Tag Archives: Jennifer Lawrence

20th Century Fox (film)

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20th Century Fox logo

20th Century Fox Logo [1]

10201 W Pico Boulevard
Los Angeles, CA 90064
310-FOX-INFO
http://www.foxmovies.com/

History

20th Century Fox is one of the six biggest film studios in America and is owned by 21st Century Fox Corporation. The company has released a number of successful films including The Sound of Music, Star Wars, Die Hard, Ice Age, and X-Men. They also distributed the two highest-grossing films of all-time, Avatar and Titanic. [1]

Avatar movie poster

Avatar movie poster [1]

20th Century Fox was founded in 1935 when Fox Films, owned by William Fox, merged with Twentieth Century Pictures. Joe Schenck took on the role of chief executive while Darryl F. Zanuck became the head of production. The company enjoyed success after the release of The Sound of Music in 1965 and Star Wars in 1977. In 1981, Marc Rich and Marvin Davis took over the company, who then sold it to News Corp., Rupert Murdoch’s company, in 1985. In 2013, News Corporation split into two companies. News Corporation became the publishing arm of the company while 21st Century Fox became its own television/film company. 20th Century Fox came under this company. [2]

Executives

Jim Gianopulos, Chairman and CEO

Jim Gianopulos, Chairman and CEO [3]

Emma Watts, Production President

Emma Watts, Production President [4]

Finances

This past February, 21st Century Fox released their second quarter earnings report for October to December of 2015 and reported revenues of $7.38 billion. Although this was a decrease of 1% ($49 million) from the prior year, this was partially offset by the success of The Martian, which had grossed over $600 million in worldwide box office by December 31, 2016. The Martian continued to grow and ended with $630 million in worldwide box office revenue with its close date on March 17, 2016. Films released during this quarter that carried over at the box office into 2016 were The Revenant, Joy, Alvin and the Chipmunks: The Road Chip, and The Peanuts Movie. [5] [6]

Going into 2016, 20th Century Fox saw strong box office revenues. The Revenant debuted with $38 million at the domestic box office that weekend. This was an unexpectedly strong open. The film was only predicted to open to less than $25 million. The revenue that opening weekend brought them close to Star Wars: The Force Awakens, grossing at $41.6 million its fourth weekend in theaters. [7] The Peanuts Movie also finished strong with worldwide revenues reaching $246 billion. [8] Another hit for 20th Century Fox at the box office was Kung Fu Panda 3, which has grossed $504 million worldwide since its release in January. [9]

On April 25, 2016, 21st Century Fox share prices were listed at $31.00. This is up from $22.50 on February 9th when share prices fell by as much as 4%. This was likely due to the earnings report released on this day, which predicted that profits would fall due to the strong dollar [5]. Since then, share prices have seen a steady increase and are predicted to continue to rise. The third quarter fiscal report for 21st Century Fox will be released on May 4, 2016. [10]

Awards Season

Alejandro G. Iñárritu and Leonardo DiCaprio win three Golden Globe Awards for The Revenant

Alejandro G. Iñárritu and Leonardo DiCaprio win three Golden Globe Awards for The Revenant [11]

20th Century Fox studio releases did well during the 2016 awards season. At the Golden Globes, Jennifer Lawrence won best actress in a Comedy or Musical for Joy. The Martian won Best Motion Picture for a Comedy or Musical and Matt Damon also won best actor for his role in the film. The Revenant took home the Best Motion Picture award for a Drama. Leonardo DiCaprio and Alejandro G. Iñárritu won best actor and best director, respectively. [12]

At The Academy Awards, The Revenant counted twelve nominations, the most of any film nominated. Leonardo DiCaprio won his first Oscar for Best Actor. The Revenant also won Best Cinematography and Directing. [13] The nominations and wins resulted in a boost of box office revenue for those films that were still in theaters, particularly The Revenant, that’s ticket sales increased more than 80 percent after The Academy Award nominees were announced. Between the announced nominations and Oscar Night, The Revenant brought in $113 million. The film closed with a total of $523 million worldwide. [14]

The New Superhero

20th Century Fox’s current film in theaters is Deadpool. The film stars Ryan Reynolds and was directed by Tim Miller. Deadpool is Marvel’s new R-Rated superhero movie that features a former Special Forces operative with accelerated healing powers and an attitude problem. [15]

Deadpool has broken records since its release on February 12, 2016. It became 20th Century Fox’s largest opening ever with $132.4 million. It also had the largest opening weekend ever for an R-rated film and the biggest opening day in February with $47.5 million. [16] So far, the film has grossed a total of $760 million thus far and is approaching its eleventh week in theaters. [17] Deadpool has been a game changer for the superhero genre. As one of the first high-budget R-rated superhero films in recent years (alongside Watchmen and Kick-Ass), there was high-risk for 20th Century Fox in the box office. But the film was widely received and praised for its snarky humor, romance, and characters rather than big-budget action scenes. [18] Following this success, 20th Century Fox will likely make Wolverine 3 R-rated. The film’s current release date is March 3rd, 2017. [19]

20th Century Fox has already confirmed Deadpool 2 for production. Tim Miller and Ryan Reynolds will return for the sequel as well as the creative team. The film is said to mimic the original in tone, keeping the same snarky humor and attitude. The film is currently rumored for release in 2017. [20]

Coming Soon

Independence Day: Resurgence Poster

Independence Day: Resurgence movie poster [23]

This summer, 20th Century Fox is releasing four films. X-Men: Apocalypse will open on May 27, 2016 as the ninth installment in the X-Men series with Bryan Singer as director and a host of famous cast members. To market the film, 20th Century Fox released an X-Men Movies app as well as an “Apocalypse timeline” on their website. [21]

Independence Day: Resurgence, the sequel to the highly acclaimed Independence Day, will open on June 24, 2016 starring Liam Hemsworth and Jeff Goldblum. Ice Age: Collision Course and Mike and Dave Need Wedding Dates are also set to release in July. [22]

Sources

[1] Foxmovies.com. 20th Century Fox. Retrieved April 23, 2016.
[2] 20th Century Fox Film Corporation. Encyclopedia Britannica. Retrieved April 23, 2016.
[3] Yamato, Jen. (May 16, 2014). Fox’s Jim Gianopulos Delivers USC Film Commencement Speech; Marvel’s Kevin Feige Celebrates Rejection: Transcript. Deadline. Retrieved April 26, 2016.
[4] Fleming, Mike Jr. (August 14, 2014). Fox’s Emma Watts Re-Ups For Three Years After Robust Summer. Deadline. Retrieved April 26, 2016.
[5] Earnings Release for the Quarter Ended December 31, 2015. (February 8, 2016). 21st Century Fox. Retrieved April 24, 2016.
[6] The Martian. Box Office Mojo. Retrieved April 24, 2016.
[7] Fritz, Ben. (January 11, 2016). ‘The Revenant’ has surprisingly strong box-office debut. MarketWatch. Retrieved April 24, 2016.
[8] The Peanuts Movie. Box Office Mojo. Retrieved April 25, 2016.
[9] Kung Fu Panda 3. Box Office Mojo. Retrieved April 25, 2016.
[10] Twenty-First Century Fox, Inc. CI A. MarketWatch. Retrieved April 25, 2016.
[11] Robehmed, Natalie. (January 11, 2016).‘The Revenant’ Wins Best Picture At The 2016 Golden Globe Awards. Forbes. Retrieved April 25, 2016.
[12] Sharf, Zack. (February 24, 2016). The Indiewire 2015-16 Awards Season Winners Guide. The Indiewire. Retrieved April 25, 2016.
[13] Donnelly, Jim. (February 29, 2016). Oscar Winners 2016: See The Complete List. The Oscars. Retrieved April 25, 2016.
[14] Brueggemann, Tom. (March 11, 2016). Oscar Box Office Winners and Losers 2016. Indiewire. Retrieved April 26, 2016.
[15] Deadpool. Internet Movie Database. Retrieved April 26, 2016.
[16] Garreffa, Anthony. (February 17, 2016). Deadpool becomes largest opening ever for 20th Century Fox. TweakTown. Retrieved April 26, 2016.
[17] Deadpool. Box Office Mojo. Retrieved April 26, 2016.
[18] VanDerWerff, Todd. (February 15, 2016). Deadpool’s box office unexpectedly broke records. Here’s what Hollywood should learn from it. Vox. Retrieved April 26, 2016.
[19] Siegal, Jacob. (February 16, 2016). Deadpool’s success could lead to an ‘R’ rating for Wolverine 3. BGR. Retrieved April 26, 2016.
[20] Mccarthy, Tyler and Rebecka Schumann. (April 4, 2016). ‘Deadpool 2’ Confirmed By 20th Century Fox; Director And Creative Team Returning. International Business Times. Retrieved April 26, 2016.
[21] X-MEN: Apocalypse (2016). 20th Century Fox. Retrieved April 26, 2016.
[22] Coming Soon. 20th Century Fox. Retrieved April 26, 2016.
[23] Perry, Spencer. (March 8, 2016). The Aliens are Back in New Independence Day: Resurgence International Poster. ComingSoon.net. Retrieved April 26, 2016.

Columbia Pictures

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by Javier Vélez

Columbia Pictures

Columbia Logo

Courtesy of fortune.com (a)

Contact Information: (b)

Address: 10202 W. Washington Blvd.

Culver City, CA 90232

Phone: 310-244-4000

http://www.sonypictures.com/

 Key Executives: (c)

Doug Belgrad [6]

Doug Belgrad (President)

image retrieved from the Hollywood Reporter

Hannah Minghella (President of Production)

 

 About Columbia Pictures:

Rita Hayworth       Courtesy of: Fanpop.com

The production studio known today as Columbia Pictures was founded in 1918 by Joe Brandt and brothers Jack and Harry Cohn. Originally named Cohn-Brandt-Cohn Film Sales, the company became Columbia Pictures in 1924. During the Hollywood Golden Age, Columbia had many stars of the era under contract, such as Rita Hayworth and William Holden, and became a major player in the movie business thanks to the productions of director Frank Capra.(d) In 1982, the company was bought by Coca-Cola, and in 1989 Sony purchased it for $3.4 billion.(e) Columbia Pictures is currently the film production and distribution division of Sony Picture’s Columbia TriStar Motion Picture Group, part of Sony Pictures Entertainment, a Sony subsidiary.(f) The most recent movement at the executive level occurred on July 16, 2014, when Doug Belgrad was promoted to president of the Sony Motion Picture Group. (g)                    

Financials:

Columbia Pictures, and its parent company Sony Pictures Entertainment, are privately traded.(h) The company has had notable releases in the last few years, including box office successes such as Skyfall and the Spider-Man franchise. From its 853 films produced or distributed for Sony Pictures, Columbia Pictures releases have grossed $31,650,056,784, an average of $37 million per film.(i) In 2014, Columbia Pictures has held a 13.0% market share as of November 23.(j)

The Amazing Spider-Man                 Courtesy of Boxofficemojo.com

Columbia Pictures Success:

At the 2014 Oscars, films distributed by Columbia Pictures received 16 nominations. American Hustle received 10 nominations, including Best Picture, Best Actor and Actress in a Leading Role, and Best Director.  It won two Oscars, Jennifer Lawrence for Best Supporting Actress and David O. Russell & Eric Warren Singer for Best Original Screenplay. (k)

American Hustle poster                                                                 Courtesy of: Forbes.com

The other Columbia release that received Oscar Nominations was Captain Phillips. Of the six nominations received, the most noteworthy were for Best Picture and Best Actor in a Supporting Role for first-time actor Barkhad Abdi. The film did not win any Academy Awards.

The stars of Captain Phillips, Tom Hanks and Barkhad Abdi             Courtesy of aceshowbiz.com

 Columbia Pictures Presents:

Columbia Pictures has produced and/or distributed 17 films in 2014. Between superhero films, action films, and comedies, among others, the studio has released some of the most well-received films of the year by audiences.

During the summer, Columbia Pictures produced the sequel to 2012’s The Amazing Spider-Man, “The Amazing Spider-Man 2”, starring Andrew Garfield, Emma Stone, and Jamie Foxx. The movie was released on May 2, 2014 in 4,324 theaters, grossing $110,700,722 in its first week. It went on to have a successful run in theaters, grossing over $200 million domestically and over $505 million in foreign markets, for a worldwide gross of $708, 983, 323 against a budget of $200 million. (l) In China, the movie was released in 11,002 theaters, a record amount of screens. (m) The film was not as big a hit with critics, receiving mixed reviews. (n)

Teaser Poster for The Amazing Spider-Man 2                           Courtesy of: Boxofficemojo.com

Another high-profile release in the summer of 2014 was 22 Jump Street, the sequel to 2012’s critical and commercial hit, 21 Jump Street. The movie, which pokes fun at conventional sequels, starred the buddy cop team of Jonah Hill and Channing Tatum as they move on from high school to college.

It was released on June 13, 2014, and went on to gross $191 million domestically, making up its $50 million budget. Internationally, the film made $131 million, for a total worldwide gross of $331 million. It was also well-received by critics, obtaining a 84% Certified Fresh rating on Rotten Tomatoes. (o) (p)

Now Playing:

The Equalizer poster                  Courtesy of: IMDB.com

After the summer blockbuster season, Columbia Pictures has released two films that have been well-received by audiences. The first is “The Equalizer”, an action film directed by Antoine Fuqua and starring Denzel Washington as a retired government official who must save an innocent girl from Russian gangsters. The film was released on September 26, 2014. (q) It is adapted from a TV series of the same name that aired on CBS from 1985 to 1989. (r) This is Fuqua’s and Denzel’s first film together since Training Day, for which Denzel won an Academy Award for Best Actor. The film opened its box office run with a $45 million gross its first week, opening in first place. It went on to gross $99 million domestically and $90 million in international sales, for a worldwide gross of around $190 million against a budget of $55 million. (s) The film received mixed-to-positive reviews. (t)

The other film Columbia has released in the fall is “Fury”, a World War II tank movie starring Brad Pitt, Shia LaBeouf, and Logan Lerman, written and directed by David Ayer. The movie deals with a tank unit behind enemy lines during the latter stages of the war and presents, with unflinching reality, the brutalities of war. (u) The film was released on October 17, 2014 and opened in first place at the box office with a $33 million gross its first week. “Fury” is still in theaters, and as of November 28, 2014 has grossed approximately $81 million domestically and $74 million globally, good for a total gross of $155 million against a budget of $68 million. For the week of November 21-27, the film’s sixth week, “Fury” was still in the top 10 highest grossing films of the week. (v) (w) The film has been well-received by critics, holding a 78% “Certified Fresh” Rotten Tomatoes rating. (x)

Future:

Annie (2014) poster           Courtesy of: IMDB.com

Columbia Pictures plans to take advantage of the holiday season, distributing two films. The first is a modern re-telling of the musical “Annie”,produced by Jay-Z and starring Jamie Foxx and Quvenzhané Wallis. The movie will be released on December 19, 2014. The comedy-musical will look to appeal to a broad audience. (y)

Another film being distributed in December by Columbia Pictures is the comedy “The Interview”. The controversial film (z) stars James Franco and Seth Rogen as a TV presenter and his producer, respectively, who are sent to North Korea to kill Kim Jong-un. The film will be released on December 25, 2014, and will look to appeal to mature audiences on Christmas Day. (aa)

Movies to be distributed and/or produced by Columbia Pictures in the following years include a Neill Blomkamp film titled Chappie, an Angry Birds movie, and spin-offs of the Amazing Spider-Man franchise. (bb) Also in production is the next installment in the Bond franchise, with the working title of Bond 24. The film will once again be helmed by “Skyfall” director Sam Mendes and will star Daniel Craig as the titular 007 agent and Christoph Waltz as a Bond villain. It is yet to be seen how production of these and other Columbia Pictures and Sony Pictures films will be altered by the November 24, 2014  hacks on their worldwide computer networks. Recent releases like “Fury” and soon-to-be-released features like “Annie” were leaked by this attack. (cc) (dd) 

 Sources:

Lionsgate Entertainment

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by Naomi Pinkus

lionsgatelogo

Lionsgate Company Logo [1]

Contact Information:

Address: 2700 Colorado Ave Ste 200
Santa Monica, CA, 90404 United States

Phone Number: (310) 449-9200

Website: http://www.lionsgate.com

About Lionsgate:

Lionsgate Entertainment was founded in 1997 by financier Frank Giestra. In 2000 Giestra stepped down as CEO, and the current CEO, John Feltheimer, took charge along with the current Vice Chairman Michael Burns [2]. For a while, Lionsgate was seen as a small studio known for their Tyler Perry comedies and horror flicks such as Saw [3]. Then, in 2012, The Hunger Games came to theaters, and become one of the most successful film franchises in history. Since then, Lionsgate bought Summit Entertainment (Twilight series) and has been speeding up to the major film studios in record time [3]. This particular wiki will focus on Lionsgate’s motion picture production line of business, as it is also involved in television programming, home entertainment, distribution, and new channel platforms [2].

Key Executives:

Chief Executive Officer

John Feltheimer, Chief Executive Officer [4]

Vice Chairman

Michael Burns, Vice Chairman [5]

 

 

 

 

 

 

 

Since starting in 2000, Feltheimer and Burns have grown Lionsgate from an $80 million company to a nearly $4 billion one today. Lionsgate’s revenue has increased more than 15 times over [4].

Financials:

Lionsgate reported as of September 30th (when the quester ended) their revenue has increased by 11% to $552.9 million. They also had an adjusted EBITDA of $59.0 million. They also had an adjusted net income of $33.0 million or $0.24 adjusted basic net income per share. Additionally, they had a net income of $20.8 million or $0.15 basic net income per share, which is up from $0.00 basic net income per share last quarter [6].

Big Releases:

Hunger Games: Mockingjay Part 1:

In this portion of the story, Katniss is in District 13 as the face of the rebellion, while trying to save Peeta from the Capitol.

In this portion of the story, Katniss is in District 13 as the face of the rebellion, while trying to save Peeta from the Capitol [8].

The third movie in the Hunger Game’s franchise which made over $1.5 billion in the box office before this new release [7].  The Hunger Games is by far Lionsgate’s most well-known and lucrative project. This third film came out November 21st, and has spent its two weeks of release being number one in the box office [9]. With a budget of $125 million, it has already made $225 million in the domestic market and $480 in the international market [9]. This franchise is also responsible for the Jennifer Lawrence’s rise to one of the top A-List stars in Hollywood.

 

 

 

 

johnwick_poster

John Wick is the story of an ex-hitman who comes out of retirement to hunt the gangsters who took everything from him [10].

John Wick:

With the reintroduction of Keanu Reeves, John Wick did surprisingly well as number 2 in the box office opening weekend. With a budget of $20 billion, Lionsgate gained $42 million domestically and $17 million internationally [11].

 

 

 

 

 

 

 Smaller Film Releases:

addicted_poster

Addicted is a thriller that encompasses a story about a gallerist engaging in an affair, which jeopardizes her family and career [12].

ghosts_poster

Jessabelle is the story of a girl who returns to her hometown after a car crash, where she’s met with a dark spirit who won’t let her go [14].

Addicted came out on October 10, 2014 and made $17 million. It was in approximately 1,000 theaters for only about 7 weeks [13].

Jessabelle is a horror film that came out on November 7th, 2014. As of now, there is no information on the budget, earnings, or number of theaters of this film [15].

Dear White People is a story about four black people struggling with race at a university.

Dear White People is a story about four black people struggling with race at a university [16].

MV5BMTQ4NTkxOTEyMl5BMl5BanBnXkFtZTgwOTI1NzcwMzE@-1._V1_SY317_CR0,0,214,317_AL_

The Homesman is the story of a man and  woman who must transport 3 insane women across the country [18].

Dear White People was released on October 17th and has made about $4 million domestically (it was not released in the international market) [17].

The Homesman came out on November 21st. The film had an estimated budget of $16 millions and has only made $200,000 in the box office thus far [19].

 

 

 

 

Upcoming Releases:

Mortdecai:

Starring Johnny Depp, Gwenyth Paltrow, Ewan McGregor, and Olivia Munn, Mortdecai is sure to be a success. It is set to be released on January 23rd. The story is an action-comedy who’s premise is an art dealer is given a job to hunt down an art thief and faces an adventure across the world [20]. CEO Feltheimer compares this film to The Pink Panther and considers Depp’s character very “franchisable” [21]. The movie’s release was moved from early February so as to reduce the competition: now it is pinned up against Jennifer Lopez’s thriller The Boy Next Door [22]. 

Insurgent:

Perhaps the biggest grossing project next to The Hunger Games is the Divergent franchise. Insurgent, the second film of the trilogy, sets to be released to theaters on March 20th [23]. Divergent, the first film, made about $288 million worldwide last spring [24]. This film is estimated to be even more successful because the lead, Shailene Woodley, has escalated in fame since Divergent’s release through the film Fault in Our Stars [25]. Also interesting is the fact that Lionsgate has released a trailer that is a dream of the lead Tris (Woodley)- which has been commented on by news outlets as a risky way to promote the film, especially since they leave out the romance element of the film [25]. Insurgent will also be released in 3D.

The Age of Adeline:

Starring Blake Lively, The Age of Adeline tells a story about a woman who cannot age. It is set to be released on April 24th [26]. This is the first big movie Lively will lead in, so it’s a potentially big opportunity to draw fans in [27].

Spare Parts:

Spare parts is the story of four under-privledged hispanic boys starting a robotics club. It is set to hit theaters on January 16th and is starring George Lopez and Jamie Lee Curtis [28]. This film was a move by Lionsgate to reach out to and widen their Hispanic market. The Hispanic market is the fastest growing demographic in America, comprising 19% of U.S. box office revenue while representing 17.5% of the population [29].

Current Business Ventures:

Lionsgate has been extremely busy in the last few months expanding their company. The way they are doing this is by partnering up with many major companies to add projects to their plate and widen their distribution for the films they already had.

On September 3rd, Lionsgate announced that joined with Entertainment One, they would be renewing their multi-year film agreement in Canada, Australia, and Spain. This renewal will continue to distribute their major movies across the world, giving their company more recognition and money [30].

The last few months have been heavily focused on advertising and marketing The Hunger Games. On October 8th, Lionsgate partnered with Doritos, Mazda, and Whole Food’s, all of which sponsored a new app called “Our Leader, the Mockingjay” [31]. On October 20th, Lionsgate sent out a press release with the partnership between them and Google, where they created a five episode YouTube series about characters in Panem (the setting of The Hunger Games) [32]. Then on November 7th it was announced that Lionsgate would be partnering with Imagine Nations to produce The Hunger Games as a theater production in the UK [33].

As of November 13th, Lionsgate has partnered with CBS Films on up to 12 wide-release films. In this agreement CBS finds and produces the films while Lionsgate deals with distribution. This will allow each company to benefit from each other’s strengths [34].

There are many other examples of Lionsgate using any film success they’ve had to branch out into new media channels. It seems as though they are going to continue moving full speed ahead on their business ventures.

 Sources:

[1] Lionsgate Company Logo, Deadline.com, RT 2/5/13

[2] Lionsgate Company Overview, lionsgate.com, RT 12/1/14

[3] Lionsgate Fighting the System, businessinsider.com, RT 1/24/14

[4] CEO Jon Feltheimer, Lionsgate.com, RT 8/17/13

[5] Vice Chairman Michael Burns, Lionsgate.com, RT 8/17/13

[6] Financial Report, lionsgate.com, RT 11/30/14

[7] Google and Lionsgate Team Up, lionsgate.com, RT 10/20/14

[8] Hunger Games: Mockingjay Part 1, Imbd.com, RT 11/21/14

[9] Hunger Hames: Mockingjay Part 1, boxofficemojo.com, RT 11/30/14

[10] John Wick, imbd.com, RT 11/30/14

[11] John Wick, boxofficemojo.com, RT 11/30/14

[12] Addicted, imbd.com, RT 11/30/14

[13] Addicted, boxofficemojo.com, RT 11/30/14

[14] Jessabelle, imdb.com, RT 11/7/2014

[15] Jessabelle, boxofficemojo.com, RT 11/30/2014

[16] Dear White People, imdb.com, RT 11/30/14

[17] Dear White People, boxofficemojo.com, RT 11/30/14

[18] The Homesman, imdb.com, RT 11/30/14

[19] The Homesman, boxofficemojo.com, RT 11/30/14

[20] Mortdecai, lionsgate.com, RT 11/30/14

[21] Johnny Depp’s New Franchise, thewrap.com, RT 11/30/14

[22] Mortdecai to Hit Theaters Early, hollywoodreporter.com, RT 11/30/14

[23] Insurgent, lionsgate.com, RT 11/30/14

[24] Divergent, boxofficemojo.com, RT 11/30/14

[25] Insurgent Trailer, forbes.com, RT 11/30/14

[26] Age of Adeline, lionsgate.com, RT 11/30/14

[27] Blake Lively, usatoday.com, RT 11/30/14

[28] Spare Parts, lionsgate.com, RT 11/30/14

[29] George Lopez, variety.com, RT 11/30/14

[30] Entertainment One, lionsgate.com, RT 9/3/14

[31] Our Leader, The Mockingjay, lionsgate.com, RT 10/8/14

[32] Google, lionsgate.com, RT 10/20/14

[33] Theater Production, lionsgate.com, RT 11/7/14

[34] CBS Films, lionsgate.com, RT 11/13/14

 

 

Lionsgate Entertainment

Posted on by
Photo courtesy of: [1] www.hollywoodreporter.com

website: http://www.lionsgate.com/

Company Headquarters: 2700 Colorado Ave., Ste. 200
Santa Monica, CA 90404

Brief History:

Photo courtesy of: [3] theatlatlanticwire.com

Lions Gate Entertainment Corporation was formed on July 3, 1997 in Vancouver, British Columbia by Frank Giustra, a former investment banker. After its initial formation, it began a series of acquisitions of minor film studios in order to establish itself in the film industry. On January 13, 2012, Lionsgate announced that it had purchased Summit Entertainment, the producers and distributors of The Twilight Saga for $412.5 million [4]. This merger had been planned for 4 years. As of now, LGE is responsible for the distribution of the major franchises of The Hunger Games, Twilight, and more recently, Ender’s Game.

Photo courtesy of: [5] www.thehungergamesexplorer.com/us/

Key Executives:

Lions Gate CEO
Photo courtesy of: [2] lionsgate.com

Jon Feltheimer: Feltheimer has been the Chief Executive Officer of Lionsgate since March 2000. Before he joined Lionsgate, Feltheimer spent nine years at Sony Pictures Entertainment as head of the Columbia TriStar Television Group as well as heading Sony Entertainment Television.

Photo Courtesy of [2] lionsgate.com

Michael Burns: Burns has been on the Lionsgate Board of Directors since 1999. In March of 2000, Burns became Vice Chairman of Lionsgate. Before joining the Lionsgate team, Burns had a background in investment banking.

Photo courtesy of lionsgate.com

Photo courtesy of [2] lionsgate.com

Steve Beeks: Beeks responsibilities include corporate and administrative matters. Under Beek’s strategic direction, 2012 has been the film division’s best year ever, earning over $1.2 billion domestically and over $2.5 billion internationally [26]

Quick Financials:

During its Second Quarter, Lionsgate reported a net income of $25.4 million. Revenue of the second quarter declined by 29% in comparison to the prior year’s corresponding quarter, most likely because of the timing of The Hunger Games home entertainment release [6].

Recent Past:

In the past six months, Lionsgate has become a favorite of Wall Street investors due to sleeper-hit films like Now You See Me and Instructions Not Included [7].

Photo courtesy of: [8] magazine.topman.com

Now You See Me, a film directed by Louis Leterrier and starring Jesse Eisenberg, Morgan Freeman, and Isla Fisher centers around a group of magicians who use illusions and slights of hand to pull off a bank robbery. The film was a surprise hit, earning $117,723,989 at the domestic box office and $234,000,000 internationally totaling to a $351,723,989 worldwide gross with a $75 million budget [8]. Critics’ reviews were mixed. Recently, a sequel for Now You See Me was confirmed [9].

Photo courtesy of: [10] imdb.com

Instructions Not Included is a film co-written, directed by, and starring Eugenio Derbez that shattered box office records by being the highest-grossing Spanish-language film released in the U.S. of all time [11]. As of now, it has domestically grossed $44,239,362, with a worldwide gross of $85,317,913. Considering its estimated budget is $5 million, the profit for Lions Gate with this release has well-exceeded its expectations [12]. The success of Instructions Not Included has been attributed to Derbez’s star power in Mexico; he stars in a telenova as well as a variety show [13].

Photo Courtesy of: [14] atomicsam.com

Ender’s Game, a sci-fi fantasy film based off of the popular young-adult novel by Orson Scott Card, however, failed to become the big box office draw that Lions Gate and its subsidiary, Summit Entertainment, had hoped. The film centered on a young protagonist named Ender Wiggin who is recruited by the military to attend a military academy in outer space to be trained to defend against a genocidal alien race that previously almost annihilated the human race. Controversy surrounded this movie due to the beliefs of the author of the novel, who is vocally against gay rights as well as a member of the Church of Latter-Day Saints [15]. The film grossed $53,593,921 domestically and $9,137,000 internationally, and grossed a total of  $62,730,921. Its budget was $110 million [16].

Photo courtesy of: [25] thehollywoodreporter.com

In other news not directly related to their film releases, James Keegan, who was Lions Gate’s Chief Financial Officer, retired on October 1st. Keegan was with the company for 25 years. However, Keegan will remain a consultant until January 3, 2014 to assist in the transition. Keegan was succeeded by James W. Barge, Viacom’s previous Chief Financial Officer since 2010 [17].

Next for Lions Gate:

Lionsgate has multiple projects in the works at the moment, with most of their content skewing to the younger-demographic that they seem to draw in so well.

Photo Courtesy of: latino-review.com

Photo Courtesy of: [27] latino-review.com

The most-anticipated event on the near horizon is the release of The Hunger Games: Catching Fire, sequel to the 2012 film The Hunger Games. Set to release on November 22, 2013, it is already conservatively estimated that the movie will earn between $140 and $150 million at the box office [18]. If this were to happen, it would break records, becoming the highest-grossing November release (the previous title-holder being The Twilight Saga: New Moon, with $142 million [19]). 

On a conference call on November 8th regarding the studio’s quarterly earnings, Lionsgate CEO Jon Feltheimer stated that the studio was exploring the possibility of getting into the theme park business. The hypothetical theme park would be based around the blockbuster “Hunger Games” franchise. The studio has already been approached about the possibility of a theme park in two territories. No further details were given [20].

Photo courtesy of: buzzsugar.com

Photo courtesy of: [29] buzzsugar.com

Another highly anticipated film that Lions Gate is involved in that is also based off a successful young adult book series is Divergent, a sci-fi film directed by Neil Burger and starring Shailene Woodley. Divergent is set in a futuristic, dystopic America where people are divided into five factions based on their personalities. The story follows Beatrice “Tris” Prior whose personality does not fit into any of the five categories. The film also stars Kate Winslet and Zoe Kravitz. As of now, the release date is March 21, 2014 [21].

Photo courtesy of: [22] www.hypable.com

In addition to the release of the Hunger Games: Catching Fire, Lionsgate is also looking forward to the release of Hercules: The Legend Begins under its Summit label, directed by Renny Harlin, and starring Kellan Lutz. This movie will trace the origins of Hercules from when he is “betrayed by his king, sold into slavery and fighting for his freedom to return to his true love” [23]. Lions Gate moved the premiere date of Hercules: The Legend Begins up to January 10 so it will not have to directly compete with Paramount’s Hercules, starring Dwayne “The Rock” Johnson [24].

Hercules

Photo Courtesy of: [28] moviepilot.de

Sources:

[1] “Lionsgate Pacts with Codeblack CEO Jeff Clanagan”. Hollywood Reporter.
RT: 11/17/13

[2] Lionsgate Governance RT: 11/17/13

[3] “Lionsgate Near a Deal to Buy Summit, Studio Behind ‘Twilight’ Movies, for $700 Million”. The Wire. RT: 11/18/13

[4] “It’s Official: Lionsgate Has Acquired Summit Entertainment for $412.5 Million”. comingsoon.net. RT: 11/18/13

[5] The Hunger Games Explorer RT: 11/18/13

[6] Lionsgate Second Quarter Fiscal Report 2014 RT: 11/17/13

[7] “Lionsgate Stock Jumps on Success From Sleeper Hits”. Variety. RT: 11/18/13

[8] “The Hunger Games (2012)”. Box Office Mojo. RT: 11/18/13

[9] “Now You See Me Gets a Sequel”. Den of Geek! RT: 11/18/13

[10] “Instructions Not Included (2013)”. IMDB. RT: 11/18/13

[11] Lionsgate Second Quarter Fiscal Report 2014. RT: 11/18/13

[12] “Instructions Not Included (2013)”. Box Office Mojo. RT: 11/18/13

[13] “Hollywood Gets ‘Instructions’ From Latino Audiences”. Variety. RT: 11/18/13

[14] “Over Thinking: Is it OK To See Ender’s Game?”. atomicsam.com. RT: 11/19/13

[15] “Orson Scott Card’s anti-gay views haunt ‘Ender’s Game’ Premiere”. LA Times. RT: 11/19/13

[16] “Ender’s Game (2013)”. Box Office Mojo. RT: 11/18/13

[17] “Longtime Lionsgate CFO James Keegan to Retire”. The Hollywood Reporter. RT: 11/18/13

[18] “‘Hunger Games: Catching Fire’ on Track for Mega $150 Million-Plus Debut”. Variety. RT: 11/18/13

[19] “‘Hunger Games: Catching Fire’ on Track for Mega $150 Million-Plus Debut”. Variety. RT: 11/18/13

[20] “‘Hunger Games’ Theme Parks Could Be Coming”. Variety. RT: 11/18/13

[21] “‘Divergent’ Movie First Look!”. hypable.com. RT: 11/18/13

[22] “‘Divergent’ Movie First Look!”. hypable.com. RT: 11/18/13

[23] “‘Hercules’ Battle Starting Jan. 10 as Lionsgate Moves Epic Forward”. Variety. RT: 11/18/13

[24] “Hercules’ Battle Starting Jan. 10 as Lionsgate Moves Epic Forward”. Variety. RT: 11/18/13

[25] “Longtime Lionsgate CFO James Keegan to Retire”. The Hollywood Reporter. RT: 11/18/13

[26] Steve Beeks Profile. RT: 11/19/13

[27] “‘The Hunger Game: Catching Fire’ UK Poster”. latino-review.com. RT: 11/19/13

[28] “Erster Trailer für Hercules – The Legend Begins – Bild 2 von 2”. www.moviepilot.de. RT: 11/19/13

[29] “Watch All Our Interviews With the Divergent Cast”. buzzsugar.com. RT: 11/19/13

 

 

 

 

By Andrea Reindl

Lionsgate Entertainment

Posted on by 
By Simon Staples-Vangel

-Courtesy of Destructoid

BREIF HISTORY

Lionsgate Films is a film production and distribution company and is a division of the Lionsgate Entertainment Corporation. Originally known as Cinépix Film Properties, the name was changed to Lionsgate Films in 1998. The founder, Frank Guistra, stepped down two years later in 2000 and was replaced by Jon Feltheimer, formerly of Sony Pictures, who remains the Chief Executive Officer today. Lionsgate’s first film to be successful at the box office was American Psycho, in 2000. For a long time their biggest success was Michael Moore’s Fahrenheit 9/11, which was recently surpassed by the company’s lucrative franchise, The Hunger Games. [1] [2]

KEY EXECUTIVES

-Courtesy of Lionsgate

-Courtesy of Lionsgate

Jon Feltheimer — CEO

-Courtesy of Lionsgate

-Courtesy of Lionsgate

Michael Burns — Vice Chairman

9279968d36e42b3277a34e8f2678113f

-Courtesy of Lionsgate

Steve Beeks — Co-Chief Operating Officer – President, Motion Picture Group [4]

FINANCIALS

Lionsgate reported their 2013 (although actually fiscal 2014) second quarter revenue to be $498.7 million, with an adjusted net income of $25.4 million, a pure profit of $500,000 and $84.9 million in free cash flow.  This is a drop from the previous year, as the same quarter in 2012 saw Lionsgate’s revenue hit $707 million. However, last year’s second quarter saw the release of The Hunger Games on DVD and Blu-ray Disc, as well as three wide feature film releases. This year saw only two wide film releases, as the next installment in the Hunger Games series, The Hunger Games: Catching Fire is coming this November, and the rest of the films will follow that pattern for the next few years. Thus, many would say that Lionsgate’s 2013 second quarter earnings were actually better than expected. They were able to make a profit without their major releases and thus are in a position to be very successful during the third quarter and the holiday film season. [5] [6] [7]

RECENT FILMS

Instructions Not Included

-Courtesy of IMDB

Lionsgate released Instructions Not Included on August 30th, 2013. The film is a Spanish language film, directed and starred in by Mexican television and occasional film actor, Eugenio Derbez. It is a comedy/drama about a single dad whose life becomes complicated by the resurfacing of his daughter’s birth mother. It became the highest grossing Spanish language film ever released in the U.S. Made only for $5 million, the film grossed a total of over $85 million worldwide. The film made $44 million in the U.S. and $41 million internationally. It’s limited opening weekend, August 30th, grossed over $7 million, while it’s  wide release on September 6th earned over $8 million. The film was able to stay on the box office charts for several weeks. Although critical reviews have been mixed, the film has clearly found success in Spanish language audiences, both in the U.S. and internationally, making it a big box office win for Lionsgate. [8] [9] [10] [11]

Ender’s Game

Courtesy of Collider

Ender’s Game, which was released by Lionsgate in the U.S. on November 1st, 2013. The film, based on the novel of the same name, is a science fiction and action film about a child who enrolls in a military school because he is widely believed to be the last chance for mankind to defend themselves from the inevitable alien invasion. The film stars well known child actor Asa Butterfield in the title role and the even more well known Harrison Ford as the lead support. The film was able to rake in $27 million domestically on opening weekend, however it quickly lost steam. Reviews have been mixed, with still many very positive, and while Ender’s Game has been able to gross a total over $63 million overall, it’s budget of $110 million means that it really lost quite a bit of money. Fortunately for Lionsgate, not all is lost, as the coming months will see the release of the company’s most lucrative franchise right in time for the holiday season… [12] [13] [14]

 THE MAJOR UPCOMING RELEASE!

The Hunger Games: Catching Fire

-Courtesy of Latino Review

Lionsgate’s The Hunger Games: Catching Fire, is the sequal to the previous The Hunger Games, released last year, and is also based on the acclaimed novel series. Due to be released on November 22nd, 2013, in the U.S., the film stars last year’s Academy Award winner for Best Actress (albeit not for The Hunger Games), Jennifer Lawrence, alongside the well known Chris Hemsworth, who previously had a small role in the Lionsgate film, The Expendables 2. The film is expecting to be very successful, with some estimating it to gross nearly $400 million worldwide. This would surpass the $325 million earned by the original and would put Lionsgate in position to be one of, if not the biggest winners, of the winter holiday film season. The film benefits from the existing audience from the original novel series, as well as the significant star power of the cast. This isn’t limited to Lawrence and Hemsworth, as Woody Harrelson, Donald Sutherland, and Stanley Tucci, among others, help round out the cast.

-Courtesy of The Washington Post

Furthermore, Lionsgate’s effective marketing campaign for the film consists of the multifaceted website, The Hunger Games Explorer. The site combines many elements of marketing, including social media posts about the film, a reward based competition, traditional fan forums, and official releases such as new trailers or clips. The site can even be used to buy tickets to the film, as it links to ticketing websites such as Fandango. The all encompassing site is an effective design to engage fans of the film and novel series, and even to spark interests from those who are only casually interested. While Lionsgate has also gone for traditional ways of promoting the film, the website shows a forward-thinking marketing strategy, as it allows the company to group together all of its content and social media buzz in one place, while still allowing for traditional fan interactions in fan forums and discussion boards that science-fiction and action fans have typically been drawn to online. The site is the first result if you search “The Hunger Games” on multiple search engines, including Google. [15] [16] [17] [18]

OTHER FUTURE RELEASES

Obviously, The Hunger Games franchise isn’t over yet, as Lionsgate plans for each film to keep its annual November release date, up until The Hunger Games: Mockingjay Part 2 in 2015. Furthermore, Lionsgate has purchased the U.S. distribution rights for Hercules: The Legend Begins, which they plan to release in 2014 before and in competition with Paramount’s Hercules, starring Dwayne “The Rock” Johnson. A risky move, but it shows that the company has a plan beyond its annual Hunger Games releases and they are clearly continuing to make a profit, becoming arguably the most successful “mini-major” studio to date. [19] [20]

SOURCES

[1] — Lionsgate Corporate

[2] — Funding Universe: Lionsgate Company History

[3] — Forbes: The Smart Money Behind The Hunger Games 

[4] — Lionsgate Corporate Management Page

[5] — Lionsgate Press Release

[6] — Hollywood Reporter: Lionsgate Quarterly Earnings

[7] — Deadline: Hunger Games DVD/Blu-ray Sales

[8] — Lionsgate Films: Instructions Not Included

[9] — Deadline: Instructions Not Included Box Office

[10] — IMDB: Instructions Not Included

[11] — Box Office Mojo: Instructions Not Included

[12] — Fool.com Box Office Weekend: THOR, Ender’s Game

[13] — Box Office Mojo: Ender’s Game

[14] — IMDB: Ender’s Game

[15] — IMDB: The Hunger Games: Catching Fire

[16] — Digital Spy: Hunger Games: Catching Fire Predicted Gross

[17] — The Hunger Games Explorer Website

[18] — Digital Spy: Hunger Games Explorer

[19] — Variety: Lionsgate To Compete With Paramount’s Hercules

[20] — LA Times: Hunger Games Release Dates

Columbia Pictures

Posted on by 
By Lily Terzis
Columbia Pictures Logo

(1) Columbia Pictures Logo, featuring a woman carrying a torch, representing Columbia, who is a personification of the United States.

Headquarters
10202 W. Washington Blvd.
Culver City, CA
90232

Contact Information
Phone: 310-244-4000
URL: sonypictures.com

Key Executives

Robert Osher, Chief Operating Officer of Columbia Pictures

Robert Osher, Chief Operating Officer of Columbia Pictures (3)

Doug Belgrad

Doug Belgrad, President of Columbia Pictures (2)

 

About the Company

Columbia Pictures is a production and distribution company founded in 1924 by Jack Cohn, Harry Cohn, and Joe Brandt. It is currently owned by Sony Pictures Entertainment, operating as part of Sony’s Columbia TriStar Motion Picture Group, through which Sony produces most of its big budget movies. Considered one of the leading film studios in the world, Columbia Pictures is one of Hollywood’s “Big Six”, distributing over 22 films yearly in the United States alone. Columbia TriStar Motion Picture Group operations are located in six other countries: Columbia Pictures Producciones Espanolas in Madrid; Columbia Pictures Producciones Mexico in Mexico City; Columbia Pictures Film Production Asia in Hong Kong; and others in the United Kingdom, Brazil, and Japan (16).

Top Competitors

Warner Brothers Entertainment Inc (6)
Walt Disney Studios (6)
Twentieth Century Fox Film Corporation (6)

History

Frank Capra

(4) Frank Capra, a well known director for Columbia Pictures

During the Golden Age of of Hollywood, Columbia Pictures was considered one of the ‘Little Three’. Much of their earlier success can be accredited to director Frank Capra, who created Columbia’s first all “talkie” feature, titled “The Donovan Affair”. His film ‘It Happened One Night’ earned Columbia their first Best Picture Academy Award and brought the studio to fame. In the mid ’40’s, Columbia released their highest-grossing movie ever, “The Jolson Story”. This earned them another Best Picture award as well as marked the beginning of their most profitable decade (5).
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TriStar Logo

Columbia Pictures joined with HBO and CBS to form TriStar Pictures in 1985 (7)

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In 1982, Columbia was bought by Coca Cola. This was a lucrative time for the company as they expanded into other forms of entertainment, such as home video. Three years later, Columbia joined with HBO and CBS to make the first new motion picture studio in decades, TriStar Pictures. This major studio was the had the fastest growth in the history of the film industry.

Sony Corporation purchased Columbia Pictures in 1989 for $3.2 billion (5). This purchase was unprecedented, and was, at that time, the largest acquisition by a Japanese company. Columbia Pictures has been gaining success ever since.

            Finances

Columbia Pictures does not make its finances known to the public. It is not a publicly traded company, its parent company Sony, is traded under the name SNE at $18.51 a share. Columbia and Sony Pictures together have grossed $1,065.8 million this year alone, and control 11.4% of the market share (21). They are currently ranked as the number 4 studio by Box Office Mojo, just under Buena Vista.

Recent Releases

Captain Phillips (2013) Poster

Movie Poster for “Captain Phillips” (8)

Captain Phillips
MPAA Rating: PG-13
Release Date: October 11, 2013
Production Budget: $55 Million

“Captain Phillips” is a true story about an American cargo ship that was hijacked by Somali pirates and was a hugely successful film, its widest release in 3,143 theaters. Despite the competitively successful “Gravity” released at a similar time, the film is doing very well. So far, it has grossed over $97,820,373 domestically, which is much more than its budget. Its opening weekend, it was ranked number 2 at the box office (9).

You can find the trailer for this film HERE
.

Elysium Movie Poster

Poster for the movie “Elysium” (11)

Elysium
MPAA Rating: R
Release Date: August 9, 2013
Production Budget: $115 Million

“Elysium” is a film about the future, where the wealthy live on a space ship and the poor must live on the destroyed earth. The main character’s mission is to create equality. The film’s domestic total gross so far is $92,947,675, but its foreign gross is $192,007,963. Its widest release was to 3,284 theaters and ranked number 1 its opening weekend (10).

You can find the trailer for this film HERE
.

Movie Poster for “Cloudy with a Chance of Meatballs” (20)

Cloudy With a Chance of Meatballs 2 
MPAA Rating: PG
Release Date: September 27, 2013
Production Budget: $78 million

“Cloudy with a Chance of Meatballs 2” is an animated movie for children. It features the voices of some celebrities, like Anna Faris, Andy Samburg, and Neil Patrick Harris. This was a highly successful film for Columbia, grossing $34,017, 930 domestically its opening weekend in 4,001 theaters. It was immediately ranked number 1 at the box office. So far, the film has made almost double its budget, grossing $113,125,418 domestically as of November 18th (19).

You can find the trailer for this film HERE.

Upcoming Releases

American Hustle (2013) Poster

Movie poster for “American Hustle” (12)

American Hustle
MPAA Rating: Not yet rated
Release Date: December 13, 2013

“American Hustle” is about a con man and his partner, a British woman, who are forced to work for the FBI. This film is expected to do well at the box office. It has a lot of star power, as the cast is made up of Jennifer Lawrence, Bradley Cooper, Louis CK, and Christian Bale (12). This film is generating a lot of buzz as it is soon to show at its first film festival, the Dubai International Film Festival, or DIFF.
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You can find the trailer for this film HERE.

The Amazing Spider-Man 2 (2014) Poster

Movie Poster for “The Amazing Spider-Man” (13)

The Amazing Spider-Man 2
MPAA Rating: Not yet rated
Release Date: May 2, 2014

“The Amazing Spider-Man 2” is starring Emma Stone, Andrew Garfield, and Jamie Foxx. It is being produced by Matthew Tolmach, who is a previous  co-president of Columbia Pictures (14). Columbia Pictures has had a huge amount of success with the Spider-man franchise. Working with Marvel, Columbia also plans to release an IMAX 3D version (15).

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Recent News

In 2012, Sony released that it had made over $4 billion worldwide, mostly in part to Columbia’s successful films, including “Skyfall“, “The Amazing Spider-Man“, “21 Jump Street“, “Men in Black 3“, and “Hotel Transylvania“. The Columbia TriStar Motion Picture Group now has a motion picture library with over 3,500 titles with 12 Best Picture Academy Awards. Currently, Columbia plans to continue creating big budget box office hits and gaining large profits for Sony Pictures Entertainment. In the upcoming 2014-2015 year, the studio plans to create some sequels to their previously successful films, such as “Bad Teacher 2“, “Hotel Transylvania 2” and “22 Jump Street” (16). Columbia is also looking to produce some Oscar contenders, like “Annie“, a modern telling of the classic musical. It is set to be released in 2014, and stars Quvenzhane Wallis who was nominated for an Oscar for her acting in “Beasts of the Southern Wild” (17).

Recently, Columbia’s parent company Sony has not been doing so well. This year, they were ranked fourth in domestic box-office sales, and gained a revenue of $1.13 billion, which is down 32% from last year. They are undergoing many changes, especially after some box office flops like “White House Down” and “After Earth” (18). They are reportedly reviewing their process for how movies are selected and are looking to cut costs.

Sources

[1] Columbia Pictures Logo
[2] Doug Belgrad
[3] Robert Osher
[4] Frank Capra
[5] History of the studio
[6] Top Competitors
[7] TriStar Logo
[8] Image for Captain Phillips
[9] Movie info Captain Phillips
[10] Elysium info
[11] Elysium Poster
[12] American Hustle Poster and Info
[13] Amazing Spiderman Poster
[14] Spiderman Producer
[15] Spiderman Info
[16] Columbia TriStar Motion Picture Group
[17] Annie
[18] Sony Finances
[19] Cloudy Chance of Meatballs Info
[20] Cloudy Chance of Meatballs Poster
[21] Financial Information Columbia and Sony

The Weinstein Company

Posted on by 
by Maggie Applegate
This photo is courtesy of Google Images

This photo is courtesy of Google Images.

Address: 345 Hudson Street, 13th Floor, New York, NY 10014

Telephone: (646) 862-3400 [1]

A Brief Overview

This photo is courtesy of Google Images

This photo is courtesy of Google Images.

In October of 2005, The Weinstein Company, was launched by Harvey Weinstein and Bob Weinstein. The Weinstein Company (TWC) is a privately owned multimedia production and distribution company. These famous brothers are known for founding Miramax Films in 1979. Although Miramax was previously owned by Disney, TWC retained partial ownership as part of a joint venture with an investor group called Filmyard Holding. The company also encompasses Dimension Films, which was founded by Bob Weinstein in 1993. Despite the company’s young age, it has released films that have gained both commercial and critical success. TWC won the Academy Award for Best Picture in 2011 with The King’s Speech and then again in 2012 for The Artist. [2] [3] [4]

Social Media Outlets

Facebook Twitter Tumblr YouTube

Key Executives [1]

  • Rob Weisbach – President and Chief Executive Officer
  • Harvey Weinstein – Co-Founder and Co-Chairman
  • Bob Weinstein – Co-Founder and Co-Chairman
  • David Glasser – Chief Operating Officer
  • Dylan Sellers – President of Production and Acquisitions
  • Meryl Poster – President of Television

 The 85th Annual Academy Awards

This photo is courtesy of USAtoday.net

This photo is courtesy of USAtoday.net

On Thursday, January 10, 2013, Seth MacFarlane and Emma Stone announced the 85th Academy Award Nominees. The Weinstein Company was pleased that two of their releases from 2012, Django Unchained and Silver Linings Playbook were both nominated for Best Picture. Although The Master was not nominated for Best Picture, Joaquin Phoenix, Phillip Seymour Hoffman and Amy Adams were all nominated for their acting. TWC was lucky enough to receive nominations in all the major categories. Other nominees included:

  • Bradley Cooper – Leading Actor  for Silver Linings Playbook
  • Jennifer Lawrence – Leading Actress for Silver Linings Playbook
  • Robert De Niro – Supporting Actor for Silver Linings Playbook
  • Christoph Waltz – Supporting Actor for Django Unchained
  • Jacki Weaver – Supporting Actress for Silver Linings Playbook

David O. Russell was nominated for Best Director for Silver Linings Playbook as well as for Best Adapted Screenplay whereas Quentin Tarantino did not receive a directing nod, but was nominated for the original screenplay of Django Unchained. [5] [6]

This photo is courtesy of Google Images.

This photo is courtesy of Google Images.

This photo is courtesy of Google Images.

This photo is courtesy of Google Images.

Silver Linings Playbook, starring Bradley Cooper and Jennifer Lawrence, was released in theaters on December 25, 2012. The film centers around a man named Pat (Cooper) who suffers from a mental health disorder. After spending time in a psychiatric ward, Pat returns home to live with his parents, played by Robert De Niro and Jacki Weaver. As Pat strives to cope with his illness as well as the aftermath of his divorce, he is introduced to the vivacious Tiffany (played by Lawrence). The two come to discover that they are just what the other needs in order to pick up and move forward with their lives.  [7]

Although Django Unchained was a nominee for Best Picture, Silver Linings Playbook was looked at as more of a contender for taking home the most sought after award in Hollywood. Harvey Weinstein began to push “the only horse” he had left in the race as The Oscars approached. [8]

 The Oscars ceremony was on Sunday, February 24, 2013, and as it turns out neither Silver Linings Playbook nor Django Unchained took home the big award of Best Picture as they were beat out by Ben Affleck’s Argo. However, both films ended up taking home big Best Actressawards. Jennifer Lawrence received the Best Actress award. Despite what Weinstein may have expected, Django took home more awards than Silver Linings as Christoph Waltz nabbed his second Academy Award, as did Quentin Tarantino. The Master proved to be the biggest disappointment for TWC, as it did not bring home a single award. [9] [10] [11] [12] [13] [14]

Financials

The results of The Academy Awards surely helped The Weinstein Company at the box office. Silver Linings Playbook did significantly well for The Weinstein Company as it has grossed a total of $226,209,283 worldwide. However Django Unchained once again outdid the company’s rom-com, as the twisted Tarantino film generated $416,545,000 worldwide. Despite The Master‘s critical acclaim, it has only generated $28,258,060 of worldwide revenue. According to IndieWire, The Weinstein Company has grossed a domestic total of $282.4 million so far this year. That is nearly thirty million more than the company generated in the entire year of 2012. [15] [16] [17] [18]

This photo is courtesy of boxofficemojo.com as of April 8, 2013.

This photo is courtesy of boxofficemojo.com as of April 8, 2013.

Now Playing

Quartet, Dark Skies, Escape From Planet Earth, and The Sapphires have all been released in the past three months and already they are performing fairly well for the company. Quartet is directed by Dustin Hoffman and is a small film that was released in accordance with BBC Films.  Dark Skies is a low budget horror film and The Sapphires is an Australian comedy. [19] [20] [21] [22] [23]

This photo is courtesy of Google Images.

This photo is courtesy of Google Images.

Of these four new releases, Escape From Planet Earth had the largest budget and is the only animated film. As of April 7, 2013, the film had made over $54 million in domestic sales alone, surpassing its production budget. [24]

Coming Soon

This photo is courtesy of Deadline.com.

This photo is courtesy of Deadline.com.

Although The Oscars was an important day for the company’s 2012 releases, it was also an important day for future releases. According to Deadline, Harvey Weinstein closed two large business deals on Oscar Sunday, obtaining the distribution rights of Grace of Monaco and Salinger. Grace of Monaco is set to be released on December 27, 2013. It is a biopic following the life of Grace Kelly and will star Academy Award winner, Nicole Kidman. TWC has acquired the domestic rights to the film. Salinger is a documentary about the life of famous author, J.D. Salinger. The film will spotlight Phillip Seymour Hoffman (previously feature in a TWC production) and will be released September 6, 2013. [25] [26] [27]

After the nominations that The Weinstein Company had this Oscar season, it should be of no surprise that Deadline recently released information that the company is closing a deal to distribute a film starring Christoph Waltz and Amy Adams, both of whom received

This photo is courtesy of imdb.com.

This photo is courtesy of imdb.com.

2013 Academy Award Nominations. The film is entitled Big Eyes and will be directed by Tim Burton. Because the film is set to begin production this summer, it may not be until 2014 that viewers can expect to see the film in theaters. The Weinstein Company appears to have no intention of slowing down, an impressive feat for a company that hasn’t even been around for a decade. [28]

 

 

References

1. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=21943957

2. http://weinsteinco.com

3. http://weinsteinco.com/about-us/

4. http://articles.latimes.com/2010/jul/30/business/la-fi-ct-miramax-20100730

5. http://www.huffingtonpost.com/2013/01/10/oscars-nominations-2013_n_2435207.html

6. http://www.themasterfilm.com/

7. http://www.youtube.com/watch?v=Lj5_FhLaaQQ

8. http://www.guardian.co.uk/film/2013/feb/21/harvey-weinstein-oscars-2013

9. http://oscar.go.com/

10. http://articles.latimes.com/2013/feb/24/entertainment/la-et-mn-oscars-2013-academy-awards-20130224

11. http://abcnews.go.com/Entertainment/oscar-winners-2013-full-list/story?id=18570339#.UWJdvxnNf8h

12. http://www.youtube.com/watch?v=WDU7zLAd2-U

13. https://www.youtube.com/watch?v=mq2YFFzwtno

14. http://www.imdb.com/name/nm0000233/awards

15. http://boxofficemojo.com/movies/?id=silverliningsplaybook.htm

16. http://boxofficemojo.com/movies/?id=djangounchained.htm

17. http://boxofficemojo.com/movies/?id=themaster.htm

18. http://www.indiewire.com/article/box-office-quarterly-the-winners-and-losers-of-an-underwhelming-2013-so-far

19. http://www.youtube.com/watch?v=wSEnh8Hi62E

20. https://www.youtube.com/watch?v=wQs3SwCQ15U

21. https://www.youtube.com/watch?v=Q1NhAUsyslk

22. https://www.youtube.com/watch?v=6Ljho1cyEfg

23. http://boxofficemojo.com/movies/?id=darkskies.htm

24. http://boxofficemojo.com/movies/?id=escapefromplanetearth.htm

25. http://www.deadline.com/2013/03/toldja-the-weinstein-company-finds-oscar-candidate-in-grace-of-monaco-december-27-limited-release-set/

26. http://www.imdb.com/title/tt2095649/

27. http://www.imdb.com/title/tt1596753/

28. http://www.deadline.com/tag/the-weinstein-company/