Tag Archives: the master

The Weinstein Company

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

This photo is courtesy of Google Images.

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

Telephone: (646) 862-3400 [1]

A Brief Overview

This photo is courtesy of Google Images

This photo is courtesy of Google Images.

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

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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/

The Weinstein Company

Posted on by 
by Mary Salmonsen

Company Logo (1)

About

The Weinstein Company is a production and distribution company focused on movie and television production. The Weinstein Company describes itself as producing “mainstream, genre, and specialty films”, and has a sub-imprint, Dimension Films, for self-defined “genre” movies. (2) The company is also partnered with Weinstein Books, a book publisher, Project Runway, a series produced by Weinstein, Chopard, a jeweler, L’Oreal, and Lexus Short Films (see Upcoming), a project between Lexus and The Weinstein Company. (3)

The Weinstein Company is located at 345 Hudson St., New York, NY, 10014. Its contact phone number is (646) 862-3400. (4)

Management 

Bob and Harvey Weinstein (5)

The company’s founders, brothers Bob and Harvey Weinstein, first founded Miramax, a film production company, in 1979. (2) During this period, some of their greatest successes were Pulp Fiction, Shakespeare in Love, Bridget Jones’s Diary, and Chicago. (6) The company was independent until 1993, when it was bought by Disney. Over the course of their professional tenure, the brothers have received 303 Oscar nominations and 75 Academy Awards for their films. (2)

The Weinstein Company’s President of Television is the former Miramax President of Production, Meryl Poster. Current investors in The Weinstein Company include Goldman Sachs, TF1 – a French television company – and WPP Group, an advertising firm. (4)

History

The Weinstein Company itself was founded in October of 2005, when Bob and Harvey Weinstein left Miramax after a falling-out with Disney. (4) The company absorbed Dimension Films, which Bob had founded in 1993. (2) Their first film release was Derailed in November of 2005,which grossed $57 million (7), and their first animated release was Hoodwinked, released in December of 2005, which grossed $51 million on a budget of $8 million. (8)

Michael Moore and Harvey Weinstein (10)

In February 2011, documentary filmmaker Michael Moore sued the Weinstein Company, alleging that the company had re-routed $2.7 million of the profits from his documentary Farenheit 9/11 that had been meant for him, among other accusations of wasteful spending. The case was settled in February 2012, and terms were not disclosed. (11) The Weinstein Company has also been sued over The Reader (see September 2012) and Escape From Planet Earth (see Upcoming).

August 2012

On August 10th, Vivek Shah, a largely unknown actor, was arrested for blackmailing Harvey Weinstein, among four others, and threatening to kill members of his family unless $4 million was wired to him. He is now being held without bail and if convicted could face 20 years in prison. (12)

This aside, the largest event for The Weinstein Company this month was the release of Lawless on August 29th. One week before its release, the Company attempted to drum up publicity for the film by tweeting about a redband trailer, viewable above. (13) The film, directed by John Hillcoat and starring Shia LeBoeuf, Tom Hardy, and Gary Oldman, was, according to a Hollywood Reporter article, “greeted politely [at Cannes] but didn’t capture any prizes.” (14) Its budget was approximately $26 million, and as of November 2012 it grossed $37 million domestically – a modest success. (15)

September 2012

(17)

On September 16, The Master, directed by Paul Thomas Anderson, had a limited art-house run, which brought in record-breaking numbers – $729,745 for the weekend, with a per-theater gross of $145,949. At Cannes the film was received as “ambitious and exciting” and some talk was made of the film’s inspiration in the form of L. Ron Hubbard and Scientology. (16)The film was released nationwide on September 23, with an opening weekend gross of $4.3 million. (17)

In the background of this hype, the Weinstein Company battled – and lost – another lawsuit, this one from Bernard Schlink, author of The Reader, the book on which the 2008 Weinstein film was based.  In the suit, which was filed in January, he claimed that the Weinstein brothers owed him over $1 million in movie profits based on the original film rights contract he had signed with Miramax in 1998. While The Weinstein Company claimed that this deal was never made, Los Angeles Superior court ruled in Schlink’s favor on September 21st. (18)

October 2012

On October 1, 2012, the Weinstein Company released an article about “The New Film By Quentin Tarantino”, which until then had only been previewed and promoted at Cannes. (16) Django Unchained, the “violent story of a slave (Jamie Foxx) on a mission to free his wife (Kerry Washington) from the plantation of the man who owns her (Leonardo diCaprio)”, was heavily inspired by Italian spaghetti westerns. (19) The film will be released on Christmas Day.

Throughout the month, The Weinstein Company continued to promote The Master. New York Times editorial writer A.O. Scott called it “the great polarizing puzzle-film of 2012, in no small part because it unfolds with what seems to be a total disregard for the audience’s expectations.” (20) The film did not quite live up to its art house promise in terms of ticket sales, however – it only grossed $15 million of its $35 million budget. (17) Members of the Church of Scientology also reacted negatively to the film, and made multiple harassing calls to the company, despite claims by lead actor Phillip Seymour Hoffman that “it’s not the L. Ron Hubbard story.” (21)

November 2012

The Company continued to release information about Django Unchained, and on November 13 they revealed on the company Twitter (22) that an official site had been made for the movie.

(23)

The largest release for Weinstein this month was Silver Linings Playbook, starring  Jennifer Lawrence of The Hunger Games fame and Bradley Cooper. The film won the People’s Choice Award at the Toronto International Film Festival and the award for Best Feature at the San Pedro International Film Festival. (24) Playbook had a limited 16-screen opening of $443,000 on November 18th, and was widely released on November 23rd. It has grossed $11 million of its $21 million budget thus far. (25)

Riding on the cottails of Playbook is Killing Them Softly, which stars Brad Pitt. The film was widely released in theaters on November 30th, and has grossed $7 million. (26) Released with far less fanfare on November 2nd was This Must Be The Place, starring Sean Penn. The film was only on 15 screens nationwide, and has thus far grossed only $128,000. (27)

Upcoming

The next project in store for The Weinstein Company is its partnership with the Lexus company to make Lexus Short Films (see About). On the front page of the project site, the project is explained: “To highlight the new look and feel of the brand, Lexus approached The Weinstein Company to produce a series of short films that will offer similar levels of inspiration to viewers.” (28) Five directors will come together to make these films, which will be released in early 2013.

(31)

Another large forthcoming event is the Escape From Planet Earth, due out in February of 2013 in the midst of a lawsuit surrounding its production. In March of 2011, Brian Inerfeld and Tony Leech, filmmakers of Hoodwinked and Escape, sued The Weinstein Company for over $54 million over claims that the brothers, Harvey in particular, had botched Escape by canceling and reinstating the project multiple times, ordering 17 script rewrites, and eventually firing Inerfeld and Leech from the project, among other accusations. (29) Desperate to avoid bad publicity at the time when The King’s Speech, a large Weinstein success at this time, was due to receive an Academy Award for Best Picture, the Weinstein brothers attempted to pay Inerfeld and Leech $500,000 to keep quiet until after the Oscars were over. The suit is still in settlement, and the current version of Escape was directed by Cal Brunker and written by Brunker and Bob Barlen. (30)

Footnotes

  1. The Weinstein Company, “Publicity Materials.” http://www.twcpublicity.com
  2. The Weinstein Company, “About Us.” http://weinsteinco.com/about-us/
  3. The Weinstein Company. http://weinsteinco.com
  4. Hoovers, “The Weinstein Company LLC Company Information.” http://www.hoovers.com/company-information/cs/company-profile.The_Weinstein_Company_LLC.ec1a5102f95ba0bd.html
  5. Michael Buckner/Getty Images
  6. Miramax, “About Us.” http://www.miramax.com/about
  7. IMDB, “Derailed.” http://www.imdb.com/title/tt0398017/
  8. IMDB, “Hoodwinked.” http://www.imdb.com/title/tt0443536/
  9. http://articles.nydailynews.com/2011-02-03/gossip/27738705_1_miramax-movies-harvey-and-bob-weinstein-ron-tutor
  10. Kevin Winter/Getty Images
  11. http://www.hollywoodreporter.com/thr-esq/michael-moore-harvey-weinstein-fahrenheit-911-lawsuit-291581
  12. http://news.yahoo.com/harvey-weinstein-extortion-plot-d-list-actor-allegedly-110610260–abc-news-topstories.html
  13. https://twitter.com/WeinsteinFilms/status/238036273019887616
  14. http://www.hollywoodreporter.com/race/midyear-awards-report-weinstein-analysis-358212
  15. IMDB, “Lawless”, http://www.imdb.com/title/tt1212450/
  16. http://www.thewrap.com/movies/article/cannes-weinstein-preview-django-unchained-master-and-silver-linings-playbook-40911
  17. IMDB, “The Master.” http://www.imdb.com/title/tt1560747/?ref_=fn_al_tt_2
  18. http://www.businessinsider.com/the-weinstein-co-wont-be-able-to-avoid-the-reader-1-million-lawsuit-2012-9
  19. http://weinsteinco.com/news/quentin-tarantino-tackles-old-dixie-by-way-of-the-old-west-by-way-of-italy/
  20. http://www.nytimes.com/2012/11/25/movies/films-dispense-with-storytelling-conventions.html?pagewanted=all&_r=0
  21. http://www.huffingtonpost.com/2012/09/10/scientologists-criticize-the-master-harass-its-distributor_n_1872109.html
  22. https://twitter.com/WeinsteinFilms/status/268429760135303168
  23. The Weinstein Company, “Films.” http://weinsteinco.com/films/
  24. http://silverliningsplaybookmovie.com/
  25. http://www.boxofficemojo.com/movies/?id=silverliningsplaybook.htm
  26. http://www.boxofficemojo.com/movies/?id=coganstrade.htm
  27. http://www.boxofficemojo.com/movies/?id=thismustbetheplace.htm
  28. http://www.lexus-global.com/lexusshortfilms/
  29. http://www.nypost.com/p/news/local/weinstein_brothers_papers_hush_money_KUn59DBaNPppP2CZCX9VhK
  30. http://www.hollywoodreporter.com/thr-esq/weinstein-co-escape-from-planet-earth-screening-345562
  31. http://www.imdb.com/title/tt0765446/