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The buyers include Jim Henson's son, Brian, and Brian's brother and three sisters TV has recently held talks with a U TV shareholders He declined to name other bidders or to specify whether the Henson family submitted the highest bid TV spokesman Frank Elsner said On Wednesday, it said it was selling the rest of Henson for $78 million in cash and is keeping the $11 million that the Henson operation has on hand TV shares peaked at 109 The Henson children's "was in the end the most attractive offer," Elsner said EM But in May 2001, it said it was considering selling the Los Angeles-based firm "There were always several people interested Sells Muppets Maker to Hensons May 7, 10:55 AM EST German media company EM TV's decision now to relinquish the whole of the company TV's annual general meeting is scheduled for July 20 The sale agreement still requires approval by EM " Asset sales since EM It has since sold some Henson assets for about $200 million â€â€? including the sale of "Sesame Street" rights â€â€? have brought in about $200 million, Elsner said It planned to put Valentine in charge of operations there while maintaining its own presence in the U EM "The main point was always to secure the liquidity of the company TV was founded in 1989 and became a star of Germany's tech-heavy Neuer Markt stock market market Among those reportedly interested was the Walt Disney Co He died in 1990 "It wasn't a sale for strategic reasons," EM TV were up 12 TV bought the company and rights to the Muppets in February 2000 for $680 million in cash and stock The assets being sold include The Muppets, The Muppet Babies, The Fraggles, The Hoobs, Farscape and Bear in the Big Blue House, Brian Henson said in a statement 59 euros in February 2000 investor group led by former UPN president Dean Valentine on the sale of a 49 TV bought the Jim Henson Co EM "We always said both solutions were possible," Elsner said of EM S TV said Wednesday it is selling the Muppets' creator, The Jim Henson Co 26) in afternoon trading on the Frankfurt exchange TV said the sale would allow it to finish paying back a loan of 250 million euros ($286 million) that financed the acquisition of its stake in Junior TV, a joint venture with Germany's KirchMedia In March, however, it canceled a letter of intent to sell the minority share to Valentine's consortium, saying it would continue negotiating with the group and other potential buyers 9 percent stake in the Jim Henson Co EM Munich-based EM EM " Jim Henson, creator of Kermit the Frog, Miss Piggy and scores of other Muppet characters, founded his self-named company in 1958, inventing the term "muppet" as a cross between the words marionette and puppet 10 euros ($1 , back to the Henson family for a fraction of what it paid at the height of the tech boom But moves such as buying the Jim Henson Co 2 percent at 1 TV already has disposed of its Formula One holdings S EM and half of Formula One motor racing left it deeply in debt Shares in EM German Co " Such publicity stunts have become common at Cannes, where promotional blitzes for unfinished films often upstage movies actually competing in the festival Nick Stahl plays Connor, taking over the role played by Edward Furlong, while Claire Danes co-stars as a woman hurled into the battle against the female terminator "The fact is, we believe we've made a movie that works "To have that many journalists gathered from all over the world and that many photographers You have so many messengers here to get the message out Arnold Back at Cannes With 'Terminator' May 17, 1:00 PM EST When you're the world's most famous cyborg, there's no need to bring your movie along to make a fuss at the Cannes Film Festival Danes said that makes it difficult "to talk about a movie people haven't seen yet and that we're not allowed to really talk about "Terminator 3" picks up years after "Terminator 2," in which Schwarzenegger's cyborg prevented a more sophisticated terminator from killing John Connor, the boy who would grow up to be humanity's savior from a race of machines " The only actual footage from the film was a seven-minute reel of clips shown to journalists " The footage shown at Cannes included several action scenes, including a wildly destructive car, truck and motorcycle chase and a battle in a restroom in which Schwarzenegger and a female killing machine (Kristanna Loken) duke it out with porcelain fixtures "You can take a crummy movie and cut together a great 20-minute product reel, but people are wise to that," Mostow said Cast members are under a gag order not to reveal plot details until closer to the release But Schwarzenegger, whose first trip to the festival was in 1977 to promote his bodybuilding movie "Pumping Iron," said he has come back many times to plug movies that were not playing the festival, including "Terminator 2: Judgment Day Schwarzenegger promised the crowd the movie would deliver the "best visual effects you've ever seen in your life, and incredible stunts " "The promotion that you can get here, it's staggering," Schwarzenegger told The Associated Press We believe that people are going to come on opening weekend and like what they see Miramax did the same last year with about 20 minutes from "Gangs of New York "Remember, as I always say," Schwarzenegger said, "I'll be back We believe we don't really need to try to trick anybody Two years ago, New Line Cinema fanned anticipation for the first chapter of "The Lord of the Rings" trilogy by showing about 25 minutes of footage to journalists and bringing in cast and crew for interviews at Cannes " Schwarzenegger closed his appearance before the Croisette crowd with a reprise of his most famous line from the first two "Terminator" movies With thousands of journalists and celebrity-watchers on hand, Schwarzenegger and his cast mates used Cannes to build the buzz on the flick that opens July 2 Arnold Schwarzenegger was one of the main attractions at Cannes, though his sci-fi sequel "Terminator 3: Rise of the Machines" was still under wraps " I haven't even been able to tell my friends how the movie ends " "Terminator 3" director Jonathan Mostow said the full movie was not ready in time for Cannes and that he and his collaborators decided against showing more than just a few minutes of footage This time, Schwarzenegger plays another benevolent terminator sent back from the future to protect the grown-up Connor from Loken's character The Croisette, the main drag through Cannes, was closed to traffic Saturday in front of the ritzy Carlton Hotel, where hundreds of photographers and fans gathered to watch Schwarzenegger mug for the cameras with some of the robots featured in the movie |
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