EXCLUSIVE: Walt Disney Pictures has set up a remake of the 1984 film The Flamingo Kid, and it will be produced by Brett Ratner’s Rat Entertainment and Michael Phillips’ Lighthouse Productions. Nzingha Stewart, who has directed videos by Jay-Z and 50 Cent and whose film credits include For Colored Girls, has been set to write the script. Ratner, Phillips and Juliana Maio will produce; Rat Entertainment’s John Cheng is exec producer.
Directed by Garry Marshall, the original is one I remember fondly, with Matt Dillon playing a high school grad who gets a job at the Flamingo Club and finds himself mentored by the club’s owner. He soon disdains his own blue collar origins for the beach club where the rich and privileged come to play, but it all comes at a high price and the kid smartens up.
Heard of Ratner, but I haven’t heard Phillips’ name that much since he produced Taxi Driver, The Sting and Close Encounters Of The Third Kind with his late ex-wife, Julia Phillips. Well, he produced the original The Flamingo Kid. Stewart is repped by WME and manager Neda Niroumand.
Ending over 12 years of negotiations, an international treaty protecting actors’ rights was signed today in Beijing. The treaty is backed by UN agency WIPO, the World Intellectual Property Organization, which includes 185 member states. Now known as the Beijing Treaty, it’s designed to extend economic and moral protection for film and TV performers around the world. Such Hollywood stars as Meryl Streep and Javier Bardem have been big proponents of its implementation. Dominick Luquer, general secretary of the Federation of International Actors said today, “This Treaty will give performers critical rights that will help them control the legitimate exploitation of their work and benefit financially from the new digital reality.”
SAG-AFTRA co-presidents Ken Howard and Roberta Reardon jointly welcomed the news: “Actors and other audiovisual performers have long needed the crucial protections of this treaty, and now we can finally have them. With new rights to proper compensation for the use of our work and control over the use of our images and likenesses, actors will have important tools to protect themselves around the world. This rising tide can lift the boats of all actors worldwide.” Read More »
Not a surprise, but interesting nonetheless. The acquisition beefs up Discovery‘s online presence; this is the biggest digital deal the non-fiction video power has made since 2007, when it paid about $250M for HowStuffWorks.com. The companies don’t say how much Discovery paid for Revision3, although I hear it’s around $30M. Here’s the announcement:
(Silver Spring, Md.) – Discovery Communications announced today that it has entered into an agreement to acquire San Francisco-based digital video provider Revision3. Leveraging Revision3’s vast experience in creating engaging online video content in a cost-effective manner, the transaction helps fuel Discovery’s strategy of being the number one nonfiction media company on all screens.
“Discovery’s mission to ignite viewers’ curiosity and its history of pioneering new platforms – from cable to HD to 3D – make it the logical leader in this explosive new wave of digital video growth,” said JB Perrette, Chief Digital Officer, Discovery Communications, who made today’s announcement. “With Revision3’s industry-leading management team and roster of great talent, we look forward to cultivating more original content and fresh personalities that resonate with passionate communities online and across all platforms, while enhancing our innovative marketing solutions for advertising partners.”
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