Jaunt CEO Jens Christensen, discusses the release of Paul McCartney's 360-degree concert, and where the virtual reality industry is going.» Read More
Update: Here's Dimension's response to my blog post: "We are not going to publicly comment on a private business matter." Earlier Post: Two Hollywood insiders just forwarded me an email exchange between Endeavor Agency partner Tom Strickler and Dimension Films President of Production Richard Saperstein about a new “spec” script that Endeavor sold to New Line called “$40,000 Man.” Per Variety, the script is about “an astronaut who finds himself horribly injured in a car accident and rebuilt by the government to be a bionic man, on a budget of $40,000-which makes him not that bionic.” Sounds kind of funny, right?
Legendary Pictures has raised $1 billion plus in new financing, and extended its first-look co-producing and co-financing deal with Warner Bros. through 2012. This means that their first partnership--which they say was profitable--worked out for both parties. About a year ago all my Hollywood banker pals were talking about how the private equity money was going to start pulling out of these movie studios--it's unstable, risky, and Wall Street can get burned.
"Ratatouille" is Disney/Pixar's first joint venture since the acquisition, and the movie--and its associated merchandise -- is exactly why Disney wanted to snap up Pixar. The film's opening on Friday but I got a sneak peak at the premiere a week early, and I was seriously impressed. Call it "Cyrano de Spice Rack", it's the story of a rat who loves to cook, and befriends the garbage boy in the best restaurant in Paris, becoming his secret chef. I was really impressed.
"Evan Almighty" did not live up to its name at the weekend box office in North America.
There's no question that "Sicko" is impacting the national debate on health insurance--but will the movie be a box office hit? It's gotten an incredible amount of press, but as we saw with "Snakes on a Plane," media and YouTube, buzz doesn't always mean box office dollars. (A YouTube search finds 4,800 "Michael Moore" related videos--of those 2,200 come up for "Sicko.)
The tables have turned. Over the past couple of years I've been to a number of pharmaceutical industry related and drug company events--where the security and paranoia have been noticeably increased over what I referred to as "The Michael Moore Effect". Ever since it became known that the documentary filmmaker was setting his sites on healthcare the companies I cover have been on heightened alert. But, at least for now, I think they can let their guard down.
Hollywood's superhero foursome is still fantastic at the box office.
Merrill Lynch reported that Fox (owned by News Corp) is gearing up to launch its business channel in the fall with 30-million plus subscriptions. This could be the largest cable network launch ever, but it's certainly taken them long enough, Fox has been trying to get subscription access for years. And it won't come cheap-- start up costs are estimated to be about $200 million, with News Corp expecting the division to break even by its fourth year. But it sounds like Fox Business Channel won't be anything like CNBC (GE is parent company.)
The Academy of Motion Pictures Arts and Sciences just approved some new rules for the 80th Academy Awards. The most notable change is a rule that states that nominees for Best Picture can only be "three or fewer producers who have performed the major portion of the producing functions." The board approved the potential for exceptions to that limit, but it definitely sends a message about disputes over who claims awards to films like 'Crash' from Yari Films.
On Friday I poked some fun at Shirley Jones for sending out a press release when Florence Henderson reportedly called her a nasty name. Well, I got an earful on the phone from Jones’ husband, comedian Marty Ingels, who wanted to know if I’d be willing to print a rebuttal. I said, “Absolutely! Every word!” Oops! Last night in the ol’ email inbox I got a four-page scanned hand-written letter from Ingels. Here it is, the whole thing...
Blockbuster is offering lower-priced plans for online movie rentals as it competes with Netflix in a market that some analysts believe could grow more than 40% this year.
Yes, Alzheimer's is everywhere. And I'm not referring to the new study that forecasts that the number of people worldwide with Alzheimer's Disease will quadruple between now and 2050 to more than 100 million cases. Staggering, sobering, daunting, scary. No, I'm referring to the sudden critical mass of media coverage of the disease.
Have you failed enough to really succeed? Go back and re-read that question... Have you failed enough to really succeed? Of course, you always hear about the success stories, but what you don't always hear about are the stumbles that an entrepreneur, or artist -- or anyone -- makes before they finally make it big. I write in my book, you cannot be afraid to fail, else you have already failed. For Judd Apatow, his career is a lesson in this "failure" formula.
Everyone's talking about the New York Times piece on Creative Artists Agency losing Hasbro. Now everyone's wondering if CAA's trying to do too much for too many. CAA has said its going for 100% market share. But does that really make sense in an industry where you don't want to be represented by the same company as your competitor is.
The all-star caper film "Ocean's Thirteen" made off with $37.1 million in ticket sales during its opening weekend to steal the No. 1 spot at the North American box office, according to studio estimates on Sunday.
Apple is in advanced talks with Hollywood’s largest movie studios about launching an online film rental service to challenge cable and satellite TV operators, the Financial Times reports.
"Pirates of the Caribbean: At World's End" hauled in $142.1 million to commandeer the record for best four-day Memorial Day weekend debut, capping a huge month that puts Hollywood on track for record summer business.
We finally made it down to the giant Star Wars Celebration that is being held at the Los Angeles Convention Center through the rest of Memorial Day Weekend.More than 40,000 fans are expected and this is the show of shows for the movie of all movies: the $20 billion "Star Wars" franchise.Our evening show "On the Money" decided to devote the last 40 minutes of the program tonight to recapping CNBC's special, weeklong coverage of "Star Wars." And what a blast!
"Pirates of the Caribbean: At World's End" has already brought in 58 million dollars internationally. The film opened on Wednesday in many overseas countries and Thursday night in the U.S., putting it on track for strong numbers over the long holiday weekend. Seventeen million dollars of that comes from domestic theaters Thursday night, and that number will even bigger after Friday night and the remainder of the holiday weekend.
Thirty years on, the movie franchise gets high marks for mythic originality, special effects and a huge return on investment. Oh yeah, it's also a one-of-a kind cultural phenomenon.
CGI rules the box office, but the ingredients of a good film still lie with the plot and characters, a Disney animator said in an interview.
Amir Anvarzadeh, Director of Japan Equity Sales at BGC Securities, says analysts should pay more attention to Sony's software business and discusses the tech giant's restructuring progress.
CEO Richard Plepler says HBO isn't hastening the demise of cable bundling by offering streaming content.
The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc.. Media companies including Time Warner, Walt Disney Co and CBS Corp had approached the U.S. Court of Appeals for the District of Columbia Circuit, saying the FCC's order would...
Nov 21- A U.S. federal appeals court has stayed the Federal Communications Commission's order requiring broadcast and cable companies to disclose programming contracts. The FCC had asked media companies to disclose their contracts with pay-TV providers as it reviewed AT&T Inc's acquisition of DirecTV and Comcast Corp's merger with Time Warner Cable Inc..
The newest television technology is supposed to offer a picture with 4x the resolution of 1080p. But is it worth the additional cost? CNBC.com reports.