Gaumont goes Hollywood to win the film game

Article Abstract:

Gaumont SA is producing English-language French movies with Hollywood-size budgets, in an effort to penetrate the worldwide film market. In 1997, the company made money with its $90-million science-fiction film, "The Fifth Element," which grossed $270 million. Likewise, the movie, which starred Bruce Willis and directed by Luc Besson, was the most successful film export of France, with over 50 million tickets sold in foreign countries. Gaumont's next film is $55-million, English-language "Joan of Arc," a historical epic, which will be directed by Besson and starring Besson's wife, Milla Jovovich, who was also featured in "The Fifth Element."

Comment:

Is producing English-language French movies with Hollywood-size budgets, in an effort to penetrate the worldwide film market

Motion Picture and Video Industries, Motion Picture & TV Production, Article, Gaumont

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Coca-Cola may resume sales in Belgium

Article Abstract:

Coca-Cola Co. was given approval to restart soft drink sales in Belgium. However, the company struggled to show the French market that its drinks are safe for consumption. Coca-Cola's promises of improved quality-control measures reduced the chances for a reappearance of contaminants that caused the illness of hundreds of customers in Belgium and France. A prosecutor in France however, begin a probe into what caused the illnesses.

Comment:

Given approval to restart soft drink sales in Belgium

Product standards, safety, & recalls, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Belgium, Product defects and recalls, Soft drinks, Coca-Cola Co. (Atlanta, Georgia), Soft drink industry

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Tabacalera and Seita to merge in deal valued at 3.08 billion euros

Article Abstract:

Tabacalera SA and Seita SA announced that they have reached an agreement on a merger valued at 3.08 billion euros. The two companies are the respective powers in the Spanish and French tobacco markets. Seita's chairman Jean-Dominique Comolli stated that both firms have similar core operations and corporate cultures. The newly-merged entity will be called Altadis. The deal will form the fourth-largest tobacco group in the world.

Acquisitions & mergers, Organizational history, Spain, Tobacco Products, Tobacco Manufacturing, Management, Mergers, acquisitions and divestments, Tobacco industry, Tabacalera S.A., Seita S.A., Altadis

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