Magma European Scripting House Ltd (MESH), trading as Magma Films, is listed for strike off with most of the creditors no wiser than they were back in March when the company's difficulties (and liabilities) were made known. As to the fate of the monies owed to creditors - including the Revenue, Anglo Irish Bank, and Galway City Council - your guess is as good as mine.
From the Company Registration Office:
Type Company
Number 239014
Name MAGMA EUROPEAN SCRIPTING HOUSE LIMITED
Address 16 MERCHANTS ROAD, GALWAY
Registered 04/10/1995
Status Strike Off Listed
Effective date: 13/11/2011
Last AR Date 30/09/2009
Next AR Date 30/09/2010
Last Accounts to Date 31/12/2008
Magma Films is a business name of MESH so presumably its fate will be determined along with that of the company. Both names still give a registered address at Merchants Road, Galway although no part of the business has been at that address for some time.
Meanwhile, to add to the confusion, a new business name, Magma Productions, was registered in September. Regular readers will recall that Magma Productions Ltd changed its name to Tidal Films Ltd earlier this year.
Type Business Name
Number 449400
Name MAGMA PRODUCTIONS
Address MAYORALTY HOUSE, FLOOD STREET, GALWAY
Registered 21/09/2011
Status Normal
Effective date: 21/09/2011
Previous Magma posts -
Magma - Section 481
Keeping company...
Abbeygate...
Dear Ralph...
Ralph replies...
Assets, Rights & Responsibilities
The Magma Saga - ep #5...
(and some more info in the comments below)
Tuesday, November 15, 2011
Monday, November 14, 2011
Much ado about Noth etc.
Useful bit of PR pick up in the press last week on Minister Deenihan's set visit to of Titanic - Blood & Steel. It's always interesting to see how the mainstream papers report the industry. As usual there is a concentration on the stars - Chris Noth aka 'Mr Big', in this instance - and the numbers.
The headline numbers given for the show were €22m production, €12m Irish spend, and €12m raised in Ireland through Section 481 and a 'grant' of €300,000 from the Irish Film Board.
However, there is no mention of this production funding in the IFB's lists of decisions made over the last year. Nor is there any mention of the IFB involvement in the lead producer's information on the project.
No mention either in the press reports of the pickets which were a problem at one stage during prep in Dublin. I hear Minister Howlin, ICTU, SIPTU et al are working to clarify some of the issues and misconceptions that gave rise to several rancorous industrial relations situations this year.
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The Light House Cinema belatedly re-entered the public consciousness with a report from Laura Slattery and Ronan McGreevy in the Irish Times on Friday last. Use the search box above (top left) to find my previous posts on the cinema's closure earlier in the year.
Still difficult to see how the situation might be best resolved given the potentially competing interests of the landlord (who has an obligation to NAMA in respect of the development) and the State, which has invested some €2m in the venture through the Arts Dept, the IFB and the Arts Council, (and is also carrying NAMA). IFCO also contributes an annual fee of €120,000 to use the cinema for classification screenings.
There may be questions of competitive supply of 'product' to other cinema outlets should either of the two reported potential bidders be successful, since both of them are also film distributors. There is no indication given in the report that any of the personnel previously involved in the cinema might be associated with either bid.
-------------------------------
Here's some reading material you may have missed in recent years. It's a Departmental Irish Film Board expenditure review concluded in August, 2008.
The headline numbers given for the show were €22m production, €12m Irish spend, and €12m raised in Ireland through Section 481 and a 'grant' of €300,000 from the Irish Film Board.
However, there is no mention of this production funding in the IFB's lists of decisions made over the last year. Nor is there any mention of the IFB involvement in the lead producer's information on the project.
No mention either in the press reports of the pickets which were a problem at one stage during prep in Dublin. I hear Minister Howlin, ICTU, SIPTU et al are working to clarify some of the issues and misconceptions that gave rise to several rancorous industrial relations situations this year.
---------------------
The Light House Cinema belatedly re-entered the public consciousness with a report from Laura Slattery and Ronan McGreevy in the Irish Times on Friday last. Use the search box above (top left) to find my previous posts on the cinema's closure earlier in the year.
Still difficult to see how the situation might be best resolved given the potentially competing interests of the landlord (who has an obligation to NAMA in respect of the development) and the State, which has invested some €2m in the venture through the Arts Dept, the IFB and the Arts Council, (and is also carrying NAMA). IFCO also contributes an annual fee of €120,000 to use the cinema for classification screenings.
There may be questions of competitive supply of 'product' to other cinema outlets should either of the two reported potential bidders be successful, since both of them are also film distributors. There is no indication given in the report that any of the personnel previously involved in the cinema might be associated with either bid.
-------------------------------
Here's some reading material you may have missed in recent years. It's a Departmental Irish Film Board expenditure review concluded in August, 2008.
Wednesday, November 9, 2011
Pro Bono... really?
This notice is doing the rounds...
Open Auditions for TV3 television production
Looking for actors/extras both male and female between the ages of 21 and 40 for re-enactments in the TV3 television series “Crimes that shook Ireland”
Auditions will take place on Sunday the 13th of November between 11am and 2pm in: Muzzle music rehearsal studios, Unit G6A Chapelizod Industrial Estate, Dublin 20
All work will be pro-bono
For more information please contact Joe on 087 611 6327
or e-mail joepanama555@gmail.com
Wikipedia defines pro bono as follows - "Pro bono publico (English: for the public good; usually shortened to pro bono) is a Latin phrase generally used to describe professional work undertaken voluntarily and without payment or at a reduced fee as a public service... Pro bono service, unlike traditional volunteerism, uses the specific skills of professionals to provide services to those who are unable to afford them."
Poor TV3, doubtless it will be offering its advertising time free, pro bono before during and after these programmes.
Open Auditions for TV3 television production
Looking for actors/extras both male and female between the ages of 21 and 40 for re-enactments in the TV3 television series “Crimes that shook Ireland”
Auditions will take place on Sunday the 13th of November between 11am and 2pm in: Muzzle music rehearsal studios, Unit G6A Chapelizod Industrial Estate, Dublin 20
All work will be pro-bono
For more information please contact Joe on 087 611 6327
or e-mail joepanama555@gmail.com
Wikipedia defines pro bono as follows - "Pro bono publico (English: for the public good; usually shortened to pro bono) is a Latin phrase generally used to describe professional work undertaken voluntarily and without payment or at a reduced fee as a public service... Pro bono service, unlike traditional volunteerism, uses the specific skills of professionals to provide services to those who are unable to afford them."
Poor TV3, doubtless it will be offering its advertising time free, pro bono before during and after these programmes.
Wednesday, November 2, 2011
BAI Sound & Vision 2012 Deadlines
The following release just in from the BAI.
The Broadcasting Authority of Ireland has announced the 2012 closing dates for applications to Sound & Vision II [The Broadcasting Funding Scheme] during 2012.
The Broadcasting Funding Scheme aims to increase public access at national, local and community level to television and sound broadcasting programmes in English and Irish which explore the themes of Irish culture, heritage and experience, in contemporary or historic contexts. The Scheme provides funding to broadcasters and independent producers to enable them to produce such programmes.
Four open rounds will be operated during 2012, each with funding of up to €3.5m available towards the production of television and/or radio programmes. The closing dates for the rounds, which will accept radio and television applications, are as follows: 27th January; 13th April; 13th July; 14th September.
The revised round structure has been developed based on stakeholder feedback. The increased number of closing dates is intended to make it easier for applicants to submit fully developed projects at different stages throughout the year.
Speaking about the announcement, Michael O’Keeffe, Chief Executive of the BAI said, The Authority is delighted to be able to make between €12-14 million available for new, quality programming in 2012 especially given the funding challenges that the broadcasting sector is facing. In recent years the competition for funds has understandably increased. To secure funding from the scheme, applications must be fully developed and ready to go into production.
In addition, the Authority is highlighting the fact that funding a diverse range of programming, in terms of genre and formats, is a strategic objective of the Scheme. This will be measured within individual rounds and across the year. The BAI expects that the new round structure will help the Scheme to achieve a greater mix in this regard.
Sound & Vision II is a grant funding scheme – not a commissioning process. The BAI hopes that the shorter timeframe between closing dates will increase the standard of the applications being submitted in any one round. We also believe this new approach will allow the Scheme deliver to a greater extent the core scheme objectives of increasing audience access to high quality programmes across a range of genres and formats, said Michael O’Keeffe.
Further information on the Scheme is available on www.bai.ie
The Broadcasting Authority of Ireland has announced the 2012 closing dates for applications to Sound & Vision II [The Broadcasting Funding Scheme] during 2012.
The Broadcasting Funding Scheme aims to increase public access at national, local and community level to television and sound broadcasting programmes in English and Irish which explore the themes of Irish culture, heritage and experience, in contemporary or historic contexts. The Scheme provides funding to broadcasters and independent producers to enable them to produce such programmes.
Four open rounds will be operated during 2012, each with funding of up to €3.5m available towards the production of television and/or radio programmes. The closing dates for the rounds, which will accept radio and television applications, are as follows: 27th January; 13th April; 13th July; 14th September.
The revised round structure has been developed based on stakeholder feedback. The increased number of closing dates is intended to make it easier for applicants to submit fully developed projects at different stages throughout the year.
Speaking about the announcement, Michael O’Keeffe, Chief Executive of the BAI said, The Authority is delighted to be able to make between €12-14 million available for new, quality programming in 2012 especially given the funding challenges that the broadcasting sector is facing. In recent years the competition for funds has understandably increased. To secure funding from the scheme, applications must be fully developed and ready to go into production.
In addition, the Authority is highlighting the fact that funding a diverse range of programming, in terms of genre and formats, is a strategic objective of the Scheme. This will be measured within individual rounds and across the year. The BAI expects that the new round structure will help the Scheme to achieve a greater mix in this regard.
Sound & Vision II is a grant funding scheme – not a commissioning process. The BAI hopes that the shorter timeframe between closing dates will increase the standard of the applications being submitted in any one round. We also believe this new approach will allow the Scheme deliver to a greater extent the core scheme objectives of increasing audience access to high quality programmes across a range of genres and formats, said Michael O’Keeffe.
Further information on the Scheme is available on www.bai.ie
Thursday, October 27, 2011
Time for Cork
Cork Film Festival has unveiled an excellent programme for this year's event which runs from the 6th to the 13th November. Strong docs, strong Irish line-up, the usual superabundance of shorts, interesting industry and art/film crossover events, and a doubling of the 'Made in Cork' section which demonstrates the great growth of local film-making in the region.
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