March 4, 2009 |
Blockbuster Inc. has hired law firm Kirkland & Ellis to help rescue the struggling video store chain from a financial bind. The Dallas company said Tuesday that it was bringing in the firm to help arrange enough financing to keep Blockbuster afloat amid a deepening recession that has already waylaid several major retailers. Blockbuster doesn't intend to file for bankruptcy protection, spokeswoman Karen Raskopf said. Earlier reports that the 7,500-store chain had hired Kirkland & Ellis to explore a bankruptcy filing caused Blockbuster shares to plummet 74 cents to close at just 22 cents.
October 9, 2010 |
Beleaguered Los Angeles clothing maker American Apparel Inc. has named a former Blockbuster Inc. executive as its acting president to help redirect the company, which appeared to be on the brink of bankruptcy this summer. In hiring Tom Casey, who was executive vice president and chief financial officer of Blockbuster from September 2007 through August of this year, American Apparel is bringing on an executive who doesn't have an apparel background but who has ample experience working with another troubled company.
June 25, 2008 |
This is the first in a series of lunchtime interviews with movers and shakers in the book world. -- NEW YORK -- As she toyed with a bowl of chowder in a Rockefeller Center restaurant, Simon & Schuster Chief Executive Carolyn Reidy sounded as much like a Hollywood producer as a book world maven: How do you spot the next big blockbuster title, she mused -- and how can you be sure? Reidy, who is the highest-ranking woman in New York publishing, laughed at the notion that anyone could answer such a question with certainty (echoing the famous William Goldman quote, "In Hollywood, nobody knows anything")
April 9, 2012
The track record of transforming a hit movie into a TV series has been decidedly mixed. For every "MASH," "Alice," "Lassie" or "The Naked City," there have been countless disappointments including "The Planet of the Apes" and the recent "The Firm. " On Tuesday, Warner Home Video is releasing another short-lived small screen adaptation of a big screen blockbuster, "Logan's Run," based on the 1976 sci-fi thriller starring Michael York. The TV series, which aired on CBS from fall 1977 until early 1978, starred Gregory Harrison; Heather Menzies from "The Sound of Music" costarred.
December 22, 2013 |
I recently said goodbye to an old friend that had been with me since I was about 12 years old: my worn-down, blue-and-yellow Blockbuster video rental card. There are few better examples of how the entertainment business has actually changed (as opposed to various romantic theories about how it could develop) than the decline of this once culturally important institution. The downfall of Blockbuster was held by many experts to portend the fate of traditional media business models that relied on the other kind of blockbuster - those big, bloated mass-entertainment creations that had become a mainstay of the industry.
December 19, 2002 |
In the mid- and late '70s, blockbuster films such as "Jaws" and "Star Wars" brought an end to the American auteurist cinema that had fermented in the years before. The same thing, Witold Rybczynski wrote recently, is happening to architecture, which is more and more about dazzle and star architects, about structures as tourist attractions.
April 15, 2012 |
HALIFAX, Canada - Simple, says the gravedigger. It's about the movie. No, says the academic. It's about the money. Absolutely not, says the model-ship builder. It's about people. This is what happens when you ask why the sinking of the Titanic continues to fascinate us. The question has a special resonance in Halifax, a rainy, foggy port and capital of Nova Scotia that inherited perhaps the nastiest of all Titanic tasks. It was the seamen of Halifax, nearest major port to the sinking, who were sent out to collect corpses and wreckage in the days after the Titanic went down on April 15, 1912.
May 11, 2012 |
"The Avengers"will take a big bite out of the opening of"Dark Shadows,"as the superhero blockbuster is set to dominate the box office for the second consecutive weekend. After launching with a record-breaking $207.4 million - the biggest opening weekend ever, not adjusting for inflation - "The Avengers" isn't likely to lose steam at the box office any time soon. In its second weekend, the film featuring beloved comic book characters such as Iron Man, Captain America and the Hulk is expected to collect an additional $90 million, according to those who have seen pre-release audience surveys.
August 25, 2012 |
Dodgers management praised the team's historic multiple-player trade Saturday and the club's key acquisition, first baseman Adrian Gonzalez, was in the starting lineup for the game against the Miami Marlins at Dodger Stadium. "This is an exciting day," Dodgers co-owner Magic Johnson told a news conference before the game. "We did this for our fans. We feel, of course, we want to win now. " Besides Gonzalez, the Dodgers acquired starting pitcher Josh Beckett, outfielder Carl Crawford and utility fielder Nick Punto.