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State budget cuts hit Hawaii Film Office by Company Town

It's no day in paradise for Hollywood's self-described "Tropical Back Lot." Confronting a fiscal crisis, Hawaii is laying off its film commissioner and two of her key staffers in the Hawaii Film Office in a bid to save the state...
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Video game sales are to movie box office as house sales are to pet adoptions by Company Town

In a culture that has become obsessed intrigued by movies' openings at the box office, it's no surprise that other products, particularly in the world of entertainment, want to compare their launches to those of the biggest films. There's...
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New Disney movie chief pulls plug on costly 'Captain Nemo' by Company Town

UPDATED: In one of his first major creative moves as Walt Disney Studios' new movie chief, Rich Ross has made the costly decision to pull the plug on the planned $150-million production of "Captain Nemo: 20,000 Leagues Under the Sea"...
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Disney's dream that 'Chrismas Carol' will be the new 'Polar Express' coming true by Company Town

When "A Christmas Carol" opened to $30 million domestically on its opening weekend -- well below what prerelease research had suggested and historically very weak for a movie that cost nearly $200 million to produce -- Walt Disney Studios'...
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Fox confirms Emma Watts as production president by Company Town

Twentieth Century Fox has confirmed the widely expected promotion of studio veteran Emma Watts to president of production. For two years Watts had shared the job with Alex Young, who left last month to become a producer at the News...
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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....
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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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