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Ad hoc-Service: splendid medien AG <DE0007279507> Splendid Medien AG/IEG to cooperate with US Fox Searchlight Pictures

Frankfurt / Cologne / Los Angeles (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Harrison Ford to play lead role inthe joint film project "Traffic"
Splendid Medien AG, Cologne, and its subsidiary Initial
Entertainment Group (IEG), Los Angeles, will work together with Fox
Searchlight to produce their latest Hollywood film project "Traffic".
"Traffic" will have an absolute star cast, with Harnson Ford taking
the leading role, and Catherine Zeta-Jonos is expected to play the
leading female.
A figure of between USD 60 and 65 million has been set as the
budget for this Hollywood production. Splendid/IEG will contribute
between USD 35 and 45 million to this figure. Shooting on the film is
to start in April, and Splendid/IEG has secured all world-wide rights
for "Traffic" outside North America. Fox will distribute "Traffic" on
the US film market.
"With Fox, we have gained a strong co-operation partner for this
film project", says Andreas R. Klein, Chairman of the Board of
Splendid Medien AG. Graham King, CEO of Initial Entertainment Group,
has the following to add: "Harrison Ford is an absolute world star.
Only our excellent contacts with Fox which we have built up over many
years have enabled us to jointly acquire a project with such a star
cast." Negotiations with Catherine Zeta-Zones are in the final stages
for the part of the leading lady.
In "Traffic", Harrison Ford plays the part of a judge in the fight
against the drug trade in the USA. The film will be directed by
Steven Soderbergh, who was recently in the news with the thriller
"Out of sight" with George Clooney and Jennifer Lopez.
For Splendid. "Traffic" represents a further step along the road
towards becoming a global content provider. Within a few months of
being floated on the stock market, Splendid/IEG has expanded its
holdings of world rights as a result of its involvement in such
exciting productions as "Dr T. and the Women" by star director Robert
Altmann with Richard Gere and Oscar award winner Helen Hunt in the
leading roles, and "Gangs of New York", the largest independent film
project in the history of the industry so far, by star director
Martin Scorcese featuring the Titanic star Leonardo DiCaprio. The
recently announced production co-operation with Catherine Zeta-Zones
will enable the company in future to acquire further world rights for
blockbusters with budgets of between USD 15 and 50 million.
End
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