Archive for category Studio

Ortt raises concerns over NY Film Tax Credit

A column from New York State Sen. Rob Ortt, R-C-I-Ref-North Tonawanda   Towards the end of last year, I highlighted the highly controversial and questionable film tax credit that our state has been recklessly participating in for the last 15 years. After beginning as a modest incentive of $25 million per year in 2004, by […]

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Editors Guild Says New Media Contract So “Narrow” It Won’t Deliver On Residuals Promise

by David Robb   and Dominic Patten In recommending a “no vote” on the ratification of new IATSE film and TV contract, Editors Guild Local 700 says that the pact’s new media residuals formula has such an “extraordinarily narrow scope” that it “excludes nearly all of new media.” In a posting on its website, the […]

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Why Netflix May Build the World’s Most Valuable Movie Business (Guest Column)

8/23/2018 by Ben Weiss With a business model untethered from opening weekend box office and high variable P&A spend, the streamer has established the foundation necessary to revolutionize the model of creating and distributing original feature films. Tectonic shifts in large industries do not announce their arrival with an earthquake. Instead, they begin quietly, with […]

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Why Netflix May Build the World’s Most Valuable Movie Business (Guest Column)

8/23/2018 by Ben Weiss With a business model untethered from opening weekend box office and high variable P&A spend, the streamer has established the foundation necessary to revolutionize the model of creating and distributing original feature films. Tectonic shifts in large industries do not announce their arrival with an earthquake. Instead, they begin quietly, with […]

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Wayzata businessman indicted in $12 million moviemaking swindle

By Jennifer Bjorhus Star Tribune JUNE 30, 2016 Jerry Seppala promised to bring Hollywood to the Iron Range, opening a movie studio in an old hockey rink in the basement of Chisholm’s City Hall. Now Seppala and two California men stand accused of bilking investors out of $12 million meant to finance films. Seppala, 47, a businessman […]

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House Approves Bill To Crack Down On Foreign Visa Abuse In Film Industry

by David Robb UPDATED with comment from AMPTP: The House of Representatives has approved a bill that would crack down on producers who bring unqualified directors and movie crews into the country to take the jobs of American film workers. The bill would amend the Immigration and Nationality Act to require the Department of Homeland Security to give […]

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IATSE & Producers Reach Deal For New TV Commercials Contract

by David Robb IATSE and the have reached an agreement on a new three-year contract covering TV commercials shot anywhere in the U.S. Terms of the deal were not disclosed, but the behind-the-scenes union said that it includes “industry standard” wage and benefit increases and a “prioritization” of safety and training. The new agreement takes effect October 1 and […]

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Italian Film Industry Condemns Paramount’s EU Antitrust Deal

by Ariston Anderson Leaders in the Italian film industry say Paramount’s proposed actions will threaten the very core of the European audiovisual industry. The Italian film industry has condemned Paramount for offering concessions to the EU in an ongoing antitrust case. It joins the ranks of leaders in the European audiovisual industry who claim that the […]

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How a Donald Trump Presidential Win Could Chill the Global Film Industry

by Scott Roxborough and John Hecht The Republican frontrunner’s trade proposals and America-first rhetoric have international dealmakers on high alert. Says Mexico’s national film chamber, Canacine: “We hope that for the good of Mexico and the good of the United States Trump does not become president.” Bemusement at the ascension of Republican frontrunner Donald Trump is turning to […]

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Warner Bros. to Address Diversity Issue With Directors Workshop

Justin Kroll   Warner Bros. is continuing its efforts to tackle Hollywood’s diversity problem by launching an emerging film directors workshop, a talent incubator designed to give access and voice to new and underrepresented talent. The studio will begin accepting applications next month and hopes to have the workshop up and running by the end of the […]

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