June 26, 2012 |
Sky Angel LLC, a distribution company that delivers content via broadband or "over the top," claims that programmers are resisting doing business with it for fear of upsetting cable and satellite pay-TV distributors. In written testimony submitted in advance of Wednesday's Future of Video hearing being held by the House Subcommittee on Communications and Technology, Sky Angel Chief Executive Robert Johnson said, "The video distribution marketplace remains willing to engage in anti-competitive tactics in order to harm emerging competitors.
January 22, 2013 |
PARK CITY, Utah - A group of star-driven dramas and comedies, plus a half-dozen documentaries, have caught the fancy of buyers at the Sundance Film Festival, with distributors ponying up nearly $25 million in the last few days for movies they hope will return their investment in spades. Fox Searchlight paid close to $10 million for a Steve Carell movie, and Sony shelled out almost $4 million on a Jane Austen-themed comedy. Relativity Media spent $4 million for a Joseph Gordon-Levitt porn comedy and the Weinstein Co. put up about $2 million for a well-received drama, "Fruitvale.
February 15, 2013 |
The future of Herbalife is riding on Latinos. The Los Angeles company estimates that Latinos account for about 60% of its U.S. sales made through its network of independent distributors. And a growing slice of those sales are coming from informal nutrition clubs run out of people's homes and strip mall shops. It's a cultural phenomenon that got its start in Mexico and is quickly catching on among immigrants who have moved to Southern California. Budding entrepreneurs like Angel Perez, a 27-year-old from Inglewood, are forming the backbone to Herbalife's growth.
September 12, 1997 |
Triad Medical Inc. aims to raise $37 million in an initial stock offering that would fund the acquisition of 11 private distributors of medical products, according to a filing with regulators. Triad, formed last spring to create a nationwide distribution company, plans to sell 4 million shares of common stock at a price ranging from $10 to $12 a share. Money raised would be used pay $22.2 million in cash for stock of the companies it's acquiring and retire $15.3 million in debts.
May 21, 2009 |
There are two distinct classes of Cannes Film Festival visitors. A select few get invited to Paul Allen's yacht party, and most others don't. A handful of Cannes visitors stay in five-star beachfront suites, but pretty much everyone else squeezes into small apartments. And when it comes to buying films, the elite American distributors look for mainstream hits, while the masses are left to pick over the countless foreign-language titles, many of which will never be sold or seen.
March 18, 2010 |
Hollywood loves foreign-language films -- as long as it doesn't have to release them. American studios, producers and filmmakers are pursuing remakes of several prominent foreign titles -- including "Let the Right One In," "Tell No One" and "The Girl With the Dragon Tattoo" -- even as most domestic distributors steer clear of everything with subtitles. "It's funny how many remakes there are," says producer Rick Schwartz, who recently completed an English-language version of France's "13 (Tzameti)"