Tuesday, September 20, 2011

Keeping company...

It is decidedly tricky to keep track of all the company names, dates etc in the unfolding situation regarding Magma - be it Magma Productions or Magma Films/Magma European Scripting House Ltd.

Magma Productions Ltd began life as Seylu Ltd back in 2003. It changed its name shortly after incorporation to Ulysses Film Productions Ltd. Then five years later, in February 2008, this company's name was changed to Magma Productions Ltd - note reference to the formal consent to the name change from allied companies at the same address with 'Magma' in their names.



Three years later, in April of this year, Magma Productions Ltd changed its name to Tidal Films Ltd, But not before its auditors resigned on 04 January 2010.


And after a change in director/secretary was notified to the CRO on February 1st. Note that this was presented by Magma Films, the trading name of Magma European Scripting House Ltd whose auditors resigned most recently on 20 July 2011.



Notwithstanding the name change to Tidal Films, and a change of address to Flood Street in Galway, note the entry for Magma Productions (and Molten Rock) in the listing of Irish exhibitors at MIPCOM 2011 - as of September 10, and also cited on the Irish Film Board website.
MIPCOM 2011
Registered exhibiting companies, as of 10 September 2011
IRELAND
ANIMO TELEVISION
AXONISTA
BIG MOUNTAIN PRODUCTIONS
BROWN BAG FILMS
CARTOON SALOON
DUBLIN FILM DISTRIBUTORS
ENTERPRISE IRELAND
IRELAND ON SCREEN
IRISH FILM BOARD
JAM MEDIA LIMITED
KITE ENTERTAINMENT LTD
MAGMA PRODUCTIONS MOLTENROCK
MONSTER ENTERTAINMENT
NETWORK IRELAND TELEVISION
RTE
RTE PUBLISHING
SIDELINE
TANGERINE (Programme MEDIA)
TELEGAEL
TILE FILMS LTD
VIDEOELEPHANT.COM
VISION INDEPENDENT
WHACKALA (Programme MEDIA)
WINDMILL LANE ENTERTAINMENT
WINDMILL LANE PICTURES LTD


Interestingly Molten Rock Media GmbH is not separately listed as a German exhibitor.

Magma Productions and Molten Rock Media (Bremen) have co-produced the 'Jack Taylor' adaptations of Ken Bruen's crime novels, the rights to which appear to have been held initially by Magma European Scripting House Ltd/Magma Films.

Certainly it was Magma European Scripting House/Magma Films that are recorded as successful recipients of public funding for 'Jack Taylor' projects from the MEDIA programme in 2009 and the Broadcasting Authority of Ireland in 2010.

I believe ZDF have committed to further episodes of the series. It will be interesting to see if the balance of production (and ownership) shifts from Ireland to Germany.

5 comments:

Anonymous said...

Hard to tell if it's sloppiness or an attempt to gradually transfer the Magma brand, such as it is, to Molten Rock. Perhaps a Molten Rock company will be opened in Ireland?

irish film portal said...

The issue here is the position of creditors and those holding charges on MESH assets. It includes a major public interest through the Revenue, Anglo Irish Bank (in public ownership), Galway City Council etc.

There is a practice in the industry - and not just in Ireland - which seemes to involve turning a blind eye to the principals of troubled companies walking away with development assets or rights in projects while creditors are left hanging out to dry. In my view that is wrong.

I also believe it is wrong for this practice to be sanctioned by public bodies if it is to the detriment of creditors' interests. It's a recipe for mismanagement, iresponsibility and unaccountability and it completely undermines the idea that the audiovisual sector is a real business sector with capacity for growth based on the value of intellectual property.

Anonymous said...

"I believe ZDF have committed to further episodes of the series."

The link says 3 x 90'. Are you referring to information from elsewhere?

irish film portal said...

I will have to nail down the source but yes, I believe there is an implied commitment to four further episodes from ZDF.

irish film portal said...

For those who may not have read a later post - Tidal Films subsequently registered the business name 'Magma Productions'.

And a by-the-way... it may have escaped readers' notice that the initial name of registration 'Seylu' is actually 'Ulysses' backwards, with SS removed.