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3 items from 2009


Thierry Potok steps down from Germany's VIP Fund

7 May 2009 2:54 PM, PDT | Sydney's Buzz | See recent Sydney's Buzz news »

The private German media fund VIP Medienfonds which relaunched in 2008 has a new head, Tilo Seiffert who has been running a VIP division since September 2007. He is replacing Thierry Potok, who will return to producing through his company Polaris Film Production and Finance, which co-produced Julie Delpy’s internationally successful Two Days In Paris. Since its establishment in 1989, the VIP Group had invested around $1 billion (€75.2m) in over 50 film projects including the Oscar-winning Monster, Paul Verhoeven's Black Book, Tom Tykwer’s Perfume: The Story of a Murderer, Todd Haynes' I'm Not There and Taylor Hackford's Love Ranch which is being sold by David Bergstein's Capitol Films and has no US distribution as yet, and films by Egoli Tossel and Baldwin Entertainment Group. »

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Thierry Potok steps down from Germany's VIP fund | News | Screen

3 May 2009 10:02 AM, PDT | Sydney's Buzz | See recent Sydney's Buzz news »

The private German media fund VIP Medienfonds which relaunched in 2008 has a new head, Tilo Seiffert who has been running a VIP division since September 2007. He is replacing Thierry Potok who will return to producing through his company Polaris Film Production and Finance, which co-produced Julie Delpy’s internationally successful Two Days In Paris. Since its establishment in 1989, the VIP Group had invested around $1bn (€75.2m) in over 50 film projects including the Oscar-winning Monster, Paul Verhoeven's Black Book, Tom Tykwer’s Perfume: The Story Of A Murderer, Todd Haynes’ I’m Not There and Taylor Hackford’s Love Ranch which is being sold by David Bergstein's Capitol Films and has no Us distribution as yet, and films by Egoli Tossel and Baldwin Entertainment Group. »

- Sydney@SydneysBuzz.com (Sydney)

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Thierry Potok exiting Germany's VIP

1 May 2009 7:00 AM, PDT | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

Cologne, Germany -- Thierry Potok has stepped down as head of German film fund VIP less than a year after taking up the post.

Potok will return to producing through his Polaris banner, which co-produced Julie Delpy's "2 Days in Paris." He will be replaced at VIP by Tilo Seiffert, who has been at the fund since 2007.

Once Germany's most successful private fund, VIP has invested about $1 billion in more than 50 film projects since 1989, including Oscar-winner "Monster," Paul Verhoeven's "Black Book" and Tom Tykwer's "Perfume: The Story of a Murderer."

But VIP's dodgy banking practices caught the attention of German tax authorities. Fund founder Andreas Schmid was eventually found guilty of tax evasion and sentenced to six years in prison.

Now VIP's main activities involve chasing down earnings from films it invested in and managing the few funds remaining in its portfolio. »

- By Scott Roxborough

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3 items from 2009


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