VIVA Films

VIVA Films

Viva Films is a Filipino film production company which started in 1981. This company is part of the Viva Entertainment Group.

History

In 1981, the popular pair of singer Sharon Cuneta and Regal Films star Gabby Concepcion (who were married in 1984 and later separated) starred in the first Viva movie "P.S. I Love You." The movie was directed by veteran actor/director Eddie Garcia. Though Viva was a new film company, "P.S. I Love You" was one of the best memorable blockbusters in Philippine Cinema. The movie's theme song was sung by Sharon herself. Sharon Cuneta became one of the company's resident actresses. Viva Films also produced the last Sharon-Gabby movie, "Tayong Dalawa" (The Two of Us).

"Lastikman: Unang Banat," an entry for the 2004 Metro Manila Film Festival, would have been the last movie for the company. However, after an almost 2-year hiatus, Viva Films produces anew in collaboration with GMA Films in 2006 with "Till I Met You." Viva's recent movies are: "Reyna," "Wag Kang Lilingon" (with Star Cinema), "Ang Cute ng Ina Mo" (with Star Cinema), "Paano Kita Iibigin" (with Star Cinema),"Ouija" (with GMA Films), and recently "A Very Special love" (withStar Cinema)

Other Film Outfits owned by Viva

* Neo Films-started production in 1995 with "Manalo, Matalo, Mahal Kita." The critically-acclaimed 2003 film "Ang Huling Birhen Sa Lupa" was the last movie of Neo Films.
* Falcon Films- started production in mid-1990s. The films produced by Falcon are "Sobra-Sobra, Labis-Labis," "Gayuma," "Lihim," "Indecent Professor," "Doctor X," and the multi-awarded "Rizal sa Dapitan."

P1.1-billion IPO

On January, 2008, Viva chairman Vic del Rosario announced that Viva Communications expects to raise P1.1 billion (1 US dollar = 41.48 pesos) through approval of the initial public offering (IPO) by the Philippine Stock Exchange, on listing date of March 5. It plans to sell up P 92.8 million new shares and P 49.9 million secondary shares at P 12.93 / share (offer is 35% of the company's issued and outstanding capital stock). It apppointed Banco de Oro (BDO) Capital and Investment Corporation as lead underwriter and Abacus Capital and Investments Corporation as co-lead underwriter. Viva's net income was P 121 million for January to October, 2007, double its 2006 earnings and projects net profit of P 330 million this year. [ [http://showbizandstyle.inquirer.net/breakingnews/breakingnews/view/20080122-114041/Viva-Films-plans-P11-billion-IPO Inquirer.net, Viva Films plans P1.1-billion IPO] ]

Links

* [http://www.imdb.com/company/co0046157/ | List of Viva Films Movies at IMDB.Com]

References


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