July 8, 2013 |
The Miramax film company's attempts to reestablish itself as a Hollywood powerhouse hit another snag with the resignation of Chairman Richard Nanula, a veteran executive who formerly held prominent posts at Walt Disney Co. and Amgen Inc. Nanula's departure Sunday came after two websites published photographs last month of a man they identified as the executive having sex with an adult-film actress. Nanula, 53, and his attorney did not respond to requests for comment. PHOTOS: Hollywood Backlot moments Miramax, founded by brothers Harvey and Bob Weinstein in 1979, produced a string of Oscar-winning films, including "Chicago" and "Shakespeare in Love.
March 8, 2012 |
Jared Kushner has withdrawn from the Dodgers sweepstakes, leaving seven parties in the running to buy the team. Kushner, the owner and publisher of the New York Observer and son-in-law of Donald Trump, submitted a bid with a financial structure Major League Baseball declined to approve, according to a person familiar with the sale process but not authorized to discuss it. Kushner was invited to consider restructuring his bid or joining with...
June 21, 2008 |
ON THE topic of Michael Jackson performing in Las Vegas, the mainstream media seem endlessly gullible. I don't care what the Wall Street Journal says. And I don't care what the New York Times offers. Michael Jackson is not going to be doing a show or shows in Vegas any time soon. As readers of the Buffet know, since December 2006, I have been swatting at rumors of various Michael Jackson comebacks set in Vegas. I have even offered the dude a gig in Vegas myself. Yet despite years of nothing happening, the rumors continue.
June 27, 2013 |
China's domestic box office has generated about $1.63 billion in the first half of the year, a government panel said, another sign of the film industry's growth in that country. It's the first time China's box office take has hit the milestone of 10 billion yuan in the first six months of the year, according to the National Film Development Special Funds Management Committee. The committee did not offer comparative data for last year. FULL COVERAGE: Reel China China is now the world's second-largest movie market behind the United States, with box-office takings reaching $2.74 billion in 2012, and it's expected to take the No. 1 spot within a few years . ALSO: 'Duck Dynasty,' 'Vikings' lift A&E Networks in second quarter Former Maker Studios CEO sues co-founders, board members Colony Capital and Miramax exec Richard Nanula takes leave from firms Twitter/ @rfaughnder email@example.com MORE INTERACTIVE: TVs highest paid stars ON LOCATION: People and places behind what's onscreen
October 22, 2009 |
Bank of America Corp. has agreed to sell First Republic Bank, which mostly serves affluent clients in California and five other states, to private investors for a price said to exceed $1 billion. The buyers include private equity firms Colony Capital of Santa Monica and General Atlantic of Greenwich, Conn. They have partnered with First Republic Chairman James H. Herbert II and President Katherine August-deWilde in the deal. The parties didn't disclose the price, but a person familiar with the matter said it was more than $1 billion.
September 25, 2009 |
Tom Barrack is considered one of the savviest commercial real estate investors of the last 20 years. But his bid to lure public investors to join with him fell far short this week. Barrack, the 62-year-old founder of L.A.-based real estate and private-equity giant Colony Capital, wanted to raise $500 million via a new real estate investment trust that would buy troubled commercial property debt. His Wall Street bankers could rustle up only half that sum from investors. The initial public stock offering of Colony Financial Inc. raised $250 million Wednesday by selling 12.5 million shares at $20 each, instead of the 25 million shares Barrack had wanted to issue.
June 27, 2013 |
This post has been corrected. See below for updates. Script-writing isn't for everyone, so Amazon.com Inc.'s movie and TV production arm is now encouraging filmmakers to submit "concept videos" that could be developed into features. Amazon, which is in a race with more established players like Netflix to develop original content, launched Amazon Studios in 2010 and has been accepting script submissions for movies. It has received 1,400 movie scripts to date. But now, people have the option to upload a two- to 15-minute video instead.
July 1, 2013 |
After the coffee. Before figuring out how to make a short week shorter. The Skinny: Sunday nights aren't the same without "Mad Men" or "Veep " but I am enjoying Netflix's new show "Orange Is the Black," which debuts for regular folks later this month. Monday's headlines include a big deal by Tribune Co., the weekend box office report and more bad news for Richard Nanula, who took a leave as chairman of Miramax last week. Daily Dose: Al Jazeera America continues to beef up its staff in advance of launching here in late August.
July 8, 2013 |
After the coffee. Before going for Dwight Howard's job at the Lakers. The Skinny: Spent the weekend watching some of season one of "The Sopranos. " Forgot how great that show was. Monday's headlines include the box office recap and a look at "The Lone Ranger," which is the summer's latest big flop. Also, Richard Nanula resigns from Miramax and Colony Capital and Legendary Entertainment is nearing a decision on a new home. Daily Dose: Kicking the tires of the online video site Hulu isn't the only thing DirecTV is up to these days.
June 6, 2007 |
Colony Capital, a Century City real estate investment company, said Tuesday that it had agreed to pay $5.4 billion for a majority stake in a European fuel refining and retail company owned by Libya. The deal, which is worth 4 billion euros, gives Colony 65% ownership of Tamoil, a refiner and gas-station operator based in the Netherlands and owned by the Libyan government.