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Movie Academy Invites 271 New Members

Movie Academy Invites 271 New MembersThe Oscar organization has unveiled its annual invitees list for 2014. Check out the release below:

LOS ANGELES, CA – The Academy of Motion Picture Arts and Sciences is extending invitations to join the organization to 271 artists and executives who have distinguished themselves by their contributions to theatrical motion pictures. Those who accept the invitations will be the only additions to the Academy’s membership in 2014. “This year’s class of invitees represents some of the most talented, creative and passionate filmmakers working in our industry today,” said Academy President Cheryl Boone Isaacs. “Their contributions to film have entertained audiences around the world, and we are proud to welcome them to the Academy.”

The 2014 invitees are:

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Jeff Robinov Back With Investment From Fosun Int’l; Others In Mix As Studio 8 Looks To Set Up At Sony

Jeff Robinov Back With Investment From Fosun Int’l; Others In Mix As Studio 8 Looks To Set Up At SonyBREAKING: Jeff Robinov’s back and with an investment from Fosun International Ltd. which will help finance his war chest that brings in a total of what sources say is a combined equity/debt structure of around $1B. Fosun just filed their paperwork with the Hong Kong stock exchange, stating that it entered the agreement on June 6.

Details of the Fosun deal structure is, as yet, unknown as the company did not disclose it nor have they disclosed any governance issues, the deal breakdown of how much equity vs. debt. In other words, its as ambiguous as can be at the moment. It is also understood that RobImage (1) Sony-Pictures-logo__130125035333-200x312-1__140530164135.jpg for post 738072inov is in talks with other possible financial partners as well. Huayi Brothers still could be involved in the final deal as a distributor in certain territories and Robinov is also talking to European investors. The entire financial structure of the deal is currently being worked out, sources said.

Meanwhile, Fosun said in its filing, “pursuant to the Agreement, the company will exercise significant influence over the distribution arrangements of movies produced by Studio 8 in the mainland of China, Hong Kong, Macau and  Taiwan regions.” They also just put out a press release which is translated from Chinese that states through its investments, the deal gives Fosun the opportunity to share “Chinese elements and stories in Studio 8′s Chinese co-productions and wants to “build a global culture platform covering movie, entertainment, culture … Read More »

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LA Film Festival: Clint Eastwood’s ‘Jersey Boys’ Gets Closing Night Send-Off With Rousing Premiere

By | Friday June 20, 2014 @ 2:27am PDT
Pete Hammond

The Los Angeles Film Festival ended  Thursday night on a high note (a really high note, in fact) at LA Live with the premiere of Clint Eastwood‘s movie version of the smash Broadway jukebox musical, Jersey Boys which has been running nearly a decade — and with no end in sight. The film, which I thought was terrific but very different from what I saw on stage, will almost certainly goose the sales of the play. The conventional wisdom used to be that when a movie came out, the live show was toast. But in recent years Chicago, The Phantom Of The Opera, Mamma Mia!, and even Rock Of Ages have flourished on Broadway long after their film counterparts have come and gone. I expect no different from Jersey Boys; in this case there might even be more interest since both are really different animals telling the same story. And what a story it is. So far, critical reaction has been divided down the middle, but I guess it all depends on your life experience. Eastwood isn’t exactly known for doing musicals (and let’s not remember his acting role in 1970′s flop Broadway transfer Paint Your Wagon, where he sang “to the trees”). But he has a strong musical sense (having directed the Charlie Parker biopic, Bird and scored many of his own films as well as being a well-known jazz aficionado). This story of the rise to stardom of Frankie Valli and The Four Seasons from the tough neighborhoods of Jersey has been given grit and … Read More »

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Golden Trailer Awards: ‘Gravity’ Wins Best Of Show; Warner Bros Tops Studios

By | Friday May 30, 2014 @ 9:45pm PDT

GravityThe “Detached” trailer for Alfonso Cuaron’s awards-season favorite Gravity floated away with the top honor at tonight’s Golden Trailer Awards. The pic scored Best of Show and scooped up three other nods including Best Drama Poster and thriller TV spot. Godzilla and The Hunger Games: Catching Fire also scored four wins. Gravity distributor Warner Bros went into the 15th annual trophy show with a league-leading 51 nominations and came away with 15, the most for any studio. Universal (along with Focus) was second with nine wins, followed by Lionsgate with eight. Top trailer and creative vendors in the 2014 race included Ignition, whose Golden Trailer Awards Winners 2013work was honored in 14 different categories. Buddha Jones earned 7 awards, and Trailer Park was next with six. The judge panel included Frozen co-director Chris Buck, actor Adam Driver, Entourage creator Doug Ellin and castmember Debi Mazar, Raising Hope’s Garret Dillahunt, Divergent helmer Neil Burger, andSnow White And The Huntsman writer Evan Daugherty. Jay Mohr hosted the show from the Saban Theatre in Beverly Hills, at which 17 of the 75 awards were handed out. Here’s the Best of Show-winning Gravity trailer. A complete list of 2014 Golden Trailer Award winners follows:

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Cannes: Sun Shines On French Riviera As World’s Most Famous Film Festival Gets Ready To Roll Out The Red Carpet

By | Tuesday May 13, 2014 @ 5:15pm PDT
Pete Hammond

On my way in from the Nice Airport today the driver flatly predicted this would be a Cannes Film Festival without rain and that, just like today, the Cannes2014_badgesun would be shining non-stop on this most famous of film festivals. The reason he said it is because for the last several years Cannes has been plaugued with rainstorms literally raining on this parade of the best in world cinema. Last year’s opening night for The Great Gatsby was a virtual flood as partygoers tried to avoid the drips in the tent Warner Bros erected and had to hightail it over deep puddles of water just to get inside. I for one hope this driver is right and the festival that started 67 Guests arrive under pouring rain for theyears ago as a valentine to cinema, sun and glamour can retain that reputation. Time will tell on that, but what is the forecast for the movies themselves, and the market they inspire? So far there is no consensus on whether this will be a Cannes to remember or one that brings in enthusiastic buyers. But there are so many titles I want to see — spread over the various competitions associated with Cannes — that  it is already becoming a Solomon’s Choice in terms of picking and choosing.

Related: Cannes: Could This Year’s Lineup Lead All The Way To Oscar?

grace-of-monaco-cannes-01242014-100439Grace Of Monaco is opening the fest Wednesday night and it is already bathed in controversy between a version opening in France vs. one The Weinstein Company planned to open for American audiences.  The version being shown on opening night is said to be somewhere in between the original darker cut of director Olivier Dahan’s and the more accessible path reportedly preferred by Harvey Weinstein. It’s still not clear what will happen to the film starting Nicole Kidman as iconic film star-turned-Princess Grace Kelly in terms of a U.S. release as Weinstein Co still has not officially announced plans. But I am told Harvey Weinstein will not be arriving in Cannes until after the official opening anyway, so any awkward moments on the red carpet look like they will be avoided. But Monaco’s Royal Family has also been very vocal about its opinions on the film (although it’s not quite clear if they have seen it) and have publicly denounced it. Nevertheless it could be an interesting start to the festival that promises a little something for everyone. It will be Kidman’s third Cannes in a row having been here for two films, The Paperboy and Hemingway & Gellhorn in 2012; as a juror last year; and now opening the fest.

Related: Hot Trailer: ‘Grace Of Monaco’

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Warner Bros Garners Most Golden Trailer Award Noms

By | Tuesday May 6, 2014 @ 11:19am PDT
Mike Fleming

goldWarner Bros set the pace for the biggest number of nominations in the 15th annual Golden Trailer Awards, which will be presented May 30 at the Saban Theater. The awards cover the gamut of trailers, and Warner Bros, with 51 noms for films including Gravity, The Lego Movie, Godzilla and The Hobbit: The Desolation Of Smaug, set the pace. Universal is second with 32 nominations including Focus Features, for movies that include A Million Ways To Die In The West, Lone Survivor, The Purge and Despicable Me 2. Right behind them is Fox, which includes Searchlight, and which got 31 noms for films that included The Secret Life Of Walter Mitty, Rio 2 and How To Train Your Dragon 2. Lionsgate got 30 noms and Disney came in with 23. The judge panel includes Frozen co-director Chris Buck, actor Adam Driver, Entourage creator Doug Ellin and castmember Debi Mazar, Raising Hope’s Garret Dillahunt, Divergent helmer Neil Burger, and Evan Daugherty, writer of Snow White And The Huntsman. Here are the nominees in main categories:

Best Action
Brick Mansions “Clash”, Relativity Media, Ignition
Captain America: The Winter Soldier “Fear”, Disney, Trailer Park
Edge of Tomorrow “Believe Again”, Warner Bros., Wild Card
The Hunger Games: Catching Fire “World Event”, Lionsgate, Trailer Park
Star Trek Into Darkness “Illusion”, Paramount Pictures, TRANSIT

Best Animation/Family
Frozen “Forces First Ped”, Disney, Trailer Park
How To Train Your Dragon 2 “Master”, 20th Century Fox, Aspect Ratio
The Lego Movie “The Special”, Warner Bros., TRANSIT
Muppets: Most Read More »

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Sony Pictures Nears Co-Finance Deal With Village Roadshow

By and | Monday May 5, 2014 @ 1:13pm PDT

village roadshow sonyThe supplementary financing deal between Village Roadshow Pictures and Sony Pictures Entertainment won’t trump Village Roadshow’s longtime co-financing partnership with Warner Bros., whose first-look deal most recently yielded the blockbuster $450M animated hit The Lego Movie.

Deadline previously reported that SonyEntertainment CEO Michael Lynton was looking for other co-financing partners and, in fact, are ready to go with former Warner Bros. president Jeff Robinov when his financing comes together and that will be a coup. Two of the films Robinov had the insight to shepard — 300: Rise of an Empire and The Lego Movie — together have already generated over $1B worldwide for WB this year. Sony already sealed a big $200M deal with Lone Star Capital and Citibank — half debt and half equity — which Deadline reported exclusively last month. It is a multi-year agreement to co-finance the majority of their films for the next several years.

The deal with Village Roadshow is imminent but will finance only a small percentage of a few pictures — not below 25% on each. A key deal point is that Sony will continue to keep most of its territories internationally as Village Roadshow operates in only a few territories, so the deal includes Australia, New Zealand and Singapore.

Village Roadshow have deep pockets to finance and the deal covers select films on a picture-by-picture basis, starting with an initial quartet of upcoming titles: Antoine … Read More »

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2013 Most Valuable Blockbuster – How The Minions Came To Rule Hollywood

Mike Fleming

Well, now that Universal‘s Despicable Me 2 has proven itself 2013′s Most Valuable Blockbuster, the film’s impresario, Illumination Entertainment founder Chris Meledandri (below), deserves to take a victory lap. More seriously, the tournament was conducted to give a clearer idea, beyond the weekend and annual box office standings, of the profits and Total Cash on Cash returns that films generate. These are the factors that keep studios in business and keep co-financiers coming back for more. As a final cap, Deadline Hollywood provides readers with the revenue and costs charts of all 16 films that participated in the inaugural tournament. This data was always expected to be the most memorable part of this exercise.

Despicable Me 2 Chris Meledandri Profit

As a refresher, here’s how our tournament played out, with links to each game: Read More »

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2013 Most Valuable Blockbuster Championship Game – #1 ‘Iron Man 3′ Vs. #3 ‘Despicable Me 2′

By | Thursday March 27, 2014 @ 3:08pm PDT
Mike Fleming

Iron Man 3 Despicable Me 2 ProfitIt’s tipoff time for the championship matchup to determine Deadline’s Most Valuable Blockbuster of 2013. Stay tuned for our version of the postgame show, where we peel the curtain back on the data we commissioned from insiders to determine just how profitable a movie really is.

DeadlineBracket_Final

The Matchup: After surviving a bruising battle with #5 seed The Hunger Games: Catching Fire, #1 Iron Man 3 takes the court against #3 Despicable Me 2, a film that came through a pick ‘em matchup with #2 seed Frozen. Read More »

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CinemaCon: ‘X Men’, Other Women, Lots Of Girls And An Ape Steal The Show At 20th’s Big Vegas Show

Pete Hammond

With a chorus line of 40 Samba-dancing Vegas showgirls parading through the audience to the stage for a performance of a song from the upcoming CinemaCon2014_badgeRio 2 (4/11), 20th Century Fox got its CinemaCon presentation off in style. And the studio earned high marks for attempting to put a little showmanship that has been missing from some other presentations this week. Hey this is Vegas. Let’s liven it up, folks. And Fox did.

CinemaCon 2014 - 20th Century Fox Special Presentation Highlighting Its Future Release Schedule This is not to say the rest of their “show” was not all about showing off footage from their 2014 slate. It was, but clearly they put a lot of work into impressing these theatre owners who responded strongly to what Fox was offering. Distribution President Chris Aronson appeared with a feather headdress on (he looked pretty hot) but quickly took it off for a more corporate look as he welcomed the crowd and got things rolling including those previously reported remarks regarding NATO ‘s John Fithian and 12 Years A Slave. He pointed out that the studio’s total worldwide boxoffice was $3.39 billion, the fifth consecutive year they have exceeded the $3 billion mark. He then introduced 20th’s Chairman Jim Gianopulos who expertly hosted the event as he does each year, actually managing to sound like he’s not reading stuff off a prompter – an art both he and Disney’s M.C. Alan Horn have mastered. He launched right into it by announcing “we are starting summer in April this year” and bringing on Cameron Diaz and Leslie Mann to introduce clips of their comedy The Other Woman. Then it was time for the “tentpoles” as he intro’d a clip package featuring the opening scene and trailer from X Men: Days Of CinemaCon 2014 - 20th Century Fox Special Presentation Highlighting Its Future Release Schedule Future Past (5/23), extended footage from How To Train Your Dragon 2 (6/13) from their partnership with DreamWorks Animation and a harrowing scene from Dawn Of The Planet Of The Apes (7/11) , the latter really whetting the exhibitors appetite. Let’s just say it involves a couple of drunk guys, a playful-seeming ape and an Uzi. Wow. Even Shailene Woodley, star of  20th’s June 6th romantic drama The Fault In Our Stars, said she was still shaking from the Apes footage when Gianopulos brought her on. Read More »

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CinemaCon: Christopher Nolan Warns Theatre Owners: How ‘Interstellar’ Is Presented Will Be More Important Than Any Film He’s Done Before

By | Wednesday March 26, 2014 @ 3:56pm PDT
Pete Hammond

The large graphic hovering above today’s CinemaCon luncheon filmmaker interview event said “Interstellar THE WORK OF CHRISTOPHER CinemaCon2014_badgeNOLAN“, but any theatre owner who was there anxious to get details of the blockbuster filmmaker’s latest learned very little. Nolan said he is still involved in his favorite part of the process – putting the first cut of Interstellar together – and wants to keep it all under wraps for now. He did praise star Matthew McConaughey’s work just as he did when I saw him at an event on the Paramount lot last week. Today he told the crowd he cast the brand new Oscar winner because he has a sort of “everyman”  the audience could see the story through, saying he got interested in him particularly after seeing Mud. He also said his brother Jonah had MatthewMcConaughey-2__140303064225-150x150actually written the initial script and that he became involved years later incorporating other ideas and elements that shaped the final screenplay. But in terms of real scoops we got none. “Really it’s about travel to other places we couldn’t reach through travel through space because the time expanse is far beyond anything we could conceive of,” was the most detailed description moderator Todd McCarthy could wrest out of him in a 50-minute interview, despite repeated tries. Read More »

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2013 Most Valuable Blockbuster Final Four – #2 ‘Frozen’ Vs. #3 ‘Despicable Me 2′

By | Wednesday March 26, 2014 @ 1:42pm PDT
Mike Fleming

We are down to the nitty gritty on Deadline’s search for Despicable Me 2 Frozen Profit2013’s Most Valuable Blockbuster. This is the second of our two showdowns today. Fueled by the numbers furnished by our insiders, we’ll find out just how profitable a movie really is.

DeadlineBracket_FinalFour

TODAY’S OTHER FINAL FOUR MATCHUP
#1 ‘Iron Man 3′ Vs. #5 ‘The Hunger Games: Catching Fire’

The Matchup: The battle of the year’s biggest animation film hits pits the year’s second-highest global gross film Frozen against Universal and Chris Meledandri’s Illumination Entertainment’s hit Despicable Me 2, the year’s third-highest global grossing film. To get here, Frozen beat The Great Gatsby and Monsters University, while Despicable Me 2 beat Star Trek Into Darkness and Fast & Furious 6.

The Box Score: What the numbers say.

The Bottom Line: This is tougher than the other Final Four matchup — and that’s saying something. Read More »

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Late Scribe Budd Schulberg Signs With Gersh

By | Wednesday March 26, 2014 @ 11:27am PDT
Mike Fleming

schulbergOn the centennial anniversary of the birth of Oscar-winning On The Waterfront and A Face In The Crowd writer Budd Schulberg, his widow Betsy Schulberg has signed with Gersh to rep his estate. He died at 95 in 2009. The agency plans to steer several adaptations of his novels and reboots of his classic works. Schulberg wrote the Oscar-winning script for Elia Kazan’s On The Waterfront, and the novels What Makes Sammy Run?, The Disenchanted and The Harder They Fall. The son of a powerful Paramount exec, Schulberg had a boisterous and highly eventful life with his share of controversy. He famously became a friendly witness at the House Un-American Activities Committee, testifying about his time as a member of the Communist Party and naming eight Hollywood colleagues who were also members. He also served in the OSS in WWII and reportedly compiled evidence against and arrested Nazi propagandist director Leni Reifenstahl.

waterfront“Without Budd Schulberg, the Hollywood that we know of today wouldn’t exist, as he created the paradigm for what success stands for in this business as a writer and creative talent,” said Gersh co-head Bob Gersh. “He was an American treasure and a Hollywood legend, and we couldn’t be more pleased at Gersh to work with his estate on future projects that will entertain and inform audiences for generations to come.”

Schulberg’s son Benn is shooting a docu on his dad, Hollywood Renegade: The Many Loves Of Budd Schulberg, which was produced by Stephen Nemeth and executive produced by Ben Stiller and Spike Lee. Stiller long planned to direct a version of What Makes Sammy Run?, planning to play Hollywood hustler Sammy Glick. “Budd Schulberg lived Hollywood history, and chronicled it all,” said Stiller. “He was not one to shy away from controversy, and his work as a writer captured an era in 20th century America that is now fading away. Sammy remains the prototypical Hollywood novel and probably always will.” Read More »

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2013 Most Valuable Blockbuster Final Four – #1 ‘Iron Man 3′ Vs. #5 ‘The Hunger Games: Catching Fire’

By | Wednesday March 26, 2014 @ 10:00am PDT
Mike Fleming

We are down to the nitty gritty on Deadline’s search for Hunger Games Catching Fire Iron Man 3 Profit2013’s Most Valuable Blockbuster. This is the first of two showdowns today. Fueled by the numbers furnished by our insiders, we’ll find out just how profitable these movies really are.

DeadlineBracket_FinalFour

OTHER FINAL FOUR MATCHUP
#2 ‘Frozen’ Vs. #3 ‘Despicable Me 2′

The Matchup: This battle between Katniss Everdeen and Tony Stark puts the year’s highest domestic-grossing film, The Hunger Games: Catching Fire, against Iron Man 3, which turned in the highest offshore gross.

The Box Score: What the numbers say.

Robert Downey Jr Iron Man 3

The Bottom Line: #1 seed Iron Man 3 got here by beating The Conjuring and Gravity, while #5 The Hunger Games 2 beat World War Z and turned in an upset by besting The Hobbit: The Desolation Of Smaug. According to our experts, Robert Downey Jr received first-dollar gross at around $10 million against 10%, putting his payday around $73 million. The film was the year’s top worldwide grosser with $1.2 million and clocked in as the fifth-highest-grossing film of all time, trailing only Avatar, Titanic, The Avengers and the Harry Potter finale. It had the ninth-biggest foreign opening weekend of all time, and the sixth-largest worldwide opening ever. It completely righted the stumble that was Iron Man 2. On the downside, Marvel owed this movie to Paramount as part of that original financing and distribution agreement, so Paramount, which did the marketing and distribution, took in a 9% fee that amounted to $89 million. The film had a net production cost of $200 million, and the global P&A spend was $130 million worldwide.

Hunger Games Catching Fire Box OfficeThe Hunger Games: Catching Fire set records of its own. It crushed past records for a Thanksgiving holiday opener — both for weekend and the five-day holiday period. Its $71 million opening day was the seventh-best domestic opening single day total ever, and its $158 million opening weekend was the sixth-highest opening weekend in movie history. Because Lionsgate pre-sells foreign (much like New Line did for The Lord Of The Rings trilogy and Summit did with Twilight Saga), the mini-major doesn’t reap the full dividends of its international performance the way Disney did on Iron Man 3, and star Jennifer Lawrence was paid $10 million upfront against backend. Between her, Liam Hemsworth, Josh Hutcherson and director Francis Lawrence, our experts place the participations at $21 million. The film had a net production cost of $130 million, and Lionsgate spent $50 million for domestic P&A.

The Winner: This is a tough one. Read More »

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2013 Most Valuable Blockbuster – #7 ‘Monsters University’ Vs. #2 ‘Frozen’

By | Tuesday March 25, 2014 @ 3:00pm PDT
Mike Fleming

Monsters University Frozen ProfitThe final eight films in Deadline’s Most Valuable Blockbuster movie tournament face off today. This is the fourth of our quarterfinal matchups and for the first time we reveal the numbers behind the numbers that show just how profitable a movie really is.

DeadlineBracket_2ndRound

Monsters-Frozen (2)The Matchup: Another intramural battle, this time at Disney. Monsters University, which beat another Disney film, Thor: The Dark World, in Round 1, turned in the seventh-highest domestic gross of 2013 films, and was the sixth-highest-grossing film offshore. Its $82 million opening was the second biggest for a Pixar film, was the second largest among G-rated films, and fifth largest for animated films all time. Frozen’s opening was obscured a bit by the record-breaking Thanksgiving weekend opening of The Hunger Games: Catching Fire, but it too broke existing records for that holiday. And it just kept going, outpacing The Hobbit sequel and winning the Oscar for Best Animated Feature and another for Best Original Song in “Let It Go.” Its $1.03 billion gross made it the second highest for the year. It handily bested The Great Gatsby in Round 1.

The Box Score: Here are the costs and revenues as our experts see them.

The Bottom Line: Monsters University didn’t do as well as predecessor Monsters, Inc. on the domestic front, but the film … Read More »

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2013 Most Valuable Blockbuster – #6 ‘Fast & Furious 6′ Vs. #3 ‘Despicable Me 2′

By | Tuesday March 25, 2014 @ 1:00pm PDT
Mike Fleming

Fast & Furious 6 Despicable Me 2 ProfitThe final eight films in Deadline’s Most Valuable Blockbuster movie tournament face off today. This is the third of our quarterfinal matchups and for the first time we reveal the numbers behind the numbers that show just how profitable a movie really is.

DeadlineBracket_2ndRound

Fast6-Despicable-meThe Matchup: This amounts to an internal skirmish within Universal Pictures, between the studio’s most dependable franchise and its next one. Can Gru and a bunch of adorable minions in Despicable Me 2 outmuscle the muscle cars and cast of Fast & Furious 6 including Vin Diesel, Dwayne Johnson, Paul Walker, Jason Statham and Tyrese? Luckily for the Minions, this doesn’t involve bench-pressing. Game On.

The Box Score: Here is how the two films project in revenue and costs.

Vin Diesel

The Bottom Line: Fast 6 got here by besting another animated film in the #11 seed The Croods. Despicable Me 2 cruised past #14 film Star Trek Into Darkness. While Despicable Me 2 showed significant improvement over its first film, Fast 6 has steadily built its gross, to the point where its sixth film was the highest grosser both domestically and overseas. But here is where the Minions deliver a beat-down. Read More »

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2013 Most Valuable Blockbuster – #5 ‘The Hunger Games: Catching Fire’ Vs. #4 ‘The Hobbit: Desolation Of Smaug’

Mike Fleming

Hobbit Desolation Of Smaug Hunger Games Catching Fire ProfitThe final eight films in Deadline’s Most Valuable Blockbuster movie tournament face off today. This is the second of our quarterfinal matchups and for the first time we reveal the numbers behind the numbers that show just how profitable a movie really is.

DeadlineBracket_2ndRound

Hunger-Games-HobbitThe Matchup: There are similarities here that go beyond each of these being the second installment of huge global franchises. How huge? MGM, which was frozen in suspended animation not that long ago, is flush and considering an IPO because of the fortunes derived from its share of The Hobbit franchise, and James Bond. On the other side, The Hunger Games is doing for Lionsgate what The Twilight Saga did for its merger partner, Summit Entertainment. It is driving the fortunes of those combined companies, emboldening its creative team to take chances on building new YA franchises as it did with the weekend’s top-grossing film Divergent.

The Box Score: Here is how the films compare in revenue, ancillary projections and profits.

Read More »

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2013 Most Valuable Blockbuster – #1 ‘Iron Man 3′ Vs. #8 ‘Gravity’

By | Tuesday March 25, 2014 @ 9:00am PDT
Mike Fleming

Gravity Iron Man 3 ProfitThe final eight films in Deadline’s Most Valuable Blockbuster movie tournament face off today. This is the first of our quarterfinal matchups and for the first time we reveal our numbers behind the numbers that show just how profitable a movie really is.

DeadlineBracket_2ndRound

Iron-Man-GravityThe Matchup: The top grossing film of 2013, Iron Man 3, opened the tournament by squeaking past The Conjuring, a low-cost movie with no gross outlay that ranks among the highest profit ratio films of the year. Iron Man 3 advanced anyway, and faces off against Gravity, the great anomaly of 2013, a film that most studios would not have made. Gravity made it out of the first round by besting #9 seed Man Of Steel.

The Box Score: Here is how the films stack up against one another, in revenues (some of which have been projected by our experts in ancillary categories), and then costs.

The Bottom Line: Gravity is a remarkable achievement. Consider that its $56 million domestic opening gross was the best ever for an October release. And while moviegoers often regard 3D — especially those shot in 2D and converted after the fact — to be a gimmick designed to dig deeper into their pockets for higher movie ticket prices, they recognized that Gravity was an exception. Read More »

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UPDATE: Paradigm & Frank Balkin Reach Agreement On Balkin’s Exit To WPA

By | Tuesday March 25, 2014 @ 8:55am PDT

UPDATE, 8:55 AM: It wasn’t an easy break-up, but Frank Balkin confirms he and Paradigm have resolved their differences and he is now officially aboard at Worldwide Production Agency. Here’s Balkin’s statement: “I am thrilled to announce that I’ve joined Worldwide Production Agency as Partner and Head of Television. My colleague Brian Goldberg is making the transition as well, and both of us are ecstatic to be working with Steve Jacob, Richard Caleel, and the rest of our fantastic teammates at WPA as we collectively take the premiere agency for producers and production artisans to even greater heights.”

empphoto_9021_1265830368PREVIOUS EXCLUSIVE, FEB. 11 AM: Paradigm’s longtime production department co-head Frank Balkin, who reps below-the-line talent, has left the agency for a partnership at 3-year-old Worldwide Production Agency – but Paradigm is refusing to let Balkin out of his contract. paradigmsmall Nonetheless, Balkin is currently working out of the WPA offices as the dispute continues. At the same time, Paradigm is answering Balkin’s office phone saying that they are taking messages for him. Threats of litigation have been levied as Paradigm has apparently insisted he return to the agency, but progress has been made to let him out. I called Paradigm and asked about this about two weeks ago. At that time, Balkin was still working out of the Paradigm offices and the talent agency said they were hoping to work it out with him. Oh well. It’s unclear what Paradigm is hoping to get but commissions if the agent has already bailed. He had been with Paradigm for over a decade. Read More »

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