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Best Buy launching digital movie service with CinemaNow by Company Town

One of the nation’s biggest sellers of DVDs is making a leap into digital movie downloading. Best Buy Inc. is partnering with online video provider CinemaNow to create a new a movie downloading service that will be integrated into most...
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'Terminator' to have new owner by January by Company Town

He'll be back, but with a new owner. An auction for the rights to make new "Terminator" movies will likely be done by January. Representatives for the Halcyon Co., which currently controls the franchise and filed for Chapter 11 bankruptcy...
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Picture sharpens for Digital Cinema rollout by Company Town

The purse strings appear to be loosening for the long-delayed rollout of digital cinema. Until recently, the credit crunch had discouraged lenders from forking over money to help pay to convert theaters to digital systems, which are required to show....

Original 'Twilight' to be re-released night before sequel 'New Moon' opens by Company Town

Wanting to capitalize on the teen vampire movie craze it stirred last year, Summit Entertainment is planning to re-release "Twilight" in more than 2,000 theaters on Nov. 19, the night before the arrival of the highly anticipated sequel, "The...
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'Whip It' didn't need to get whipped at box office by Company Town

My colleague Patrick Goldstein weighed in this morning on why Fox Searchlight's "Amelia" failed to catch on with viewers. Well, for starters, the length and the hideous reviews probably didn't help. I'm more curious about "Whip...
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Paramount may produce 'Paranormal Activity' sequel by Company Town

Can lightning strike twice? Paramount Pictures is hoping so, as the studio is actively considering producing a sequel to "Paranormal Activity," the out-of-the-blue horror flick that cost $15,000 to produce and has sold $62.5 million worth of...
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Lionsgate strikes partnership with online film production company Massify by Company Town

Lionsgate has struck a partnership with an online community of filmmakers in hopes of finding new story ideas. The newly formed Lionsgate Incubator Project will work with Massify -- a kind of Linked-in for the film world, with a network...
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'Crash' case takes bad turn for Yari by Company Town

The two-year old lawsuit over profits from the best picture winner "Crash" took a turn for the worse for producer Bob Yari. Yari is being sued by "Crash" screenwriters Paul Haggis and Robert Moresco and actor Brendan Fraser, who claim...
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Pricey tropical junket seems to have paid off for 'Couples Retreat' by Company Town

One of the keys to the strong $35.3-million opening of "Couples Retreat" was that oldest of Hollywood marketing ploys: the glitzy media junket. Universal flew dozens of journalists to Bora Bora for interviews with the cast in the same tropical...
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Sony curtails development spending halfway through fiscal year by Company Town

Sony Pictures has told the Hollywood creative community that it is all but halting spending on developing new movie projects until April 1, the start of its next fiscal year. That means that for the next six months, the studio...
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LA takes baby steps to keep Hollywood at home by Company Town

Is Los Angeles finally trying to become a film friendly city? Don't hold your breath. But the city council this morning unanimously approved a series of modest recommendations aimed at slowing the disturbing migration rate of TV and film production...
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Rich Ross named chairman of Walt Disney Studios by Company Town

Rich Ross, the television executive who helped revive the moribund Disney Channel, now has to prove he can work movie magic at Walt Disney Studios. The 47-year-old native of Eastchester, N.Y., was hand-picked by Disney Chief Executive Robert A. Iger....
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Disney Channel's Rich Ross headed to the movies by Company Town

Disney Channel chief Rich Ross will figure prominently in the new management structure at Walt Disney Studios following the ouster of former studio Chairman *** Cook, according to people close to the situation. It is unclear whether Walt Disney Co......
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Universal Pictures in the dark about Comcast talks with parent NBC Universal by Company Town

As if the management at Universal Pictures didn't have enough to worry about. As rumors continue to swirl about an impending executive shake-up at the Hollywood studio, Universal Studios President Ron Meyer and his team apparently had no clue that...
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How moviegoers at different ages use technology by Company Town

Digital media is changing the behavior of all moviegoers, but it's doing so very differently for varying age groups. That's what a group of around 100 online and studio marketing executives, as well as journalists, learned this afternoon at a...
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