September 1, 2011 |
Visitors to next week's Toronto International Film Festival can take a break by visiting the city's fantastic Hockey Hall of Fame. But there should be no shortage of elbowing, body checks and brawling in the festival's theaters, where an unusually large number of high-profile movies will be fighting for distribution deals. The Cannes and Sundance cinematic gatherings may attract more media attention as sales markets, but Toronto delivers a steady stream of significant deals for films financed outside the studio system; in the last few years Toronto has yielded distribution pacts for "The Hurt Locker," "The Wrestler" and "The Visitor.
CALIFORNIA | LOCAL
November 26, 1996 |
Fifty years after its founders started doing business from a tent in the Avenue area of west Ventura, magazine distributor Schulze News Co. will close on Jan. 24. On Friday, company President Dave Schulze, 53, called the nearly 30 employees together at the headquarters on Palma Drive in Ventura to break the news. He cited competition among distributors as the reason for the closure. He said Schulze News Co.
May 3, 2013 |
Things are starting to get personal in the battle between hedge fund manager Bill Ackman and Herbalife Ltd., the Los Angeles nutritional products company he's accused of operating a long-running pyramid scheme. Herbalife spokeswoman Barbara Henderson said today that Ackman is making false allegations about the company because he's “increasingly desperate to distract the market from focusing on his J.C. Penney disaster.” Ackman's Pershing Square Capital Management owns nearly 18% of struggling J.C. Penney, which has seen its stock drop 12% this year.
April 18, 2013 |
Marketers say they plan to increase spending on online brand advertising in a new report that comes just weeks before the major digital distributors are preparing to woo Madison Avenue in a series of advertising presentations. The new 2013 Online Advertising Performance Report, produced jointly by the CMO Council and the Nielsen Co.'s Vizu, a unit that specializes in measuring online ad effectiveness, found that advertisers are changing how they view the medium. Though they once used online primarily for direct response, marketers who responded to this year's survey said they plan to allocate more of their digital dollars to brand advertising that's used to promote a company, product or service.
October 4, 2009 |
Amid rising unemployment, more Americans are selling cosmetics, vitamins, kitchen knives and other goods to their friends and neighbors. Or trying to, anyway. Industry figures suggest that as the ranks of salespeople grow, the increased competition is making it harder for many to move merchandise. That has left people like Lisa Wilson stuck with closets full of unsold inventory. "You get pity purchases from your family, who feel guilty if they say no or they want to support you in your new endeavor.
September 28, 2012 |
Get ready for a new branch in "The Tree of Life" debate. Magnolia Pictures said Friday morning it had acquired "To the Wonder," Terrence Malick's follow-up to 'Tree," and will release it theatrically next year. The move concludes a month-long period in which distributors had vacillated on a picture that had divided audiences at the Venice and Toronto International Film festivals. Magnolia President Eamonn Bowles called "Wonder" a "romantic, haunting and beautiful film that will be endlessly rewarding for movie lovers.
May 6, 2013 |
Herbalife Ltd. shares were up more than 5% Monday and had passed the price they were when hedge fund manager Bill Ackman accused the Los Angeles nutritional products company of operating a long-running pyramid scheme. The company's stock price plummeted Dec. 19 after Ackman publicly disclosed that he had taken a $1-billion short against its shares. Within four trading days of Ackman's announcement, the stock fell 43%, reaching $24.24 on Christmas Eve. The downswing created a buying opportunity for billionaire investor Carl Icahn, who now owns nearly 16% of the company's shares.
May 18, 1985 |
On a recent weekend, customers at Aron's, a West Hollywood record store, could buy a copy of rock star Eric Clapton's 1983 album, "Money and Cigarettes," for the full price of $6.29. Or, if they took the time to flip through the nearby budget record bin, they could find the same album--brand new, still factory-sealed except for a missing top corner--for just $3.98. These days, consumers are finding it easier to buy new copies of record albums at well below the full retail price.
February 3, 2002 |
There's a movie called "Memento" that tells the fractured story of a man who can't recognize his own life; every 15 minutes, his memory is erased and he must reestablish his world all over again. Critics praised the film for its unique narrative, but they're wrong. Fourteen years ago, it could have been my autobiography. My doctors never figured out exactly how I contracted the disease, but as best as anyone can tell, I was bitten by a mosquito in 1988 and nearly died.
CALIFORNIA | LOCAL
February 13, 1990 |
Reuben Sturman, described in a 1986 presidential report as the world's largest distributor of pornography, was sentenced Monday to 10 years in prison and fined $2.46 million for tax evasion. Sturman, 65, who has a 5,610-square-foot Tudor-style house in Van Nuys and owns another residence in the Cleveland area, was convicted Nov. 17 in U.S. District Court of failing to report $2.7 million in income from 1978 to 1982. U.S.