DreamWorks Studios

Posted on November 18, 2013 by Kelsey Schwartzbach

By Kelsey Schwartzbach

DreamWorks Studios

http://www.dreamworksstudios.com

100 Universal City Plaza Dr., Bldg. 5121 Universal City, CA 91608

818-733-9300 [1]

DreamWorks Studios [2]

Key Executives:

Steven Spielberg, Principal Partner [3][4]

Stacey Snider, Principal Partner, Co-Founder, and CEO [5][6]

Jeff Small, CEO [7][8]

Holly Bario, President of Production [9][10]

A Brief History:

In 1994 Steven Spielberg, along with Jeffrey Katzenberg and David Geffen, founded DreamWorks Studios. Their first full feature film was “The Peacemaker,” released in September of 1997, which starred two hollywood big shots: George Clooney and Nicole Kidman. In 1998 DreamWorks put out, arguably, one of its most successful movies, “Saving Private Ryan,” which was co-production with Paramount. That film did well at the Academy Awards, winning 5 Oscars out of 11 nominations. 1999-2001 were extremely successful years for DreamWorks, they released “American Beauty,” “Gladiator,” (a co-production with Universal Studios) which was the winner of The Academy Awards Best Picture that year, “Almost Famous,” (a co-production with Sony) “Meet the Parents,” (a co-production with Universal) “The Contender,” “Castaway,” (a co-production with 20th Century Fox) and “A Beautiful Mind.” DreamWorks Studios continues to produce excellent and award winning films, such as “War Horse,” “The Help,” and “Lincoln.” [11]

Financials:

Unfortunately, DreamWorks Studios financials are unavailable, but we are able to look at how DreamWorks’ past films have done in the box office to get an idea of how they are doing. DreamWorks most recent film, “The Fifth Estate” did not do well at the box office, and, in turn, DreamWorks lost a fair amount of money. The film cost $28 million to make, and only made $3,240,547 in America. Internationally the film made $2,900,000, making the total profit earned only $6,145,547, meaning DreamWorks Studios lost about $21,854,453, which is a significant amount of money. In addition, DreamWorks is releasing the movie “Delivery Man” on November 22nd, meaning a chance for more income. [12] [13]

Right Here, Right Now

So far, DreamWorks has only released one film in 2013, and that was “The Fifth Estate.”

Poster for The Fifth Estate [15]

A trailer for the film can be seen here. “The Fifth Estate” is a film, based on real events, about WikiLeaks, its founder, Julian Assange, and what happened when WikiLeaks went public. Initially, the film looked like it was going to be a large success, they had a lot of star power, including Benedict Cumberbatch, and an excellent director, which should have drawn a lot of people to the movie. [14]

In addition to Benedict Cumberbatch, “The Fifth Estate” included other successful actors, such as Peter Capaldi, Daniel Bruhl, Laura Linney, and Anthony Mackie. The director of the film was Bill Condon, who directed several successful films, such as “Dreamgirls,” and two of the “Twilight” Saga movies. All of the talent in this movie makes it seem as though it would do well in the box office, but, as stated earlier, this film did not do well in the box office, losing over $20 million on a film is never a studio’s goal. [12] [14] [16]

On Rotten Tomatoes the movie only received an approval rating of 39%, while the average user gave the film a 5.4/10. In addition, Rotten Tomatoes commented on the failure of the movie, stating it was just a platform to show off Cumberbatch’s excellent acting. [17]

Coming soon to a theatre near you

DreamWorks has one other film coming out in 2013, “Delivery Man,” which will premiere this weekend, November 22nd, 2013. A trailer can be seen here. [13]

Poster for Delivery Man [18]

The film stars Vince Vaughn as a lazy delivery man who finds out he accidentally fathered 533 kids from a sperm donation he made some twenty years earlier. 142 children end up filing a lawsuit to find out who their father is. The movie follows Vaughn’s character as he struggles with idea of revealing himself to some of his kids. [13]

The film also stars Chris Pratt and Cobie Smulders, who should draw people in to see the movie. “Delivery Man” is one of the most anticipated movies to come out for the rest of 2013, although the release date was not thought out well. The film is being released the same day as “Catching Fire,” the sequel to the extremely popular “The Hunger Games.” DreamWorks shouldn’t expect the largest numbers for the opening weekend because most audiences will drawn to see “Catching Fire.” The percentage of viewers who want to see this movie on Rotten Tomatoes is 95%. DreamWorks should expect this movie to come in second after “Catching Fire” after the first opening weekend. [13][19][20]

The first film that DreamWorks will release is “Need for Speed,” coming out on March 14th, 2014. [21]

Poster for Need for Speed [22]

The film is based on the popular video game of the same name. It tells the story of a cross-counrty race which starts out as a revenge, but then later turns into redemption. [21]

The film has an exceptional cast to it, starring Aaron Paul, Michael Keaton, Dakota Johnson, Imogen Poots, and popular rapper, Kid Cudi. DreamWorks can expect many Breaking Bad fans to rush to this movie, seeing as Aaron Paul, viewer’s favorite, will star in this movie. In addition, many fans of the acclaimed video game will come to see the movie as well. Many movies based on video games do not do well in the box office, but the star power of the cast will do well to attract many to see this film. [21][23]

In the News

The Bully Pulpit [25]

On October 30th, 2013 DreamWorks Studios gained the film rights to The Bully Pulpit: Theodore Roosevelt, William Howard Taft, and the Golden Age of Journalism, written by Doris Kearns Goodwin. The book, and movie, will tell the story of Roosevelt and Taft’s friendship turned bitter rivalry. The book is highly anticipated and Goodwin has already won a Pulitzer Prize before for her work. The Bully Pulpit will be a collaborative effort between Goodwin and Spielberg, something that has been done before; both worked together on the award-winning film, “Lincoln,” which was partly based on Doris’ book, Team of Rivals: The Political Genius of Abraham Lincoln. [24]

The production of “The Hundred-Foot Journey” begun on October 9th, 2013. The film is

The Hundred-Foot Journey [27]

based off of Richard C. Morais’ novel of the same name. It will star academy award winner Helen Mirren, is produced by Steven Spielberg, Oprah Winfrey, and Juliet Blake. The film is set to be release on August 8th, 2014. [26]

Sources:

[1] http://biz.yahoo.com/ic/42/42800.html [Ret: 16 Nov. 2013]

[2] http://www.spectorentertainment.com/wp-content/uploads/2012/09/Dreamworks.jpg [Ret: 16 Nov. 2013]

[3] http://ia.media-imdb.com/images/M/MV5BMTY1NjAzNzE1MV5BMl5BanBnXkFtZTYwNTk0ODc0._V1._SX267_SY400_.jpg [Ret: 16 Nov. 2013]

[4] http://www.dreamworksstudios.com/about/executives/steven-spielberg [Ret: 16 Nov. 2013]

[5] http://www.hollywoodreporter.com/lists/stacey-snider-268656 [Ret: 16 Nov. 2013]

[6] http://www.dreamworksstudios.com/about/executives/stacey-snider [Ret: 16 Nov. 2013]

[7] http://www.dreamworksstudios.com/files/imagecache/news_image/small_jeff_website.jpg[Ret: 16 Nov. 2013]

[8] http://www.dreamworksstudios.com/about/executives/jeff-small [Ret: 16 Nov. 2013]

[9] http://www.hollywoodreporter.com/sites/default/files/2011/12/Holly_Bario_WIE_40_a_p.jpg [Ret: 16 Nov. 2013]

[10] http://www.dreamworksstudios.com/about/executives/holly-bario [Ret: 16 Nov. 2013]

[11] http://www.dreamworksstudios.com/about/history [Ret: 16 Nov. 2013]

[12] http://boxofficemojo.com/movies/?id=fifthestate.htm [Ret: 16 Nov. 2013]

[13] http://www.dreamworksstudios.com/films/delivery-man [Ret: 16 Nov. 2013]

[14] http://www.dreamworksstudios.com/films/the-fifth-estate [Ret: 17 Nov. 2013]

[15] http://collider.com/the-fifth-estate-featurette/ [Ret: 17 Nov. 2013]

[16] http://www.imdb.com/name/nm0174374/?ref_=ttfc_fc_dr1 [Ret: 17 Nov. 2013]

[17] http://www.rottentomatoes.com/m/the_fifth_estate/ [Ret: 17 Nov. 2013]

[18] http://www.comingsoon.net/gallery/90015/hr_Delivery_Man_7.jpg [Ret: 18 Nov. 2013]

[19] http://www.imdb.com/title/tt2387559/ [Ret: 18 Nov. 2013]

[20] http://www.rottentomatoes.com/m/delivery_man/ [Ret: 18 Nov. 2013]

[21] http://www.dreamworksstudios.com/films/need-for-speed [Ret: 19 Nov. 2013]

[22] http://displaypict.com/need-for-speed-movie-2014-wallpapers.html [Ret: 19 Nov. 2013]

[23] http://www.imdb.com/title/tt2369135/ [Ret: 19 Nov. 2013]

[24] http://www.dreamworksstudios.com/news/dreamworks-studios-acquires-the-film-rights-to-pulitzer-prize-winning-author-doris-kearns-goodw [Ret: 19 Nov. 2013]

[25] http://www.hollywoodreporter.com/sites/default/files/2013/10/the_bully_pulpit.jpg [Ret: 19 Nov. 2013]

[26] http://www.dreamworksstudios.com/news/production-has-begun-on-the-feature-film-adaptation-of-the-hundred-foot-journey-starring-academ [Ret: 19 Nov. 2013]

[27] http://3.bp.blogspot.com/-DMqA566VB6w/UdHdGWs4hVI/AAAAAAAAF1A/Fk46RvzNzd4/s600/the-hundred-foot-journey-book-cover-395×600.jpg [Ret: 19 Nov. 2013]

Weinstein Company

Posted on November 4, 2013 by Matthew Sarshik

By Matt Sarshik

The Weinstein Company Logo [1]

History

Created in 2005, The Weinstein Company is a multimedia production and distribution company founded by brothers Bob and Harvey Weinstein. The brothers created the company following their departure from Miramax Films, a company they founded in 1979. The Weinstein Company encompasses genre-film studio Dimension Films. The Weinstein Company left the 2012 Academy Awards with 8 awards, the most in the studio’s history, including Best Picture for The Artist. [1]

Key Executives

Harvey Weinstein
Courtesy of Biography.com [2]

Harvey Weinstein is co-chairman of The Weinstein Company and founded Miramax Films in 1979 with his brother, Bob, where they released many critically acclaimed films, receiving 16 Best Picture nominations over 16 years. [3]

Bob Weinstein
Courtesy of the NY Daily News [4]

Bob Weinstein is co-chairman of the The Weinstein Company and Dimension Films, a company he established in 1993, which primarily produces science fiction, family, and horror films including the Scream and Scary Movie franchises. [5]

Financials

Through November of 2013, The Weinstein Company ranks eighth among studios with a 5.1% market share. The studio has released 13 films in 2013 and brought in a total gross of approximate $468 million. In 2012, The Weinstein company also placed eighth among the studios, however they only held a 2.4% market share. [6]

Recent News

At the 2013 Toronto International Film Festival, The Weinstein Company picked up several features. The list was highlighted by “Can A Song Save Your Life?” starring Keira Knightley for $7 million and they secured the U.S. rights to “The Railway Man” for a reported $2 million starring Colin Firth and Nicole Kidman. The studio also used the festival to carry seven of their upcoming releases including “Mandela: Long Walk to Freedom” and “August: Osage County”. [7] [8] [9]

In August, The Weinstein Company agreed to an exclusive streaming deal with Netflix. The deal, set to begin in 2016, will make Netflix the sole U.S. home for all films from The Weinstein Company and Dimension Films during the premium pay-TV window. This deal builds on the already existing deal between the companies that allowed Netflix to stream select films, mostly including foreign films and documentaries. This new deal will end The Weinstein Company’s 2008 seven-year pay TV deal with Showtime. [10]

Recent Film Releases

Courtesy of Indiewire [11]

“Lee Daniels’ The Butler“, released on August 16, is an independent historical drama staring Forest Whitaker as a White House butler who serves over eight presidencies. The film also features Oprah Winfrey as the butler’s wife. [12]

On its opening weekend, the film topped the box office with a weekend gross of over $24 million. It remained atop the weekend box office results for the next two weekends. Through 14 weeks, the film has a domestic gross of over $115 million on just a $30 million budget. The film is currently the studio’s top grossing film of 2013 and fifth all-time. [13]

Originally titled The Butler, the film included director, Lee Daniels‘ name in the title after a failed legal battle with Warner Bros, which claimed the title had been used for a 1916 short. While many thought the name battle may damage the film’s prospects, Harvey Weinstein claims, “We asked people opening weekend what made them see the movie, 40 percent of the audience said the controversy”. [14] [9]

The film is already considered an awards contender, specifically for the performances from Whitaker and Winfrey.

Courtesy of IMP Awards [15]

“Fruitvale Station”, released on July 12, is the believed true story of the moments leading up to and following the tragic death Oscar Grant III at a subway stop on New Year’s Day. The film stars best actor contender Michael B. Jordan. The film was a 2013 Sundance Film Festival winner. [16]

The film was released in seven theaters, the same weekend the Trayvon Martin verdict was read, grossing a $53,898 average per theater. The film was only placed in over 1,000 theaters during its third and fourth weeks. As of October 31st, the film has a domestic total of just over $16 million. [17]

The Weinstein Company combined marketing for this film with a message to end social injustice in the name of Oscar Grant III. On film advertisements on both the studio’s website and actual business cards, audiences were encouraged to use social media to tell their stories of social injustice. [18]

Courtesy of IMP Awards [19]

On September 6, The Weinstein Company released “Salinger”, the story of reclusive author J.D. Salinger, staring Philip Seymour Hoffman and Edward Norton. [20]

The film played in four theaters over its first two weeks, then reached its high of 138 theaters in its third week. The film was not highly received at the Telluride Film Festival, resulting in Harvey Weinstein’s decision to recut the film. As a result, 13 minutes of footage was removed, with eight new minutes added. Weinstein’s updated version was used in the film’s wide release. The film has a worldwide gross of over $650,675. [21] [22]

Upcoming Releases

Courtesy of Dipson Theaters [23]

On November 22, The Weinstein Company is slated to release “Philomena” a film based on the 2009 investigative book by BBC correspondent Martin Sixsmith, stars Judi Dench as a mother in search of her son. The Motion Picture Association of America originally gave the film an R rating, however they changed their ruling to a PG-13 rating after resistance from the studio. [24]

Courtesy of IMP Awards [25]

On November 29, the studio is set to release “Mandela: Long Walk to Freedom”, starring Idris Elba as Nelson Mandela in his story from childhood to his inauguration as president of South Africa. [26]

The Weinstein Company announced that a special screening of the film will take place at The Kennedy Center on November 20 with former secretaries of state Hillary Clinton and Colin Powell in attendance. This screening is part of an eight-city tour presented by The Weinstein Company and Coca-Cola. [27]

Courtesy of The Hollywood Reporter [28]

On Christmas Day, The Weinstein Company is scheduled to release the highly anticipated “August: Osage County”. The John Wells’ film surrounds a family of women who return to their Oklahoma home following a family crisis. The film has generated a lot of buzz due to its star studded cast, highlighted by Julia Roberts and Meryl Streep. [28]

The film received a variety of reviews when it premiered at the Toronto International Film Festival. The film’s movie poster has received a lot of attention for being strategic as it shows many of the film’s stars. With so many stars, the studio aims to attract the fan bases of these high profile actors. The film expects to compete in the musical or comedy categories at the Golden Globes. [28]

Sources

Sources Accessed November 20, 2013

[1] About The Weinstein Company

[2] Biography.com – Harvey Weinstein

[3] About Harvey Weinstein

[4] NY Daily News – Bob Weinstein Photo

[5] About Bob Weinstein

[6] Box Office Mojo – Studio Market Share

[7] Weinstein Co Acquires Rights at TIFF

[8] Weinstein Co Deal for “The Railway Man”

[9] The Daily Beast – Harvey Weinstein Interview

[10] The Hollywood Reporter – Weinstein Co. Deal with Netflix

[11] Indiewire – Lee Daniels’ The Butler Movie Poster

[12] Hollywood Reporter – Box Office Milestone

[13] Box Office Mojo Lee Daniels’ The Butler

[14] USA Today – The Butler Box Office Appeal

[15] Fruitvale Station Movie Poster

[16] Box Office Mojo Fruitvale Station

[17] Deadline – Fruitvale Station Box Office

[18] The Mother Jones – Marketing for Fruitvale Station [

[19] Salinger Movie Poster

[20] IMDb – Salinger

[21] Box Office Mojo Salinger

[22] The Atlantic Wire – Salinger Recut

[23] Philomena Movie Poster

[24] Entertainment Weekly – Philomena Rating Appeal

[25] Mandela: Long Walk to Freedom Movie Poster

[26] IMDb – Mandela: Long Walk to Freedom

[27] Deadline – Mandela: Long Walk to Freedom Special Screening.

[28] The Hollywood Reporter – August: Osage County

DreamWorks SKG Studios

Posted on October 28, 2013 by Jacob Warren

By Jacob Warren

DreamWorks SKG Studios Logo [1]

DreamWorks Studios Entrance [2]

100 Universal City Plaza Dr.
Universal City, CA 91608
Website: www.dreamworksstudios.com
Phone: 818-733-9300
Twitter: @DW_Studios

Key Executives

Steven Spielberg [3] Founder & Principal Partner

Stacey Snider [4] Co-Chairman & CEO

Jeff Small [5] President & COO

Brief History

DreamWorks Studios was founded in 1994 by filmmaker Steven Spielberg, animation specialist Jeffrey Katzenberg and recording industry expert David Geffen. The three

DreamWorks Logo [6]

founders initially planned to create DreamWorks as a diversified media firm, however they quickly realized that this was the wrong approach and transformed DreamWorks into a television and film developing, producing and distributing powerhouse. The partners sold DreamWorks to Viacom in 2005 and the majority of DreamWorks Studios’ films are now marketed and distributed by Walt Disney Studios. [6] [7]

Company Overview

Company Sign [7.5]

DreamWorks Studios is a mini-major motion picture company led by Steven Spielberg in partnership with the Reliance ADA group. DreamWorks develops and produces films and television programming with a goal of releasing or producing a minimum of five to six films each year. Since its inception, DreamWorks Studios has produced and developed over 75 motion pictures including three consecutive Academy Award Best Pictures in 1999, 2000 and 2001. With distribution outlets in North America, Europe, Africa, the Middle East, Asia, Australia and Russia, DreamWorks’ success in the film industry prompted the company to split into two separate entities in 2004, DreamWorks Studios and DreamWorks Animation. [8]

Financials

Unlike DreamWorks Animation, DreamWorks Studios has remained a privately held company and is not required to release financial statements to the public. However, significant financial information about the company is available through research. Initially funded by the three founders who each contributed $33 million, DreamWorks was also initially capitalized by an investment of $500 million from Microsoft co-Founder, Paul Allen. Despite earning Academy Awards for Best Picture in 1999, 2000 and 2001, nu-

Reliance ADA Media Logo [8.5]

merous box office flops resulted in a $400+ million debt for the film company, which nearly declared bankruptcy twice. In February 2006 DreamWorks and Viacom agreed to terms that awarded Viacom control of DreamWorks Studios for an approximate $1.5 billion. Viacom assumed DreamWorks’ debt, however Viacom’s film distribution company, Paramount Pictures, also acquired DreamWorks’ film library that was valued at $900 million. [9] In 2008, DreamWorks ended its distribution deal with Paramount Pictures and inked another $1.5 billion deal with one of India’s largest media companies, Reliance ADA Group, which now owns 50% of the DreamWorks Studios. JP Morgan executives Clark Hallren and Alan Levine guided Reliance Media’s formulation of a business plan for DreamWorks Studios. [10]

Early Filmography

Although considered a mini-major film company, DreamWorks competes with major film studios. In 1997, DreamWorks released its first film, The Peacemaker. After several smaller films, DreamWorks made a significant impact in 1998 with the release of Saving

Battlefield scene from 'The Pacific' [23]

Battlefield scene from ‘The Pacific’ [10.5]

Private Ryan, featuring Tom Hanks. Grossing just under $500 million, the film was nominated for 11 Academy Awards. DreamWorks Studios’ success was just beginning. During the next three years DreamWorks Studios films won Best Picture for American Beauty (1999), Gladiator (2000) and A Beautiful Mind (2001), bringing in over $1 billion and 14 Academy Awards. DreamWorks Studios also enjoyed success in television with the HBO 10-part mini series, ‘The Pacific’ (2010). The series was nominated for 23 Emmy Awards, winning eight. [6]

Right Here. Right Now.

Radical Changes

Despite its film and television success, by 2012 DreamWorks Studios was losing tens of millions of dollars a year. In 2013, the founders began streamlining operations to focus on improving profits. Although DreamWorks has its history as a Hollywood film

'Lincoln' DreamWorks film co-financed by 20th Century Fox [24]

‘Lincoln’ DreamWorks film co-financed with 20th Century Fox [10.6]

company, the studio began slashing budgets and transitioning to more of an independent film company. Beginning by reducing annual films in production from six to two, they tightened film schedules from 60-days to 40-days as well as keeping film budgets under $30 million. DreamWorks now utilizes co-financing on almost all of its films to reduce its financial risk and has slashed its work force from 120 employees to a lean 80. [11]

2013 Film Releases

'The Fifth Estate' film released in 2013. [25]

‘The Fifth Estate’ film released in 2013. [11.5]

With DreamWorks’ new business plan they now have the flexibility to release three or four films a year. This year, DreamWorks produced and released three new films. The first, ‘The Fifth Estate’, released on October 18, 2013, chronicles the demise of the company WikiLeaks. The film “reveals the quest to expose the deceptions and corruptions of power that turned an Internet upstart into the 21st century’s most fiercely debated organization.” Although a popular and compelling story, the film has yet to earn a fraction of its $28 million budget, only earning $3 million domestically to date. [12] [13]

The second film being released this Friday, November 22, 2013 is the comedy ‘Delivery Man’ featuring Vince Vaughn. This heavily marketed film presents the story of underachiever David Wozniak, whose uneventful life gets turned upside down when he finds out that he unintentionally fathered 533 children via sperm donations that he made in his youth. [14] [15]

The final film that DreamWorks has finished production on this year is the action-packed ‘Need For Speed’. A spinoff of the popular video game series set to release March 14,

'Need For Speed' action scene (2014). [26]

‘Need For Speed’ action scene (2014). [15.5]

2014, this film is DreamWorks’ attempt to grab a piece of the racing genre popularized by Universal Studios’ ‘The Fast and The Furious’ which has released six movies and is the most successful racing movie series ever. [16] [17]

2013 Acquisitions

Along with slashing budgets and modifying business plans, DreamWorks Studios has focused on purchasing rights to popular literary works. Early in 2013, they obtained the rights to Richard C. Morais’s best-selling novel, ‘The One-Hundred Foot Journey’. The film went into production on October 9, 2013 and is scheduled for release on August 8, 2014. Also in October 2013, DreamWorks Studios acquired an untitled pitch from screenwriting

Goodwin's best seller 'The Bully Pulpit' [27]

Goodwin’s best seller ‘The Bully Pulpit’ [18.5]

brothers Phil and Scott Rosenberg. “Plot details are being kept under wraps, but sources describe the film as a ‘modern-day-mission movie’ with a supernatural twist. [18]” Industry experts are waiting to see if DreamWorks will put the pitch into production. The most recent purchase occurred on October 30, 2013 when DreamWorks acquired the film rights to Pulitzer Prize-winning author Doris Kearns Goodwin’s recently released book, The Bully Pulpit: Theodore Roosevelt, William Howard Taft, and the Golden Age of Journalism. Goodwin and DreamWorks successfully collaborated on the 2012 film ‘Lincoln’ which grossed over $275 million. [19] [20]

Sources:

[1] Broadwayworld.com: DreamWorks logo image

[2] Communitybranding.com: DreamWorks entrance image

[3] DreamWorks: Steven Spielberg image/bio

[4] DreamWorks: Stacey Snider image/bio

[5] DreamWorks: Jeff Small image/bio

[6] DreamWorks: Film history/image

[7] LA Times: DreamWorks & Walt Disney Studios deal

[7.5] ABClocal.go.com: Company sign image

[8] Google Articles: DreamWorks & Reliance Media deal

[8.5] Variety: Reliance ADA Group image

[9] Hollywood.com: Paramount buys DreamWorks

[10] Reuters: Reliance ADA Group deal

[10.5] Skymovies.com: ‘The Pacific’ scene image

[10.6] Gcmag.org: ‘Lincoln’ film image

[11] Hollywood Reporter: DreamWorks new business plan

[11.5] Benedictcumberpatch.co: ‘The Fifth Estate’ image

[12] DreamWorks: ‘Fifth Estate’ snapshot

[13] Contactmusic.com: WikiLeaks reaction to film

[14] DreamWorks: ‘Delivery Man’ snapshot

[15] Rotten Tomatoes: ‘Delivery Man’ Analysis

[15.5] Collider.com: ‘Need For Speed’ image

[16] DreamWorks: ‘Need For Speed’ snapshot

[17] IMDb: ‘Need For Speed’ Info

[18] Variety: Rosenberg script acquired

[18.5] Hollywood Reporter: Doris Goodwin’s best-seller image

[19] Movie Insider: Recent DreamWorks Acquisitions

[20] DreamWorks: Acquisition of best-seller

(Total Sources: 27)

Walt Disney/Touchstone Pictures

Posted on April 8, 2013 by Carly Konsker

by Carly Konsker

Profile

The Walt Disney Company, including all of its subsidiaries and affiliates, is known across America and world wide as a leading diversified international family entertainment and media enterprise. This massive corporation contains five main business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive Media. [1]

History

On October 16, 1923, Walt and Roy Disney founded The Walt Disney Company, which was originally named The Disney Brothers Studio. The company got its start by producing Alice Comedies, which lasted for four years. They continued with their love of cartoons, and in 1928 the most famous Disney icon was created, Mickey Mouse. Disney won its first Academy Award for Best Cartoon in 1932. Fiver years later, the company shocked the world by developing their first full-length feature film in 1937. [2, 3, 4]

Courtsey of http://d23.disney.go.com/ Walt and Roy proudly displaying their first Oscar with the world's most famous mouse.

Walt and Roy proudly displaying their first Oscar with the world’s most famous mouse. [5]

Walt Disney, the visionary behind the Disney empire, dies at age 66 on December 15, 1966. After his younger brother’s death, Roy Disney took it upon himself to control the financing and construction of Walt Disney World, his brother’s last wish. Since the beginning, Roy was always in charge of the business side of the Disney company, while Walt was the creative genius behind the fantasies. On December 20, 1971, Roy O. Disney passed, three months after the opening of Walt Disney World. [2, 4]

Today, The Walt Disney Company continues to thrive while sticking to their roots of turning dreams into reality. Disney reinforces their past by keeping the Disney legacy alive, but the company also creates new content with ground-breaking technology.

Current Chairman and CEO of The Walt Disney Company is Robert A. Iger. [6]

Courtesy of http://thewaltdisneycompany.com/

Alan Horn, Chairman of Walt Disney Studios [7]

Financials

The Walt Disney Company: NYSE:DIS quotes & news https://www.google.com/finance?q=NYSE:DIS

Walt Disney Studios/Walt Disney Pictures

The Walt Disney Studios includes the creation, production, promotion, sales, acquisition, and national and international distribution of live-action and animated motion pictures, home entertainment releases, music and soundtrack recordings, and live stage plays. The Walt Disney Studios is the home to Marvel, Touchstone Pictures, Disney•Pixar, Walt Disney Studios Motion Pictures (Live-Action), Disneynature, and Walt Disney Animation Studios.

Walt Disney Studios Motion Pictures (Live-Action)

On July 19, 1950, Disney released its first life-action feature film, Treasure Island. Since then, filmmakers have created some of the most successful live-action family films including the Pirates of the Caribbean films, Alice in Wonderland, and Oz the Great and Powerful. Many of these films, as well as movies in other divisions, are distributed under the brand name, Buena Vista. [10]

Courtesy of www.boxofficemojo.com

Recent News:

On March 14, 2013, Disney and Showtime announced the extension of their output deal, which allows DreamWorks Studios’ films that are theatrically released by Disney to be available to Showtime subscribers through 2018. [8, 9]

As of April 7, 2013, Oz the Great and Powerful has topped the US Box Office with an estimated gross of $212,767,000. [11]

In 2015, Disney looks forward to releasing Star Wars: Episode VII, the first film produced since Disney’s acquisition of Lucasfilm Ltd. in October 2012. The film will be directed by J.J. Abrams, who is famous for directing the hit television series Lost. “Standalone movies” featuring Star Wars characters are in the works. [12, 13]

Future Releases: The Lone Ranger (July 3, 2013), The Delivery Man (October 4, 2013)

Marvel Studios

Marvel Entertainment is a completely-owned subsidiary of The Walt Disney Company. Marvel Studios, founded in 1996, is a successful facet of Marvel Entertainment that creates, develops, and produces life-action films based on the characters and story-lines from the iconic marvel comic book empire. [14]

Iron Man 3 Trailer

The success of their film franchise will continue to grow with the upcoming releases of Iron Man 3 on May 3, 2013, The Avengers 2, Thor: The Dark World, and the studio has already started production has on the sequel to Captain America. Marvel’s The Avengers was not only the highest grossing movie of this past year, but it was also the 5^th highest grossing feature film of all time. [14, 15, 16]

Walt Disney Animation Studios

Walt Disney Animation Studios was founded in 1923. The studio’s first fully animated feature film, Snow White and the Seven Dwarfs, became the highest grossing film of its time. Disney paved the way for a new type of family entertainment. Some of their masterpieces include the Disney Fairies films, Tangled, Bolt, and The Lion King. [16]

Future Release: Planes (August 09, 2013) featuring the voices of Dane Cook, Stacy Keach, Brad Garrett, Teri Hatcher, and Cedric the Entertainer. [17]

Pixar Animation Studios

Pixar Animation studios was founded in 1986 when Steve Jobs bought the Computer Graphics Division of Lucasfilms from George Lucas and started an independent company, Pixar. [18] Pixar has built a name for itself through some of the most successful movies in animation. For example, all the Toy Story films, Finding Nemo, WALL•E, and all Cars movies. [18]

Starting in 1991, Disney and Pixar have continuously signed deals over the years to make and distribute animated films together. The Walt Disney Company officially agreed to acquire Pixar Animation Studios in a $7.4 Billion stock deal on January 24, 2006. This deal allowed Disney to revert back to its traditional animation roots, and gave Steve Job’s, the former CEO of Pixar, tremendous power in Hollywood by becoming the largest individual shareholder of Disney. [19]

On April 1, 2013, Pixar announced the title sequel to the 2003 Academy Award winning film for best animated feature, Finding Nemo. The upcoming film, Finding Dory, will be released on November 25, 2015, thanksgiving weekend. Ellen DeGeneres will once again be the voice behind the film’s leading character Dory, who learns about the meaning of family as she is reunited with her loved ones in the film. [20, 21]

Touchstone Pictures

Touchstone Pictures is one of several film labels of The Walt Disney Studios, owned by The Walt Disney Company. This American film production studio was created in 1984 in order for Disney to have a brand that released more adult-oriented material. Touchstone Pictures is also the banner under which live-action films from DreamWorks Studios are distributed since their agreement finalized 2009. [22]

Touchstone’s first film released was the 1984 comedy, Splash. Since then, over 200 films have been released from Touchstone Pictures including Pretty Woman, Father of the Bride, Step Up, and The Proposal. [23]

Lincoln (2012), distributed under Touchstone Pictures, was nominated for 12 Oscars at the 85th annual Academy Awards. Lincoln received the most nominations among those released in 2012, and it won the award for Best Production Design and Best Actor. [24]

Future Release: The Fifth Estate (November 15, 2013) [25]

Sources:

The Walt Disney Company Corporate http://thewaltdisneycompany.com/
Timeline of The Walt Disney Company http://thewaltdisneycompany.com/about-disney/disney-history
History of The Walt Disney Studios http://animation.about.com/od/industryprofiles/p/waltdisney.htm
History of Disney – Excerpt From The Walt Disney Company Archives http://waltdisneystudios.com/static/The%20History%20of%20TWDS.pdf
Walt and Roy Disney Photo http://d23.disney.go.com/
Bob Iger CEO of The Walt Disney Company http://thewaltdisneycompany.com/about-disney/leadership/board-directors/robert-iger
Alan Horn, Chairman of Walt Disney Studios http://www.waltdisneystudios.com/corp/unit/6/bio/1015
Disney and Showtime DreamWorks Deal Extended http://variety.com/2013/film/news/disney-to-keep-its-dreamworks-films-at-showtime-1200194681/
Showtime and Disney Renew DreamWorks Contract http://www.deadline.com/2013/03/showtime-dreamworks-studios-contract-extension/
Walt Disney Studios Motion Pictures (live-action) http://www.waltdisneystudios.com/corp/unit/74
Oz the Great and Powerful Tops US Box Office http://www.boxofficemojo.com/movies/?id=oz.htm
Disney Acquires Lucasfilm – Press Release http://thewaltdisneycompany.com/disney-news/press-releases/2012/10/disney-acquire-lucasfilm-ltd
CEO Bob Iger Discusses Star Wards in CNBC Interview http://www.deadline.com/2013/02/disney-to-release-additional-films-based-on-star-wars-characters/#more-422357
Marvel – Walt Disney Studios http://www.waltdisneystudios.com/corp/unit/246
Marvel’s The Avengers http://boxofficemojo.com/movies/?id=avengers11.htm
Walt Disney Animation Studios http://www.waltdisneystudios.com/corp/unit/76
Disney’s Planes Press Release http://www.waltdisneystudios.com/corp/news/1288
Pixar Animation Studios History http://www.pixar.com/about/Our-Story
Disney Agrees to Acquire Pixar http://www.nytimes.com/2006/01/25/business/25disney.html?_r=1&
Finding Dory Announced http://variety.com/2013/film/news/pixar-finds-title-release-date-for-finding-nemo-sequel-1200331933/
Finding Dory Press Release http://waltdisneystudios.com/corp/news/1293
Walt Disney Studios Corporate http://thewaltdisneycompany.com/disney-companies/studio-entertainment
Touchstone Pictures http://www.waltdisneystudios.com/corp/unit/264
Lincoln (2012) http://en.wikipedia.org/wiki/List_of_accolades_received_by_Lincoln_(2012_film)
Production Begins on DreamWorks’ WikiLeaks Project “The Fifth Estate” http://waltdisneystudios.com/corp/news/1250

Spyglass Entertainment

Posted on April 5, 2013 by Mack Bleach

by Mack Bleach

Logo

245 N. Beverly Dr.
Beverly Hills, CA 90210
310.443.5800 (Tel)
310.443.5912 (Fax)
http://www.spyglassentertainment.com/

ORIGINS [1][2]
Co-founded by veteran producers and executives Gary Barber and Roger Birnbaum in 1998, Spyglass Entertainment Group, LLC, is a small, private American production company that was forged from the joint investments from The Walt Disney Company—a later distributor for them—and several European investors, including Scandinavia’s Svensk Films, Portugal’s Lusomundo, Germany’s Kirch Group, and Italy’s Mediaset. Its current lone European distributor is StudioCanal UK. The Cerberus Capital Group, a private equity firm, acts as its parent holding company.

Birnbaum and Barber

KEY PEOPLE [3]
Gary Barber – Co-founder, Co-chairman, Co-CEO
Roger Birnbaum – Co-founder, Co-chairman, Co-CEO
Jonathan Glickman – President
Jose Gutierrez – CFO, Executive VP
Peter Oillataguerre – Executive VP of Production
Rebekah Rudd – Executive VP of Post-Production

ROLE
As a younger, smaller production house, Spyglass is owned and maintained by other companies and has either co-financed, co-distributed, and most importantly, co-produced, its films alongside other production groups; never has it produced a film on its own. However, Spyglass is known to finance and produce television and films for international distribution purposes, partnering with Canal Plus for television distribution in France, Sweden and Poland, Sogecable S.A. for Spanish television, Pony Canyon Inc. for distribution in Japan, and Forum Film Ltd. for Israeli cinema [2].

CINEMA SUCCESS [4]
Since its inception in 1998, the company has released films with every one of the “Big Six” film studios, garnering over $5 billion in global sales. Spyglass has co-produced a variety of different types of films for over a decade, including, most notably, the $661-million-dollar worldwide launch of The Sixth Sense (1999), followed by Bruce Almighty (2003), Memoirs of a Geisha (2005) Star Trek (2009), and Get Him to the Greek (2010). Prior to Spyglass and MGM’s merger in 2010, The Sixth Sense, Bruce Almighty, and Seabiscuit (2003), dominated domestic box offices, helping to bring US totals to nearly $2 billion in revenue before the end of the decade. Spyglass films have collected over 34 Oscar nominations and 3 wins.

Theatrical poster

The Sixth Sense (1999)
Produced for Disney’s Hollywood Pictures affiliate, the M. Night Shyamalan-directed thriller pic starring Bruce Willis earned six Oscar nominations and grossed over $500 million worldwide, ranking it as the ninth highest grossing film in history at the time. Its commercial success confirmed investors’ faith in Barber and Birnbaum and was the company’s first breakthrough [2].

Theatrical poster

Bruce Almighty (2003)
Its most important film of the 2003-2004 releases, the Jim Carrey comedy pulled in nearly $500 million worldwide and its particular international draw heavily bolstered Spyglass’ financial standing through the international rights it acquired with co-financing partners overseas [2].

Theatrical poster

Seabiscuit (2003)
Coming after a split with Disney and a proud new partnership with co-financier DreamWorks, the film adaptation of Laura Hillenbrand’s novel about the famous racehorse, starring Tobey Maguire, proved to be a commercial and critical success that earned seven Oscar nominations. Spyglass put up half the budget with Universal Pictures, agreeing to rights for all international markets while Universal handled domestic markets [2].

Theatrical poster

Memoirs of a Geisha (2005)
Based on the best-selling novel by Arthur Golden, the Rob Marshall-directed, Steven Spielberg-produced and Spyglass-produced drama starring Ken Watanabe and Michelle Yeoh garnered three Oscars out of its six nominations, including Best Cinematography and Best Costume Design in 2006 [5].

By the end of the decade, with analogous companies like Bel-Air, Mutual Film, Alcon, Mandalay, and New Regency facing financial ruin and scaling back activity, Spyglass’ success in the movie business was considered a fluke in the system. Because Spyglass Entertainment Television division’s debut endeavor, Miracles, failed in 2004, followed by the television failures of The Ranch and Out of the Shadows, Spyglass devoted itself to a strictly film content producer, and throughout the 2007-2008 year was especially prolific, producing fifteen films, from The Lookout (2007) to Four Christmases (2008). Today, Spyglass’ competition consists of Beacon Pictures, Imagine Entertainment, and IFC. [2][6]

MERGER [7][8]
Around Christmas 2010, the ailing Metro-Goldwyn-Mayer Inc. (MGM) was ready to declare bankruptcy when Spyglass, one of the studio’s creditors, wrote off nearly $5 billion in debts, accumulated interest and fees in a trade for ownership of MGM, although both Spyglass and MGM would be considered separate entities. Barber and Birnbaum became co-charman and co-CEOs of the studio, despite Spyglass’ stake being reduced from 5% to 1% in a move by business magnate Carl Icahn, who, as a 14% owner, agreed after the plan was re-packaged to exclude titles from the Spyglass archives.

Get Him to the Greek (2010) Trailer [9]
One of Spyglass’ first co-produced films following the merger, and a highly successful comedy.

ACTIVITY [10]
Since the merger, Spyglass has scaled back its operation, and only produces several films a year [2], if that, which includes Dinner for Schmucks (2010), The Tourist (2010), No Strings Attached (2011), and, most recently, The Vow (2012).

Spyglass is currently attached to the action-adventure film adaptation of Radical Comics’ Hercules: The Thracian Wars (2014), which starts pre-production in May, starring Dwayne “The Rock” Johnson and Ian McShane.
Barber, Birnbaum, and Glickman (as Spyglass Entertainment) are signed on as producers for Ironbow: The Legend of William Tell, a version of the Swiss folk hero’s legendary creation of the Swiss Confederation, written by Jay Wolpert and directed by Justin Chadwick.
The trio are also producers, along with Robert De Niro, on The Undomestic Goddess, a film in development based on Sophie Kinsella’s novel of the same name.
Spyglass’ producers have teamed up with writer/director Brian Koppelman and several other producers in the development of The Game, a film adapation of Neil Strauss’ memoir as a pickup artist, starring Josh Gad.
In another adaptation, Spyglass has signed on as co-producer of the 1979 remake of the sci-fi/horror film, The Brood, written by Cory Goodman and directed by Breck Eisner.
Spyglass is behind Spanky Johnson: Monster Hunter (2014), a comedy about a boy who is forced to assume his father’s monster hunting business, starring Dan Fogler, who also appeared in Spyglass’ 2007 comedy success, Balls of Fury.

References

[1] www.spyglassentertainment.com

[2] http://www.answers.com/topic/spyglass-entertainment

[3] http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1505245

[4] http://www.the-numbers.com/movies/series/SpyglassEntertainment.php

[5] http://motioncolor.blogspot.com/2011/08/memoirs-of-geisha.html

[6] http://www.prnewswire.com/news-releases/spyglass-entertainment-forms-television-division-megan-wolpert-to-head-spyglass-entertainment-television-as-senior-vice-president-76555697.html

[7] http://www.globaltimes.cn/business/world/2010-12/603275.html

[8] http://variety.com/2010/film/news/mgm-restructuring-becomes-official-1118029320/

[9] http://www.youtube.com/watch?v=N6ixkr0-qvo

[10] http://pro.imdb.com/company/co0031181/

Twentieth Century Fox Film Corporation

Posted on December 2, 2012 by jwu17

By Jimena Wu

Official 20th Century Fox 2012 Logo – Courtesy of Google Images

Company Information [2]

10201 W. Pico Blvd.

Los Angeles, CA, 90064 United States

(310) 369-1000

http://www.foxmovies.com

Brief Overview

Twentieth Century Fox Film Corporation is a subsidiary of Fox Inc., owned by Rupert Murdoch’s News Corporation. 20^th Century Fox Film Corporation’s motion pictures are produced or acquired by the company’s smaller units, including: Fox 2000 Pictures, Fox Searchlight Pictures, Fox International Pictures, Twentieth Century Fox Animation and Blue Sky Studios [1].

The company has had major success with motion pictures, including the huge hits Star Wars, Titanic, and it’s most successful in the box office yet, Avatar, released in 2009. Avatar recorded up to a gross of $749,766,139, including nine Academy Awards nominations and three wins. [23]

Top 3 Competitors [2]

The Walt Disney Studios

MGM Studios, Inc.

Columbia Tristar Motion Picture Group

Key Executives [3]

Keith Rupert Murdoch – Chairman of Board & CEO

Ricardo Crespo – Senior Vice President of Global Creative

Eduardo Echeverria – Senior Vice President of Latin America

Pam Kunick-Cohen – Senior Vice President of Twentieth Century Fox Consumer Products

Robert Marick – Executive Vice President

Brief History: The Formation of Twentieth Century Fox [5]

20th Century Fox was funded in 1935 with the merging of the Fox Film Corporation and Twentieth Century Pictures. It was co-founded by Joseph Schenck, president of United Artists, and Darryl F. Zanuck, former head of production at the Warner Bros. Studio.

Elaboration & Transformation of Company Logo after Fox Film-20th Century merged in 1935 [4]

The company separated itself from others, as the productions of The Grapes of Wrath in 1940 and How Green Was My Valley in 1941 won Academy Awards. However, by the 1950’s, movie attendance dropped, bringing film productions down as well. Consequently, studios couldn’t afford to keep contracts with directors and actors. This event of disappointment led to Zanuck leaving to Paris in 1956, striving to become an independent film producer. The company lost huge amounts of money in between the years of 1959-1962.

In 1962, Zanuck returned as president, and his film The Longest Day, released through 20th Century Fox, got an Academy Award nomination and earned enough revenue for the company to start producing again in 1963. During the 1960’s, Zanuck used the “blockbuster strategy”, consisting of releasing expensive productions. The Sound of Music, released in 1964, brought more than $79 million in revenues.

The 1980’s were hard times since many productions didn’t compensate for their production costs. However, with the entrance of Rupert Murdoch, owner of News Corporation, in 1985, the company made it to the top spot among studios, gaining more than 18% of the box-office share in 1991.

Right Here, Right Now

20th Century Fox at the Box Office

The company began the Fall of 2012 with the release of Won’t Back Down in September 28, 2012, starring Maggie Gyllenhaal and Viola Davis. However, despite its notorious casting, this movie was ranked as the worst saturated release ever, bringing only $2,603,370 in the opening weekend. The movie made a total of $5,310,554. [6]

Taken 2 Movie Poster – Courtesy of Google Images

In October 5, 2012, the awaited Taken 2, starring Liam Neeson, was released, making $49,514,769 in its opening weekend [8]. Despite all of the critics, Taken 2 was the reason the overall box office was up more than 40 percent over the same weekend last year [7]. The movie scored $361,060,485 worldwide, showing strong results for a $45 million production [8].

Following Taken 2, Chasing Mavericks, starring Gerard Butler, was released October 26th, disappointing with a $2,268,274 debut. The movie made a total domestic gross of $5,843,722, barely one-fourth of its $20 million production budget [9]. However, Hurricane Sandy could have affected this result, as it”may have suppressed business by about 10 percent.” [10]

Wreck-It Ralph Poster – Courtesy of Google Images

As the storm passes, Wreck-It Ralph came to the #1 spot in its opening weekend with $49,038,712 [11]. This movie has actually become the biggest box office ever for Disney Animations [12]. After five weeks in theaters, it still maintains itself in the top ten, recording a total domestic gross of $159,213,887 and a worldwide gross of $203,213,887 (as of December 5, 2012) [11].

Lincoln opened in limited theaters in November 9, 2012 and released worldwide November 16, recording $944,308 for the opening weekend, and $21,049,406 in its second place, getting into the box office’s top 3. Lincoln, a film produced by Steven Spielberg, remained at #3 for two weekends, including Thanksgiving weekend. As of December 5, 2012, the movie earned a total domestic gross of $87,088,719, already compensating its production costs of $65 million. [13]

Next up for 20th Century Fox was Life of Pi, released November 21, which was considered to be “tough to sell” and a “gamble” for the company [14]. This film’s production budget will definitely be hard to compensate as it cost $120 million to produce, mainly because of its unbelievable graphic effects. The movie did pretty good in the opening weekend, earning $22,451,514, and also performed fairly well during the Thanksgiving weekend in the 5th spot, behind Twilight, Skyfall, Lincoln, and Rise of The Guardians. However, it is still at half its production budget, reporting $51,676,132 in total domestic gross as of Dec. 5, 2012. [15]

Life of Pi – Movie Poster – Courtesy of Google Images

The next movie for Fox is called Parental Guidance, which was supposed to be released during the Thanksgiving weekend but will now be released December 25th, 2012. The movie has high expectancies as it has less competition during Christmas than what it would’ve had during Thanksgiving [16].

First-Quarter Earnings (Quarter ended Sept. 30) – See full News Corp. Earnings Release

Rupert Murdoch led the company to more strong results as the fiscal quarterly earnings for the first quarter, ending in September 30, 2012, reported earnings of $2.23 billion, compared with $738 million made last year. Revenue also rose in large amounts, from $7.96 billion to $8.14 billion. As for the role Twentieth Century Fox plays in this increase in earnings, filmed entertainment reported quarterly segment operating income of $400 million, $53 million higher than a year ago, when the segment operating income was $347 million. This is majorly due to the huge success Ice Age: Continental Drift had in box offices back in July. As of December 5, the $95 million film has earned a total worldwide gross of $874,920,192 [24]. Also, Fox made a licensing deal with Netflix back in May 2012, which contributed enormously to the rise in profit [17]. Through this licensing agreement, Fox classic films were distributed to Latin America. “Our alliance with Twentieth Century Fox continues to get stronger and benefit Netflix’s members across the globe,” said Jason Ropell, VP of content acquisitions at Netflix. [25]

Deals/News

August 2012

Fox to Distribute DreamWorks Animation Movies [18]

DreamWorks has decided to shift from Paramount Pictures to 20th Century Fox looking for a 5-year distribution deal. This deal will place DreamWorks’ animated titles in Fox’s animation division, Blue Sky Studios. This deal will go into effect in 2013.

DreamWorks Logo – Courtesy of Google Images

Company Perspective: “DreamWorks Animation is a great company that makes terrific films and everyone here feels privileged and honored to have been chosen to distribute their marvelous work throughout the world,” stated Fox Filmed Entertainment CEOs and Chairmen, Jim Gianopulos and Tom Rothman. “We are particularly excited to add DreamWorks Animation’s films to the strong and growing slate of movies from our outstanding Blue Sky Studios division, which is coming off another global blockbuster with Ice Age: Continental Drift, and has Epic and Rio 2in advanced production. Together we will be a dominant force in animated entertainment for years to come.” [19]

September 2012

Fox Hoped To Boost Movie Downloads By Offering Titles Ahead of Discs [20]

In order to increase movie downloads, Fox has decided to offer the option to downnload movies through Amazon, CinemaNow (Best Buy), iTunes, PlayStation, VUDU (Walmart), and Xbox, before the home video or DVR formats are available.

November 2012

Sony, Fox, and Universal Sign On For PGA’s Producers’ Mark Credit [21]

Sony Pictures, Twentieth Century Fox Film Corporation, and Universal Pictures signed on to apply the ‘Producer’s Mark’ Certification. This is a huge advancement in the industry and a step forward to protecting the right of producers and the ‘produced by’ credit.

Independence Day ‘3D’ Cancelled [22]

Independence Day (1996) – Movie Poster – Courtesy of Google Images

Plans had been made by 20th Century Fox to produce a 3D adaptation of the 1996 blockbuster, Independence Day. However, due to difficulties in reuniting the original cast, the company has decided to cancel it. The movie was due for July 2, 2013, which was perfectly timed for it to be released during the Independence weekend. This would’ve potentially help the movie top the box office during the opening weekend and gain high revenue for the company.

Coming Soon (Click to see the trailers)

Broken City

Parental Guidance

EPIC

A Good Day To Die Hard

The Heat

References

[1] News Corporation: http://www.newscorp.com/management/20film.html

[2] Hoovers: http://www.hoovers.com/company-information/cs/company-profile.Twentieth_Century_Fox_Television.ff69d030bb3d82da.html

[3] Bloomberg BusinessWeek: http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=35867

[4] Logo Images: http://www.closinglogos.com/page/20th+Century+Fox+Film+Corporation

[5] History: http://www.referenceforbusiness.com/history2/66/Twentieth-Century-Fox-Film-Corporation.html#ixzz2EFVbd3Ul

[6] Box Office Mojo – Won’t Back Down: http://www.boxofficemojo.com/movies/?page=main&id=learningtofly.htm

[7] Yahoo Movies – Taken 2: http://movies.yahoo.com/news/taken-2-blows-away-box-office-critics-50-163212681.html

[8] Box Office Mojo – Taken 2: http://www.boxofficemojo.com/movies/?id=taken2.htm

[9] Box Office Mojo – Chasing Mavericks: http://www.boxofficemojo.com/movies/?id=ofmenandmavericks.htm

[10] The Week – Hurricane Sandy: http://theweek.com/article/index/235648/6-ways-hurricane-sandy-affected-the-entertainment-world

[11] Box Office Mojo – Wreck It Ralph: http://www.boxofficemojo.com/movies/?id=rebootralph.htm

[12] Wreck It Ralph: http://www.csmonitor.com/The-Culture/Latest-News-Wires/2012/1105/Wreck-it-Ralph-Biggest-box-office-opening-ever-for-Disney-animation

[13] Box Office Mojo – Lincoln: http://www.boxofficemojo.com/movies/?id=lincoln.htm

[14] Company Town – Life of Pi: http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-life-of-pi-tough-sell-20121119,0,5088507.story

[15] Box Office Mojo – Life of Pi: http://www.boxofficemojo.com/movies/?id=lifeofpi.htm

[16] Parental Guidance: http://www.variety.com/article/VR1118052479

[17] Hollywood Reporter – Quarterly Profit: http://www.hollywoodreporter.com/news/news-corp-reports-huge-rise-387027

[18] Fox to distribute DreamWorks: http://www.businessweek.com/ap/2012-08-20/fox-to-distribute-dreamworks-animation-movies

[19] Company Perspective – DreamWorks deal: http://www.deadline.com/2012/08/exclusive-dreamworks-animation-to-fox/

[20] Movie Downloads: http://www.deadline.com/2012/09/fox-digital-hd-movie-download/

[21] Sign for PGA: http://www.deadline.com/2012/11/producers-mark-credit-program-pga-sony-fox-universal/

[22] Independence Day 3D: http://www.nme.com/filmandtv/news/independence-day-3d-cancelled/291343

[23] Box Office Mojo – Avatar: http://boxofficemojo.com/movies/?id=avatar.htm

[24] Box Office Mojo – Ice Age: http://www.boxofficemojo.com/movies/?id=iceage4.htm

[25] Netflix and Fox Licensing Agreement: http://www.hollywoodreporter.com/news/netflix-fox-agreement-latin-america-brazil-323988

Weinstein Company

Posted on September 19, 2012 by ansegal

by [Annie Segal]

“The Weinstein Company” image courtesy of Google Images

The Weinstein Company is a privately owned film company headquartered in New York City and is active in film and television production.

Connect:

Facebook: http://www.facebook.com/weinsteinco

Twitter: http://twitter.com/WeinsteinFilms

Youtube: http://www.youtube.com/user/TheWeinsteinCompany

Website: http://weinsteinco.com/

A Brief History:

Bob and Harvey Weinstein founded The Weinstein Company in October 2005 and still run the company today.

Bob and Harvey Weinstein photo courtesy of Google images

They had previously founded Miramax Film Corp. in 1979 which was associated with Disney. Bob Weinstein also founded Dimension Films in 1993 which has produced such films as Spy Kids, Scream, and Scary Movie. These companies have joined together to release films that have been critical and commercial successes. TWC’s film The King’s Speech took home the 2011 Academy Award for Best Picture. The Artist won Best Picture and Undefeated won Best Documentary Film at the 2012 Academy Awards along with six others for TWC. They also own

For The Weinstein Company’s full description click here [1]

Top Competitors:

Fox Searchlight Pictures, Inc.

Miramax Film Corp.

Sony Pictures Classics [3]

Finances:

TWC has 1.6% of the market share and is the 9th highest studio. Between January 1, 2012 and December 2, 2012 it has grossed over $162.9 million and has released 17 films. They were the 8th highest studio in 2011 with 2.9% of the market share and an annual gross of $296.1 million. TWC is a privately owned, limited liability company. It does not publicly release its annual net revenue and is not publicly traded. [2]

Movies Today:

The Weinstein Company has over 100 movie titles. Its top grossing movie of all time was The King’s Speech which grossed $135,453,143 in 2011 with Inglorious Basterds grossing $120,540,719 in 2010. TWC took home 8 Academy Awards in 2012. The Artist and Undefeated are currently sold on Blu-Ray and DVD. Their most successful film of the 2012 box office was Lawless which grossed $37,400,127. [4]

TWC currently has many new releases. Silver Linings Playbook is its current big release starring Bradley Cooper, Jennifer Lawrence, and Robert De Niro. It was directed by David O. Russell. The film is set in Philadelphia as Cooper’s character is released from a mental hospital. He quickly meets Lawrence’s character who is a young, crazy widow. They develop a relationship while training for a dance competition. [5]

Killing Them Softly is also one of their big releases. It is starring Brad Pitt. Pitt plays an enforcer hired to track down three guys who try to rob a mob protected card game. It has already grossed $8,575,010 since its November 30th release after being pushed back from its October release to be an Oscar contender.

[6]

Neither film topped the box office due to MGM‘s release of the James Bond movie Skyfall and Summit Entertainment‘s Breaking Dawn Part 2. Both grossed over $200 million.

Movies to be released:

Django Unchained is TWC’s next big release by Quentin Tarantino. It is set in 19th century America when slavery was still legal. A slave (Jamie Foxx) and a German bounty hunter (Chistroph Waltz) team up to find and rescue Foxx’s character’s wife whom Leonardo DiCaprio‘s character has captured. The film is set two years before the Civil War takes place in the American south. Django (Foxx) and Schultz (Waltz) must rescue Django’s wife from the Candyland Plantation. There is a lot of controversy around the film as it sheds light on slavery and the darkness of the Civil War era. [8]

Tarantino on the film’s controversy:

“When slave narratives are done on film, they tend to be historical with a capital H, with an arms-length quality to them. I wanted to break that history-under-glass aspect, I wanted to throw a rock through that glass and shatter it for all times, and take you into it.” [7]

The studio is also looking forward to the release of Quartet starring Maggie Smith and Michael Gambon and directed by Dustin Hoffman. Smith plays a diva who interrupts the lives of retired opera singers at a retirement home. The release date for the film is January 11th. [9]

The Los Angeles Times Review:

“Quartet” is very much a performance piece, which plays to Hoffman’s strength – as an actor he knows when to allow this excellent ensemble breathing room and when to tighten the belt.” [12]

Oscar Buzz 2013:

Silver Linings Playbook premiered at the Toronto International Film Festival to flying colors. It could have multiple Oscar nods including Best Picture, Actor, Actress, Supporting Actor, Director, and Best Adapted Screenplay. Jennifer Lawrence snagged most of the buzz for Best Supporting Actress. Winning at age 22 could make her the youngest woman to win Best Actress. Robert De Niro could also get his first Oscar in over 20 years.

Killing Them Softly could also be an Oscar contender. Harvey Weinstein originally pushed the release date from October 19, 2012 to November so it would be good competition come Oscar season.

The Master, a period drama, has already generated many awards for best film and best actors/actresses. It stars Joaquin Phoenix as a naval veteran unsure of his future. [11]

“The Master” photo courtesy of google images

TWC has acquired the The Butler. “”The Butler” focuses on Eugene Allen (played by Academy Award winner Forrest Whitaker), a service worker at the White House through eight administrations. Oprah Winfrey plays Allen’s wife, while actors John Cusack, Alan Rickman, Robin Williams and James Marsden portray, respectively, former U.S. presidents Richard Nixon, Ronald Reagan, Dwight D. Eisenhower and John F. Kennedy.” [10]. Although filming has not yet been finished, there is much Oscar buzz around this story.

Weinstein on director Lee Daniels:

“Lee tells stories in a way no one else does. What struck me most about this story is the perspective it comes from, which in this case is the butler- a man who was a fly on the wall for decades in the world’s most powerful home. It takes an unbelievable cast like the one that’s in place to do this story justice, and we are proud to be given the chance to share this story with the world.” [13]

TWC in 2012:

December 4, 2012: Weinstein Co. To Produce Short Films Series With Lexus.

November 6, 2012: ‘Any Day Now’ and ‘Quartet’ share Audience Choice Award

October 18, 2012: A Wonderful ‘Silver Linings Playbook’ to open Philadelphia Film Festival

July 27, 2012: Paul Thomas Anderson’s ‘Master’ moved to Sept. 14 and ‘Killing Them Softly’ to Oct. 19.

May 7, 2012: Weinstein Co. picks up rights to Dustin Hoffman’s ‘Quartet’.

April 6, 2012: PG-13 Rating Granted for ‘BULLY’ by MPAA without crucial cutting scene.

January, 2012: ‘The Reader’ Author Bernard Schlink sues Weinstein Co. Over Movie Profits.

January 11, 2012: ‘The Artist’ takes top honors at Globes.

Sources:

[1] The Weinstein Company http://weinsteinco.com/

[2] Box Office Mojo http://www.boxofficemojo.com/studio/?view=company&view2=yearly&yr=2012&p=.htm

[3] Yahoo Business http://biz.yahoo.com/ic/148/148445.html

[4] Box Office Mojo http://www.boxofficemojo.com/studio/chart/?view2=release&view=company&studio=weinsteincompany.htm

[5] Youtube http://www.youtube.com/watch?v=Lj5_FhLaaQQ

[6] Indiewire.com http://www.indiewire.com/static/dims4/INDIEWIRE/d47855e/4102462740/thumbnail/680×478/http://d1oi7t5trwfj5d.cloudfront.net/ac/5d1410ed6011e1baf122000a1d0930/file/KILLING-THEM-SOFTLY-POSTER-header.jpg

[7] The Guardian http://www.guardian.co.uk/film/2012/dec/07/quentin-tarantino-slavery-django-unchained

[8] Fandango http://www.fandango.com/djangounchained_v538627/plotsummary

[9] IMDB http://www.imdb.com/title/tt1441951/

[10] Huffington Post http://www.huffingtonpost.com/2012/09/24/the-butler-the-weinstein-company_n_1910462.html

[11] ScreenInvasion.com http://screeninvasion.com/2012/09/oscar-watching-all-about-the-weinstein-company/#.UMI-92k-uPc

[12] LA Times http://www.latimes.com/entertainment/movies/moviesnow/la-et-mn-quartet-review20121205,0,729016.story

[13] Deadline.com http://www.deadline.com/2012/09/weinstein-company-acquires-lee-daniels-the-butler/

Warner Bros. Pictures

Posted on September 19, 2012 by mcrile01

by Michele Riley

Warner Bros. logo courtesy of The Hollywood Reporter

Warner Bros. Entertainment, Inc. is a global company leading in the creation, production, distribution, licensing, and marketing of all forms of film, television, and music entertainment.

Warner Bros. is a subsidiary of Time Warner. Its headquarters are located in Burbank, California and New York.

Subsidiaries of Warner Bros Entertainment, Inc. include: Warner Bros. Studios, Warner Bros. Pictures, Warner Bros. Interactive Entertainment, Warner Bros. Television, Warner Bros. Animation, Warner Home Video, New Line Cinema, TheWB.com, DC Entertainment, and half of the CW Television Network.

Key People:

Barry Meyer: Chairman and CEO

Jeff Robinov: President and COO

Edward A. Romano: Vice President and Chief Financial Officer

Brief History/Overview

Warner brothers, Albert, Sam, Harry, and Jack, founded the Warner Bros. company on April 4, 1923. The company made an impression in the entertainment world by releasing the first ever synchronized-sound feature film “The Jazz Singer” in 1927. From then on, Warner Bros. became known as a leader in film and one of the top studios in Hollywood. In addition to being a leader in the creation of contemporary relevant films, the company introduced the first “four-legged star”, modernized the movie musical, and established the gangster-picture era. [1]

In 1937, “The Life of Emile Zola” won Warner Bros. their first Oscar for Best Picture, a huge accomplishment for the company. Throughout the 40s, 50s, and 60s Warner Bros. Pictures continued to create notable films. [2]

Warner Bros. has merged and changed owners many times throughout its years. In 1967, it was sold to Elliot and Ken Hyman and was renamed Warner Bros.-Seven Arts. Steve Ross and his Kinney Corporation purchased the company in 1969, renaming it Warner Communications, Inc. Not until the 1990s was the company merged with Time Inc. to become Time Warner Inc. The new company thrived in the 1990s. Its pictures broke records, was critically raved around the world, and was nominated for and won many Academy Awards. Barry Meyer and Alan Horn took over Warner Bros in 1999 beginning a new era of profitability for the Studio.[1]

For Warner Bros. Entertainment Inc.’s full history click here

For a list of Warner Bros. Films click here

Recent News

The Warner Bros. lawsuit against the heirs of the co-creator of Superman has been settled as of October 2012. Warner Bros. has been in a court battle against the heirs of Joseph Shuster, co-creator of Superman, since 2003. In 1938 Shuster had assigned DC Comics “the exclusive right to the use of the [Superman] characters and story.” The heirs of Shuster presented Warner Bros. with a termination notice in 2003. In May 2010, Warner Bros. filed a lawsuit asking the court to declare the heirs’ termination notice invalid. They claimed that “the heirs had given up any termination rights as the result of a 1992 contract they signed with DC Comics.” [3]

According to The Wall Street Journal, the decision to the May 2012 lawsuit has finally been settled. The court ordered that the family of Joseph Shuster doesn’t have the right to terminate a copyright grant covering Superman.

This comes as a huge relief and victory to Warner Bros. Entertainment who is currently in the process of producing “Man of Steel” set to release in 2013. [3]

Another Warner Bros. film that has been getting a lot of attention recently is the James Bond film, “Skyfall,” released November 6, 2012. As of November 11th the film had earned $518.6 million worldwide, including $428.6 million internationally. The 23rd installment is certain to surpass the $586.1 million earned by “Quantum of Solace” and the $594.2 million earned by “Casino Royale.” “Skyfall” did exceptionally well in IMAX theaters. It took in $13.1 million during it’s debut, which is the highest debut in a non-summer opening. [4]

Warner Bros’ film, “The Hobbit: An Unexpected Journey,” has been in the headlines a lot over the past month. On November 28, 2012, The Hollywood Reporter wrote that 27 animals died on the set. It has been reported that three horses, six goats, six sheep and a dozen chickens died at a ranch they were housed at during the New Zealand shoot. Director Peter Jackson and Warner Bros. studios deny mistreatment. PETA has called for CGI creations to replace live animals in films. [5]

Despite the backlash, thousands of New Zealanders attended the red carpet event of the world premiere in New Zealand. Important officials and dozens of stars showed up for the premiere. Among them was New Zealand Prime Minister John Key who said, “New Zealand took a risk investing in ‘The Hobbit.'” and “it’s paid off.” There are screenings in the films higher frame rate taking place throughout New Zealand and prompting strong ticket demand and sell outs. The film is set to release in the U.S. December 14, 2012. [6]

Warner Bros’ “Argo“, released October 12, 2012, has surpassed $100 million at the box office as of December 2, according to The Wall

“Argo” official poster, courtesy of “The Hollywood Reporter”

Street Journal’s “Market Watch.” Argo is one of the best reviewed films of the year. Dan Fellman, Warner Bros. Pictures President of Domestic Distribution, has said, “‘Argo’ is one of those rare cinematic achievements that has been equally and enthusiastically embraced by both critics and audiences.” [7]

In addition to releasing new movies, Warner Bros. has been making important business deals this fall. On November 15, Entertainment Weekly reported Warner Bros. signed a 20-picture deal with IMAX. Warner Bros. will release 20 films in IMAX over the next three years. [8]

On November 26, 2012, Warner Bros. extended its relationship with Village Roadshow Pictures Group through 2017, securing $1.125 billion to fund multiple projects, including “Mad Max: Fury Road,” with Charlize Theron, and “All You Need Is Kill” with Tom Cruise. [9]

Financials

Warner Bros. Entertainment is publicly traded as Time Warner, or TWX on the New York Stock Exchange. In January, 2012 their revenue was $36.33 billion. At the end of the year, December, 2012 their revenue is $46.57 billion. The percent change this year is 29%. [10] These numbers are for Time Warner as a whole. To get a better picture of what the Warner Bros. Entertainment revenue looks like, we can look at the financials from last year. The net U.S. revenue for “movies, TV production, and video games” in 2011 was $6,483 million. Though this still includes TV production and video games, the number is closer to what the movie revenue alone would look like. [11]

Future Projects

“The Great Gatsby” is perhaps the most talked about upcoming 2013 film. There has been a huge outpour of excitement from anticipating audiences. Based off of Scott F. Fitzgerald’s classic and beloved novel, The Great Gatsby, production is a long time coming. The film is set to release in May is directed by Baz Luhrmann and stars Leonardo DiCaprio, Tobey Maguire, and Carey Mulligan. The trailer has heightened excitement throughout the country, revealing the film’s modern yet classic feel, a juxtaposition that is intriguing the masses. [12]

“The Great Gatsby” official trailer, courtesy of “TheHollywoodBird” on YouTube

Warner Bros. is set to release, in co-production with Village Roadshow Pictures, “Gangster Squad,” January 2013. The film is a period crime drama film that has been highly promoted by Warner Bros. this year. The film stars Josh Brolin, Ryan Gosling, Nick Nolte, Emma Stone, and Sean Penn.

“The Hangover Part III” hasn’t been promoted as much as some of Warner Bros’ other upcoming 2013 releases. However, being part of the popular “Hangover” series, the film is sure to bring in a large audience. It will be the final film of the series, scheduled to release in May.

“Man of Steel,” a Superman film, is set to release in June 2013. The film will be a reboot of the film series. It will portray the origin story of Superman. Henry Cavill, playing Superman, said that the movie is intended to bring Superman into “the modern world” so that “everyone can associate” with him. [13]

References

[1] Warner Bros. (2011). Company History. Retrieved from http://www.warnerbros.com/studio/about/company-history.html

[2] Wikipedia. (2012, Dec 5). List of Warner Bros. Films. Retrieved from http://en.wikipedia.org/wiki/List_of_Warner_Bros._films

[3] Orden, E. (2012 October). Judge Rules for Warner Bros. in Superman Case. Retriever fromThe Wall Street Journal.

[4] McClintock, P. (2012, Nov 11). Box Office Report: “Skyfall” Nabs Top Bond Opening in North America With &87.8 Million. Retrieved from The Hollywood Reporter.

[5] Daunt, T. (2012, Nov 28). What The Hobbit’s 27 Animal Deaths Mean for Movies. Retrieved from The Hollywood Reporter.

[6] Bulbeck, P. (2012, Nov 28). “The Hobbit” World Premiere in New Zealand Draws Stars, Thousands of Fans, Rave Reviews. Retrieved from The Hollywood Reporter.

[7] Market Watch. (2012, Dec 2). Warner Bros. Pictures’ Acclaimed Hit “Argo” Strikes Box Office Gold, Surpassing $100 Million. Retrieved from The Wall Street Journal: Market Watch.

[8] Labrecque, J. (2012, Nov 15). Warner Bros. Signs 20-Picture Deal with IMAX. Retrieved from Entertainment Weekly.

[9] Bond, P. (2012, Nov 26). Warner Bros. Extends $1 Billion-Plus Village Roadshow Deal Through 2017. Retrieved from The Hollywood Reporter.

[10] Google Finance. (2012, Dec 7). Time Warner Inc. Retrieved from http://www.google.com/finance?q=NYSE%3ATWX&ei=axnCUIDGPILl0QHyUA

[11] Advertising Age. (2012, Oct 1). Time Warner. Retrieved from http://adage.com/datacenter/mediatrees2012/#138

[12] Zakarin, J. (2012, May 22). ‘The Great Gatsby’ Trailer Presents Leonardo DiCaprio and Empty Grandeur in 3D. Retrieved from The Hollywood Reporter.

[13] Kit, B. (2012, July 14). Comic-Con 2012″ ‘Man of Steel’ Footage So Good It Makes Fans Cry. Retrieved from The Hollywood Reporter.

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