Magazine article Screen International

Cineart Reveals Ownership Changes

Magazine article Screen International

Cineart Reveals Ownership Changes

Article excerpt

Leading Benelux distributor Cineart has announced details of a change in its ownership structure and confirmed new acquisitions.

The company, founded by Eliane DuBois who died last summer, is now jointly controlled by Stephan De Potter in Belgium and Marc Smit in the Netherlands. The two have bought out the shares owned by DuBois' son, Hichame Alaouie, who will remain as an 'honorary participant' on the Cineart board.

Next year marks the 40th anniversary of Cineart.

The company is continuing to ramp up its VOD activities. Through Twin Pics, its joint venture with music distributor PIAS, Cineart is an iTunes aggregator.

The company has also snapped up François Ozon's new feature Une Nouvelle Amie. The drama, starring Romain Duris and set to screen at Toronto next month, is sold by Films Distribution.

Cineart will also handle the Dardenne brothers' next project, which is at script stage. …

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