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Variety.com - Business News
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The reps rule (Jul 31 2005 17:57 GMT) - Business News: Film biz casts a watchful eye on CAA's ever-growing clout -- August 14 will mark the 10th anniversary of Michael Ovitz's exit from CAA. Under his reign, Hollywood worried that the agency had too much clout. Now, a decade later, it arguably has more power than Ovitz ever imagined. |
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Oz venture fuels Lear jet (Jul 31 2005 17:57 GMT) - Business News: Sitcom king hits the Roadshow -- Norman Lear certainly isn't resting on his laurels. On July 27 -- Lear's 83rd birthday -- the sitcom icon announced a $115 million investment in Australia-based Village Roadshow Pictures, which has been a co-financing/production partner with Warner Bros. for 25 years. |
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Turnabout is Fair play (Jul 31 2005 17:57 GMT) - Business News: Polanski trial has Carter on defense -- In a London court, Vanity Fair argued that Roman Polanski had no reputation left to defend. Now it's editor Graydon Carter's reputation that may need defending. |
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New mojo for mini-major (Jul 31 2005 17:57 GMT) - Business News: Disney reorients compass as Miramax handoff looms -- As Tom Cruise and Brooke Shields recently demonstrated, Hollywood loves a good feud. And as the old Miramax team exits and the new team takes over, some in the film world were hoping for fireworks, especially after the very public wrangling last summer between Bob & Harvey Weinstein and Disney's Michael Eisner. |
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'Money' man takes stock of media (Jul 31 2005 17:57 GMT) - Business News: Voiceover: Leslie Moonves says he likes the show -- though it runs on a rival conglom's cable outlet. But then the CBS topper was about to be interviewed on the show and he may have wanted to establish a friendly tone before being grilled. |
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Brits put CAP on celeb booze blurbs (Jul 31 2005 17:57 GMT) - Business News: New code sez no to linking alcohol with sex -- Hollywood stars hoping to bring in a little extra coin by appearing in liquor ads should steer clear of the U.K. Watchdogs there have ordered liquor companies not to equate drinking alcohol with sex. |
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NBC plays loan ranger (Jul 31 2005 17:57 GMT) - Business News: GE Capital offers $5 mill to sagging indie -- NBC may be fixing to settle old scores with Mexico's No. 2 net, TV Azteca, by swooping in to rescue a tiny Mexican web. GE Capital has loaned $5 million to ailing indie Canal 40, which has been off-air since May, when workers went on strike to demand three months' unpaid wages. |
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Payola, quiz scandals crossed wires in '59 (Jul 31 2005 17:57 GMT) - Business News: Recent probes remember past problems -- Sony and BMG got their wrists slapped and a $10 million fine last week in a widening radio payola probe. But such scandals have dogged the radio and TV biz for years, and probably never more so than at the end of 1959, when apparently no one could talk, or write, about anything else. |
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Sinking 'Island': the ripple effect (Jul 31 2005 17:57 GMT) - Business News: Summer's big fizzle could impact DreamWorks' talks with NBC -- Although Michael Bay made his name on loud, explosion-filled pics like "Bad Boys" and "Pearl Harbor," the biggest crash in Bay's latest pic, "The Island," wasn't onscreen but at the box office. |
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Hungarian plexes go on the block (Jul 31 2005 17:57 GMT) - Business News: Venues failed to generate enough profit to subsidize chain -- Partially state-owned exhibitor-distributor Budapest Film, a pioneer in Hungary's multiplex revolution, has announced it will sell two of the territory's top venues , blaming shrinking box office returns. |
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Ads boost Brazilian exhibs (Jul 31 2005 17:57 GMT) - Business News: Small biz spots lend a hand to sagging B.O. -- Before the pic begins, moviegoers attending two of Cinemark's digital screens in its plex in Shopping Patio Savassi, Minas Gerais state, view ads for a gym in the same mall; the fact a small business is advertising illustrates why the local exhibs' revenue from sales of commercial time is significantly growing, despite an overall B. |
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Peacock loses its wings (Jul 31 2005 17:57 GMT) - Business News: NBC clips pricey projects in wake of advertising shortfall -- You'd never know from looking at him that Jeff Zucker just lost a billion dollars. In a May massacre worse than anyone at NBC imagined, advertisers penalized the Peacock's pathetic primetime perf by cutting back their 2005-06 ad commitments by $900 million. |
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Saban & Co. weigh sale (Jul 31 2005 17:57 GMT) - Business News: Future unknown with Teuton TV group -- Haim Saban and his equity investment partners are expected to decide on the future of German TV group ProSiebenSat 1 in coming weeks, but a sale to publishing giant and fellow shareholder Axel Springer no longer appears to be a foregone conclusion. |
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Portugal's TVI in Prisa prism (Jul 31 2005 17:57 GMT) - Business News: Spain's key media conglom pacts with bordering pals -- Portugal and Spain are celebrated for sharing a common border and a mutual indifference. That may now be changing, including in film and TV. |
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Biz left to sing the blues (Jul 31 2005 17:57 GMT) - Business News: Majors mull who's next after top N.Y. cop puts hit on radio -- Payola has reared its ugly head again. New York Attorney General Eliot Spitzer slapped Sony BMG with a $10 million fine, ordered the conglom to alter its radio promotion practices and hire a compliance officer. |
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China banks foreign legit coin (Jul 31 2005 17:57 GMT) - Business News: New regs allow investments in agencies, companies -- China plans to open its legit sector to international investment under new regulations allowing foreigners to invest in agencies and management of theaters and theater companies. |
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