Indie distributor Vision Films and Archeos Entertainment are teaming on a slate of movies to be produced in Canada by XII Tribes Entertainment. The Cannes-sealed deal uses Montreal-based Archeos’ financial backing for pics budgeted at $3M-$15M to be made in Alberta and distributed worldwide.
Liberty Global Investors Approve Virgin Media Buyout
Liberty Global shareholders Monday OKd the $23.3B purchase of Virgin Media, and now it’s up to the UK cableco’s investors. They will vote on the deal Tuesday, and it is expected to close by week’s end. Liberty Global it expects broadband and Virgin Media’s mobile offerings to be key amid the rapid growth of online and mobile video usage.