Friday, January 18, 2019

ICAHN LOSES LATEST BATTLE WITH LIONS GATE

July 29, 2010 by · Leave a Comment 

Activist investor Carl Icahn’s latest legal strike at the management of Lions Gate Entertainment misfired Wednesday when the British Columbia Securities Commission rejected his request to overturn the debt-for-equity swap with his former lieutenant, Mark Rachesky, that boosted Rachesky’s stake in the company while diluting his own. Icahn has filed a similar claim with the […]

CBS PRESIDENT VOWS TO ADD MORE GAY CHARACTERS

July 29, 2010 by · Leave a Comment 

CBS President Nina Tassler conceded Wednesday that she is “very disappointed” with her network’s progress in incorporating gay characters into its scripted shows. Asked about the failing grade that CBS received from the gay activist group GLAAD, Tassler told television critics meeting at their annual “tour” in Beverly Hills, CA, “We know, and we will […]

ASK A SILLY QUESTION — GET A SILLY COLUMN

July 29, 2010 by · Leave a Comment 

Washington Post TV columnist Lisa deMoraes made fun of one of her fellow critics attending the TV critics summer “tour” in Beverly Hills, CA, where TV program execs discuss their plans for the fall. At a news conference for CBS’s Nina Tassler, one reporter, referring presumably to the decision by ABC’s Steve McPherson to quit, […]

REPORT: DEPARTING EXEC MCPHERSON ACCUSED OF SEXUAL HARASSMENT

July 29, 2010 by · Leave a Comment 

Multiple sexual harassment complaints against Steve McPherson were being investigated by ABC when he resigned as ABC Entertainment president on Tuesday, the Hollywood Reporter reported today (Thursday), citing an informed source. According to the trade publication, the network had been conducting an investigation into McPherson’s behavior for the past three weeks. ABC declined to comment […]

COMCAST: MORE REVENUE, LESS PROFIT — NBC DEAL TO BLAME

July 29, 2010 by · Leave a Comment 

If it weren’t trying to buy NBC, Comcast would have had an excellent second quarter, its latest SEC filing indicated. The cable company posted record revenue, much of it the result of customers switching to cable from DSL for higher speeds. Nevertheless, net income fell 8.6 percent to $884 million largely as a result of […]

TIDE OF AMERICAN FILMS TO HIT VENICE

July 29, 2010 by · Leave a Comment 

American films dominated the list of 22 selected to compete for the Golden Lion award at this year’s Venice Film Festival, which takes place Sept. 1-11. Festival organizers said that a 23rd “surprise” competitor will be announced after the festival is well underway, on September 6. They gave no hint as to the nature of […]

MORE CLUES IN INCEPTION MUSIC, COMPOSER SAYS

July 29, 2010 by · Leave a Comment 

There’s more than meets the eye in Christopher Nolan’s Inception (as if that weren’t enough). Now, a short YouTube video has gone viral prodding moviegoers who return to the theater to pay attention with their ears as well. The video reveals that Hans Zimmer, who created the soundtrack for the movie, employed a slowed-down version […]

MPAA SCORES DECISION BY LIBRARIAN OF CONGRESS

July 29, 2010 by · Leave a Comment 

The Motion Picture Association of America (MPAA) has condemned a decision by the Librarian of Congress that exempts documentary film makers and educators from the Digital Millennium Copyright Act (DMCA), allowing them to incorporate “short portions of motion pictures into new works for the purpose of criticism or comment.” In a statement, MPAA spokeswoman Elizabeth […]

DID REDSTONE’S ALLEGED DALLIANCES AFFECT VIACOM’S BOTTOM LINE?

July 29, 2010 by · Leave a Comment 

Viacom/CBS Chairman Sumner Redstone’s alleged dalliances with younger women and the largess he bestowed on them have jumped from the gossip columns to the financial pages as questions arise over whether his activities represent a misuse of corporate funds. While it appears that in at least two cases Redstone gave the women more than $100,000 […]

TUTOR PUTS UP $40 MILLION; MIRAMAX DEAL SHOULD CLOSE SOON

July 29, 2010 by · Leave a Comment 

Responding to a put-up-or-shut-up demand by Disney, construction magnate Ron Tutor and his partners on Wednesday agreed to pay Disney a nonrefundable $40 million as a down-payment on their reported $675-million deal to buy Miramax. Several analysts indicated that the deal could be completed today (Thursday) or on Friday.

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