Archive for category Studio/Network News

Hollywood bets heavily on razzle-dazzle action and effects

http://www.latimes.com/entertainment/news/movies/la-fi-ct-summer-blockbusters-20120428,0,3722926.story With international audiences becoming more important, big Hollywood studios spend ever more on summer films with action sequences and special effects whose appeal needs no translation. By Ben Fritz, Los Angeles Times As Hollywood’s major movie studios try to trim costs every way they can — including layoffs, mergers and slashed expense accounts and [...]

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Movie industry representatives learn the latest on $100 million in tax credits

http://www.sgvtribune.com/news/ci_20499885/movie-industry-representatives-learn-latest-100-million-tax By Bob Strauss, Staff Writer Whether from Humboldt County or Hollywood Boulevard, the film commissioners and industry officials who gathered Friday for the California Locations Breakfast had the same goal: Keep as much production as possible from running away to other states and countries. At the event in West Hollywood, California Film Commission Executive [...]

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Overwhelming Ratification Vote for New IATSE Contract is Expected

http://www.btlnews.com/crafts/overwhelming-ratification-vote-for-new-iatse-contract-is-expected/ By Jack Egan To build support prior to an upcoming ratification vote, International president Matthew Loeb is trumpeting the virtues of the tentative deal recently reached between IATSE and the studios for a new three-year Basic Agreement that will go into effect Aug. 1 if approved. “Our goals going into these negotiations have been met,” stated Loeb in a [...]

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Exclusive: SEC probes movie studios over dealings in China

http://www.reuters.com/article/2012/04/24/us-sec-movies-idUSBRE83N15V20120424 By Aruna Viswanatha (Reuters) – U.S. regulators are investigating major U.S. movie studios’ dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world. The Securities and Exchange Commission has sent letters of inquiry to at least five movie studios in the [...]

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Foreign Box Office Funds Hollywood Production, Dodd Says

http://www.businessweek.com/news/2012-04-24/foreign-box-office-funds-hollywood-production-dodd-says By Michael White Rising international ticket sales will help fund more movie production as the global audience for entertainment expands, said Christopher Dodd, chairman of the Motion Picture Association of America. China’s recent decision to allow increased distribution foreign films is one example of how the global box office is increasing revenue for the [...]

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Tribeca 2012: Producers Speak About Global Co-Productions

http://www.hollywoodreporter.com/news/tribeca-2012-producers-speak-global-co-productions-315090 by Eriq Gardner From access to money to getting equipment through customs, producers speak about the ups and downs of funding films with international money. For indie film producers, the lack of domestic distribution opportunities inside the U.S. has made it more difficult to gather funding for movies solely through international pre-sales. Many producers [...]

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CinemaCon trade show attracts movie studios

http://www.latimes.com/entertainment/news/movies/la-et-cinemacon-20120423,0,7249327.story The Las Vegas convention for the National Assn. of Theatre Owners will be filled with film companies promoting such projects as ‘Frankenweenie,’ Oz: The Great and Powerful’ and ‘The Hobbit.’ By Amy Kaufman and John Horn, Los Angeles Times For most of the year, theater owners are worried about the price of movie tickets, [...]

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“We Made This Movie” Crowdsourcing Musicians For Film Score

http://www.bangstyle.com/2012/04/we-made-this-movie-musicians-score/ Rob Burnett, CEO of the production company of The Late Night Show With David Letterman, is offering up-and-coming musicians a tantalizing big break. Fresh off of his latest project, a film called We Made This Movie which he created with writing and producing partner Jon Beckerman, Burnett is hosting a contest using Red Bull [...]

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James Cameron eyes co-production projects in China

http://www.chicagotribune.com/entertainment/sns-rt-us-china-jamescameronbre83l047-20120422,0,1877397.story Ben Blanchard Reuters BEIJING (Reuters) – “Avatar” and “Titanic” film director James Cameron said on Sunday that he was looking at co-production of films in China, but would have to weigh issues like censorship and other restrictions before making any decisions. Hollywood has begun paying serious attention to China, despite the problems of government [...]

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China’s Bona Film Sees Hollywood Deals Amid New Rules

http://www.businessweek.com/news/2012-04-22/chinas-bona-film-sees-hollywood-deals-amid-new-rules By Bloomberg News Bona Film Group Ltd. (BONA) (BONA), a Beijing- based film distributor and producer, is in talks with several Hollywood studios about co-producing projects and distribution to help drive future growth. The Nasdaq-listed company is in discussions with studios including News Corp.’s Fox, Viacom Inc. (VIAB) (VIAB)’s Paramount and Comcast Corp. (CMCSA) [...]

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