The prop weapon created for Star Trek‘s William Shatner was only expected to bring in $50,000 on the auction block. But Saturday’s $231,000 score led a slew of film-related memorabilia sales at Hollywood Legends’ two day auction, Reuters reports. Also sold: The alien survey buggy from Alien snagged $10,625, Christopher Reeve’s Superman IV costume went for $25,000, and Marilyn Monroe’s Some Like It Hot bra fetched $28,125.
A piano used in the Humphrey Bogart-Ingrid Bergman film Casablanca sold for just over $600,000, Reuters reported. Bids of between $800,000 and $1 million had been predicted. The 58-key upright piano on which actor and singer Dooley Wilson performed “As Time Goes By” sold at Sotheby’s for $602,500 including commission. Bergman’s memorable lines included “Play it once, Sam, for old times’ sake, play ‘As Time Goes By’.” Sotheby’s in 1988 had sold the piano to a Japanese collector who paid $154,000. Yesterday’s buyer was not identified.
The Panavision PSR 35mm camera that George Lucas used for principal photography on the first Star Wars movie in 1977 was sold at auction over the weekend for $625,000, a record price for a movie camera. The winning bid came during an auction of Debbie Reynolds Hollywood memorabilia auction put on by Profiles in History. The lot featured a complete camera package: two 1000-foot. magazines, a Panaspeed motor, matte box, follow focus, a Moy geared head, an Italian-made Elemack camera dolly and lens. The camera was fully restored and is in working condition.
Mark Cuban told Bloomberg today that he is “just testing the waters” by putting his distribution company Magnolia Pictures and exhibition chain Landmark Theatres up for sale. Regardless, there will be an auction for two of the divisions in Cuban and Todd Wagner’s 2929 Entertainment, which also houses the pair’s cable channel HDNet. Bidders are expected to file offers next week, a source told Bloomberg. “We won’t sell unless the offer is very, very compelling,” Cuban said. Landmark has 55 theaters and 245 screens in 21 cities. Magnolia distributes indie films in theaters and via video-on-demand.
UPDATE, 2 PM: An investor group led by Carl Icahn made a leading bid of $310.6M for Blockbuster today in U.S Bankruptcy Court in New York, topping a $307.1M bid by Dish Network, Bloomberg is reporting. Icahn attended the auction but did not say what he’d do with the movie-rental chain if he acquired it, though the bidders were a mix of liquidators and companies who want to keep Blockbuster a going concern, like SK Telecom. The South Korea company has bid $284.5M, which it said is better than other offers because it covers more costs and liabilities. A sale-approval hearing is set for Thursday.
PREVIOUS, 8:23 AM: Dish Network has made the highest bid for Blockbuster ahead of an auction today for the bankrupt movie-rental chain, Bloomberg reports. A lawyer involved in the proceedings said a group led by Carl Icahn made the second-highest bid. More as the story develops.
Amid reports today in the Wall Street Journal that investor Carl Icahn and Dish Network, and even South Korean company SK Telecom, are reportedly preparing bids for Blockbuster ahead of its auction Monday, creditors like Microsoft, Yahoo and T-Mobile are worried that whomever buys the bankrupt movie-rental retailer won’t be able to settle its debt to them. Bloomberg reported today that more than 50 such creditors have filed objections to a sale in U.S. Bankruptcy Court. These are apart from the larger creditors, like Hollywood studios, who agreed to a deal earlier this month that allowed the auction process to move forward. That bidding process is designed to eclipse a $290M “stalking horse” offer by a venture group led by Monarch Capital.