Cablevision vs Scripps Fight Over Food Network/HGTV Could Last Weeks Longer
UPDATE: Cablevision just gave me this hardball statement:
“We are sorry that Scripps’ current financial difficulties are making it impossible for them to continue our relationship on terms that are reasonable for Cablevision and our customers. We wish Scripps well and have no expectation of carrying their programming again, given the dramatic changes in their approach to working with distributors to reach television viewers.”
Scripps Networks Interactive made good on its threat from yesterday because of its war with Cablevision over programming fees. About 3 million subscribers are affected. Both channels have some special Sunday night programming scheduled, including an Iron Chef episode featuring ingredients from Michelle Obama's White House vegetable garden, so I suspect there'll be a surrender before then.
Carl Icahn Now Wants ALL Of Lionsgate
BURBANK, Calif., December 31, 2009—Advancing its strategy of delivering great branded content to people around the world, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of renowned character franchise company, Marvel Entertainment Inc (NYSE:MVL).
New York, New York – December 31, 2009 -- Marvel Entertainment, Inc. (NYSE: MVL), a global character-based entertainment and licensing company founded in 1939, announced that at a special meeting held this morning, Marvel stockholders approved the adoption of the Agreement and Plan of Merger entered into by Marvel and The Walt Disney Company (“Disney”), which provides for a
SUNDAY AM WRITETHRU: It's official: 20th Century Fox's week-old Avatar fell behind Friday, but was back on top Saturday, and easily beat Warner Bros' newcomer Sherlock Holmes for No. 1 this 3-day Christmas weekend in North American theaters. As usual, the Hollywood box office experts (who had predicted this to me last week but I doubted them) were right on the money. Avatar's take was $23.5M Friday and $28.5M Saturday for the $75M weekend with Sunday's estimate. As for Sherlock Holmes' numbers, the Guy Ritchie directed mystery thriller with Robert Downey Jr and Jude Law made $24.8M Friday and $22.5M Saturday for a slightly less than expected $66M weekend --though Sherlock is playing in 170 more theaters than Avatar, 3,626 vs 3,456.
It's 20th Century Fox vs 20th Century Fox. So reports big online ticketseller Fandango as of 11 AM PT. James Cameron’s Avatar continues to be a strong seller on Fandango (and 32% of Avatar filmgoers surveyed on the site say they’ll see it more than once). But Alvin and the Chipmunks: The Squeakquel is actually outselling the sci-fi epic in ticket sales today when it opens. Avatar is going into its 2nd weekend Friday. Also today Paramount's Up In The Air is opening wide. Fandango says The Squeakquel has turned out to be Fandango’s top family pre-seller of 2009. Its advance ticket sales were greater than advance ticket sales for Ice Age: Dawn of the Dinosaurs, Night at the Museum: Battle of the Smithsonian, Up, and The Princess and the Frog.
MONDAY PM EXCLUSIVE: I've learned that Liberty Media chairman John Malone and CEO Greg Maffei are installing former HBO chairman/CEO Chris Albrecht as head of Starz. Sources tell me Albrecht's title will be CEO (and maybe also president), and the announcement could come as soon as this week. Starz previous CEO Robert Clasen is retiring.
Albrecht's appointment is further proof that Starz is fast-tracking its move into more original programming, which was Albrecht's specialty at HBO ffor 22 years beginning in 1985. In 2007, Albrecht was asked to resign before the Time Warner shareholders meeting after his arrest for allegedly assaulting a woman in Las Vegas brought previous accusations to light in the media. Despite his personal problems, which his pals say he has now overcome, Albrecht is considered a creative and management genius --and just what Starz needs to bring it to the next level.
Dallas, TX – December 21, 2009 – Rave Cinemas, LLC (“Rave”), a newly formed company, announced that earlier this month it reached a definitive agreement with National Amusements, Inc. (“NAI”) to purchase the business operations and selected real estate assets of up to 35 NAI theaters and that it closed on the acquisition of an initial group of 29 of those theaters. Concurrently, the company acquired the business operations of four theaters from Boston Ventures-owned Rave Reviews Cinemas, L.L.C. (“RRC”), together with RRC’s corporate infrastructure and the Rave Motion Pictures brand. RRC will retain 21 of its existing theaters, which will be managed by Rave under a management services agreement. The day-to-day business and operations of Rave will be managed by RRC’s former management team, which partnered with equity sponsor TowerBrook Capital Partners L.P. (“TowerBrook”) and co-investors Lambert Media Group (“Lambert Media”) and Charles B. Moss, Jr. to found Rave and pursue the NAI and RRC acquisitions.
News Corp insiders tell me: "Our negotiations screeched to a standstill Friday night. We’re at an impasse over a highly restrictive (and unusual) provision in their 'must sign NDA [Non-Disclosure Agreement]'. So who knows what will happen next? But for now it’s 'Pens Down'." This isn't good news for the embattled film studio MGM which has been teetering on the brink of bankruptcy because of its crushing $4 billion debt. So it's on the block and sent confidentiality agreements to about 20 interested parties last month including News Corp, Time Warner, Lionsgate, Sony, etc. (Also, see my previous
Paramount and MTV Films announced today that they've greenlit the 3rd installment of JACKASS in "eye-popping 3D" for release on October 15, 2010. It begins shooting in late January with Dickhouse Production’s Jeff Tremaine directing yet again and producing alongside Spike Jonze and Johnny Knoxville. Said the star in the statement, "We're going to take the same 3D technology James Cameron used in AVATAR and stick it up Steve O's butt. We're taking stupid to a whole new dimension.” (His mother must be so proud...)