Intermedia (production company)
Encyclopedia
Intermedia is a film production company, wholly owned by IM Internationalmedia AG.
The company mostly acts as a co-producer, funding films through the IMF (Internationale Medien und Film) funds.
. Two years later, Intermedia began operations in Los Angeles
, as did Pacifica Film Distribution, which would later merge with Intermedia.
Its first success of note was Sliding Doors
, starring Gwyneth Paltrow
, opened the Sundance Film Festival
.
In 2000, parent company IM Internationalmedia AG held an initial public offering
of its stock on the New Market. That year, it won a Golden Globe for the film Nurse Betty
. In 2001, it acquired the Largo Film Library, and produced films such as K-PAX
and The Wedding Planner
.
In 2002, the company's films was nominated for 5 Academy Awards
, picking up one for Iris. The company was also nominated for 12 Golden Globes, winning 7 awards for Adaptation, Gangs of New York
and The Quiet American
. It also acquired Initial Entertainment Group.
In 2003, the company's product received 15 Oscar nominations, picking up one for Adaptation, 4 Golden Globes, and had 3 films shown at the German Berlinale, with two films selected for the competition.
under German law. The taxation laws of Germany allow investors to claim an instant tax deduction on film productions, even if they are non-German productions or even if the film has not gone into production. This allows the producers to make instant profit, for example, by selling the copyright for around $160 million, and then buying them back for $149 million, the producers have made a profit of $11 million. However, it is important to note that this tax shelter is no longer applicable under German tax law.
The company mostly acts as a co-producer, funding films through the IMF (Internationale Medien und Film) funds.
History
The company was founded in 1995 as Intermedia Film Equities in LondonLondon
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. Two years later, Intermedia began operations in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
, as did Pacifica Film Distribution, which would later merge with Intermedia.
Its first success of note was Sliding Doors
Sliding Doors
Sliding Doors is a 1998 British-American romantic comedy-drama film written and directed by Peter Howitt and starring Gwyneth Paltrow and John Hannah, and featured John Lynch, Jeanne Tripplehorn and Virginia McKenna. The music was composed by David Hirschfelder...
, starring Gwyneth Paltrow
Gwyneth Paltrow
Gwyneth Kate Paltrow is an American actress and singer. She made her acting debut on stage in 1990 and started appearing in films in 1991. After appearing in several films throughout the decade, Paltrow gained early notice for her work in films such as Se7en and Emma...
, opened the Sundance Film Festival
Sundance Film Festival
The Sundance Film Festival is a film festival that takes place annually in Utah, in the United States. It is the largest independent cinema festival in the United States. Held in January in Park City, Salt Lake City, and Ogden, as well as at the Sundance Resort, the festival is a showcase for new...
.
In 2000, parent company IM Internationalmedia AG held an initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
of its stock on the New Market. That year, it won a Golden Globe for the film Nurse Betty
Nurse Betty
Nurse Betty is a 2000 American comedy film directed by Neil LaBute starring Renée Zellweger as a sweet Kansas waitress who undergoes a nervous breakdown after witnessing her husband's murder, and starts obsessively pursuing her favorite soap actor....
. In 2001, it acquired the Largo Film Library, and produced films such as K-PAX
K-PAX
K-PAX is the name of the first novel in the K-PAX series by Gene Brewer and a film based on the series:*K-PAX **K-PAX – film*K-PAX II: On a Beam of Light *K-PAX III: Worlds of Prot...
and The Wedding Planner
The Wedding Planner
The Wedding Planner is a 2001 romantic comedy film directed by Adam Shankman, written by Michael Ellis and Pamela Falk, and starring Jennifer Lopez and Matthew McConaughey.-Plot:...
.
In 2002, the company's films was nominated for 5 Academy Awards
Academy Awards
An Academy Award, also known as an Oscar, is an accolade bestowed by the American Academy of Motion Picture Arts and Sciences to recognize excellence of professionals in the film industry, including directors, actors, and writers...
, picking up one for Iris. The company was also nominated for 12 Golden Globes, winning 7 awards for Adaptation, Gangs of New York
Gangs of New York
Gangs of New York is a 2002 historical film set in the mid-19th century in the Five Points district of New York City. It was directed by Martin Scorsese and written by Jay Cocks, Steven Zaillian, and Kenneth Lonergan. The film was inspired by Herbert Asbury's 1928 nonfiction book, The Gangs of New...
and The Quiet American
The Quiet American (2002 film)
The Quiet American is a 2002 film adaptation of Graham Greene's bestselling novel of the same name. It was directed by Phillip Noyce and starred Michael Caine, George Henry Hsu, Brendan Fraser, and Do Thi Hai Yen....
. It also acquired Initial Entertainment Group.
In 2003, the company's product received 15 Oscar nominations, picking up one for Adaptation, 4 Golden Globes, and had 3 films shown at the German Berlinale, with two films selected for the competition.
Tax status
The company used to fund Intermedia productions, IMF, is a tax shelterTax shelter
Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments...
under German law. The taxation laws of Germany allow investors to claim an instant tax deduction on film productions, even if they are non-German productions or even if the film has not gone into production. This allows the producers to make instant profit, for example, by selling the copyright for around $160 million, and then buying them back for $149 million, the producers have made a profit of $11 million. However, it is important to note that this tax shelter is no longer applicable under German tax law.
Company structure
Note: All subsidiaries are 100% wholly owned of the parent.- IM Internationalmedia AG
- IM Filmproduktions-und Vertriebs GmbH & Co. KG
- Pacifica Film Distribution LLC
- Pacifica Film Development Inc
- Intermedia Film Equities Ltd
- Intermedia Film Distribution Ltd
- Intermedia Music Ltd
- Intermedia.com Ltd
- MEI Filme Ltd.
- Intermedia Film Equities USA Inc
- Intermedia Distribution Inc.
- Intermedia Music Inc.
Selected films
- Terminator 3: Rise of the MachinesTerminator 3: Rise of the MachinesTerminator 3: Rise of the Machines, commonly abbreviated as T3, is a 2003 science fiction action film directed by Jonathan Mostow and starring Arnold Schwarzenegger, Nick Stahl, Claire Danes and Kristanna Loken...
(with Warner Bros. and C2 Pictures in the U.S. and Columbia Pictures elsewhere) - Terminator SalvationTerminator SalvationTerminator Salvation is a 2009 American science fiction action film directed by McG and starring Christian Bale and Sam Worthington. The fourth installment in the Terminator series, the film is set in 2018 and focuses on the war between Skynet and humanity, with the human Resistance fighting...
(with Warner Bros. in the U.S. and Columbia Pictures elsewhere) - The Wedding PlannerThe Wedding PlannerThe Wedding Planner is a 2001 romantic comedy film directed by Adam Shankman, written by Michael Ellis and Pamela Falk, and starring Jennifer Lopez and Matthew McConaughey.-Plot:...
(with Columbia Pictures) - Nurse BettyNurse BettyNurse Betty is a 2000 American comedy film directed by Neil LaBute starring Renée Zellweger as a sweet Kansas waitress who undergoes a nervous breakdown after witnessing her husband's murder, and starts obsessively pursuing her favorite soap actor....
(with USA Films) - Basic Instinct 2Basic Instinct 2Basic Instinct 2, also known as Basic Instinct 2: Risk Addiction, is a 2006 German/British/American/Spanish thriller film and the sequel to 1992's Basic Instinct. The film was directed by Michael Caton-Jones and produced by Mario Kassar, Joel B. Michaels, and Andrew G. Vajna. The screenplay was by...
(with Metro-Goldwyn-Mayer and C2 Pictures in the U.S. and C2 Pictures elsewhere) - The Aviator (with Warner Bros. and Miramax Films)
- Gangs of New YorkGangs of New YorkGangs of New York is a 2002 historical film set in the mid-19th century in the Five Points district of New York City. It was directed by Martin Scorsese and written by Jay Cocks, Steven Zaillian, and Kenneth Lonergan. The film was inspired by Herbert Asbury's 1928 nonfiction book, The Gangs of New...
(with Miramax Films) - K-19: The WidowmakerK-19: The WidowmakerK-19: The Widowmaker is a movie released on July 19, 2002, about the first of many disasters that befell the Soviet submarine of the same name. The film was directed by Kathryn Bigelow...
(with Paramount Pictures) - AlexanderAlexander (film)Alexander is a 2004 epic film based on the life of Alexander the Great. It is not a remake of the 1956 film which starred Richard Burton. It was directed by Oliver Stone, with Colin Farrell in the title role...
(with Warner Bros.) - Welcome to MooseportWelcome to MooseportWelcome to Mooseport is a 2004 American comedy film directed by Donald Petrie and starring Ray Romano and Gene Hackman in his final film before retiring from acting...
(with 20th Century Fox) - Adaptation (with Columbia Pictures)
- The Quiet AmericanThe Quiet American (2002 film)The Quiet American is a 2002 film adaptation of Graham Greene's bestselling novel of the same name. It was directed by Phillip Noyce and starred Michael Caine, George Henry Hsu, Brendan Fraser, and Do Thi Hai Yen....
(with Miramax Films) - K-PAXK-PAX (film)K-PAX is a 2001 American science fiction and mystery film directed by Iain Softley and starring Kevin Spacey, Jeff Bridges, Mary McCormack and Alfre Woodard. The screenplay, written by Gene Brewer and Charles Leavitt, is based on a novel of the same name by Brewer about a psychiatric patient who...
(with Universal Pictures in the U.S., Path and FilmFone in UK, and Buena Vista International in Australia) - Iris (with Miramax Films)
- EnigmaEnigma (2001 film)Enigma is a 2001 British film about the Enigma codebreakers of Bletchley Park in World War II. The film, directed by Michael Apted, stars Dougray Scott and Kate Winslet. The film's screenplay was by Tom Stoppard, based on the novel Enigma by Robert Harris...
(with Miramax Films and Broadway Video) - Sliding DoorsSliding DoorsSliding Doors is a 1998 British-American romantic comedy-drama film written and directed by Peter Howitt and starring Gwyneth Paltrow and John Hannah, and featured John Lynch, Jeanne Tripplehorn and Virginia McKenna. The music was composed by David Hirschfelder...
(with Paramonut Pictures and Miramax Films)