Weinstein Company

Posted on February 18, 2016 by Julia Teti

By Julia Teti

[14]

The Weinstein Company

345 Hudson Street New York, NY 10014 [3]

http://weinsteinco.com

Introduction

MV5BMzU5MjEwMTg2Nl5BMl5BanBnXkFtZTcwNzM3MTYxNA@@._V1_UY268_CR0,0,182,268_AL_

The King’s Speech, Best Picture Winner 2011, Source: imdb.com [15]

Known for it’s numerous films; The Weinstein Company is responsible for the distribution of such movies as The Reader, The King’s Speech, and Silver Linings Playbook and within this past year Macbeth, Carol and The Hateful Eight.[1] A winner of multiple prizes when it comes to awards season, The Weinstein Company is a dominant film distributor and, though still relatively new to Hollywood, is distributing films that have received numerous critical accolades and various nominations among other accomplishments.

History

In 2005, the founders of Miramax (1979), Robert and Harvey Weinstein, launched the distribution company known as The Weinstein Company. Dimensions Films is also part of The Weinstein Company as a genre label founded in 1993 by Robert Weinstein. The Weinstein Company has received over 300 Oscar nominations and has won 81 Academy Awards in the short time since it’s founding. The Weinstein Company also is very strong in the realm of television; however, the focus here will be placed on its accomplishments and noteworthy happenings in film.[1] Headquarters for the company are located in New York, NY. The Weinstein Company does not disclose for the public it’s financial reports.

Awards and Accolades

The Hateful Eight, Source: imdb.com [16]

Known for it’s award winning films, The Weinstein Company saw a year in which none of its films were nominated in the Best Picture category, the first time since 2008.[2] The Weinstein Company has boasted films such as The King’s Speech and The Artist, both of which took home the Oscar for Best Picture. The year 2016 saw The Weinstein Company receiving ten nominations for it’s three films Carol, The Hateful Eight, and The Hunting Ground.[2] For these three films that did receive nominations, The Hateful Eight won the Oscar for Best Original Score, by Ennio Morricone.[6] Harvey Weinstein has been known to be associated with the Oscars and for campaigning heavily for his nominated films, dating back to before the founding of The Weinstein Company through the Weinstein brother’s previous company Miramax. With the issue of this awards season being equal representation of races in film, Weinstein had stated he would cause a stir with the Academy if Ennio Morricone did not win for his category.[6]

Executives [3]

Photo of Mr. Robert Weinstein (right), Co-Founder, Co-Chairman and Principal and Mr. Harvey Weinstein (left), Co-Founder, Co-Chairman and Principal [17]

Corporate Shake Ups

Erik Lomis, former Distribution Chief for The Weinstein Company, left his position as of March 2016 to pursue the role of Lead Distributor at Megan Allison’s Annapurna Pictures.[5] The news came in early March of 2016 as Lomis decided not to renew his contract with The Weinstein Company. Lomis has created positive business relationships with theatre owners and various talents in the film industry. Lomis is credited for taking Quentin Tarantino’s ambition to release The Hateful Eight in 70mm and making the idea come to fruition. Lomis is not the only associate to leave The Weinstein Company as of recently.[5]

[18]

RADiUS-TWC heads Tom Quinn and Jason Janego exited in summer of 2015.[5] Meryl Poster, former TV President, and Stephen Bruno, Marketing Chief, also dissolved their relationships with The Weinstein Company. With the loss of Janego and Quinn, The Weinstein Company is reconfiguring its boutique distributor RADiUS, responsible for such films as It Follows and Citizenfour. The Weinstein Company is currently planning to expand RADiUS day-and-date releases into new niche markets. An interviewing process has begun for the role of senior acquisitions executives to manage the VOD division. RADiUS is credited in helping The Weinstein Company with a scaled down, multi-platform release of the film Snowpiercer. The Weinstein brothers are also currently downsizing with a more focused slate of films for the 2016-year.[4]

Current Film: Jane’s Got a Gun

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Jane Got a Gun, Source: imdb.com [19]

The Weinstein Company’s latest film to come to theaters is Jane Got a Gun, starring Natalie Portman and Joel Edgerton. The film had been hit with constant delays. In production, Jane Got a Gun’s original director, Lynne Ramsay, quit, various casting changes were made, and the loss of an original distributor, until The Weinstein Company acquired it in September of 2015.The film premiered at the Museum of Modern Art in New York on January 27, 2016. With an unknown production budget, Jane Got a Gun’s wide release date was January 29, 2016.[7] The film’s domestic gross is currently $1,513,793 and made $835,572 in its opening weekend with it’s widest release being shown in 1,210 theaters. The close date for the film was February 25, 2016.[8]

Future Projects

With a shift to television, The Weinstein Company will be releasing fewer films this year. As of now, The Weinstein Company has three films with set release dates; The Founder is being released August 5, 2016, Hands of Stone is set to be released August 26, 2016, and Lion is going to be released November 25, 2016.[10] Originally, The Weinstein Company had the release dates for The Founder and Lion switched. In previous years, The Weinstein company has seen much success when releasing it’s films around the Thanksgiving holiday, which may be the cause for the change in the McDonald’s origin story starring Michael Keaton being released in August rather than November. Lion, a more touching family story, has the advantage a very dominant cast, including Nicole Kidman, Dev Patel and Rooney Mara, who recently saw success with her second Oscar nomination for Carol, another Weinstein Company production.[9] With the changed date, this means publicity for The Founder is beginning in full swing.

[20]

The trailer for the film premiered on April 21, 2016 and a poster for the film was previously released.[13] By creating space between the two films, The Weinstein Company is offering opportunity for its films to be considered awards season bait as they are spread further apart. Further in the future, Rooney Mara will be working in another Weinstein production, portraying New Testament figure Mary Magdalene in a biopic.[12] Being eyed to play the role of Jesus Christ is Joaquin Phoenix. A deal is in the works with the actor for the Garth Davis film.[11] In terms of distribution, The Weinstein Company will be working with the production company See-Saw Films, with whom they worked with on the release of The King’s Speech, Macbeth, and this November’s Lion.[12] Helen Edmundson and Philippa Goslett write the film’s screenplay, and production is scheduled to begin this summer. The Weinstein Company is planning to release the film in 2017.[11]

Sources

[1] The Weinstein Company. (n.d.). Retrieved April 24, 2016

[2] Piccalo, G. (2016, January 14). Oscars 2016: Where was Harvey Weinstein’s nomination? Retrieved April 24, 2016,

[3] The Weinstein Company Inc.: Private Company Information. (n.d.). Retrieved April 24, 2016

[4] Thompson, A. (2016, March 8). The Weinstein Co. to Reconfigure RADiUS. Retrieved April 24, 2016,

[5] McClintock, P. (2016, March 10). Weinstein Co. Shake-Up: Distribution Chief Erik Lomis Exiting (Exclusive). Retrieved April 24, 2016

[6] Harvey Weinstein Jokes About Academy’s Diversity Problem. (2016, February 26). Retrieved April 24, 2016

[7] Chi, P. (2016, January 28). Natalie Portman on Making ‘Jane Got a Gun’: ‘There Was an Obstacle Every Hour, Every Day’. Retrieved April 24, 2016

[8] Jane Got a Gun (2016) – Box Office Mojo. (n.d.). Retrieved April 24, 2016

[9] D’Alessandro, A. (2016, March 01). Weinstein Co.’s ‘The Founder’ Moves To August; ‘Lion’ To Roar During Thanksgiving Week. Retrieved April 24, 2016

[10] Upcoming Movies by Studio / Distributor. (n.d.). Retrieved April 24, 2016

[11] Jaafar, A. (2016, April 22). Joaquin Phoenix Eyed To Play Jesus Christ In Mary Magdalene Pic. Retrieved April 24, 2016

[12] Siegel, T. (2016, February 9). Weinstein Co. in Talks to Acquire Mary Magdalene Biopic. Retrieved April 24, 2016

[13] Khatchatourian, M. (2016, April 21). Michael Keaton Builds McDonald’s Empire in ‘The Founder’ First Trailer. Retrieved April 24, 2016

[14] Weinstein Company Logo. The Weinstein Company. Retrieved April 24, 2016

[15] The King’s Speech Poster. IMDB Media. Retrieved April 24, 2016

[16] The Hateful Eight Poster. IMDB Media. Retrieved April 24, 2016

[17] Photo of Robert and Harvey Weinstein. The Hollywood Reporter. Retrieved April 24, 2016

[18] RADiUS TWC logo. Retrieved April 24, 2016

[19] Jane Got a Gun Poster. IMDB Media. Retrieved April 24, 2016

[20] The Founder Trailer. Youtube. Retrieved April 24, 2016

[21] Photo of David Glasser. Retrieved April 25, 2016

Netflix

Posted on October 5, 2014 by mmueller

by Micaela Mueller

Company Logo – www.netflix.com

100 Winchester Circle, Los Gatos, CA 95032
(408) 540-3700

Executives [1]

Reed Hastings, Founder and CEO

David Wells, CFO

Twani Cranz, Chief Talent Officer

Kelly Bennett, Chief Marketing Officer

About [2]

Netflix is an international public company that allows users to stream movies and television shows online with a monthly subscription. They also offer rentals by mail for an additional cost and produce their own original programming.

History

Courtesy of postalnews.com

Reed Hastings and Marc Randolph founded Netflix in 1997 as an online movie rental service. In 2007, Netflix introduced streaming services that allowed members to use personal computers to instantly watch movies and television shows online. In 2012, Netflix began producing original content and became the first Internet TV network to be nominated for the primetime Emmy with 31 nominations in 2013 [3]. Currently in 2014, Netflix has over 53 million members in nearly 50 countries worldwide and accounts for more than 34 percent of the peak wired download traffic in North America [4].

Financials

Netflix is publically held. According to the company’s 2014 third quarter report, it has $1,223 billion in total revenue, a 27% increase from the same quarter of the previous year. The company reported a 20% increase in domestic revenue from the same quarter of the previous year and a 47% increase in international revenue due to their expanded global market. Netflix predicts a 6% increase in total revenue and an additional 4 million subscribers by the end of the fourth quarter, bringing their total revenue up to $1,305 billion and their global membership to 57 million. Netflix’s two major competitors are Hulu and Amazon [5].

Courtesy of finance.yahoo.com

Over a 3-month period, Netflix’s highest share price was $484.39. However, after a massive 25% drop on October 16^th, the price dropped to $361.70 and eventually reached it’s lowest share price of $346.59 on November 30^th [6].

The 25% drop in share price occurred a day after Netflix reported that the company’s subscriber growth was below the original forecast. Netflix speculates that the subscriber growth was lower than anticipated as a result of the increased price for membership that was announced in May 2014 [7]. The price increased $1 from $7.99 to $8.99 monthly [8].

Recent News

International Expansion

Courtesy of gigaom.com

For the past couple of years, Netflix has been working to increase their international presence. Since 2012, Netflix has been available internationally in the UK, Ireland, Denmark, Finland, Norway, and Sweden and in the Netherlands since 2013. In September of 2014, Netflix announced that streaming services are now available to subscribers in Germany, France, Austria, Switzerland, Belgium and Luxembourg via all devices with Internet access including computers, smartphones, and video game consoles [9].

Then, in November of 2014, Netflix announced, that by March of 2015, it will expand into New Zealand and Australia [10].

Netflix and Nielsen

Since its start in 1997, the company has never released how many people watch each show on Netflix. The company claims that because their revenue comes from subscribers and not advertisers, the only number that matters is their subscriber count. The company’s decision bothers networks such as HBO, Showtime, and Starz, who also rely on subscribers and not advertisers, but who have their ratings recorded by Nielsen [11].

However, according to the Wall Street Journal, Nielsen is going to start measuring viewership for streaming services like Netflix. Starting next month, Nielsen will use already existing in-home metering devices to record Netflix viewership without the need of the company’s permission. Nielsen, however, will not be able to record viewership via mobile devices, a platform heavily used for Netflix streaming [12].

Recent Original Content

Netflix started producing original programming in 2012 with the release their first series Lilyhammer starring former Sopranos star Steven Van Zandt [13]. Since then, the company has produced a number of successes such as Orange is the New Black, winning 3 Primetime Emmy Awards [14], and House of Cards, winning 4 Primetime Emmy Awards [15].

Courtesy of netflix.com

In addition to producing their own content, Netflix picks up dropped on-the-air television shows and continues to produce them. Arrested Development, for example, was off the air for a number of years before Netflix produced its fourth season in 2013. In August of 2014, the network confirmed that it will be producing a fifth season in the coming year [16].

On June 19, 2014, Netflix announced the company’s pairing with Chelsea Handler to produce a Netflix original comedy talk show. Handler decided to pair with Netflix in order to keep herself new and interesting. The talk show will debut in early 2016 [17]. However, on October 10^th, the network premiered a stand up comedy performance from Handler’s latest comedy tour, Uganda Be Kidding Me, as her debut to Netflix [18].

Looking Ahead

Film

Courtesy of imdb.com

On September 30, 2014, Netflix announced their pairing with the Weinstein Company to release their first original movie. The movie will be a sequel to Crouching Tiger Hidden Dragon, a 2002 martial-arts epic movie directed by Ang Lee, also the director of Life of Pi and Brokeback Mountain [19]. The sequel will be titled Crouching Tiger Hidden Dragon: The Green Legend and will be directed by Yuen Wo-ping. It will be produced by Harvey Weinstein, Academy Award winner for The King’s Speech, Peter Berg, Emmy Award winner for Friday Night Lights, and Sarah Aubrey, producer of Lone Survivor. The film tells a martial arts story where good and evil battle for the fate of the Martial World. Major stars of the film will include Harry Shum Jr., Jason Scott Lee, Roger Yuan, and Eugenia Yuan [20]. It will be released and available to all subscribers on August 28, 2015 as well as in select global IMAX theaters [21].

Days later, on October 2^nd, Netflix announced a deal they made with Adam Sandler, comedy actor and founder of Happy Madison Productions [22]. Sandler, alongside Happy Madison Productions, committed to acting and producing four films exclusively available through Netflix. The first movie could come as early as late 2015 and currently has no theatrical component [23].

Television

Courtesy of netflix.com

Netflix will be premiering two original programming pieces on December 12, 2014. The first is Marco Polo, a series centered on Marco Polo’s exploration during the time of the 13^th century war in China and will be produced by The Weinstein Company [24].

The second is a stand-up comedy special, American Ham, with actor Nick Offerman, known for his role in NBS’s Parks and Recreation. The special will appear in the US, Canada, the UK, and Ireland [25].

The company will continue their original series in 2016 with a relationship sitcom called Love. Judd Apatow, known for producing Knocked Up and 40-Year-Old Virgin, will co-write and produce this Netflix original series [26].

Courtesy of joblo.com

Another sitcom in the works is Grace and Frankie, starring Lily Tomlin and Jane Fonda. The show is targeted to premier in summer 2015 [27].

Sources

[1] “Officers and Directors”, ir.netflix.com, RT: 11/29/14

[2] “Company Overview”, pr.netflix.com, RT: 11/29/14

[3] “Company Timeline”, pr.netflix.com, RT: 11/29/14

[4] “Netflix Crowned King of Streaming With More Than a Third of Peak Traffic”, Time Magazine, 5/14/14, RT: 11/29/14

[5] “Letter to Shareholders”, ir.netflix.com, 10/15/14, RT: 11/29/14

[6] “Netflix, Inc.”, Yahoo!Finance, RT: 11/30/14

[7] “Netflix Shares tank 20% on Weak Results”, CNN Money, RT: 11/29/14

[8] “A Quick Update on Our Streaming Plans and Prices”, blog.netflix.com, 5/9/14, RT: 11/29/14

[9] “Netflix Launches in Belgium and Luxembourg”, Multichannel News,9/9/14, RT: 11/29/14

[10] “Press Releases”, pr.netflix.com, 11/18/14, RT: 11/29/14

[11] “How Much Longer Can Netflix Keep Ratings a Secret?”, Forbes, 9/18/14, RT: 11/29/14

[12] “We’re Still a Long Way Away From Knowing How Many People Watch Netflix and Amazon Shows”, vulture.com, 11/20/14, RT: 11/29/14

[13] “Lilyhammer, Netflix’s First Original Show, Available to Watch Online Now”, Huffington Post, 2/6/12, RT: 11/29/14

[14] “Orange is the New Black Awards”, IMDb.com, RT: 11/29/14

[15] “House of Cards Awards”, IMDb.com, RT: 11/29/14

[16] “Will Arnett Confirms ‘Arrested Development’ Season 5 Is Happening”, Huffington Post, 8/8/14, RT: 11/29/14

[17] “Press Releases”, pr.netflix.com, 6/19/14 RT: 11/29/14

[18] “Chelsea Handler to Launch Netflix Talk Show”, CBS News, 6/19/14, RT: 11/29/14

[19] “Ang Lee”, IMDb.com, RT: 11/29/14

[20] “Press Releases”, pr.netflix.com, 9/30/14, RT: 11/29/14

[21] “Netflix to Release First Original Movie”, Time Magazine, 9/30/14, RT: 11/29/14

[22] “Adam Sandler”, IMDb.com, RT: 11/29/14

[23] “Press Releases”, pr.netflix.com, 10/2/14, RT: 11/29/14

[24] “Press Releases”, pr.netflix.com, 4/8/14, RT: 11/29/14

[25] “Netflix Sets Premiere for Nick Offerman’s ‘American Ham’ Stand-up Comedy Special”, bostonherald.com, 11/24/14, RT: 11/29/14

[26] “Netflix (NFLX) to Stream Original Content Love in 2016”, zacks.com, 9/18/14, RT: 11/29/14

[27] “Netflix Orders Comedy Series to Star Jane Fonda, Lily Tomlin”, Variety 3/19/14, RT: 11/29/14

Weinstein Company

Posted on November 18, 2013 by eamoomey

By Mark DiBona

The Weinstein Company Logo

The Weinstein Company (TWC) was founded in October 2005 by brothers Harvey and Bob Weinstein, following their departure from the film studio Miramax, which they had founded 26 years earlier in 1979. Since its founding, the studio has earned a reputation for consistently putting out commercial and critical successes. Their films have had a continuous presence at the Academy Awards, including two consecutive best picture wins for The King’s Speech in 2010 and The Artist in 2011. The studio also owns Dimension Films, a genre studio founded by Bob Weinstein, best known for various horror films as well as the Spy Kids series. [1]

Key Executives

Harvey Weinstein, courtesy of TIME Magazine

Harvey Weinstein co-founded the company with his brother Bob Weinstein and has served as its co-chairman since. Weinstein also produces many of his studio films, which has led to him personally winning a best picture Oscar in 1998 for producing Shakespeare in Love during his tenure with Miramax. [2]

Bob Weinstein, courtesy of The Wrap

Bob Weinstein, in addition to co-founding The Weinstein Company and serving as its co-chairman, founded the studio Dimension Films in 1993. Focused on genre films, the studio has released such notable films as the Scream series, the Spy Kids series, and Sin City. [3]

Financials

Among the most prominent of the mini-majors, TWC has continually increased its presence since its founding in 2005. In 2012, the studio had a 2.57% market share with a combined film gross of $278, 608, 624 from 21 releases. So far in 2013, they hold a 4.78% market share with a combined $441,224,429 gross thanks to the runaway success of The Butler as well as holdovers from late releases of the previous year such as Django Unchained and Silver Linings Playbook, which also allowed them to end the first quarter of 2013 second in marketshare. [4], [5]

Awards

The Weinstein Company has earned a reputation as a perennial major player at the Academy Awards. Between Miramax and TWC there are 303 Oscar nominations and 75 wins. TWC alone has earned 7 best picture nominations and 2 wins since its founding. Much of this success is attributed to the Weinstein brothers, and Harvey in particular is known for his aggressive marketing techniques. For Silver Linings Playbook, which earned 8 nominations and 1 win, the cast appeared on various talk shows and discussed their personal connections to the film, such as this appearance on Katie where the director, David O. Russell, and stars Robert De Niro and Bradley Cooper talk about their experiences with bipolar disorder, which is central to the film. . [1]

The Butler

Courtesy of imdb.com

Released on August 16th 2013, Lee Daniels’ The Butler details the story of an African-American man who serves as White House butler for 34 years and is inspired by a true story. It stars Forest Whitaker in the title role and Oprah Winfrey as his wife as well as featuring numerous cameos from actors like Robin Williams and John Cusack. It became a box office hit, earning $115,474,000 domestically and $31,192,066 in the foreign market against a $30 million budget and managed to hold the #1 spot for 3 of its first 4 weeks. [6]

The film is already being touted as a contender for the Academy Awards, with a possible Best Picture nomination. [7]

However, the film gained some notoriety when Harvey Weinstein publically attempted to fight the MPAA board’s decision that the film be renamed due to a 1916 Warner Brothers’ film called The Butler. This ultimately led to the film adding director Lee Daniels’ name into the title. [8]

Fruitvale Station

Courtesy of imdb.com

A smaller scale film, Fruitvale Station is a dramatization of the last day in the life of Oscar Grant III who was tragically shot on January 1st 2013 by a cop. Starring Michael B. Jordan and Octavia Spencer, the film earned a respectable $16 million at the box office against a minuscule budget but earned critical acclaim, holding a 94% on Rottentomatoes. The Film also received large support and praise from celebrities including LeBron James, Oprah Winfrey, and drummer for The Roots, Questlove. [9], [10]

August: Osage County

Courtesy of imdb.com

Based on the Pulitzer Prize winning play of the same name, August: Osage County is set for December 25th Release Date. Dealing with a large family who reunite in the Oklahoma house they grew up in following a crisis, the film features a large ensemble cast including Meryl Streep, Julia Roberts, Benedict Cumberbatch, and Ewan McGregor. [11]

Originally considered to be a potential huge contender at the Oscars and frontrunner for Best Picture, mixed reactions from its premiere at the Toronto International Film Festival have somewhat subdued these predictions. However, the film is still expected to earn at least a few nominations and also gather a large box office draw against its $25 million budget due to the presence of its stars. [12], [13]

The Future of the Weinstein Company

Courtesy of USA Today

On August 20th, TWC announced a groundbreaking multi-year deal with Netflix. The deal will make Netflix the sole subscription service for first-run films from TWC starting in 2016. The Weinstein Company already enjoyed a healthy relationship with the streaming service, using it as a pay TV home for their documentaries and various films including 2011 best picture winner, The Artist, but this deal has been described by Harvey Weinstein as “the biggest deal in the history of The Weinstein Company.” [14]

One of the most anticipated film projects beyond 2013 is Sin City: A Dame to Kill For, the long-delayed sequel to the 2005 film Sin City. As the first film earned over $158 million against a $40 million budget, the sequel is expected to do well and has been given a summer release date. It will feature a large cast of stars including Joseph Gordon-Levitt, Josh Brolin, Bruce Willis, and Jessica Alba. [15], [16]

Other 2014 releases include Tim Burton’s Big Eyes starring Christoph Waltz and Amy Adams and The Giver based on the beloved young adult novel. [17]

Looking ahead, The Weinstein Company is shaping up to continue to increase its market presence and climb to the top of the mini-major studios. Through continuous presentation of quality films with savvy marketing and its expansion into new fields, TWC should continue to experience success in the near future.

Sources

1. About the Weinstein Company
2. About Harvey Weinstein
3. About Bob Weinstein
4. The Numbers
5. Weinstein Co. Beats Most Majors in First Quarter
6. Boxofficemojo
7. Gold Derby Best Picture Predictions
8. “The Butler” Title Fight
9.Boxofficemojo, “Fruitvale Station”
10. The Official Fruitvale Station Tumblr
11. August: Osage County
12.August: Osage County early reviews, a mixed bag at TIFF
13. The Guardian
14. The Weinstein Co. Agrees to Exclusive Streaming Deal With Netflix
15. Boxofficemojo, “Sin City”
16. Sin City: A Dame to Kill For
17. Rope of Silicon

Weinstein Company

Posted on April 8, 2013 by Shawn Namet

by Shawn Namet

The Weinstein Company logo

History

Bob and Harvey Weinstein, the founders of Miramax, launched The Weinstein Company in October 2005. The studio handles the production and distribution of films as well as production of television content. Weinstein Company films took home the Academy Awards for Best Picture in 2011 and 2012, for The King’s Speech and The Artist, respectively. The Weinstein Company also owns Dimension Films, a label started by Bob Weinstein in 1993, which has produced films like Scream and Scary Movie. [1]

Key Executives

Harvey Weinstein
Courtesy of The Hollywood Reporter

Harvey Weinstein founded Miramax in 1979 with his brother Bob Weinstein. The two have been nominated for 303 Academy Awards between them, 75 of which they have won. [2]

Bob Weinstein
Courtesy of the New York Post

Bob Weinstein established Dimension Films in 1993 while still at Miramax. The Dimension Films label specializes in science fiction, action, and horror films like Piranha, Grindhouse, and Sin City, as well as family films like Spy Kids. [3]

Financials

After finishing 2012 in eighth place among film distributors with a 2.4% market share, the Weinstein Company has moved up to second place with a 12.1% market share as of April 4, 2013. The smaller independent studio beat out most of the major studios in box office grosses for the first quarter with $282.4 million in revenue, up from $75.6 million at the same time last year. The lead may not hold, however, since the upcoming Summer season of blockbuster action films like Iron Man 3 is sure to give larger studios a boost that could take them the top of the box office rankings. The studio climbed the list thanks to high grosses from Silver Linings Playbook and Django Unchained, which also garnered critical acclaim and numerous Oscar nominations. [4] [5] [6]

Recent Film Releases

Silver Linings Playbook

Courtesy of The Weinstein Company

Director David O. Russell’s Silver Linings Playbook, adapted from a book by Matthew Quick, is the story of Pat Solitano, a man struggling with bipolar disorder who is released from his court ordered stay in a mental institution and attempts to put his life in order and win back his wife. Pat then meets the recently widowed Tiffany, who convinces him to compete in a dance competition as a way to prove himself to his wife. [7]

Silver Linings Playbook began its theatrical run in a limited release in only 16 theaters, but would eventually spread across the country to play in more than 2,800 theaters in its twelfth week. [8]

The film has made a total domestic gross of almost $130 million on a budget of just $21 million, and received an average review score of 81 out of 100, representing universal acclaim from major film critics, according to review aggregator Metacritic. The film went on to receive eight Academy Award nominations, including Best Picture, and won lead actress Jennifer Lawrence her first Oscar. [6] [8] [9]

Django Unchained

Courtesy of the Weinstein Company

The latest in a series of director Quentin Tarantino’s collaborations with the Weinstein Company, Django Unchained, follows a slave, Django, who is freed and recruited by bounty hunter Dr. King Schultz. The pair track down and attempt to rescue Django’s wife at a plantation owned by the brutal Calvin Candie.[10]

Tarantino’s first foray into the western genre made $30 million dollars for it’s Christmas release, and went on to gross a total more than $162 million domestically. Like Silver Linings, Django received universal acclaim on Metacritic with an average review score of 81 out of 100. The film received five Academy Award nominations, winning in both the Original Screenplay category as well as the Supporting Actor category for Christoph Waltz’s performance as Dr. Schultz. [11] [12] [6]

Despite the critical and commercial success of Django Unchained, the picture drew criticism for the consistent use of racial slurs in the film’s dialogue. Director Spike Lee was especially outspoken on the issue. Controversy does not appear to have harmed the film’s box office revenues or Oscar hopes, and in fact brought the film more publicity and visibility in the news media. [13]

Upcoming Projects

Big Eyes

Tim Burton
Courtesy of Biography.com

The Weinstein Company is in the process of completing a deal to fund and distribute the next film from popular director Tim Burton, titled Big Eyes. The film is based on the true story of Walter and Margaret Keane, a couple who found success in creating some of the first mass marketed artwork, selling their paintings through retailers across the United States until their partnership and marriage bitterly ended. Christoph Waltz and Amy Adams are set to star.

Many of Burton’s recent films have been highly successful at the box office, with his film Alice in Wonderland grossing over $334 million domestically. Given Burton’s current popularity and the dedicated fan base he has gathered, Big Eyes could be a boost for the studio, even though the subject matter may not lend itself to a large scale event film like Alice. [14] [15]

Early Oscar Contenders

The Weinstein Company has already begun laying out release dates for some of its Oscar hopefuls, focusing on the traditional year end award season. The first will be August: Osage County, a dark comedy with an ensemble cast including Meryl Streep, Sam Shepard, and Julia Roberts. The studio has also acquired the distribution rights to Sundance Film Festival Grand Jury and Audience Award, Fruitvale, which is also likely to be an awards contender.

Nicole Kidman as Grace Kelly in “Grace of Monaco”
Courtesy of guardian.co.uk

In recent months the company has also announced acquisition of United States distribution rights for two high-profile biopics that are likely to garner nominations in acting categories. The Weinsteins will distribute Grace of Monaco, starring Nicole Kidman as classic Hollywood actress Grace Kelly, as well as Mandela: Long Walk to Freedom, which will star Idris Elba as South African president and apartheid activist Nelson Mandela. [16]

Coming Soon

The Weinstein Company has begun promoting Only God Forgives, starring Ryan Gosling. A May 2013 release date has been announced for France, hinting at a showing at the Cannes Film Festival. [17]

The studio’s next film to release will be Scary Movie 5, the newest installment in the horror parody franchise. The film is expected to draw in an established fan base, and advertisements show a focus on cameos from celebrities like Charlie Sheen and Lindsay Lohan. [18]

Sources

[1] About the Weinstein Company

[2] About Harvey Weinstein

[3] About Bob Weinstein

[4] Box Office Mojo – Studio Market Share

[5] Hollywood Reporter – Box Office Report

[6] Cinema Blend – Oscar Nominations and Winners

[7] IMDb -Silver Linings Playbook

[8] Box Office Mojo Silver Linings Playbook

[9] Metacritic – Silver Linings Playbook

[10] IMDb – Django Unchained

[11] Box Office Mojo – Django Unchained

[12] Metacritic – Django Unchained

[13] LA Times – Django Unchained controversy rages on

[14] Deadline – Tim Burton to direct ‘Big Eyes’

[15] Box Office Mojo – Alice in Wonderland

[16] Indiewire – Weinstein Company sets Oscar release dates

[17] Latinos Post – Cannes Film Festival predictions 2013

[18] Scary Movie 5 website

Weinstein Company

Posted on September 19, 2012 by ansegal

by [Annie Segal]

“The Weinstein Company” image courtesy of Google Images

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

Connect:

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

Twitter: http://twitter.com/WeinsteinFilms

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

Website: http://weinsteinco.com/

A Brief History:

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

Bob and Harvey Weinstein photo courtesy of Google images

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

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

Top Competitors:

Fox Searchlight Pictures, Inc.

Miramax Film Corp.

Sony Pictures Classics [3]

Finances:

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

Movies Today:

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

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

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

[6]

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

Movies to be released:

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

Tarantino on the film’s controversy:

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

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

The Los Angeles Times Review:

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

Oscar Buzz 2013:

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

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

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

“The Master” photo courtesy of google images

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

Weinstein on director Lee Daniels:

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

TWC in 2012:

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

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

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

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

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

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

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

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

Sources:

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

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