Cowen and Co analyst Doug Creutz makes a plausible case, although not completely persuasive one, for his prediction this morning that Tyler Perry’s decision to make OWN his TV platform will work out for everybody. Creutz acknowledges that details haven’t been announced for the two new scripted series that Perry will introduce in mid-2013 on Oprah Winfrey’s joint venture with Discovery. Also, ”we’re not sure Perry’s sitcoms are a great match for Oprah’s aspirational female-targeted brand,” Creutz says. Still, he forecasts that the entertainer’s deal “could potentially bring a meaningful ratings boost to OWN, helping that network climb to profitability in FY13.” Discovery CEO David Zaslav has already promised the Street that OWN will at least break even. Indeed, Creutz says that Perry could increase the prime time audience at OWN by 10% or more even with smaller ratings than he generates at TBS.
Tyler Perry’s exclusive TV production deal with OWN shouldn’t turn the self-improvement channel into just another general entertainment network, Discovery CEO David Zaslav told analysts this morning. “This is something Oprah really wants,” he says. “We were …
‘Paranormal Activity 4′ Opens With $30M For $56.5M Global Weekend; Tyler Perry As ‘Alex Cross’ Low $12M; Ben Affleck’s ‘Argo’ Holds
SUNDAY AM, 4TH UPDATE: (Top Ten below) This is another good weekend as domestic box office turns the corner on the holiday grosses – $125M total moviegoing, or +12% more than last year. Paramount‘s R-rated hit Halloween franchise …
Long-time friends (and the two richest African Americans in showbiz) Oprah Winfrey and Tyler Perry are now forging a business partnership. OWN: Oprah Winfrey Network has inked an exclusive multi-year deal with Perry. Under the pact, he will executive produce, write and direct two new scripted series for a mid-2013 premiere on OWN, marking the network’s first foray into scripted programming. “I have been looking forward to the day when we would be in the position to enter the world of scripted television. That day has come,” said Oprah Winfrey, OWN’s CEO. “We are all energized by the opportunity to collaborate with Tyler who has a proven track record for producing highly successful cable series.”
Raunch Rules! R-Rated ‘Ted’ $52.5M And ‘Magic Mike’ $38M Weekends; ‘Tyler Perry’s Madea’ So-So; ‘People Like Us’ Stillborn
June 29-July 1 Weekend Actuals
1. Ted (Universal) NEW [3,239 Theaters] R
Friday $20.6M, Saturday $17.9M, Sunday $16.0M, Weekend $54.4M
2. Magic Mike (Warner Bros) NEW [2,930 Theaters] R
Friday $19.4M, Saturday $11.4M, Sunday $8.4M, Weekend $39.1M
3. Brave 3D (Pixar/Disney) Week 2 [4,164 Theaters] PG
Friday $10.4M, Saturday $13.3M, Sunday $10.4M, Weekend $34.1M (-49%), Cume $131.8M
4. Madea’s Witness Protection (Tyler Perry/Lionsgate) NEW
Jeffrey Katzenberg, Harvey Weinstein, Tyler Perry and Eva Longoria have helped raise some very big bucks for Barack Obama in 2012. The President’s re-election campaign voluntarily released a list today of its big bundler donors for the first quarter of the year – it includes a number of Hollywood names. Unsurprisingly, Weinstein and Katzenberg were in the top bracket of those who pulled together millions in donations from relatives, friends and business associates for the Obama campaign. The Oscar-winning producer and the DreamWorks CEO both raised more than $500,000 for the incumbent. Tyler Perry, who held two recent Atlanta fundraisers for the President, shows up in $500,000+ category for the first time. Netflix’s chief content officer Ted Sarandos, producer Colleen Bell and HBO’s James Costos bundled more than half a million for Obama. Comcast EVP David Cohen and his wife Rhonda as well Mai Lassiter, wife of Hitch producer James Lassiter, former DreamWorks corporate communications boss and Katzenberg political advisor Andy Spahn and Vogue editor-in-chief Anna Wintour were also in the top bundler bracket. Desperate Housewives’ Eva Longoria, another longtime supporter of the President, Warner Bros.’ Josh Berger and Jamie Lynton, wife of SONY CEO Michael Lynton, raised between $200,000 and $500,000 each. Lynton himself, WME’s Ari Emanuel, Kelly Meyer, wife of Universal Studios President Ron Meyer, Rebecca Carter, wife of Lady Gaga’s manager Troy Carter, and entertainment lawyer Joe Calabrese were among those in the $100,000 to $200,000 bracket. Former News Corp President Peter Chernin, Treme actor Wendell Pierce, HBO co-president Richard Plepler and talent manager Eric Ortner were in the $50,000 to $100,000 category.
When Deadline broke the story that Kim Kardashian would star in Tyler Perry’s The Marriage Counselor, an avalanche of comments resulted, some so barbed that Kardashian even chimed in. Perry isn’t immune to the polarized reaction to his casting Kardashian–whose recent marriage ended so suddenly there was barely time …
Producers of Summit Entertainment’s upcoming release I, Alex Cross, directed by Rob Cohen with Tyler Perry stepping into the role created by Morgan Freeman, have filed suit against other producers who claim they should receive compensation and screen credit for the movie. Bill Block and Paul Hanson are partners in QED, which produced the project that Summit has acquired for distribution. QED claims in the suit that prolonged negotiations that began in 2008 with potential producers Jan Korbelin and Marina Grasic (who with Mark Lindsay have launched Cargo Entertainment) and their company Visitor Pictures failed to come to an agreement on Visitor’s involvement with the development of I, Alex Cross. QED claims it drafted and redrafted multiple memorandums of understanding for Visitor’s involvement that were all rejected and no agreement was reached or signed. In 2009, QED says it formally notified Visitor that all previous offers were withdrawn. QED asserts that development of the movie proceeded without Visitor, who “indeed sought to have no involvement,” according to the suit.
Now that principal photography on I, Alex Cross has finished and the movie is expected to be released next year, QED claims that Visitor has resurfaced and is demanding compensation and screen credit, probably in preparation for legal action of their own. QED and other plaintiffs Suejack Inc and JPB Businesses are seeking a court ruling in the case to remove the “cloud” cast over I, Alex Cross by Visitor’s claims before the movie is released.