Category: Business
Sony Pictures Inks International Distribution Pact With CBS Films
Sony Pictures Worldwide Acquisitions Group has signed a three-year marketing and distribution deal with CBS Films, under which Sony Pictures will handle international theatrical distribution of CBS Films productions as well as service worldwide distribution of the unit's films in the home entertainment marketplace, it was announced today by Peter Schlessel, president, Worldwide Affairs for Sony Pictures, and Jeff Blake, chairman, Sony Pictures Worldwide Marketing & Distribution. CBS Films will handle domestic theatrical distribution of all titles and retains rights in a limited number of foreign territories.
Time Warner and AOL Finally Cut Ties
Following a tumultuous merger than many will always consider one of the worst ever to occur, Time Warner and AOL will finally be going their separate ways, DEADLINE.COM reports.
Disney Puts The Brakes On 20,000 Leagues
Disney's CAPTAIN NEMO: 20,000 LEAGUES UNDER THE SEA never really made it ashore and the studio has now halted production indefinitely, VARIETY reports.
Comedy Central Lining Up New Programming Head
Kent Alterman, a former studio executive-turned-director, is in final talks to replace Lauren Corrao as president of original programming and development at Comedy Central, VARIETY reports.
EA Shutters Pandemic, Cuts 200 Jobs
As EA continues to take a hatchet to its staff counts and cuts costs at every turn, the company has set its sights on California-based developer Pandemic, USA TODAY reports.
2012 Rages to Top of Box Office
Screaming to an huge lead for its opening weekend, Nov. 13-15, Sony's 2012 earned $65 million and the #1 slot. A CHRISTMAS CAROL raked in $22.3 million for Buena Vista and the #2 spot.
MGM on Brink of Sale
COMINGSOON.NET has a statement from MGM that confirms the studio may indeed be auctioned off in a matter of weeks.
Marvel Studios Promotes Louis D'Esposito to Co-President
Marvel Studios has promoted Louis D’Esposito to Co-President of Marvel Studios, the Hollywood subsidiary of Marvel Entertainment, Inc. (NYSE: MVL).
Fox Names Watts Sole President of Production
Emma Watts has signed a three-year deal to serve as the president of production at 20th Century Fox, reports VARIETY.
AFTRA Ratifies Game Deal
Two weeks after SAG rejected a similar offer, AFTRA members have ratified a new deal with video game producers, according to THE HOLLYWOOD REPORTER.
Battle Brews Over Sony's Early Digital Release of Meatballs
Sony's decision to release CLOUDY WITH A CHANCE OF MEATBALLS in digital form on Dec. 8 has irked theater owners, according to THE HOLLYWOOD REPORTER.
Bebo Reportedly Slashes Staff
C21MEDIA.NET is reporting that Bebo is cutting almost all of its staff in the United Kingdom, including head of original production Kelly Sweeney.
Disney Exec Shuffle Continues
SCREENDAILY.COM reports that Walt Disney Motion Pictures Group president Mark Zoradi has left his position.
Ingenuity Engine Transforms Chris Brown in 'I Can Transform Ya' Music Video
Boutique visual effects studio Ingenuity Engine has collaborated once again with director Joseph Kahn on a futuristic new music video for R&B singer Chris Brown's track "I Can Transform Ya," the first single off his forthcoming album Graffiti (due Dec. 8).
Gary Raksis Named CFO of Laika
LAIKA, Inc., the Portland-based animation studio whose first feature film, Coraline, has been a critical and box office success, has appointed Gary Raksis to the post of Chief Financial Officer of the company.
Box Office Sings For A Christmas Carol
A CHRISTMAS CAROL raked in $30 million for Buena Vista and the #1 slot in its opening weekend, Nov. 6-8. MICHAEL JACKSON'S THIS IS IT came in at #2 for Sony in its second weekend, earning $13.2 million. Overture's THE MEN WHO STARE AT GOATS came in #3 for its first week, earning $12.7 million.
IMAX Generates 14% of A Christmas Carol's Opening Weekend
IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) and Walt Disney Studios Motion Pictures today announced that Disney's A Christmas Carol, the spectacular Disney Digital 3D(TM) holiday release from director Robert Zemeckis and starring Jim Carrey, grossed $4.2 million from 181 IMAX(R) theatres domestically from November 6th through November 8, 2009, registering 14% of the film's total domestic gross of $30 million on approximately 3% of the screens.
The Twilight Saga: New Moon Themes Up Habbo Hotel
Summit Entertainment and Habbo Hotel (www.habbo.com ), the largest virtual world for teenagers, today revealed new details for the exclusive The Twilight Saga: New Moon-themed activities, rooms, virtual goods and much more planned to kick-off at Habbo Hotel this week to celebrate the highly anticipated release of The Twilight Saga: New Moon on November 20.
Visual Effects Artist and Creative Director Simon Mowbray Joins Ntropic
Visual effects company Ntropic is excited to announce that Creative Director/VFX Supervisor Simon Mowbray has joined the company. Formerly the co-founder of Radium, Mowbray freelanced at Ntropic on projects for Sprint, Coinstar and Oracle before making it his official home.
Imagi's "Astro Boy" Leaps onto Movie Screens with Autodesk Maya Software
The newly released animated film "Astro Boy" brings the iconic Japanese manga character to movie theaters. Filmmaker Imagi International Holdings Limited (HKEx: 585) created "Astro Boy" with Autodesk Maya software from Autodesk, Inc. (NASDAQ: ADSK).