Filed under: MISC | Tags: Paramount Pictures, Time Warner, Viacom, Warner Bros.
Viacom should sell Paramount Pictures to give a boost to its wilting stock price, says Pali Capital analyst Richard Greenfield. Time Warner could be an interested buyer because it “will have significant cash at year-end and has stated its desire to expand its content business.” (Iwantmedia 10/3, http://www.nypost.com/seven/10032008/business/paramount_paralysis_diagnosed_for_viacom_131965.htm 10/3)
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Filed under: MISC | Tags: 20th Century Fox, Paramount Pictures, Universal Studios, Lions Gate Entertainment, Walt Disney, Twentieth Century Fox, Digital Cinema Implementation Partners, Walt Disney Company
Digital Cinema Implementation Partners‘ (DCIP) agreement with Twentieth Century Fox, Walt Disney Motion Pictures, Paramount Pictures, Universal Studios and Lionsgate Films is a done deal. The studios will fund the deployment of digital projection systems to nearly 20,000 movie theatre screens across North America, including the AMC, Cinemark and Regal theatre chains. (Cynopsis 10/2)
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Filed under: MISC | Tags: Books, Bray, Candace Bushnell, Carrie Bradshaw, HarperCollins, Sarah Jessica Parker, Sex and the City, Television
Candace Bushnell, author of Sex and the City claimed a deal with HarperCollins Children’s Bray and Bray division for two new novels for the teen market centered on character Carrie Bradshaw. The books will focus on Carrie’s high school years where, according to Bushnell Carrie “began observing and commenting on the social scene” around her. The books are due out in the fall of 2010. (Cynopsis 9/18)
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Filed under: MISC | Tags: DreamWorks, Michael Bloomberg, New York Times, Paramount Pictures, Rupert Murdoch, Steven Spielberg, Viacom, Wall Street Journal
Since buying the Wall Street Journal, Rupert Murdoch now wants to own the New York Times, according to Vanity Fair columnist Michael Wolff, who is writing a biography of the media titan. “I’ve watched him go through the numbers, plot out a merger with the Journal’s backroom operations …” (Iwantmedia 9/2, http://www.vanityfair.com/culture/features/2008/10/wolff200810 9/08)
Steven Spielberg is expected to announce a deal with India’s Reliance Communications to restart the DreamWorks studio that he is relocating from Viacom’s Paramount Pictures in an acrimonious split. Reliance could become a 50% owner of the Hollywood director’s new studio. (Iwantmedia 9/2, http://www.businessweek.com/bwdaily/dnflash/content/sep2008/db2008091_384222.htm 9/1)
Fewer people went to the movies this summer than last, confirming Hollywood’s fears that this year’s slate of pictures would not match the crowd pleasers of 2007. But higher ticket prices and a “Batman’ sequel delivered near-record revenue to the major studios. (Iwantmedia 9/2, http://www.nytimes.com/2008/09/02/business/02movie.html?_r=1&oref=slogin 9/2)
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