December 2009 Archive

Scripps Yanks Food Network & HGTV Off Cablevision in Tri-State Area (NY, NJ, Conn)

Cablevision vs Scripps Fight Over Food Network/HGTV Could Last Weeks Longer UPDATE: Cablevision just gave me this hardball statement: "We are sorry that Scripps' current financial difficulties are making it impossible for them to continue our relationship on terms that are reasonable for Cablevision and our customers. We wish Scripps well and have no expectation of carrying their programming again, given the dramatic changes in their approach to working with distributors… Read

Marvel Stockholders OK Merger With Disney – UPDATE: See Both Company Statements

UPDATE: Here's the Walt Disney Co statement: BURBANK, Calif., December 31, 2009--Advancing its strategy of delivering great branded content to people around the world, Robert A. Iger,  President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of renowned character franchise company, Marvel Entertainment Inc (NYSE:MVL). "We're thrilled to welcome to the Disney family the talented team at Marvel,"… Read

Box Office

$278M XMAS WEEKEND IS BIGGEST EVER! 'Avatar' Back On Top By Beating 'Sherlock Holmes'; 3D Technopic Takes In $617M Worldwide; 'Alvin Squeakquel' Opens #3

SUNDAY AM WRITETHRU: It's official: 20th Century Fox's week-old Avatar fell behind Friday, but was back on top Saturday, and easily beat Warner Bros' newcomer Sherlock Holmes for No. 1 this 3-day Christmas weekend in North American theaters. As usual, the Hollywood box office experts (who had predicted this to me last week but I doubted them) were right on the money. Avatar's take was $23.5M Friday and $28.5M Saturday for the $75M weekend with Sunday's estimate. As for She… Read

Box Office

'Alvin 2' Beating 'Avatar' in Online Tickets

It's 20th Century Fox vs 20th Century Fox. So reports big online ticketseller Fandango as of 11 AM PT. James Cameron's Avatar continues to be a strong seller on Fandango (and 32% of Avatar filmgoers surveyed on the site say they'll see it more than once). But Alvin and the Chipmunks: The Squeakquel is actually outselling the sci-fi epic in ticket sales today when it opens. Avatar is going into its 2nd weekend Friday. Also today Paramount's Up In The Air is opening wide… Read

TOLDJA! Official: Chris Albrecht To Starz

UPDATES EXCLUSIVE: Ex-HBO Chief Chris Albrecht To Be Named New CEO Of Starz This announcement will be going out Tuesday: Englewood, Colo, Dec. 22 – Liberty Media Corporation announced today that Chris Albrecht, former Chairman and CEO of HBO, will join Starz, LLC as its President and CEO. He will oversee all of the Starz entities, including Starz Entertainment, Overture Films, Anchor Bay Entertainment and Film Roman and will assume his new role beginning January 1… Read

EXCLUSIVE: Ex-HBO Chief Chris Albrecht To Be Named New CEO Of Starz

UPDATE: TOLDJA! It's Official: Chris Albrecht To Head Starz MONDAY PM EXCLUSIVE: I've learned that Liberty Media chairman John Malone and CEO Greg Maffei are installing former HBO chairman/CEO Chris Albrecht as head of Starz. Sources tell me Albrecht's title will be CEO (and maybe also president), and the announcement could come as soon as this week. Starz previous CEO Robert Clasen is retiring. Albrecht's appointment is further proof that Starz is fast-tracking its move… Read

TOLDJA! Rave Buys Up To 35 of Redstone's National Amusements Theater Complexes

UPDATES EXCLUSIVE: Rave To Acquire 35 National Amusements Complexes I had this scoop back on December 7th. (Shame on the Los Angeles Times for trying to grab credit.) Today there's an official announcement: Dallas, TX - December 21, 2009 - Rave Cinemas, LLC ("Rave"), a newly formed company, announced that earlier this month it reached a definitive agreement with National Amusements, Inc. ("NAI") to purchase the business operations and selected real estate assets of up to… Read

News Corp Negotiations To Buy MGM “Screeched To A Standstill”

News Corp insiders tell me: “Our negotiations screeched to a standstill Friday night. We're at an impasse over a highly restrictive (and unusual) provision in their 'must sign NDA [Non-Disclosure Agreement]'. So who knows what will happen next? But for now it's 'Pens Down'.” This isn't good news for the embattled film studio MGM which has been teetering on the brink of bankruptcy because of its crushing $4 billion debt. So it's on the block and sent confidentiality… Read

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