From left, Mohammed Al Otaiba, Head of Image Nation, Michael Garin, ImageNation CEO and Walter Parkes. Fatima Al Marzooqi / The National
From left, Mohammed Al Otaiba, Head of Image Nation, Michael Garin, ImageNation CEO and Walter Parkes. Fatima Al Marzooqi / The National

Hollywood producer joins UAE film company



The producer behind a string of Hollywood blockbusters is teaming up with an Abu Dhabi film company.

Walter Parkes, an acclaimed studio head and writer, will develop, acquire and produce projects.

He will also teach and train Emirati talent who aspire to work in the film industry.

Mr Parkes's successes include the Oscar-winning Gladiator, the hit Men In Black series, and new release Flight, for which star Denzel Washington has been nominated for an Academy Award.

He and his producer wife, Laurie McDonald, are collaborating with Image Nation, a subsidiary of Abu Dhabi Media, the publisher and owner of The National.

Mr Parkes said the deal, finalised last year, would give him the "tremendous opportunity" to work on developing material, even when it is smaller budget movies that studios no longer favour.

He added that he was excited about projects that are not your typical Hollywood fare, such as the surprise hit The Best Exotic Marigold Hotel - about British retirees travelling to India and produced by Image Nation - as well as smaller Abu Dhabi productions such as a UAE-based judicial drama due out within the year.

During a visit to the capital this week ahead of a promotional tour in Japan for Flight - a drama about an alcoholic airline pilot who prevents a plane crash - Mr Parkes is running a series of seminars with local talent at the Image Nation offices.

He does not describe himself a mentor, rather an "old hand" who is happy to pass on his knowledge and expertise. He is looking for storytellers with idea who think they can become the next big thing.

Mohammed Al Mubarak, chairman of Image Nation, and Michale Garin, chief executive, described the collaboration as "extremely exciting times" for the company to expand on the global market, as well as foster and support growing local talent. A commemorative plaque marking the new partnership was unveiled at Image Nation yesterday.

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Confirmed%20bouts%20(more%20to%20be%20added)
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EA Sports FC 25
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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
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COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
COMPANY%20PROFILE
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Spain drain

CONVICTED

Lionel Messi Found guilty in 2016 of of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying €4.1m in taxes on income earned from image rights. Sentenced to 21 months in jail and fined more than €2m. But prison sentence has since been replaced by another fine of €252,000.

Javier Mascherano Accepted one-year suspended sentence in January 2016 for tax fraud after found guilty of failing to pay €1.5m in taxes for 2011 and 2012. Unlike Messi he avoided trial by admitting to tax evasion.

Angel di Maria Argentina and Paris Saint-Germain star Angel di Maria was fined and given a 16-month prison sentence for tax fraud during his time at Real Madrid. But he is unlikely to go to prison as is normal in Spain for first offences for non-violent crimes carrying sentence of less than two years.

 

SUSPECTED

Cristiano Ronaldo Real Madrid's star striker, accused of evading €14.7m in taxes, appears in court on Monday. Portuguese star faces four charges of fraud through offshore companies.

Jose Mourinho Manchester United manager accused of evading €3.3m in tax in 2011 and 2012, during time in charge at Real Madrid. But Gestifute, which represents him, says he has already settled matter with Spanish tax authorities.

Samuel Eto'o In November 2016, Spanish prosecutors sought jail sentence of 10 years and fines totalling €18m for Cameroonian, accused of failing to pay €3.9m in taxes during time at Barcelona from 2004 to 2009.

Radamel Falcao Colombian striker Falcao suspected of failing to correctly declare €7.4m of income earned from image rights between 2012 and 2013 while at Atletico Madrid. He has since paid €8.2m to Spanish tax authorities, a sum that includes interest on the original amount.

Jorge Mendes Portuguese super-agent put under official investigation last month by Spanish court investigating alleged tax evasion by Falcao, a client of his. He defended himself, telling closed-door hearing he "never" advised players in tax matters.

Company%20Profile
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The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5


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