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Movie Business News

Latest Movie Business News Updates  RSSRSS

TOLDJA! Older TV Writers & ICM Reach $4.5M Settlement; But Lawsuits Still Pending Against Much Of Hollywood

Deadline Hollywood Daily |  August 19th, 2008 | Email this
Not only did the over age-40 TV writers settle with ICM but also the old Broder Kurland Webb agency which ICM acquired in 2006. How much moolah did it take? The $4.5 million I reported, paid for by insurance. According to the consent decree filed today, the settlement talks over [...]
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Warner Brothers tours Wixom plant for possible studio

Detroit Free Press |  August 19th, 2008 | Email this
Warner Brothers' executives visited Ford's idle assembly plant in Wixom on Monday, state and studio officials confirmed today.[...]
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MediaDailyNews: Questioning The Price Of Selection

MediaPost |  August 19th, 2008 | Email this
The divergent power of selection was once the domain of television and newspapers that fed the masses the news and interpretation they deemed fit. The seemingly pervasive Internet has joined their ranks in unexpected ways, as evidenced by the Olympics--and that is the fault of consumers as much as it [...]
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Seth Klarman, Meryl Witmer and Marty Whitman - Q2 2008 Portfolio Moves

Seeking Alpha |  August 19th, 2008 | Email this
Seth Klarman’s Baupost Group continues its move into the healthcare sector asevidenced by the latest Q2 13F-HR filing: Baupost opened big positions in UnitedHealth Group (UNH) and Liberty Media. The UNH position complements last quarter’s WLP position, which was augmented 24% in Q2. Additionally, by my numbers, they staked a [...]
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From the Big Screen to Smaller Ones

Wall Street Journal |  August 19th, 2008 | Email this
The sci-fi serial "Gemini Division" has a movie star in the lead role and the backing of NBC Universal. But you won't see the production in movie theaters or on television -- it's unspooling on the Web.[...]
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DreamWorks to begin major studio expansion

SF Chronicle |  August 19th, 2008 | Email this
DreamWorks Animation SKG, creator of the hit "Shrek" films, is bulking up in a big way. The company will begin an $85 million project this week to expand its 13-acre Glendale studio, adding 100,000 square feet of production space and more than 500 jobs in[...]
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Judge Backs Fox on Rights to Superhero Movie

New York Times |  August 18th, 2008 | Email this
The dark heroes of Warner Brothers’ “Watchmen,” set for release next March, have a new problem on their hands: A federal judge here has ruled that they may belong to 20th Century Fox.[...]
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MediaDailyNews: WB.com Gives New Life To WB Shows

MediaPost |  August 18th, 2008 | Email this
With the CW struggling, Warner Bros. isn't sure it wants to let its WB brand drift away. Later this month, it will move beyond beta to an official launch of TheWB.com, a site featuring a VOD library of shows--some of which were on the eponymous network that was in circulation [...]
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MediaDailyNews: Zucker: Reports Of Net TV's Death Greatly Exaggerated

MediaPost |  August 18th, 2008 | Email this
While its future may be cloudy, NBC Universal CEO Jeff Zucker reaffirmed his company's belief that the ratings success of the Olympics is evidence that reports of network television's demise may be premature.[...]
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DreamWorks Animation's growth focuses on 3-D

LA Times |  August 18th, 2008 | Email this
The film studio will begin work to add 100,000 square feet of production space at its Glendale complex. DreamWorks Animation SKG Inc., creator of the hit "Shrek" films, is bulking up in a big way.[...]
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Florida Firms Fight Gun Law

Wall Street Journal |  August 17th, 2008 | Email this
Florida employers are trying to get around a law allowing workers to keep guns in their cars. Companies from Disney to NBC Universal are claiming exemptions from the law to maintain gun-free workplaces.[...]
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Harry Potter pulls vanishing act on EW

SF Chronicle |  August 17th, 2008 | Email this
Maybe Harry Potter should have brought a note from his parents saying he would be missing school. Warner Bros. gave Harry the school year off, announcing last week it was bumping the sixth movie in the series from fall to next summer. But Entertainment Weekly[...]
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'Tropic Thunder' Can't Storm Box Office; 'Clone Wars' Toon #2, 'Dark Knight' #3

Deadline Hollywood Daily |  August 16th, 2008 | Email this
So this is the weekend that finally knocks The Dark Knight out of No. 1 after 4 straight weeks. Studio sources tell me that very early Friday numbers show DreamWorks/Paramount's Tropic Thunder made $8.2M from 3,319 North American theaters. The Ben Stiller-Robert Downey Jr-Jack Black spoof of moviemaking with Tom [...]
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Paramount's Gerry Rich quits marketing post

LA Times |  August 15th, 2008 | Email this
The president of worldwide marketing was said to be frustrated with management changes at the studio. Gerry Rich has resigned as president of worldwide marketing at Paramount Pictures, despite having nearly two years left on his contract.[...]
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Facebook Tests Ad Comments

AdWeek |  August 15th, 2008 | Email this
NEW YORK Facebook is trying out a new ad format that attempts to bring social networking to video placements. New placements began appearing this week touting the DreamWorks movie Tropic Thunder. (A scene from that film is shown.)[...]
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CNBC's Carl Quintanilla Sits Down with Jeff Zucker, President & CEO of NBC Universal, Live from the Olympics in Beijing on "Squawk Box" (Transcript Included)

CNBC |  August 15th, 2008 | Email this
Following is the unofficial transcript of a CNBC interview with Jeff Zucker, President & CEO of NBC Universal, today on CNBC's "Squawk Box." Read More Topics:Sports | Squawk BoxCompanies:General ElectricMEDIA:PHOTO | VIDEOPermalink[...]
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Warner's 'Harry Potter' Sequel Pushed Back to July

Seeking Alpha |  August 15th, 2008 | Email this
Warner Bros. made a surprise announcement Thursday -- it's pushing the release of its Harry Potter sequel, Harry Potter and the Half-Blood Prince from November 11 to July 17, 2009.That's eight months -- leaving Warner Bros. without its holiday season tentpole![...]
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Studio Lowering 'Tropic Thunder' B.O. Weekend Estimate To Mid-$30s Million

Deadline Hollywood Daily |  August 15th, 2008 | Email this
Very early Thursday numbers for Tropic Thunder's domestic box office are running around $4.5 million after its Wednesday opening take of $6.5 million in 3,319 theaters. And tonight DreamWorks/Paramount is starting to revise downward the weekend and 5-day forecasts for the R-rated movie-within-a-movie comedy from Ben Stiller. Currently, the studio [...]
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Memo Re Tom Cruise: The Star Is Staying Here

New York Times |  August 14th, 2008 | Email this
The head of Metro-Goldwyn-Mayer Studios says he wants Tom Cruise to remain closely involved with United Artists after the departure of Paula Wagner, a friend of Mr. Cruise.[...]
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AFI Catalog Project Dead ...But Why?

Deadline Hollywood Daily |  August 14th, 2008 | Email this
I just received this very important appeal. Coming as it does on the heels of 20th Century Fox's closing of its longtime research library (news I broke on July 1st), I despair for the way that Hollywood doesn't seem to give a damn beyond lip service about preserving its movie [...]
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