Movie News: Industry News

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Legendary’s Deal with SoftBank Actually Worth $1 Billion (EXCLUSIVE)

variety.com – Eager to lock down content for its digital platforms, SoftBank Corp announced Thursday a $250 million investment in Legendary Entertainment and the formation of a new joint venture. The deal is far larger, Variety has learned, and is actually worth closer to $1 billion. According to a letter sent to Legendary’s shareholders on Oct. 3 years 10 weeks ago via theothersenhman
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Studio Perks of the Hollywood Exec: Home Screening Rooms, Private Jets, Huge Expense Accounts

feedproxy.google.com – It's tough getting by on $15 million a year — but for top industry execs, the job comes with luxurious lifestyle subsidies 3 years 10 weeks ago via jackiechan
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Hollywood Salaries Revealed, From Movie Stars to Agents (and Even Their Assistants)

feedproxy.google.com – Who rakes in a whopping $75 million? Who are the highest-paid TV stars? And how much can you make working in an agency mailroom? In its Money Issue, THR reveals how much people are earning now, from stars including Robert Downey Jr., Sandra Bullock, Katherine Heigl and the 'Duck Dynasty' clan to top agents including Ari Emanuel and Patrick Whitesell 3 years 10 weeks ago via brucelee
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Softbank in $250m Legendary play

screendaily.com – The Japanese conglomerate has found its Hollywood partner, investing a quarter of a billion dollars to form a joint venture with Legendary to maximise content via OTT platforms with particular emphasis on China and India. 3 years 10 weeks ago via jackiechan
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Alibaba Leads China's Multibillion-Dollar Plan to Take on Hollywood

feedproxy.google.com – Jack Ma's new IPO creates a huge war chest as the web powerhouse, along with the country's Baidu and Tencent, look to create original content: "In the future, all the movie companies will work for [them]" 3 years 10 weeks ago via jackiechan
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Netflix Signs Adam Sandler to Exclusive Four-Movie Deal

variety.com – Netflix’s movie-deal machinery isn’t slowing down: The Internet-video service has inked a pact with Adam Sandler to star in and produce four films to be available exclusively on Netflix worldwide. The first movie under the pact could arrive as soon as 2015. Sandler’s Happy Madison Prods. will work with Netflix to develop the four films... 3 years 10 weeks ago via brucelee
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The Big Budget Hollywood Film ISIS Has Started Using As Propaganda

cinemablend.com – Darren Aronofsky’s Noah was one of 2014’s most polarizing movies. Some embraced it as an art-house, biblical blockbuster that managed to tell one of the most famous stories ever told in a fresh and surprising manner. Others were simply offended that it ever got made. So much so in fact that Qatar, Bahrain, the United Arab Emirates, Malaysia and Indonesia all banned it from being released because it violated Islamic law by depicting a prophet. 3 years 10 weeks ago via jackiechan
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David O Russell Gets 2-Picture Deal With Megan Ellison’s Annapurna

deadline.com – EXCLUSIVE: In a move that takes her patronage of auteur filmmakers to another level, Megan Ellison and her Annapurna Pictures have made a deal to finance two pictures directed by David O Russell. This is an outgrowth of their experience on American Hustle, the ensemble drama that got 10 Oscar nominations and grossed $250 million worldwide. 3 years 10 weeks ago via jackiechan
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Antonio Banderas Scolds Hollywood for Playing it Safe At the Zurich Film Festival

fb.indiewire.com – On the back of many action-oriented roles back in Hollywood ("The Expendables 3," "Machete Kills," "Haywire"), Antonio Banderas dropped by the Zurich Film Festival on Friday to talk, amongst other things, about his new film "Automata." 3 years 10 weeks ago via donnieyen
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AMC Theatres Boycotting 'Crouching Tiger 2' in Major Blow for Netflix, Imax

feedproxy.google.com – The giant exhibitor won't carry the film in any of the 147 Imax theaters it operates in the U.S., while parent company Wanda may not carry it in China 3 years 11 weeks ago via jetli
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Universal Extends Emerging Writers Fellowship for Second Year

feedproxy.google.com – Fellows in the first program were paired with Will Packer, Chris Morgan and Jeremy Garelick 3 years 11 weeks ago via jackiechan
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IMAX's CEO Responds to Theater Owner Rejection of ‘Crouching Tiger’ Netflix Deal

thewrap.com – Even as theater chains promised not to show the movie that his company had just partnered on, IMAX CEO Richard Gelfond argued that he was trying to help them by teaming with The Weinstein Company and Netflix on a day-and-date release for a “Crouching Tiger, Hidden Dragon” sequel next year.

3 years 11 weeks ago via donnieyen
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‘Midnight Rider’ Trial Date Set for March 9

variety.com – A Georgia judge has scheduled March 9 as the start date for the trial of four defendants facing criminal charges related to the death of camera assistant Sarah Jones and other injuries on the set of “Midnight Rider.” Judge Anthony Harrison in the Brunswick Judicial Circuit wrote in an order that jury selection will begin... 3 years 11 weeks ago via jetli
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Report: SoftBank May Not Buy DreamWorks Animation After All

variety.com – SoftBank may be slowly walking away from a potential deal to buy DreamWorks Animation. The Japanese telecommunications and investment conglom is said to be reconsidering an outright purchase of Jeffrey Katzenberg’s toon studio and may now be more interested in brokering a content partnership instead, according to a report first published by the Wall Street... 3 years 11 weeks ago via jackiechan
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Walmart Faults Tracy Morgan for Not Wearing Seatbelt During Car Accident (Exclusive)

feedproxy.google.com – After being blamed for a fatigued driver on the road, Walmart also tells a judge that it won't "admit or deny" allegations without confidentiality 3 years 11 weeks ago via brucelee
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