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ENTERTAINMENT
September 14, 2012 | By Ben Fritz
Fox Filmed Entertainment co-chairman Tom Rothman, who has led the News Corp.-owned studio together with partner Jim Gianopulos since 2000, is leaving his post on Jan. 1. The unexpected move ends long and largely successful run atop the studio for Rothman, who first came to Fox in 1994 when he founded the specialty label Fox Searchlight Pictures. He previously worked as president of the independent studio Samuel Goldwyn Pictures. With Rothman's exit, Gianopulos will become the sole chairman of Fox, the studio behind "Avatar," "Ice Age," and "Prometheus.
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ENTERTAINMENT
October 16, 2012 | By Joe Flint
The main problem with owning a network that specializes in 3D is that there isn't a ton of 3D programming around to fill the schedule. With that in mind, 3Net -- the 3D cable channel owned by Sony, Discovery and IMAX -- have created an in-house production company to make original 3D content. “With the industry now struggling to keep pace with the rapidly accelerating consumer demand for 3D programming across multiple platforms...the formation of a world-class production studio to help fill both the 3D and ultra-high-definition content voids became a logical next step in our evolution as a global player in the entertainment arena,” said Tom Cosgrove, president of 3Net.
ENTERTAINMENT
November 29, 2013 | By Julie Makinen
China's box office through the first three quarters was up 35% from last year, with contemporary-themed Chinese films drawing particularly large audiences. Yu Dong, chief executive of Nasdaq-listed Chinese movie studio and distributor Bona Film Group, was in Los Angeles this month for the Asia Society's U.S.-China Film Summit and meetings with Hollywood partners, including Fox International Productions. We caught up with him to talk about the state of the market and his studio's plans for 2014.
ENTERTAINMENT
October 23, 2012 | By Ben Fritz
Zynga Inc. has laid off about 150 employees, shut down 13 games and is closing a production studio in a cost-cutting move for the troubled social-gaming giant. The cutbacks Tuesday come almost three weeks after the San Francisco firm reduced its financial projections amid a weakening market for Facebook games and a day before it was scheduled to release third-quarter earnings. Zynga is shutting down a studio in Boston that made its “Indiana Jones Adventure World” game. The company has proposed closing facilities in Japan and Britain as well, and is laying off staff at an Austin, Texas, studio that made “The Ville.” Chief Executive Mark Pincus said in an email to staffers that Zynga is “parting ways” with about 5% of its workforce.
ENTERTAINMENT
November 7, 2013 | By Randy Lewis
A new perspective on L.A. country-rock band Lone Justice arrives Jan. 14 with the release of “This Is Lone Justice-The Vaught Tapes, 1983,” a collection of live-in-the-studio recordings the band made as its career was heating up. The band, fronted by singer Maria McKee, entered a Van Nuys recording studio in December 1983 with engineer David Vaught and recorded versions of a dozen of the songs that were a core part of the group's set at the...
BUSINESS
August 27, 2000
Hooray for Alan Horn and his wife, Cindy ["Studio Chief Is DNC's Secret Weapon," The Biz, Aug. 16]. It's unusual for a studio chief to take a stand against gratuitous sex and violence. He speaks for many parents of young children. LEE LEVEY Los Angeles
BUSINESS
May 23, 2012 | By Tiffany Hsu, Los Angeles Times
Motel 6 and Studio 6, the no-frills budget hotel chains that once offered rooms for $6 a night, are being sold by French parent Accor for $1.9 billion. The new owner, an affiliate of private equity firm Blackstone Group, already owns Hilton Worldwide. Blackstone said it plans to "accelerate the expansion of the franchise base" for Motel 6 and Studio 6. Accor will use proceeds from the sale to slash its debt and grow its luxury Sofitel and Novotel hotels in Asia, Latin America and Europe.
ENTERTAINMENT
November 7, 1992
I got a good laugh from your article about Brandon Tartikoff resigning from Paramount Pictures after so short a time ("Tartikoff: A 'Nice Guy' Who Didn't Finish," Nov. 2). I have good reason to believe that if he ran the studio like he did his own office, it's amazing he lasted those 15 months. I sent him a short letter urging him to have someone on his staff read a novel because it has a part that is just right for Eddie Murphy. Back came a letter from a lawyer informing me that the studio needed no help from the likes of me in getting material for Murphy.
ENTERTAINMENT
October 16, 2013 | By Steven Zeitchik
Making a big studio movie when you're the strong-willed independent sort can run you into a lot of sand traps. Filmmakers in that position think studio execs are a bunch of philistines and marketing-minded meddlers, while the execs thinks a director is a stubborn, out-of-touch mule who's never had to sell a ticket in his life. (Both may be slightly right.) Darren Aronofsky and Paramount appear to be enacting that time-honored saga anew. A Hollywood Reporter story says that the director is skirmishing with Paramount over "Noah," the new Russell Crowe-starring biblical epic set for March.
ENTERTAINMENT
September 20, 2012 | By Joe Flint
News Corp. Chief Operating Officer Chase Carey had nothing but nice things to say about the media giant's movie unit just days after ousting Tom Rothman from his position as co-chairman of Fox Filmed Entertainment. "Our film business has had a fabulous run for years, really been a leader and certainly the team there have been essentially the ones who have driven that," Carey said Thursday at the annual Goldman Sachs Communacopia conference in New York. Carey added that "we feel very proud about what the film management team has done.
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