Mediaproduccion finishes personal bankruptcy protection

MADRID -- Spain's Mediaproduccion, this content subsid of Mediapro, producer of Woodsy Allen's "Night time in Paris" and Roman Polanski's "Carnage," has emerged from voluntary personal bankruptcy protection. In June 2010, Mediaproduccion searched for defense against creditors following a Madrid court purchased the organization to pay for Audiovisual Sport, controlled by bitter rival Prisa, Euros104 million ($135.six million) for breach of contract over soccer privileges. A Barcelona court has approved an offer between Mediapro and many creditors, largely banks. Mediapro will settle all liabilities within 35 several weeks, it stated. Mediaproduccion's emergence from protection may have effects for those areas of Mediapro. Making clear its financial status, it facilitates Mediapro's ongoing co-manufacture of A-list auteurs. Grossing $56.two million Stateside, Allen's greatest-ever U.S. trawl, "Night time" may be the second of the three-pic co-production deal between Mediapro and Gravier, possessed by Allen's sister, Letty Aronson. Mediapro also backed Spain's Versatil, a co-producer on "Carnage," which made $3.4 million in The country through 12 ,. 19. Mediapro's soccer biz ambitions are less obvious. Its flagship pay DTT funnel, Gol TV, saw 1.7 million site visitors in November, nearly two times individuals for soccer service Canal Plus Liga, transported by Prisa satcaster Digital Plus. But giant telco Telefonica "practically subsidizes" Gol TV, moving it right into a multi-funnel offer on Telefonica IPTV Imagenio, one analyst stated. After Telefonica bought 20% in Digital Plus late 2009, the important thing questions, he added, are whether Telefonica now supports Gol TV or Prisa's soccer biz, and when Mediapro has got the financial capacity or creditors' approval to bid for soccer privileges later on. Contact the range newsroom at news@variety.com