|
|
 |
UNITED AND PARAMOUNT BREAKING UP UIP
Wednesday, September 7 2005
|
Universal and Paramount agreed on Tuesday to put into action a plan that would break up their joint overseas distribution company, United International Pictures, over the course of two years. Initially Paramount will own and operate the business in Australia, Brazil, Britain, France, Ireland, Mexico and New Zealand while Universal will do so in Austria, Belgium, Germany, Italy, the Netherlands, Russia, Spain and Switzerland. During the two years, Universal would set up a distribution network in Paramount's territories while Paramount would do the same in Universal's territories. Universal Chairman Marc Shmuger said in a statement, "This represents a shift of strategy so that we can run our own businesses more effectively. If we directly own and operate our distribution in key territories. ... For all of us who worked and will continue to work with UIP, this brings mixed emotions. It marks the end of an era."
|
MARVEL CHANGES NAME, TALKS ABOUT FILM PLANS
Tuesday, September 6 2005
Marvel
Enterprises,
whose
superheroes
have
experienced
mixed
success
at
the
box
office,
announced
Monday
that
it
is
changing
its
name
to
Marvel
Entertainment
and
that
it
plans
to
finance
its
own
movies
based
on
its
characters.
While
some
of
its
superhero
characters
have
taken
up
residence
at
Miramax's
facilities
in
Burbank,
CA,
others
are
no
doubt
chomping
at
the
bit
for
action.
They
include:
Captain
America,
the
Avengers,
Nick
Fury,
Black
Panther,
Ant-Man,
Cloak
&
(more)
WHY THE SLUMP?
Wednesday, August 24 2005
The
summer
movie
season,
which
officially
ends
on
Labor
Day,
Sept.
5,
is
expected
to
produce
box-office
results
9
percent
below
those
of
2004
and
attendance
figures
11.5
percent
below,
according
to
box-office
tracker
Exhibitor
Relations.
In
separate
interviews
with
today's
(Wednesday)
New
York
Times
studio
executives
generally
acknowledged
that
the
downturn
could
be
attributed
to
unexceptional
and
unexciting
films.
New
Line
Cinema
Chairman
Robert
Shaye,
whose
studio
produced
Wedding
Crashers,
one
of
the
summer's
(more)
|
 |
|
|