November 18, 2010 |
Teen retailer Hot Topic Inc., struggling with weak sales and earnings, is cutting staff and closing 40 to 50 stores by early next year. The City of Industry chain, which operates 680 Hot Topic stores and 155 Torrid stores for plus-sized teen girls, said it would cut about 14% of management positions as part of "a cost reduction plan to meet the challenges of the current environment. " The company plans to shutter 15 Hot Topic locations and two Torrid stores in next two months, with the rest to follow next year, Chief Financial Officer Jim McGinty said in a conference call.
November 29, 2011 |
Lions Gate Entertainment and Summit Entertainment are back in merger talks that would combine two of Hollywood's largest independent studios, according to people with knowledge of the negotiations who are not authorized to speak publicly. Should a deal be consummated, it would bring together one of the movie industry's most successful young adult franchises, Summit's "Twilight," with one of the most highly anticipated new series, "The Hunger Games," from Lions Gate. The two companies, headquartered around the block from each other in Santa Monica, have held on-and-off merger talks since late 2008 but were unable to resolve key issues of price and management control.
May 31, 2013 |
Young adult movies are the ticket for Lions Gate Entertainment Corp., maker of the “Twilight” and “Hunger Games” sagas. Movies based on teen-oriented books helped the company swing to profit in its fiscal fourth quarter and it's looking ahead to similar offerings that will debut this year and next. “We're obviously not the only ones mining the young adult space, but owning the top young adult franchises, 'Hunger Games' and 'Twilight,' gives us enormous catalyst,” said Jon Feltheimer, Lions Gate's chief executive officer, in a conference call with analysts Friday.
November 20, 2012 |
Turner Classic Movies is adding some classic Johnny Carson to its lineup. The cable network has struck a deal for dozens of vintage Carson interviews with movie and TV stars including Jimmy Stewart, Gregory Peck, Drew Barrymore, Steve Martin and Elizabeth Taylor. Many of the interviews haven't been seen on TV since they originally aired on NBC. Turner Classic Movies will use the footage to create 10 one-hour specials called "Carson on TCM" that it will start telecasting in the summer of 2013.
CALIFORNIA | LOCAL
September 29, 1988
A former Los Angeles County deputy district attorney, who was fired last year after allegedly having sex with a prostitute in a parked car, failed to appear at his Civil Service hearing. Gary Kesselman, the original prosecutor in the "Twilight Zone" manslaughter case, was fired last November after being arrested on a charge of lewd conduct. But he had appealed his dismissal to the Civil Service Commission, claiming that there was insufficient evidence to dismiss him.
CALIFORNIA | LOCAL
May 17, 1986 |
A judge refused Friday to dismiss two counts of involuntary manslaughter against film director John Landis and two associates in the 1982 "Twilight Zone" movie set helicopter crash that killed actor Vic Morrow and two children. Los Angeles Superior Court Judge Roger Boren turned down the defense request in a brief written opinion.
July 12, 2010 |
Hollywood may be having a mixed year at the box office overall, but family films continue to boom. Universal Pictures this weekend became the latest studio to find success in family animation as its first stab at the genre, "Despicable Me," opened to a sensational $60.1 million, according to studio estimates. The 3-D film easily beat "The Twilight Saga: Eclipse," which collected $33.4 million on its second weekend and is performing almost identically to last year's "Twilight" movie, "New Moon."
August 10, 2011 |
If the film business is akin to playing poker, two Hollywood studios are making bets on a hand they haven't yet been dealt. Lionsgate and Sony Pictures have announced release dates for sequels to "The Hunger Games" and "The Amazing Spider-Man," two highly anticipated movies that will be released in March and July 2012, respectively. "Hunger Games" sequel "Catching Fire" has been scheduled for November 2013, while the sequel to the "Spider-Man" reboot will hit theaters in May 2014.
CALIFORNIA | LOCAL
October 12, 1993 |
Brooklyn-born character actor Frank Christi was the consummate New York tough guy, police say, and sometimes the lines between his roles and reality blurred. On screen, he played villains in 1970s movies such as "The Godfather," "Terminal Island," "The Hit" and "The Don Is Dead." He appeared in countless episodes of television crime shows such as "Beretta," "Mannix" and "The Rockford Files." Off-screen, Los Angeles police said, he had been involved in counterfeiting and forgery scams.