July 2009 - Posts

Funny (and other kinds of) People by The Hollywood Reporter: Risky Business

By Steven Zeitchik The opening of "Funny People" this weekend will prove a critical test of the Judd Apatow magic, not only of his writing and directing but his name, which, if you've not walked outside with a blindfold at... Read More....
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Murdoch and Immelt try to broker Fox News-MSNBC peace accord by Company Town

The on-screen and behind-the-scenes feudingbetween cable news rivals MSNBC, owned by General Electric Co., and News Corp.'s Fox News has become so ugly that the chief executives of their respective parent companies recently held a hush-hush meeting...

The Morning Fix: Hollywood's post-apocalyptic obsession; new deal for Apatow; Emmy flap grows by Company Town

After the coffee. Before deciding whether to see "Funny People" or "(500) Days of Summer." So much for the afterglow: Hollywood is obsessed with the end of the world and what happens next, says the Wall Street Journal. Says WSJ:.....
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Does Universal believe in 'Jesus'? by The Hollywood Reporter: Risky Business

By Steven Zeitchik Universal sang from the mountaintops after the $600 million global success of the Abba musical "Mama Mia" last year. Now the studio could be belting them out about a very different figure: Jesus. The studio and producer.....
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Movie Projector: 'Funny People' looking for $30-million-plus opening by Company Town

At the end of a difficult few months that has seen "Land of the Lost" flop and "Bruno" struggle, Universal Pictures is taking perhaps the biggest risk of the summer: That audiences are ready for a heavy movie from Adam...
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Bad economy isn't hitting Time Warner's HBO by Company Town

Though the economy may be pounding entertainment companies left and right, Time Warner's pay cable channel HBO so far has been immune to the turmoil, its top executives said this afternoon. Speaking at the Television Critics Assn. press tour in.....

Despite 'Up' and other movie hits, Disney revenue drops, net income sinks by Company Town

Walt Disney Co. felt the pain of the recession across the board last quarter, as revenue dropped for every division and overall net income plunged 26%. The conglomerate's revenue fell 7% to $8.6 billion. The drop was in line with...
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Pirate Bay buyer raises money, gets Hollywood-style headaches by Company Town

The company that's hoping to turn Pirate Bay into a legal distributor of movies, TV and music says it now has the cash to purchase the online piracy hub later this month, but it already is embroiled in some Hollywood-style...
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Sony Pictures swings to profit, thanks in large measure to TV side by Company Town

Sony Pictures was one of the few bright spots in Sony Corp.'s glum fiscal first-quarter results. While the electronics and entertainment conglomerate lost $390.5 million, Sony Pictures, which includes the movie studio, television and international...
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The Morning Fix: Fewer Emmys on air? Sony posts loss but 'Angels & Demons' helps studio numbers; TLC and BET are hot by Company Town

After the coffee, before finding a new dentist Sony sinks but studio sings: Sony Corp. lost $390.5 million in its first quarter, but the movie unit posted a 6.5% gain in revenue thanks largely to the global smash "Angels &...
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Bite Marks: Twilight controversy a huge pain in neck for Summit by The Hollywood Reporter: Risky Business

By Steven Zeitchik You've gotta love a catfight. Especially when it involves vampires. Summit has a full-fledged publicity crisis on its hands over casting in the third Twilight movie, "Eclipse." And it may yet get worse. Here's the...
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Hollywood hoping Redbox will be the DVD version of $1 movie theaters by Company Town

Movie studio executives don't hate Redbox -- they just think it's the equivalent of that dingy movie theater where you can see 4-month-old movies for a buck. That's the growing consensus among many executives in Hollywood as they search for...
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TLC chief Eileen O'Neill on the pros and cons of 'Jon & Kate' by Company Town

"Heaven and hell" is how Eileen O'Neill describes her first year at the helm of TLC, the cable network that is home to the controversial reality hit "Jon & Kate Plus 8." O'Neill, 42, took over as president and general....
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Time Warner revenue, profits fall as ads and DVDs still weak by Company Town

Continued weakness in the advertising market and DVD sales sent Time Warner revenue down 9% in the second quarter to $6.8 billion, while net income plunged 34% to $519 million. The conglomerate's studio Warner Bros. saw its revenue fall 9%...
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The Morning Fix: Time Warner profit drops; Microsoft-Yahoo go on a search; Epix isn't one yet; Just a little more on Silverman by Company Town

After the coffee. Before figuring out Twitter's new home page. Time Warner reports. Time Warner said this morning that profits were off 34% for the media conglomerate's second quarter, primarily due to fewer DVD sales and a weaker advertising...
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