EXCLUSIVE: To movieogers on the coasts, the Marcus Theatres chain isn’t a household name. But people in flyover country go to the more than 50 first-run theatre locations in Illinois, Iowa, Minnesota, Nebraska, North Dakota, Ohio, and Wisconsin. So Midwest audiences won’t see Lionsgate’s One For The Money in a Marcus Theatre because the theater chain and the studio couldn’t come to financial terms. It’s always about the money — in this case, I hear the chain objected to Lionsgate’s deal with Groupon this weekend for discounted movie tickets to One For The Money. It may not matter. Hollywood doesn’t expect th pic to gross over $5M even though it’s based on Janet Evanovich’s bestselling novel. (Time for Katharine Heigl to fire her Momager.) Meanwhile, the trailer had to play three times before I realized that brunette was the blonde actress
That’s the valuation that the king of social media hopes investors will accept as it considers whether to make one of the biggest public stock offerings ever this spring, The Wall Street Journal reports. The paper says that Mark Zuckerberg’s company wants to raise $10B and could file documents at the SEC to begin the process by the end of this year. Visa, General Motors, and AT&T Wireless are the only U.S. companies that have collected more than $10B in an initial public offering. Up to now, Zuckerberg has been cool to the idea of going public, which would require Facebook to disclose a lot of information about its finances. But he may have to give the public a peek even if he keeps the company private: He’ll have more than 500 investors by year end, the Journal says, and the SEC requires companies that cross that threshold to open up about some of their numbers. The figures are sure to be impressive: The company is believed to generate more than $4B a year in revenue.