" marked a shift from the escapist fare that's dominated the box office in recent weeks, said Paul Dergarabedian, president of box office tracker Exhibitor Relations 6 "Chicago just seems unstoppable at this point "This is just one of those outrageous comedies where people love to sit back and be entertained and laugh," said Chuck Viane, Disney's head of distribution "I don't have to tell you that it's interesting to have a war film out at this time but it appears people really wanted to see it," Sherak said 10 9 million for the No It's just the must-see movie of the season," Dergarabedian said The grim "Tears of the Sun" stars Willis as a Navy SEAL who takes his squad to rescue a doctor (Monica Bellucci) from a war zone in Nigeria 1 million 2 film, "Old School," dropped to No " Last weekend's No The movie averaged $11,317 per theater 7 million 8 The film was panned by critics but drew huge audiences, thanks in part to strong marketing by Disney 2 million 3 2 million Estimated ticket sales for Friday through Sunday at North American theaters, according to Exhibitor Relations Co 3 with $9 2 million 2 million 4 million, up almost 15 percent from the same weekend last year and up more than 10 percent from last weekend The Bruce Willis war movie "Tears of the Sun" took in $17 "'Tears of the Sun' is decidedly not escapist, but still, as an R-rated, very intense movie that, considering the world situation, is pretty timely, $17 2 million 9 million For the past few weeks it's been all about escapism at the movies in the top five," Dergarabedian said 7 million 5 The comedy starring Queen Latifah and Steve Martin took in $31 "Bringing Down the House," $31 It took in $5,785 per theater playing to audiences that were 61 percent male, said Tom Sherak, a partner at Revolution Studios, which produced the movie for distributor Sony "The Life of David Gale," $2 7 million to debut as the weekend's No 6 million Inc 2 million to open at No "Shanghai Knights," $2 Final figures will be released Monday "Cradle 2 the Grave," $6 9 "The Jungle Book 2," $4 "Tears of the Sun," $17 4 spot "Chicago" stayed strong in its 11th weekend, taking in $6 8 million "Bringing Down the House" follows Latifah as an escaped convict who worms her way into the affluent suburban home of an uptight attorney played by Martin and the uproar that follows "Daredevil," $5 "How to Lose a Guy in 10 Days," $6 2 "Chicago," $6 Overall, the weekend's top 12 films grossed $95 Latifah's 'House' Brings Down the Cash Mar 9, 3:51 PM EST "Bringing Down the House" brought down big box office numbers It was the third-biggest March opening ever, behind the 2002 releases "Ice Age" and "Blade 2," and the strongest opening ever for a Martin film "Old School," $9 |
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