Paramount Pictures

Paramount-Pictures-Logo

Paramount’s Logo
Courtesy: jennielsen.com

Paramount Pictures
5555 Melrose Ave, Los Angeles, CA 90038
(323) 956-8398

Paramount Pictures is the fifth oldest film studio in America. It is a Viacom company, and with over 1,000 titles and numerous awards, it continues to produce entertaining, lucrative, and successful content. Divisions within Paramount include Paramount Vantage, Paramount Home Entertainment, Paramount Digital Entertainment, Paramount Pictures International, Paramount Licensing Inc, Paramount Studio Group, Worldwide Television Distribution, Paramount Famous Production, and Paramount Parks and Resorts [10].

Brad Grey, C.E.O. and chairman of Paramount Pictures, has held his positions since 2005.

Brad Grey, C.E.O, Chairman, Paramount Pictures

Brad Grey, C.E.O., Chairman, Paramount Pictures
Courtesy: hollywoodreporter.com

After succeeding Sherry Lansing, Grey is responsible for 8 of Paramount’s top 10 highest grossing films of all time, including the Transformers series, Star Trek, Iron Man 1 & 2, Shrek the Third, and Indiana Jones and the Kingdom of the Crystal Skull.

Paramount takes advantage of its rich historical value and prime location. It is the last remaining studio in the Hollywood neighborhood of Los Angeles.The studio hosts tours and many events within the studio. It is a major tourist destination in Los Angeles. An intimate tour of the studio leaves a visitor with a sense of the 100 year Hollywood history Paramount has to offer. Visiting offers opportunity to see where some of the most celebrated films and TV shows of all time were produced [4].

Paramount Studios

Paramount Studios
Courtesy: flickr

HERE AND NOW

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G.I. Joe: Retaliation Film Poster
Courtesy: collider.com

Paramount is notorious for their highly grossing blockbuster films. Currently sitting at the top of the box office is Paramount Picture’s G.I. Joe: Retaliation. This science-fiction action, starring Dwayne Johnson, Bruce Willis, and Channing Tatum, has already grossed $86.4M [8]. Despite the criticisms of the movie from fans and authors on websites such as rottentomato.com, the studio has still benefited from a lucrative return on their mediocre sequel to G.I. Joe: The Rise of Cobra. Scott Mendelson, a box office pundit and film market analyst, describes Paramount’s success:

Paramount did a few very smart things during the production of this Jon Chu-helmed sequel. In fact, other than the fact that it’s not a very good movie (arguably the hardest variable to plan on, natch), Paramount Pictures and MGM’s handling of G.I. Joe: Retaliation may be a primer on how to successfully launch a tentpole film in today’s marketplace [3].

Paramount held off on the release of the movie, which was planned to go into theaters in June 2012. Fast forward 9 months to March 2013, add in increased 3D ticket prices with Paramount’s decision to adapt the film to 3D, and G.I. Joe: Retaliation has pulled in $233M and counting worldwide. Because the international market went for the 3D option, the decision to wait 9 months to convert the movie into 3D really paid off [3].

"The Rock," Dwayne Johnson

“The Rock,” Dwayne Johnson
Courtesy: businessinsider.com

The success can also be attributed to the films’s low budget and the decision not to reshoot parts of the film. With $233M made on worldwide sales, Paramount has already begun profiting heavily from the movie. Increasing its moderate $130M budget would not have made it an exponentially more entertaining film, according to Mendelson [8][3]. By sticking to its budget, appropriating 9 months for the transition to 3D, and refraining from taking exessive reshoots during post production, this mediocre sequel translated into a lucrative worldwide film.

JUST AROUND THE BEND

Upcoming on Paramount’s agenda is the release of some huge titles. Star Trek Into the Darkness is set to release on May 17 [10]. This sequel is being directed and produced by J.J Abrams, the man who previously produced and directed the recent 2009 Star Trek.

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Star Trek Into the Darkness Film Poster
Courtesy: taylormarsh.com

There are high expectations for this Paramount Picture franchise. Because Star Trek is such a storied franchise, fanatics are concerned about the anagonist’s role as well as overall expectations for the film. Benedict Cumberbatch, the man purportedly playing the role of “Khan,” speaks to these concerns [7]:

“That way madness lies… I think that’s the thing, isn’t it? If you have an over preoccupation with perception and trying to please people’s expectations, then you can go mad. We’ve got J.J. Abrams, and he’s already beautifully cracked that nut in the first film, and I think it pleased a lot of the varying camps: people who were coming to the franchise for the first time, the J.J. Abrams fans and the Star Trek fans, so that was a big comfort to me [2].

Paramount hopes to capitalize on the excitement of the film following the extremely successful 2009 Star Trek that found its way into the top 10 highest grossing films in Paramount history.

FURTHER DOWN THE LINE
There are two films Paramount is set to release within the next six months that have gained the attention of film-fanatics.With the phenomenon of AMC’s The Walking Dead, Paramount is “feeding” on America’s cultural fetish with zombies in Marc Forster’s apocalyptic horror film World War Z starring Brad Pitt [10].

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World War Z Film Poster
Courtesy: movienewz.com

Set to release on June 21, there have been some setbacks during production and a reported thrift between Pitt and Forster. After initial production had finished, this $125M budget film had to reshoot for seven weeks and its entire third act was rewritten [9]. Regardless, Paramount has high expectations for this gutty apocalyptic film, hoping it will be a summer blockbuster.

After the success and popularity of the 2004 film Anchorman: The Legend of Ron Burgundy, news of the sequel has been highly anticipated. Starring Will Ferrell, this goofy comedy’s plot is still up in the air. Anchorman The Legend Continues is set to release on December 20, and fans are gearing up for another round of laughs [10].

Anchorman_2_Teaser_Poster

Anchorman The Legend Continues Film Poster
Courtesy: Wikipedia.com

Paramount’s executive decisions to make these movie sequels shows the studio’s main goal-to make successful, lucrative films. By taking advantage of names like Will Ferrell in the upcoming Anchorman, franchise names like Star Trek, and cultural fetishes like zombie apocalypses, Paramount hedges their bets with expected profitable films.

PARAMOUNT’s GLOBAL REACH
In one of the most luxurious places in the world, Paramount Hotels and Resorts has partnered with the United Arab Emirates-based luxury developer DAMAC Properties to build a 540 room hotel in Dubai. This building, DAMAC Towers by Paramount, acts as a gateway for Paramount to spread their media content around the globe. The hotel will offer residences as well as temporary stays [1].

DAMAC Towers by Paramount Courtesy: damacproperties.com

DAMAC Towers by Paramount
Courtesy: damacproperties.com

It will feature Paramount themed restaurants, bars, swimming pools, and contain a movie theater. The rooms will also have the accommodation to access exclussive Paramount films. According to initial reports, the Dubai venture has been a success, with the first level of residences already sold out. Construction is projected to be finished by the end of 2015. Paramount Hotels and Resorts is also extending its reach to Boao, China, where another hotel should be completed by the end of 2016 [5].

Sources:

[1] http://www.damacproperties.com/en/offer/offers/damac-towers-by-paramount.html

[2] http://screenrant.com/star-trek-2-into-darkness-images-gallery/

[3] http://www.forbes.com/sites/scottmendelson/2013/04/08/paramount-did-everything-right-with-g-i-joe-retaliation-except-make-a-good-movie/

[4] http://www.paramountstudiotour.com

[5] http://www.travelerstoday.com/articles/5593/20130402/paramount-pictures-open-first-movie-themed-hotel-dubai.htm

[6] http://www.imdb.com/list/BrYbKOsKKBQ/

[7] http://www.latinospost.com/articles/16107/20130408/star-trek-darkness-villain-spoilers-report-claims-knowledge-john-harrisons.htm

[8] http://movies.yahoo.com/box-office/

[9] http://io9.com/5918390/zombie-movie-world-war-z-is-an-undead-disaster

[10] http://www.paramount.com

Walt Disney/Touchstone Pictures

by Carly Konsker

The Walt Disney Company

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]

 Alan_Horn

Financials

Walt Disney Studios/Walt Disney Pictures

Walt-Disney-Screencaps-The-Walt-Disney-Logo-walt-disney-characters-31865565-2560-1440

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

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 Studios Logo

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

ironman3

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 5th 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-logo_withmovies

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 NemoWALL•E, and all Cars movies[18]

Disney-Pixar-Logo

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]

FindingDory_HEROOn 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-Movie-Studio-Logo-Wallpaper

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:

  1. The Walt Disney Company Corporate http://thewaltdisneycompany.com/
  2. Timeline of The Walt Disney Company http://thewaltdisneycompany.com/about-disney/disney-history
  3. History of The Walt Disney Studios http://animation.about.com/od/industryprofiles/p/waltdisney.htm
  4. History of Disney – Excerpt From The Walt Disney Company Archives http://waltdisneystudios.com/static/The%20History%20of%20TWDS.pdf
  5. Walt and Roy Disney Photo http://d23.disney.go.com/
  6. Bob Iger CEO of The Walt Disney Company http://thewaltdisneycompany.com/about-disney/leadership/board-directors/robert-iger
  7. Alan Horn, Chairman of Walt Disney Studios http://www.waltdisneystudios.com/corp/unit/6/bio/1015
  8. Disney and Showtime DreamWorks Deal Extended http://variety.com/2013/film/news/disney-to-keep-its-dreamworks-films-at-showtime-1200194681/
  9. Showtime and Disney Renew DreamWorks Contract http://www.deadline.com/2013/03/showtime-dreamworks-studios-contract-extension/
  10. Walt Disney Studios Motion Pictures (live-action) http://www.waltdisneystudios.com/corp/unit/74
  11. Oz the Great and Powerful Tops US Box Office http://www.boxofficemojo.com/movies/?id=oz.htm
  12. Disney Acquires Lucasfilm – Press Release http://thewaltdisneycompany.com/disney-news/press-releases/2012/10/disney-acquire-lucasfilm-ltd
  13. 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
  14. Marvel – Walt Disney Studios http://www.waltdisneystudios.com/corp/unit/246
  15. Marvel’s The Avengers http://boxofficemojo.com/movies/?id=avengers11.htm
  16. Walt Disney Animation Studios http://www.waltdisneystudios.com/corp/unit/76
  17. Disney’s Planes Press Release http://www.waltdisneystudios.com/corp/news/1288
  18. Pixar Animation Studios History http://www.pixar.com/about/Our-Story
  19. Disney Agrees to Acquire Pixar http://www.nytimes.com/2006/01/25/business/25disney.html?_r=1&
  20. Finding Dory Announced http://variety.com/2013/film/news/pixar-finds-title-release-date-for-finding-nemo-sequel-1200331933/
  21. Finding Dory Press Release http://waltdisneystudios.com/corp/news/1293
  22. Walt Disney Studios Corporate http://thewaltdisneycompany.com/disney-companies/studio-entertainment
  23. Touchstone Pictures http://www.waltdisneystudios.com/corp/unit/264
  24. Lincoln (2012) http://en.wikipedia.org/wiki/List_of_accolades_received_by_Lincoln_(2012_film)
  25. Production Begins on DreamWorks’ WikiLeaks Project “The Fifth Estate” http://waltdisneystudios.com/corp/news/1250

 

 

 

CBS Films

by Anjela Latcheva
57555_441137312300_7091372_o

Official Logo of CBS Films

11800 Wilshire Blvd

Los Angeles, California 90025

Telephone: (310) 575-7000

www.cbsfilms.com

About

CBS films is an American studio that handles the development, financing, marketing and production of motion pictures [1]. CBS films is a division of the CBS Corporation. Established in 2007, CBS Films has released nine motion pictures to date. CBS Films also plans to release about four to six movies a year including a variety of genres that will be distributed globally as well as in the United States.

Background

CBS Films originally shortly made an appearance in 1979 under the name CBS Theatrical Films. When CBS Corporation launched the new theatrical films division it was in a joint venture with Columbia Pictures and HBO called Tri-Star Pictures. CBS eventually dropped out of the venture in 1985 and CBS Theatrical Films ended its existence.

However, CBS was bought by Viacom in 2000, which also owned Paramount Pictures at that time. In March 2007, when Viacom and Paramount announced their split, CBS Corporation decided to launch CBS Films. This division was originally created to make content for CBS’s cable movie channel.

CBS Corporation then signed with SONY Pictures for a three year deal where they agreed to distribute internationally. The studio released its first film Extraordinary Measures on January 22, 2012. CBS then released its second film, the romantic comedy The Back Up Plan was released in April 2010. The divisions third release was a movie opening for the Thanksgiving Day weekend, Faster, featuring Dwayne Johnson made $12 million at the box office to start.

After the release of five films and grossing over $30 million, CBS Films’ revenue was lower than expected. CBS decided to freeze their film production for now and decided to plan on acquiring films at film festivals such as the Sundance festival. Management also changed in April 2012 which is predicted to provide interesting changes for CBS FIlms.

The pay-cable rights to the new CBS Films’ titles are held by CBS’s premium cable network SHOWTIME. SONY Pictures also has international theatrical rights as well as home entertainment distribution rights for the many CBS Films titles [1].

CBS Films: The Principles 

Wolfgang-Hammer

Photo courtesy of CBS Films

Wolfgang Hammer

Co-President of CBS Films. He manages business, finance, legal affairs, and acquisitions for CBS Films [1]. Before working at CBS FIlms, Hammer was Executive Vice President of the Motion Picture Group at Lionsgate. He studied at the University of Vienna Law school and earned his master’s at Stanford University.

TP2

Photo courtesy of CBS Films

Terry Press

Co-President of CBS Films. She oversees creative, distribution, marketing and physical production for CBS Films [1].

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Photo courtesy of CBS Films

Steven Friedlander

Executive Vice President, Theatrical Distribution for CBS Films. He manages the domestic theatrical acquisitions and distribution [1].

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Photo courtesy of CBS Films

Ried Sullivan

Chief Financial Officer for CBS Films.

Toulon_Rik_2007_Color

Photo courtesy of CBS Films

Rik Toulon

Executive Vice President and General Counsel of CBS Films. He manages all legal activities for the company and performs certain business functions in connection with the company’s distribution, finance, acquisition, key vendor and strategic alliance arrangements [1].

Maria-Faillace

Photo courtesy of CBS Films

Maria Faillace

The Executive Vice President of Production for CBS Films. She manages production for the divisions home grown titles [1].

SOCIAL MEDIA

Like Their Page!- Facebook

Tweet CBS Films – Twitter

Check out Latest News –Tumblr

Past Releases

Screen Shot 2013-04-07 at 11.52.25 PM

Courtesy of CBS FIlms

Extraordinary Measures – Co-produced with Double Feature Films. Gross: $15,134,168

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Courtesy of CBS FIlms

The Back-Up Plan -Co-produced with Escape Artists. Gross: $77,477,008

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Courtesy of CBS FIlms

Official Website: Faster – Co-produced with Tri-Star Pictures. Gross: $35,542,923

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Courtesy of CBS FIlms

Official Website: The Mechanic – Co-produced with Millennium Films. Gross: $51,070,807

beastly-movie

Courtesy of CBS FIlms

Beastly -Gross: $28,834,009

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Courtesy of CBS FIlms

Official Website: The Woman in Black – Co-produced with Alliance Films. Gross: $127,730,736

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Courtesy of CBS FIlms

Official Website: Salmon Fishing in the Yemen – Co-produced with Lionsgate. Gross: $34,564,651. Nominated for three golden globe awards including best picture [5]! Acquiring this film was a huge step for CBS Films, starring Emily Blunt alongside Oscar Nominee Kristen Scott Thomas this film was popular amongst many.

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Courtesy of CBS FIlms

 Official Website: The Words – Co-produced with Animus Films. Gross: $13,231,461

Screen Shot 2013-04-07 at 11.52.01 PM

Courtesy of CBS FIlms

Official Website: Seven Psychopaths – Co-produced with Blueprint Pictures. Gross: $23,492,318. Voted best Ensemble Cast by The Boston Society of FIlm Critics [5] !

Screen Shot 2013-04-07 at 11.51.44 PM

Courtesy of CBS FIlms

Official Website: The Last Exorcism: Part II

Future Releases

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The Kings of Summer

The official selection of the 2013 Sundance Film Festival. This coming of age comedy, previously known as Toy’s House, will be in theaters May 31st 2013. Directed by Jordan Vogt-Robert and written by Chris Galletta, this film follows three friends as they decide to spend their summer building a house in the woods and living off the land [4]. Watch the trailer here!

7500-movie

7500

From the director of The Grudge, this Sci-Fi thriller is about a group of passengers that encounter what appears to be a supernatural force while on a transpacific flight. Directed by Takashi Shimizu, Flight 7500 was originally scheduled to be released in August 2012 but has been delayed until sometime in 2013. 7500’s cast includes Ryan Kwanten, Jerry Ferrara, and Amy Smart [4]. Watch the trailer here!

The-To-Do-List

The-To-Do-List

Directed and written by Maggie Carey, this comedic film is about a girl’s list of things to accomplish before hitting college campus in the fall. The film follows her experience and exploits the pressure to become more sexually experienced during high school. The To-Do list cast includes Rachel Bilson, Christopher Mintz-Plasse from Superbad, and Connie Britton from ABC’s Nashville [4]. Watch the trailer here!

last-vegas

Last Vegas

Another comedy schedules to be released in December 2013, this film is about three friends in their mid thirties who decide to take a break from their day-to-day lives and throw a bachelor party in Las Vegas for their last remaining single bud. An amazing famous cast including Robert De Niro, Michael Douglas, Morgan Freeman, and Jerry Ferrara [4].

Screen Shot 2013-04-08 at 12.22.06 AM

courtesy of entertainment weekly

Inside Llewyn Davis

CBS Films announced that it has acquired the US rights to Inside Llewyn Davis which is written and directed by academy award winners Joel and Ethan Coen. The film follows an aspiring singer-songwriter as he navigates in the 1960’s folk-music scene in New York City. Cast includes Justin Timberlake, Carey Mulligan and John Goodman. Sneak Peak of the trailer below!

Inside Llewyn Davis trailer

What’s Next for CBS Films?

Being that CBS Films is a relatively young and upcoming division, it has been doing extraordinary well at the box office. I predict we will be seeing more of CBS Films since CBS Films recently announced that they had acquired the rights to the movie Inside Llewyn Davis, this just might be an enormous breakthrough for CBS Films. The movie’s directors have made it to the festival in previous years and have actually had some success.  There is word from a previous screening during February that now created tremendous hype for Inside Llewyn Davis which has already been suspected as a possible candidate for the Cannes Films Festival competition. The Cannes Film Festival is still the most prestigious and definitely the most important event in our cinematic calendar, which kicks off May 15th 2013 [3].

Contact [6]

Grey Munford

Vice President of Communication, CBS Films

(310) 575-7435

E-mail: Grey.Munford@cbs.com

SOURCES

[1] www.cbsfilms.com – Official website of CBS Films

[2] www.cbscorporation.com – Official website of CBS Corporation

[3] http://insidemovies.ew.com – Entertainment Weekly, Inside Movies, Announcement about new CBS film acquisition

[4] www.imdb.com – Movie and film information

[5]http://www.cbsfilms.com/news/seven_psychopaths_voted_best_ensemble_cast_by_the_boston_society_of_film_cr – Recent News on CBS Films

[6] http://www.cbspressexpress.com/cbs-films/ – Lastest press on CBS Films

Warner Bros. Pictures

by Jacob Everest Fleischman

Warner Bros. Pictures

Courtesy of thefilmstage.com

Courtesy of thefilmstage.com

Warner Bros Pictures has produced and distributed thousands of titles since 1923 when it was founded by Albert, Sam, Harry and Jack Warner. WB is responsible for many iconic moments and accomplishments in the entertainment industry. To start, they are responsible for the first film with sound, The Jazz Singer. Following this Warner Bros had decades of success, even producing up to 40 movies a year during the 1940s. Jumping forward to the 1990s, Time Inc. and Warner Bros intertwined and became Time Warner, one of the powerhouses of todays entertainment industry. Warner Bros Pictures, as a subsidiary of Time Warner, produces between 18 and 22 movies a year and currently grosses over $4 billion a year. That brings us to our current place in time, post “The Dark Knight” and “Harry Potter” era, when Warner Bros Pictures was in charge of two of the most successful movie series of all time. [1] [2]

Conglomerate: Time Warner Inc.

Courtesy of financial-report.info

Courtesy of financial-report.info

Parent Company: Warner Bros. Entertainment

CEO: Kevin Tsujihara

Chairman of the Board: Barry Meyer

Warner Bros Pictures Officers

President: Jeff Robinov

Courtesy of http://www.aceshowbiz.com/

Courtesy of http://www.aceshowbiz.com/

Mr. Robinov is in charge of it all. He oversees actual filming and production, distribution and the post-production. All of the other presidents report to him and he has the final say before it is passed to the Warner Bros Entertainment CEO Kevin Tsujihara and Chairman of the Board Barry Meyer. [3]

President, Domestic Distribution- Dan Fellman

Courtesy of http://ia.media-imdb.com/

Courtesy of http://ia.media-imdb.com/

Mr. Fellman has been in his position at Warner Bros Pictures since 1999 and worked there for 21 years before that. Fellman is widely known for his success with movies such as The Dark Knight, Superman Returns, The Hangover and The Blind Side. Among these, he has produced 57 movies that have grossed over $100 million. [4]

President, Worldwide Marketing- Sue Kroll

Courtesy of Variety.com

Courtesy of Variety.com

Ms. Kroll has been in her position since 2008. She oversees all marketing worldwide, both creative and business aspects of the job. She is in-charge of advertising, research, finding target audiences and bringing attention to the film. She most famously ran the marketing division for The Dark Knight which grossed over $1 billion worldwide. [5]

Most Recent Time Warner Inc. Quarterly Report

In Time Warner’s final quarterly report of 2012, it explains Warner Bros Pictures grossed $4.3 billion worldwide; this was predominantly led by The Dark Knight Rises and The Hobbit: An Unexpected Journey. Warner Bros Pictures also received two Golden Globes this year, which included Best Motion Picture- Drama for Argo. Along with the Golden Globe achievements, Warner Bros. Picture’s movies were nominated for 10 Academy Awards this year. [6]

Courtesy of imdb.com

Courtesy of imdb.com

“Right Here, Right Now” Semester News From the Studio

New Commander-in-Chief

Courtesy of www.trbimg.com/

Courtesy of www.trbimg.com/

The biggest thing to happen during this Spring to affect Warner Bros. Pictures actually was not a change made in the company. Warner Bros Entertainment, WB Pictures parent company, appointed a new CEO. Kevin Tsujihara announced he would be taking control of the mega-entertainment company as of March on January 28th, 2013. [7]

The Hobbit is not really that short!

Courtesy of www.dezineguide.com

Courtesy of www.dezineguide.com

It is announced that the first Hobbit movie hit its $1 billion mark and the rest of the trilogy has already been planned out. The final Hobbit Movie will be released in December of 2014, after the second installment of the series is released in December of 2013. Tacking on to the end of the Lord of the Rings series this spin-off proved to be just what the world wanted to see grossing $301.4 domestically and over $700 million internationally to date. [8]

The man with the Billion Dollar Brain is Preparing for his Next Epic

Courtesy of http://www.comicbookmovie.com/

Courtesy of http://www.comicbookmovie.com/

On March 8th, Warner Bros Pictures and Paramount announced that together they would co-produce and distribute, Academy Award nominee and billion-dollar movie maker Christopher Nolan’s next film. The Film, titled “Interstellar”, is sci-fi and will entail Nolan’s customary heroic story line. The fact that these two powerhouse studios are teaming up to produce and distribute this film together is extremely rare because the two do not normally work together on major releases. [9]

“RUN ITS GODZILLA”

Courtesy of www.badassoftheweek.com

Courtesy of www.badassoftheweek.com

While not much has been released yet, it is now public knowledge that a new Godzilla is in the works and will be released and distributed in 3D by Warner Bros. on May 16th, 2014. The film has Aaron Taylor-Johnson, Ken Watanabe, Elizabeth Olsen and Juliette Binoche starring in the film. [10]

Recent Marketing

Courtesy of themovieblog.com/

Courtesy of themovieblog.com/

Warner Bros Pictures is currently ramping up for a very busy spring and early summer with summer blockbusters that many people are looking forward to and could possibly define a top box office summer. Starting in early April we see the true life story of Jackie Robinson in 42 and following this we see our first summer blockbuster the re-make of F. Scott Fitzgerald’s timeless classic The Great Gatsby. Then directly following this, just two weeks later we see the next installment of our favorite party-crazed drunks in The Hangover 3. Finally, most likely the most anticipated superhero movie of the summer, Man of Steel, the next Superman movie is released in June.

See the Man of Steel trailer here

Most Recently Warner Bros Pictures shined as a main attraction at WonderCon

With the upcoming release of Pacific Rim, Warner Bros decided to use this time with a huge collection of its target audience (at WonderCon) to debut a clip from the scene and hear from director, Guillermo del Toro. The scene creates enough suspense and confusion to make every nerd and non-nerd alike in the room anxious to run to the theaters on its opening weekend (July 12, 2013) to see the film. [11]

This has been a very busy late-winter and spring for Warner Bros Pictures with a number of huge films debuting at the beginning of this summer and a lot of films released during this time period. With all this in mind, it makes sense that there are so many presidents under Jeff Robinov to break up all of the executive work that keeps this studio at the top of its game.

Sources:

[1] Warner Bros. History http://www.warnerbros.com/studio/about/company-history.html

[2] Warner Bros. Overview http://www.warnerbros.com/studio/about/company-overview.html

[3] Jeff Robinov Bio http://www.warnerbros.com/studio/executives/operation-officers/jeff-robinov.html

[4] Dan Fellman Bio http://www.warnerbros.com/studio/executives/divisional-executives/dan-fellman.html

[5] Sue Kroll Bio http://www.warnerbros.com/studio/executives/divisional-executives/sue-kroll.html

[6] Time Warner Quarterly Report http://ir.timewarner.com/phoenix.zhtml?c=70972&p=quarterlyearnings

[7] Kevin Tsujihara Bio http://www.warnerbros.com/studio/executives/kevin-tsujihara.html

[8] The Hobbit Press Release http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPTheHobbitAnUnexpectedJourney1BillionDollarRev_03.03.13

[9] Christopher Nolan New Movie http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPInterstellarNov7ReleaseDate_03.08.13

[10] Godzilla Press Release http://www2.warnerbros.com/web/corpcomm/portal/press_release.jsp?id=WBPLegendaryPicturesGodzillaStartofProduction_03.18.13

[11] Pacific Rim Publicity http://www.hollywoodreporter.com/heat-vision/wondercon-pacific-rim-mortal-instruments-431926

20th Century Fox

by Bria Holness

Photo courtesy of fanpop.com

Twentieth Century Fox Film Corp

10201 West Pico Boulevard,

Los Angeles, California 90035

www.foxmovies.com

 A Brief History

Twentieth Century Fox Film Corporation, also known as 20th Century Fox, was established on May 31, 1935 when the founders of Fox Film Corporation and Twentieth Century Pictures decided to merge into one.  It is now one of the major American film studios that produces, acquires, and distributes motion pictures.  Based in Los Angeles, California, it operates as a subsidiary of Fox Entertainment Group Inc. and is responsible for some of the top grossing movies, including Avatar and Titanic. [1] [2]

Quick Financials

During the first quarter, which encompasses the months of January, February, and March, 20th Century Fox brought in a gross income of $256.9 million, a 13.7% decrease in comparison to the first quarter of 2012; however, this is also an 123.7% increase in comparison to 2011. [19]

 Key Executives

Keith Rupert Murdoch

Photo courtesy of biography.com

Murdoch is the founder of News Corporation, in which 20th Century Fox is a subsidiary of, and has been its Chairman since 1991. Since 1992, Murdoch has been the Chairman of Fox Entertainment Group Inc. and its Chief Executive Officer since 1995. He operates as Chairman of the Board and Chief Executive Officer of Twentieth Century Fox Film Corporation. [2]

 Eduardo Echeverria

Photo courtesy of variety.com

Echeverria is Senior Vice President of Latin America at Twentieth Century Fox Film Corporation and has served as so since 2001. [2] Echeverria manages the sales and marketing operations and theatrical distribution for all Fox Filmed Entertainment product in Latin America. [2]

 Michael Peikoff

Since July 1, 2007, Peikoff has been Senior Vice President of Licensing and Merchandising of Twentieth Century Fox Film Corporation. His duties include managing internal and external communication for the licensing division and managing retail marketing and licensed promotion initiatives in the U.S. [2]

 Robert Marick

Photo courtesy of licensing.biz

As Executive Vice President since July of 2010, Marick manages the global licensing of Fox’s television and film assets across different platforms including television promotions, interactive gaming, literary publishing, themed entertainment, and consumer products.   [2]

 Ricardo Crespo

Photo courtesy of centralpa.aiga.org

Crespo has served as Senior Vice President of Global Creative at Twentieth Century Fox Film Corporation since July 2010. [2]  Prior to joining the 20th Century Fox team, Crespo held several leadership positions at Saatchi & Saatchi, Mattel Inc., Bozell Worldwide, and McCANN ERICKSON. [4]

In The News

Broken City

Photo courtesy of radionowindy.com

  20th Century Fox Films released its first film of the year, Broken City, starring Mark Wahlberg, Russell Crowe, and Catherine Zeta Jones, on January 18th.  The film told the story of a New York City cop, who one night gets involved in a scandalous shooting.  He’s stripped of his badge but kept out of jail by the works of New York’s Mayor, who offers him a lump sum of money to investigate his wife.  While doing so he finds himself in the middle of a much larger scandal as he realizes that the Mayor isn’t who he seems to be.

During its opening weekend, the film made about $9 million and $4 million the weekend after.  With an estimated budget of $55 million, it has made an overall gross of $19,667,601 up to date.  It has received mixed reviews ranging from being called a complete mess to being considered an entertaining thriller.  Nonetheless, there seems to be a majority consensus—the cast and the numerous twists are great but can only keep the “weak” storyline going but so far, causing it to receive a B- from Entertainment Weekly. [5] [6]

20th Century Fox employed an interesting marketing strategy for the movie.  Instead of featuring promotional quotes from legitimate movie critics, they chose to use tweets from the hashtag, #BrokenCity, in which basically anyone could be a critic.

Photo courtesy of cultureblues.com

The studio believed it was a way to be more personable and interactive and to get fans more excited for the upcoming film.  However, the tactic raised many questions about the weight of movie critics’ opinions and whether or not they carry the same weight as the opinions of the fans. [7]

Wahlberg also held a special, early screening of the film as a fundraiser for the Mark Wahlberg Youth Foundation . He offered a chance to win tickets at Celebrities for Charity. [8]

A Good Day to Die Hard

Photo courtesy of movies.wikia.com

20th Century Fox released the fifth movie of the Die Hard franchise, A Good Day to Die Hard, starring Bruce Willis and Jai Courtney, on February 14th.  This is the first of the franchise to not be released during the blockbuster summer months and instead in the cold month of February. [9]  The film tells the story of a cop, John McClane, who travels to Moscow to help his unruly son Jack, unaware that Jack is really a CIA agent attempting to stop a nuclear weapons robbery.  Despite their differences, they are forced to work together to keep each other and the world safe. [5]

The film was produced for about $92 million.  During its opening weekend, it made $24,834,845 domestically and $45,301,894 oversees, giving it the number one spot of films newly released that weekend. [10] However, this is over $70 million less than what the last movie of the Die Hard franchise made in the summer of 2007.  With this comparison, it could be considered disappointing. [11]

Very unlike the previous films of the series, the film has been largely slated by various critics.  Based on 40 “generally unfavorable” reviews, Metacritic has given the movie a 28 out of 100 and based on 184 reviews, Rotten Tomatoes has given it a score of 4 out of 10. On both sites, several reasons for such low scores have been cited but the majority seems to agree on a muddling plotline with too many holes and twists as the movie’s downfall. [12] [13]

The Croods

Photo courtesy of filmofilia.com

20th Century Fox teamed up with DreamWorks Animation for the first time in the production and release of The Croods, a prehistoric comedy for the family, starring Nicholas Cage, Ryan Reynolds, Emma Stone, and Catherine Keener.   It officially premiered worldwide on March 22nd and brought in $43,639,736 during its opening weekend. [18]

The film follows the story of a caveman, Crug, who must lead his family across an unstable and dangerous landscape after an earthquake destroys their home. While doing so they come across a nomad who charms everyone but Crug with his revolutionary modern ways. [14]  As of April 1st, with a budget of about $135 million, the film has made $93,893,394 domestically and $148,802,379 from foreign theaters, amounting to $242,695,773 worldwide. [18]

To build up anticipation of the release of the movie, DreamWorks made a deal with Rovio to create a mobile game based on The Croods, an impressive marketing strategy. In the game, the Croods, a family of cave men, find their way out of the Stone Age through the use of a new tool, the idea. They hunt and gather their way through new landscapes as they tame creatures they’ve never seen before.

Rovio released the game for Apple and Android devices on March 14, just about a week before the official release of the film. [15]

What’s Next for 20th Century Fox?

20th Century Fox plans to release another 3-D animated family film, Epic, which is based on the children’s book, The Leaf Men and the Brave Good Bugs. From the creators of Ice Age and Rio, Epic follows the story of a teenage girl, who finds herself magically transported into a secret universe.  While there, she must team up with a group of capricious characters in order to save their world and her own from Queen Tara, the evil spider. [16]

Starring the voices of Amanda Seyfried, Josh Hutcherson, Colin Farrell, Aziz Ansari, Steven Tyler, Johnny Knoxville, Beyonce Knowles, and Pitbull, the film is scheduled to be released on May 24th. [17]

Sources

[1] http://www.thestudiotour.com/fox/chronology.shtml

[2]http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapid=35867

[3] http://www.screendaily.com/echeverria-promoted-to-evp-latin-america-at-fox/4030307.article

[4] http://centralpa.aiga.org/previous-events/ricardo-crespo-creative-ronin

[5] http://www.imdb.com/title/tt1235522/

[6] http://www.ew.com/ew/article/0,,20483133_20657927,00.html

[7] http://www.cinemablend.com/new/Broken-City-TV-Spot-Turns-Podium-Over-Twitter-Fans-34876.html

[8]http://www.bizjournals.com/boston/blog/mass_roundup/2013/01/mark-wahlberg-broken-city-hingham.html

[9] http://www.charlotteobserver.com/2013/02/13/3852964/its-a-good-day-for-john-mcclane.html

[10] http://www.huffingtonpost.com/2013/02/17/weekend-box-office-a-good-day-to-die-hard_n_2707284.html

[11] http://www.boxofficemojo.com/franchises/chart/?id=diehard.htm

[12] http://www.metacritic.com/movie/a-good-day-to-die-hard

[13] http://www.rottentomatoes.com/m/a_good_day_to_die_hard/

[14] http://www.movieinsider.com/m2646/the-croods/

[15] http://variety.com/2013/digital/games/the-croods-go-mobile-with-angry-birds-creator-1200001701/

[16] http://www.gmanetwork.com/news/story/283733/cbb/20th-century-fox-presents-family-and-kiddie-films-in-2013

[17] http://www.movieinsider.com/m3739/epic/credits/

[18] http://www.boxofficemojo.com/movies/?id=croods.htm

[19] http://boxofficemojo.com/studio/chart/?view=company&view2=ytd&compare=Q1&studio=fox.htm

Paramount Pictures

By, Anthony Mormile

[30]

Company Description

Paramount Pictures Corporation is subsidiary of Viacom. It is a production and distribution company for film and television. Paramount is famed for continuously producing top-grossing motion pictures.

Paramount Executives

BRAD GREY Chairman and Chief Executive Officer, Paramount Pictures Corporation

FREDERICK HUNTSBERRY Chief Operating Officer, Paramount Pictures

ROB MOORE Vice Chairman, Paramount Pictures

ADAM GOODMAN President, Paramount Film Group

Paramount Pictures Public Relations

Official Website: http://www.paramount.com

Twitter Handle: @ParamountPics

Facebook Page: https://www.facebook.com/Paramount?fref=ts

Youtube Channel: http://www.youtube.com/user/paramount

A Brief History

Paramount was the byproduct of Adolph Zukor’s Famous Players Film Company merging with Jesse L Lasky’s Lasky Feature Play Company in 1916. Paramount Pictures recognizes Zukor’s company’s establishment date as their own (1912).

Founding Fathers of Paramount

Throughout the the 20th century, Paramount went through its ups and downs, inventing and re-inventing itself while changing hands of ownership many times over. It entered new prosperity under Gulf + Western thanks to Robert Evans‘ leadership. This lasted through the 70’s into the 90’s. In 1994, Paramount Communications (the parent company for Paramount Pictures, at the time) merged with Viacom, putting it under its ownership. In 2005, Brad Grey was appointed Chairman and CEO. Grey has continued the quarter century long tradition of unwavering success. In 2011, Paramount produced six-consecutive films that broke the 100 million dollar box office gross mark; an unrivaled achievement. They are now, in 2012, celebrating Paramount’s centennial. [29]

Paramount Activity

In the fiscal third quarter, parent company, Viacom was down from 2011. Paramount’s theatrical revenue being down by 52% – as a result of fewer summer releases – did not help matters. Several of these releases during the summer reflect partnerships that no longer will exist with Paramount moving forward. These include the Marvel (now Disney IP) and DreamWorks Animation (20th Century Fox IP) films. This demonstrates Paramount’s dire need to find new, fresh content and put out more theatrical releases. The only other Paramount summer releases included one original film Sacha Baron Cohen‘s The Dictator. The rest were re-releases of films like Titanic. [28]

Now in the fourth fiscal quarter, Viacom reports a stronger quarter, but is still not doing as well as they should be. Paramount has reportedly done better but is expected to report losses in the upcoming year’s fiscal first quarter. It is anticipated it will gradually improve thereafter. [27]

With the success of the Paranormal Activity franchise, Paramount Pictures created a new company called Insurge Pictures in 2010. The goal of the company is to duplicate that franchise’s success by producing a series of micro-budget films and giving them wide-releases. It’s a low risk, but potential for high-reward venture. To this sub-divisions credit are the succeeding Paranormal Activity pictures, The Devil Inside, and both the Katy Perry and Justin Beiber movies (Part of Me and Never Say Never respectively). [26]

See Insurge Pictures’ website here:  http://www.insurgepictures.com/

Recent News

December 4, 2012

A new international trailer is released of Paramount’s upcoming film Jack Reacher starring Tom Cruise. This trailer reveals more characters than previous ones. [25]

November 20, 2012

Paramount sets Paranormal Activity 5 release date for October 15, 2013. There is also discussion of developing a spin-off franchise. [24]

November 15, 2012

The highly anticipated Cirque du Soleil: Worlds Away premieres December 21st in 3D.

November 14, 2012

The first 9-minutes of Star Trek: Into Darkness to air before the IMAX theatrical showing of The Hobbit: An Unexpected Journey. [23]

November 13, 2012

Joel Silver has been given a deal by Paramount to produce his next horror flick, Sanctuary. The story centers around a fictitious, secret Vatican-run program that aims to train the demonically possessed to use their powers against evil. [22]

November 8, 2012

Michael Bay cast Mark Wahlberg in Transformers 4 slated for release June 27, 2014. Wahlberg also stars in Bay’s upcoming film Pain and Gain, another Paramount release, on April 23, 2013. [21]

November 7, 2012

Paramount is producing Brett Ratner‘s Hercules alongside MGM. It will begin production in 2013 and is based on Radical Studio’s graphic novel. [20]

November 5, 2012

Anheuser-Busch, a brewing company, has asked Paramount to hide or remove the Budweiser logos from the newly released Denzel Washington film, Flight – a movie about an alcoholic pilot. Legally, Paramount is not obligated to. [19]

John Singleton settles in his lawsuit against Paramount Pictures and MTV Films. [18]

October 29, 2012

Paramount gets Nia VardalosLeftovers, an “anti-romantic comedy.” It is still in-development. [17]

October 25, 2012

Paramount pledges to put Adam Sandler‘s new western comedy, The Ridiculous 6 into production in April 2013. [16]

Insurge Pictures and Yahoo! announce the 2-season renewal of Burning Love, a comedy series which plays on Yahoo! Screen and is produced in part by Ben Stiller’s company, Red Hour Digital. [15]

October 24, 2012

Paramount Insurge acquires Jayson Rothwell‘s script, Patrol. A story about Marines met by an unexpected twist after chasing drug smugglers to a remote island. [14]

Paramount closes a deal to acquire Our Name is Adam; a project that already has Tom Cruise attached to it. Cruise, as an astronaut, goes back in time to work with his younger self. [13]

October 19, 2012

Paramount acquires Wayne Kramer‘s pitch for a new movie called, The Circuit. He will write and direct the picture. [12]

October 11, 2012

Fans vote worldwide on where Paramount Pictures will pre-release the fourth installment of Paranormal Activity prior to the overall theatrical release. The contest was held through a voting application integrated in Facebook. The application is called “Want It” which plays into the franchises long-standing PR “demand it” campaign. [11]

October 5, 2012

Melrose Investors 2 amends a lawsuit it has against Paramount for holding out on profit-sharing by mis-reporting film earnings. They now are going after parent company Viacom and holding them responsible. [10]

Paramount picks up Michael Bay-produced “found-footage” movie called, Almanac. The project is “top secret” and being kept under wrap for the time being. Dean Israelite makes his directorial debut with this film. [9]

October 4, 2012

Sacha Baron Cohen, once again, teams up with Paramount for a follow up to The Dictator. This new comedy, The Lesbian, will center around the Hong Kong billionaire’s reward to marry off his lesbian daughter to any male suitor. [8]

John Singelton‘s suit against a contract breach with Paramount is given a court date. The case is Singelton’s grievance with Paramount Pictures and MTV Films for rescinding on a two-picture deal he alleges he was promised after allowing them to acquire 2005’s Hustle & Flow. [7]

October 3, 2012

Trailer released for The Guilt Trip starring Seth Rogen and Barbra Streisand. Christmas Day theatrical release. [6]

Also in the news today…

Paramount acquires the rights to the Clark Baker‘s sci-fi horror short Vessel. Stephen Susco is on board to adapt it for the big screen. [5]

September 4, 2012

Amazon.com reached a deal with Epix to gain high-profile films for its instant-streaming service. Included in the deal are many films from the Paramount catalogue. [4]

September 3, 2012

Paramount celebrates 100 years of movies and music by hosting an event at the Hollywood Bowl. Paramount played clips from its vault of classic and contemporary films. These clips were accompanied by a live orchestra which played pieces from some of their most famous films’ soundtracks. [3]

August 20, 2012

DreamWorks Animation no longer to distribute through Paramount. They move to a 5-year deal with Twentieth Century Fox in pursuit of “more favorable economics overall for DreamWorks Animation…” [2]

August 16, 2012

Paramount pictures gears up to develop its animation department. Following the success of Rango, their first animated project since separating from a brief DreamWorks affiliation, the company will make a second Spongebob Squarepants movie and other movies based off of Nickelodeon IP. Paramount, prior to this, had not had its own animation division officially since 1967. [1]

“To start filling a pipeline, Paramount chief Brad Grey is turning to sister division Nickelodeon to supply much of the IP. Though development has not begun yet, possible Nickelodeon products that could be turned into films include Dora the Explorer, The Legend of Korra and Monkey Quest. Company boasts a strong consumer products, travel and resorts biz to boost future pics’ earnings potential.” – published in Variety

References

[1] Paramount Ramping Up Animation Slate. Graser, Marc. 16 August 2012. http://www.variety.com/article/VR1118057934

[2] DreamWorks Animation Enters Into New Five-Year Distribution Agreement With Twentieth Century Fox. 20 August 2012. http://www.prnewswire.com/news-releases/dreamworks-animation-enters-into-new-five-year-distribution-agreement-with-twentieth-century-fox-166798526.html

[3] Paramount Celebrates 100 Years of Movie Music at Hollywood Bowl. Belloni, Matthew. 3 Sepetember 2012. http://www.hollywoodreporter.com/news/paramount-hollywood-bowl-jason-alexander-star-trek-367508

[4] Amazon Adds Movies to Streaming Service in New Challenge to Netflix. 4 September 2012. http://adage.com/article/media/amazon-adds-epix-movies-streaming-service/237003/

[5] Par abducts Sci-Fi short ‘Vessel’ for Feature. Sneider, Jeff. Variety. 3 October 2012. http://www.variety.com/article/VR1118060235/

[6] Barbara Streisand and Seth Rogen Hit the Road in ‘The Guilt Trip.’ Anderton, Ethan. 3 October 2012. http://www.firstshowing.net/2012/barbra-streisand-seth-rogen-hit-the-road-in-the-guilt-trip-trailer/

[7] John Singleton ‘Hustle & Flow’ Lawsuit Set for Trial. Greeves, Natasha. 4 October 2012. http://blogs.indiewire.com/shadowandact/john-singleton-lawsuit-set-for-trial

[8] Sacha Baron Cohen Courting ‘The Lesbian.’ Kroll, Justin. Variety. http://www.variety.com/article/VR1118060301

[9] Paramount Picks Up Top-Secret ‘Almanac’ Project With Michael Bay Producing. 5 October 2012. http://www.hollywoodreporter.com/heat-vision/paramount-almanac-michael-bay-376450

[10] Paramount Investors Target Viacom in Amended Lawsuit. Gardner, Eriq. 5 October 2012. http://www.hollywoodreporter.com/thr-esq/paramount-investors-viacom-revenue-lawsuit-376712

[11] Paranormal Activity Fans Around the World Have Wanted It! Paramount Pictures. 11 October 2012. http://www.paramount.com/news-and-social-media/news-and-press-releases/paranormal-activity-fans-around-world-have-wanted-it

[12] Wayne Kramer Does ‘Circuit’ at Par. Kroll, Justin. Variety. 19 October 2012. http://www.variety.com/article/VR1118061023/

[13] Paramount, Skydance Close Deal For Tom Cruise-Attached Script, ‘Our Name is Adam.’ Fleming, Mike Jr. 24 October 2012. http://www.deadline.com/2012/10/paramount-skydance-close-deal-for-tom-cruise-attached-script-our-name-is-adam//

[14] Paramount Insurge Lands Jayson Rothwell Spec, ‘Patrol.’ Fleming, Mike Jr. 24 October 2012. http://www.deadline.com/2012/10/paramount-insurge-lands-jayson-rothwell-spec-patrol//

[15] Paramount’s Insurge Pictures and Yahoo! Announce Hit Comedy Series ‘Burning Love’ will return to Yahoo! Screen For Two More Seasons. Paramount. 30 October 2012. http://www.paramount.com/news-and-social-media/news-and-press-releases/paramount-s-insurge-pictures-and-yahoo-announce-hit

[16] Adam Sandler’s Next: Ridiculous 6. Fleming, Mike Jr. 25 October 2012. http://www.deadline.com/2012/10/adam-sandlers-next-ridiculous-6//

[17] Par Gets ‘Leftovers.’  McNary, Dave. Variety. 25 October 2012. http://www.variety.com/article/VR1118061362?refCatId=13/

[18] John Singleton Settles ‘Hustle & Flow’ Lawsuit Against Paramount, MTV  Films. The Wrap.05 November 2012. http://www.thewrap.com/movies/column-post/john-singleton-settles-hustle-flow-lawsuit-against-paramount-mtv-films-63816

[19] Anheuser-Busch Asks Paramount Pictures to Remove Budweiser from Denzel Washington Movie ‘Flight.’ McCartney, Anthony. 05 November 2012. http://www.huffingtonpost.com/2012/11/05/budweiser-flight-removal-paramount_n_2080328.html

[20] Paramount Producing Brett Ratner’s ‘Herecules’ with MGM. Miller, Daniel. 07 November 2012. http://www.hollywoodreporter.com/risky-business/hercules-dwayne-johnson-brett-ratner-387516

[21] Mark Wahlberg Confirmed as the New Lead in Transformers 4, Plus a New Logo for the Film. Trumbore, David. 08 November 2012. http://collider.com/mark-wahlberg-transformers-4/209779/

[22] Joel Silver Finds ‘Sanctuary’ at Paramount. Fleming, Mike Jr. http://www.deadline.com/2012/11/joel-silver-finds-sanctuary-at-paramount/

[23] ‘Star Trek Into Darkness’ Will Sneak Before ‘The Hobbit.’ McClintock, Pamela. 14 November 2012. http://www.hollywoodreporter.com/news/star-trek-footage-will-sneak-390690

[24] ‘Paranormal Activity 5’ Confirmed for Halloween 2013; Latino Spin-Off Next Spring. Schaefer, Sandy. http://screenrant.com/paranormal-activity-5-latino-spinoff-confirmed/

[25] ‘Jack Reacher’ International Trailer Introduces New Characters; Grittier Plot Info. Nailon, Buffy. 05 December 2012. http://www.examiner.com/article/jack-reacher-international-trailer-introduces-new-characters-grittier-plot-info

[26] Para(mount’s Ab)normal Activity: $1MM Yearly for Microbudget Films. Miller, Scott.  ScreenRanthttp://screenrant.com/paramount-microbudget-films-paranormal-activity-scottm-37762/

[27] Viacom Earnings Plummet; Paramount Revenue Down 29%. James, Meg. LA Times. 03 August 2012. http://articles.latimes.com/2012/aug/03/entertainment/la-et-ct-viacom-earnings-20120803

[28] Viacom Earnings Climb, But Paramount Weaker, Ads Light. Harlin, Kevin. Investors.com. 15 November 2012. http://news.investors.com/business/111512-633555-viacom-fourth-quarter-earnings-beat.htm

[29] The Paramount Story. 2012. http://www.paramount.com/100-years-paramount/paramount-story

[30] Paramount logo. http://www.hollywoodbowl.com/sites/default/files/styles/performance_slideshow/public/program_photos/paramount_685x250.jpg

Universal Pictures

by Jordan Frankel


© Copyright 2012 Universal Studios

Key People

Ron Meyer– President and Chief Operating Officer

Adam Fogelson– Chairman

Jimmy Horowitz– President

Rick Finkelstein– Vice Chairman and Chief Operating Officer

Brief Overview

This year Universal celebrates its 100th anniversary, the company was incorporated April 30th, 1912 and has been shaping the history of film ever since. It is the oldest movie studio in the United States of America and has made such classics as All Quiet on the Western Front, To Kill a Mockingbird, The Deer Hunter, and Schindler’s List.[i]

In May of 2004 controlling stake in Universal was sold to General Electric resulting in the creation of the media super-conglomerate NBC Universal, while Universal Studios Inc. remained the name of the production subsidiary. Than in 2009 GE and Comcast announced a NBC Universal joint venture, with 51 percent owned by Comcast and 49 percent owned by GE.[ii]

 Films

For Universal Pictures the most surprising, successful, and highest grossing movie of the year came in the form of a stuffed animal teddy bear and it wasn’t the family friendly kind either. Ted, the R-rated comedy starring Seth MacFarlane, Mark Walhberg, and Mila Kunis, became the highest grossing R-rated comedy of all time and the first to gross over $500 million in the box office.[iii] The budget for Ted is $50 million and it is also the 8th highest grossing movie of the year.[iv]  The movie becomes available to own on December 11th, just in time for the holidays.

This fall Universal Pictures saw some success with The Bourne Legacy, a re-launch of the Bourne film franchise, based off of the Robert Ludlum’s novels. Matt Damon played Jason Bourne in the first three movies which in total grossed close to half a billion dollars with each new movie grossing more than the previous one.[v] Damon did not reprise his role in The Bourne Legacy; instead Jeremy Renner took over under the character Alex Cross. The reboot made the least amount of money of the four movies earning just over $113 million in the domestic box office.[vi] The worst part is the budget for this fourth film was $125 million, the highest of any Bourne film.[vii]

Since its release on September 28th, Pitch Perfect has become the second largest earner in musical comedy history at the box office behind School of Rock.  Starting with a budget of $17 million, Pitch Perfect has grossed just over $63 million thus far.[viii] Behind the directing of Jason Moore and a strong performance by Anna Kendrick the movie was well received by critics and got an “A” CinemaScore on an A+ to F scale. The DVD and Blu-Ray will be available on December 18th.

The biggest disappointment of the fall movie season for Universal Pictures is The Man With the Iron Fists. Since its release on November 2nd, the movie has just made its budget of $15 million back as of December 4th.[ix] With names like RZA, Russell Crowe, Lucy Liu and Quentin Tarantino attached to the film the buzz leading up to the movie was high, but mixed reviews and a CinemaScore of “C+” has caused Universal to reduce the number of theaters from 1,872 to 174 in just four weeks.[x]

Universal Pictures is looking to dominate Christmas weekend, as it is the only studio releasing a movie on December 21st and Christmas Day. The first movie will feature Judd Apatow’s return to the director’s seat in the kind of sequel to Knocked Up called This is 40.  Apatow is the mind behind some of Universal’s biggest comedy hits, the for mentioned Knocked Up and The 40-Year-Old-Virgin. This is 40 stars Apatow’s wife Leslie Mann and Paul Rudd. Critics have met the movie with great reviews, its over 80% fresh on Rotten Tomatoes.

Universal Picture’s lone hope for a Best Picture Oscar is Les Miserables. The film is based on the Claude-Michel Schonberg and Alain Boublil‘s musical adaptation of Victor Hugo’s epic novel, all of which have the same title.  Acclaimed director Tom Hooper leads an ensemble cast featuring Hugh Jackman, Russell Crowe and Anne Hathaway. The cast and crew took a major risk on this project, the actors sing “live” – they taped the vocal tracks while shooting, rather than in post-production – to make the film seem more real like an opera.[xi]  Besides receiving the academies top award the film has the potential to be seen in the categories of Best Director and Best Actor.[xii]

 Other News

Universal Pictures shelled out a lot of money this fall for two scripts with big names attached to them. It started in early September when Universal outbid DreamWorks for David Guggenheim’s (the writer of Safe House) new project entitled Black Box. The deal was reported to be in the seven-figure range. [xiii] A month later Universal purchased the rights to a comedy being produced by Will Ferrell, Adam McKay, Kevin Messick and Chris Henchy.[xiv]  The biggest script news out of Universal this fall is that the company selected Kelly Marcel to adapt the highly controversial book “Fifty Shades Of Grey” into a feature film.[xv]

Universal also began a couple major marketing campaigns for some of its 2013 movie releases. In late October they released the first trailer for Despicable Me 2, the original film was a big hit, grossing $543 million worldwide in 2010 and spawned an Orlando theme park ride.[xvi]  In September the company released its first look of the comedy Identity Thief, the studio moved the release date of this movie from mid-May to February 8th.[xvii]  The trailer with the most buzz is from Jurassic Park 3D, the studio is releasing the classic April 5th.

 Finances

As of December 2nd Universal Pictures held the 4th highest market share among studios with 12.2%, the studio trails Sony, Buena Vista, and Warner Bros. Universal Pictures has grossed $1.2 billion with just 15 films produced, the least among the top four.[xviii] Since October 4th the studio has made just over $75 million.[xix] The company should reach the $100 million mark for quarter four for the sixth straight year if This is 40 and Les Miserables make their money back.[xx]  In September Universal announced that they had already surpassed its best-ever result for North American box office beating the 2008 figure of $1.127 billion.[xxi]

A subsidiary of Universal Pictures is Focus Features. Located on the Universal lot Focus Features produces and distributes its own movies that are considered more art house type films.[xxii]  Separate from Universal, Focus Features controls 1.4% of the market share so far in 2012.  The company has made $135 million from eight movies thus far.[xxiii] They have one movie currently in theaters, Anna Karenina and will be releasing two more films by years end, Hype Park on Hudson and Promised Land.[xxiv]

Universal reached a major deal with Michael Eisner’s company, Tornante, in mid-November.  Tornante will produce an unspecified number of films to be sold globally by Universal. Tornante operates a cluster of media properties, including Vuguru, a digital studio focused on making original content for platforms like Hulu and AOL, and the Topps Company, the sports card creator and marketer. Mr. Eisner has spent recent months raising money for a film production fund and would like to have a movie in the marketplace by 2015.[xxv]


[i] History http://www.nbcuni.com/film/universal-pictures/

[ii] History http://www.reuters.com/article/2009/12/03/us-nbc-comcast-timeline-idUSTRE5B22SO20091203

[iii] Ted http://www.hollywoodreporter.com/news/seth-macfarlanes-ted-crosses-500-391158

[iv] Ted http://boxofficemojo.com/movies/?id=ted.htm

[v] The Bourne Legacy http://collider.com/bourne-numbers-bourne-identity-bourne-legacy/188050/

[vi]  The Bourne Legacy http://boxofficemojo.com/franchises/chart/?id=bourne.htm

[vii] The Bourne Legacy http://boxofficemojo.com/movies/?id=bourne4.htm

[viii] Pitch Perfect http://boxofficemojo.com/movies/?id=pitchperfect.htm

[ix] The Man With the iron Fists http://boxofficemojo.com/movies/?page=main&id=manwiththeironfists.htm

[x] The Man with the Iron Fists http://www.hollywoodreporter.com/movie/man-iron-fists/review/385363

[xi] Les Miserables http://www.guardian.co.uk/film/2012/dec/06/les-miserables-review-first-look

[xii] Les Miserables http://www.indiewire.com/article/2013-oscarpredictions

[xiii] Black Box http://www.deadline.com/2012/09/universal-back-in-biz-with-safe-house-scribe-david-guggenheims-black-box/

[xiv] Will Ferrell http://www.deadline.com/2012/10/universal-acquires-threesome-pitch-for-will-ferrell-and-adam-mckays-gary-sanchez/

[xv] Fifty Shades of Grey http://www.huffingtonpost.com/2012/10/08/kelly-marcel-fifty-shades-of-grey-screenwriter_n_1949163.html

[xvi]  Despicable Me 2 http://www.deadline.com/2012/10/despicable-me-2-trailer-premiere-universal-steve-carell/

[xvii] Identity Thief http://www.deadline.com/2012/09/identity-thief-trailer-melissa-mccarthy-jason-bateman-universal-pictures/

[xviii] Finances http://www.boxofficemojo.com/studio/

[xix] Finances http://www.boxofficemojo.com/studio/chart/?view=company&view2=&yr=2012&timeframe=Q4&sort=&order=&studio=universal.htm

[xx] Finances http://www.boxofficemojo.com/studio/chart/?view=company&view2=ytd&compare=Q4&studio=universal.htm

[xxi] Finances http://www.deadline.com/2012/09/universal-surpasses-best-domestic-box-office-year/

[xxii] Focus Features http://focusfeatures.com/about

[xxiii] Focus Features http://www.boxofficemojo.com/studio/chart/?yr=2012&view=company&studio=focus.htm

[xxiv] Focus Features http://www.boxofficemojo.com/studio/chart/?view2=upcoming&view=company&studio=focus.htm

[xxv] Tornante http://mediadecoder.blogs.nytimes.com/2012/11/13/michael-eisner-announces-a-film-deal-with-universal/

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