Weinstein Company

By Roxy Silver
[1] The Weinstein Company Logo

[1] The Weinstein Company Logo

HISTORY

Brothers Bob and Harvey Weinstein founded Miramax Films in 1979 and sold it to Disney in 1993. In 2005, they launched The Weinstein Company, TWC, a multimedia and distribution company that encompasses Dimension Films, a genre-label founded in 1993 by Bob Weinstein [2]. TWC and Dimension Films have released mainstream genre and specialty films [3]. Recently the company has made a huge push in its television division.

KEY EXECUTIVES

Harvey

[4] Harvey Weinstein, Co-Chairman TWC

[5] Bob Weinstein, Co-Chairman TWC & Dimension Films

[5] Bob Weinstein, Co-Chairman TWC & Dimension Films

 

 

 

 

 

 

 

 

FINANCIALS

TWC is privately held. Box office wise, currently TWC is ranked 9th with 2.5% of the market share, grossing $69.1 million from its 8 films [6]. This marks a decrease from the prior year in which TWC ranked 8th with 4.5% market share, grossing $491.7 million while releasing 21 films [7].

IN THEATERS

[7]

[8] Lee Daniels’ The Butler captures the story of a White House butler who served seven presidents through dramatic and changing times in American history.

“Lee Daniels’ The Butler”

The drama starring Forest Whitaker and Oprah Winfrey “was expected to do well, but we didn’t expect to do this well,” shared Erik Lomis, President of Distribution for TWC. “The Butler” is the company’s first No. 1 debut since 2009 [9] with an opening weekend of $24.6 million on August 16, 2013 [10]. The film has accumulated grosses of $116.6 million domestically and grossed $146.5 million internationally [11].

 

 

 

 

 

[12]

[12] Vampire Academy is based on a best selling series about two “mortal vampires” who attend a boarding school and have to protect each other from the terrible forces.

“Vampire Academy”

The highly anticipated fantasy film was a flop for TWC. In attempt to imitate the success of box office hits like “Twilight” and “The Hunger Games,” this young-adult adaption didn’t compliment the best-selling book series as the box office sales attest: It premiered in theaters on February 7, 2014, reeling in $3.9 million during its opening weekend [13]. The film has accumulated grosses of $7.79 million domestically and $7.6 million foreign, totaling $15.3 million worldwide [14].

 

 

 

 

 AWARDS SEASON

TWC had an extremely successful year leading up to The Academy Awards, but fell short with only 11 nominations compared to the 17 from the year before [15]. Regardless, the three films nominated received wide recognition.

[21]

[16] 20 Feet From Stardom

“20 Feet From Stardom”

Millions know their voices, but no one knows their names”- “20 Feet From Stardom” is a documentary that told the story of Darlene Love who backed up idols, Stevie WonderFrank SinatraLuther Vandross and Elvis Presley. The film shared her story of struggle of being feet away from the spotlight, but never making it [17]. This film was TWC’s only Academy Award winner for Best Documentary Feature [18].

 

 

 

[24]

[19] Philomena

“Philomena” 

Philomena captures the story of a mother searching for her son but instead finding his gay lover. The drama was nominated for Best Picture, Best Original Score, Best Actress, and Best Adapted Screenplay, but didn’t win any awards at the Oscars [20]. With an opening weekend of $128,435, to date the film combines $37.5 million domestic with $62.4 million foreign, netting TWC $87.9 million [21].

 

 

 

[25]

[22] August: Osage County

“August: Osage County”

The dark comedy based on a Pulitzer Prize winning play portrays a dysfunctional family coming together after a death. Starring Meryl Streep and Julia Roberts, it was nominated for two Oscars[23]. The film had a limited opening weekend of $179,302 in December 2013 and a wide opening of $7.1 million [24]. The film has accumulated $37.7 million domestically and $34.7 million foreign, netting TWC $52.4 million [24].

 

 

 

STRATEGICALLY TWC TAKES ON TV 

A $370 million line of credit from Union Bank helped TWC enter the television market in 2013 [25]TWC’s COO David Glasser explained, “We’ve invested a lot in TV because we see it as a big part of our future.”[26] Now in 2014 the future is here. Having TV under TWC’s belt is an asset creating versatile operations, revenue, and a presence in the TV industry.

Source:  Add Letters

TWC acquired the U.S. distribution rights to the Sky Italia drama series, ‘Gomorra’ from Beta Film, an international distributor [27]Stefano Sollima directed this series based on a bestselling novel about the Neapolitan crime administration Camorra, and is set for release in 2015 [28]. Harvey Weinstein shares “This project caught our eye a while back for its world-class acting talent, as well as Sollima’s abilities to craft a thriller like none other.” [29] This acquisition benefits TWC with new innovative programming, and Beta Film providing ‘Gomorra’ access into American homes.

Source:  Add Letters

With the buzz generated from “Netflix Original Series,” TWC is jumping in. The highly anticipated Weinstein Company drama ,“Marco Polo”, is in production for Netflix and will premiere nearing the end of 2014 [30]Harvey Weinstein reported, “We are proud to present a series that rivals some of the most successful films we’ve ever made. We are excited to introduce him (Marco Polo) to the world.” [31]

Source:  Add Letters

TWC‘s recent partnership with media company Gannett gives TWC an advantage with exclusive access to use Gannett’s expansive media library and retain distribution rights from Gannett’s television stations, newspapers, and digital assets [32]. Weinstein’s President of Television Maryam Banikarim, told Street Insider, “This groundbreaking venture will allow us to discover and explore rich new narratives for a wide array of audiences.” [33]

COMING SOON TO THEATERS NEAR YOU

TWC is continuing their Oscar worthy slate of films this summer, staying true to their demographics and genres of past films. These soon-to-be hit films with A-list names will hopefully yield them success at the 2015 Oscar’s and in the box office.

“The Giver”

The Giver Trailer [34]

“The Giver”, a science-fiction film, directed by Phillip Noyce stars Oscar winners Meryl Streep, Katie Holms, Jeff Bridges, and singer Taylor Swift [35]. The film, which various companies attempted to produce previously, is loosely based on the classic 1993 Lois Lowry novel. Jeff Bridges called it “your next favorite movie.” [36] The story, set to release in August, illustrates a utopian society in which a boy is chosen to learn from an elder the true pains and pleasures of the real world [37]

“Sin City: A Dame to Kill For”

Sin City Trailer [38]

The drama/thriller film directed by Robert Rodriguez [39], is a sequel to the successful 2005 Weinstein film “Sin City” which domestically grossed $74 million [40]. The black and white, 3D-esque thriller will be hitting the screens in August. The star packed cast includes Joseph Gordon-Levitt, Lady Gaga, Jeremy Piven, Jessica Alba, and Bruce Wills to name a few [41]. Considering the triumph the original picture had and the megastar cast “Sin City: A Dame to Kill For” will likely attract crowds to the box office.

“Begin Again”

Begin Again Trailer [42]

The romantic-comedy film from writer-director John Carney is set to release on July 4th [43]. “Begin Again” follows a distressed ex-recrod label executive, Mark Ruffalo, fall in love with a young singer-songwriter, Kira Knightley, after her boyfriend, Adam Levine, dumped her [44]. At the Tribecca Film Festival Carney explained, “Begin Again is a true New York story about magical opportunities.” [45] This classic summer “romcom” will catch movie goers attention from the star studded cast, to the simple yet entertaining plot.

FUTURE OF TWC

The future for TWC is positive and optimistic. Prior to last year TWC was a dominant player in Oscar awards. Presuming this year was a fluke, TWC should bounce back stronger next Oscar season. Additionally, the significant infusion of cash into its TV segment, will bolster the company’s position in the industry, while likely improving its bottom line.

 Sources

[1] Weinstein Company Logo, Ramascreen.com, RT: 4/12/2014

[2] “About The Weinstein Company”, Weinsteinco.com, RT: 4/11/2014

[3] “Dimension Films”, Disney.Wika.com, RT: 4/11/2014

[4] Harvey Weinstein, Co-Chairman, Time, RT: 4/10/2014

[5] Bob Weinstein, Co-Chairman TWC & Dimension Films, Zimbo.com, RT:4/10/2014

[6] Studio Market Share 2014, BoxofficeMojo.com, RT: 4/15/2014

[7] Studio Market Share 2013, BoxofficeMojo.com, RT: 4/15/2014

[8] Lee Daniels’ The Butler Movie Poster, IMBD, RT: 4/12/2014

[9] “The Butler’ Serves Up Box-Office Sucess at No. 1”, Fox News, 8/18/2013, RT: 4/12/2014

[10] “Weekend Box Office: ‘Lee Daniels’ The Butler Wins Again”, Movie Fone, 8/25/2013, RT: 4/12/201

[11] Lee Daniels’ The Butler (2013), BoxofficeMojo.com, RT: 4/13/2014

[12] Vampire Academy Movie Poster, themidnightgarden.com, RT: 4/14/2014

[13] “BOX OFFICE: Vampire Academy’ Has No Bite”, Yahoo Movies, 2/10/2014, RT: 4/14/2014

[14] Vampire Academy (2014), BoxofficeMojo.com, RT: 4/14/2014

[15] OSCARS: Nominations By Studio & Distributor, Deadline Hollywood, RT: 4/12/2014

[16] 20 Feet From Stardom Movie Poster, Filmberg.com, RT: 4/13/2014

[17] “20 Feet From Stardom Synopsis”, 20feetfromstardom.com, RT: 4/12/2014

[18] “Oscars 2014: ’20 Feet From Stardom’ wins for documentary”, Los Angles Times, 3/02/2014, RT: 4/12/2014

[19] Philomena Movie Poster, impawards.com, RT: 4/14/2014

[20] Oscar Nominations By Picture, Deadline Hollywood, RT: 4/14/2014

[21] Philomena (2013), Boxofficemojo.com, RT: 4/14/2014

[22] August: Osage County Movie Poster, broadyway.com, RT: 4/15/2014

[23] “Harvey Weinstein on disappointing Oscar showing for ‘Osage County’ have only myself to blame”, Entertainment Weekly, 2/21/2014, RT: 4/15/2014

[24] August: Osage County (2013), Boxofficemojo.com, RT: 4/15/2014

[25] “The Weinstein Co. Finalizing $370 Million Credit Facility: Report”, Deadline Hollywood, 9/19/2013, RT: 4/16/2014

[26] “The Weinstein Company: stirring drama”, ScreenDaily.com, 4/02/2014, RT: 4/16/2014

[27] “TWC Closes Deal for U.S. Rights to Italy’s ‘Gomorrah’ Skein”, Variety, 4/07/2014, RT: 4/16/2014

[28] “Weinstein to build Gomorra in US”, c21media.net, 3/08/2014, RT: 4/17/2014

[29] Weinstein Co Acquires Italian Crime Drama Series ‘Gomorra’ , Deadline Hollywood, 4/08/2014, RT: 4/15/2014

[30] Marco Polo (TV Series 2014), IMBD, RT: 4/18/2014

[31] “‘Marco Polo’: Production underway for Weinstein Company’s Netflix Show”, Entertainment Weekly, 4/08/2014, RT: 4/16/2014

[32] “Gannett (GCI) and The Weinstein Co. Enter First Look Film And Television Deal”, Streetinsider.com, 4/02/2014, RT: 4/16/2014

[33] “Gannnett Co., Ince And The Weinstein Company Enter Into A Unique First Look Film And Television Development Deal”, PR News Wire, 4/02/2014, RT: 4/16/2014

[34] The Giver Trailer, YouTube, 3/19/2014, RT: 4/14/2014

[35] “Weinstein Dates ‘The Giver’ Starring Meryl Streep and Jeff Bridges for August 2014”, IMBD, 9/21/2013, RT: 4/16/2014

[36] “Jeff Bridges Talks About Your Next Favorite Movie”, Moviepilot.com, 2/12/2014,  RT: 4/16/2014

[37] “‘The Giver’ trailer: Meryl Streep! Jeff Bridges! Color?!”, Entertainment Weekly, 3/19/2014, RT: 4/17/2014

[38] “Sin City 2″ Trailer Release”, Weinsteinco.com, 3/17/2014, RT: 4/16/2014

[39] Sin City: A Dame To Kill For Trailer, YouTube, 4/06/2014, RT: 4/16/2014

[40] Sin City (2005), Boxofficemojo.com, RT: 4/17/2014

[41] “5 Reasons you should be excited for Sin City: A Dame To Kill For”, Metro, 3/07/2014, RT: 4/16/2014

[42] Begin Again Trailer, YouTube, 3/28/2014, RT: 4/16/2014

[43] “‘Begin Again’ Movie 2014 Official Trailer Released Starring Adam Levine and Keira Knightley”Hallels.com, 4/01/2014, RT: 4/16/2014

[44] “Trailer and Poster for Begin Again Starring Keira Knightley, Mark Ruffalo”, Movienewz.com, 4/03/2014, RT: 4/16/2014

[45] “Begin Again To Close Tribeca Film Festival”, Triebcaflim.com, 3/20/2014, RT: 4/16/2014

DreamWorks Studios

By Kelsey Schwartzbach

DreamWorks Studios

http://www.dreamworksstudios.com

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

818-733-9300 [1]

Dreamworks

DreamWorks Studios [2]

Key Executives:

Steven Spielberg, Principal Partner

Steven Spielberg, Principal Partner [3][4]

Stacey Snider, Principal Partner, Co-Founder, and CEO

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

Jeff Small, CEO

Jeff Small, CEO [7][8]

Holly Bario, President of Production

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

A Brief History:

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

Financials:

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

Right Here, Right Now

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

Poster for The Fifth Estate

Poster for The Fifth Estate [15]

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

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

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

Coming soon to a theatre near you

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

Delivery Man poster

Poster for Delivery Man  [18]

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

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

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

Need for Speed Poster

Poster for Need for Speed [22]

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

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

In the News

The Bully Pulpit

The Bully Pulpit [25]

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

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

The Hundred-Foot Journey

The Hundred-Foot Journey [27]

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

Sources:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

Weinstein Company

By Matt Sarshik
The Weinstein Company Logo

The Weinstein Company Logo [1]

History 

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

  Key Executives

Harvey Weinstein Courtesy of Biography.com

Harvey Weinstein
Courtesy of Biography.com [2]

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

Bob Weinstein Courtesy of the NY Daily News

Bob Weinstein
Courtesy of the NY Daily News [4]

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

Financials 

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

Recent News  

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

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

Recent Film Releases

Courtesy of The Weinstein Company

Courtesy of Indiewire [11]

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

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

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

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

Courtesy of IMP Awards

Courtesy of IMP Awards [15]

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

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

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

Courtesy of IMP Awards

Courtesy of IMP Awards [19] 

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

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

Upcoming Releases

Courtesy of Filmfixx.com

Courtesy of Dipson Theaters [23]

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

Courtesy of IMP Awards

Courtesy of IMP Awards [25]

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

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

Courtesy of The Hollywood Reporter

Courtesy of The Hollywood Reporter [28]

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

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

Sources

Sources Accessed November 20, 2013

[1] About The Weinstein Company 

[2] Biography.com – Harvey Weinstein

[3] About Harvey Weinstein 

[4] NY Daily News – Bob Weinstein Photo 

[5] About Bob Weinstein 

[6] Box Office Mojo – Studio Market Share 

[7] Weinstein Co Acquires Rights at TIFF

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

[9] The Daily Beast – Harvey Weinstein Interview 

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

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

[12] Hollywood Reporter – Box Office Milestone

[13] Box Office Mojo Lee Daniels’ The Butler 

[14] USA Today – The Butler Box Office Appeal 

[15] Fruitvale Station Movie Poster 

[16] Box Office Mojo Fruitvale Station

[17] Deadline – Fruitvale Station Box Office 

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

[19] Salinger Movie Poster 

[20] IMDb – Salinger 

[21] Box Office Mojo Salinger 

[22] The Atlantic Wire – Salinger Recut

[23] Philomena Movie Poster 

[24] Entertainment Weekly – Philomena Rating Appeal 

[25] Mandela: Long Walk to Freedom Movie Poster 

[26] IMDb – Mandela: Long Walk to Freedom 

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

[28] The Hollywood Reporter – August: Osage County

The Weinstein Company

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]

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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/