April 26, 2024 Breaking News, Latest News, and Videos

Santa Monica Means Business:

Among the many deals being done at the American Film Market (AFM) this week in Santa Monica, The Motion Picture Group, Inc., a film/entertainment financing and production company, announced that Filmmakers Ltd., an international film sales company, will be selling the worldwide rights to FUEL, the debut feature film of Michael Nash and a collaboration of Protocal Productions and Left Hook Films in association with The Motion Picture Group. The film, written and directed by Michael Nash and produced by Justin Hogan and Michael Nash, stars Dave Buzzotta, Joey D. Vieire, Tammy Tavaeres and Manny Suarez. Henri Kessler, the film’s Executive Producer, stated: “We are very pleased with the results of this film and the interest of Filmmakers Ltd., a firm that excels in selling independent films such as this as well as big budget event pictures. The AFM participants will find that FUEL defines the very essence of independent filmmaking.”

Arthur M. Coppola, president and CEO of The Macerich Company of Santa Monica, has been elected 2007 chair of The National Association of Real Estate Investment Trusts (NAREIT). “Building understanding and support for REITs among the investment community will be high on our agenda in 2007,” Coppola said. NAREIT is the representative voice for U.S. real estate investment trusts (REITs) and publicly traded real estate companies worldwide. Members are REITs and other businesses that own, operate and finance income-producing real estate, as well as those firms and individuals who advise, study and service those businesses. “An important part of that effort,” Coppola continued, “will be continuing our dialogue with 401(k) plan professionals to expand the availability of real estate investment options in these plans, upon which so many Americans depend for their retirement security.” www.nareit.com and www.investinreits.com.

Oded Noy, chief technology officer for Zag, the Santa Monica technology and services business that that extends online automobile-buying capabilities, is among the presenters at InfoWorld’s SOA Executive Forum this week in New York. Noy will share real-world examples of how SOA programs are transforming the application development process for various IT-dependent organizations. He will discuss his own team’s rapid development of a technology and services platform that soon will make it possible for consumers to complete the entire auto-buying transaction online. www.zag.com

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