Disney Makes Deal To Acquire Controlling Interest In India's UTV
Disney already owned a large stake in UTV, and already is the leading TV producer in India. This deal, the terms of which weren't disclosed, will make it the biggest film studio in the country as well.
Burbank, Calif. and Mumbai, India (January 31/February 1, 2012) - The Walt Disney Company (NYSE: DIS) announced today it will acquire, through a subsidiary, a controlling interest in UTV, one of India's premier media and entertainment companies. The acquisition will be… Read
Piper Perabo Cast Opposite Thomas Jane, Billy Bob Thornton In 'Red Machine'
EXCLUSIVE: Piper Perabo will star opposite Billy Bob Thorton, James Marsden and Thomas Jane in director David Hackl's thriller Red Machine. She will play a deaf photographer who is engaged to Beckett (Jane), whom she met during the Iraq War. The story revolves around two estranged brothers (Jane, Marsden) and their girlfriends (Perabo and an actress yet to be cast) who go camping in the Alaskan wilderness. An erratic grizzly relentlessly stalks the two couples, who are… Read
Amazon Down In After-Hours Trading Following Downbeat 1Q Profit Forecast
Shares are -8.7% after the e-retailer presented a mixed report about its 4Q results, and projected a decline in its 1Q operating profit. Amazon generated net income of $177M in the last three months of 2011, down 57.5% from the same period in 2010, on revenues of $17.4B, up 34.6%. The revenue figure fell short of the $18.2B that analysts projected. Earnings, at 38 cents a share, handily beat the 19 cents forecast. The profit drop is partly due to Amazon's expenditures to… Read
Fox News' Winning Streak Hits 10 Years
Fox News made it 10 years in a row as the top-rated cable news network, a streak that began after Rupert Murdoch and Roger Ailes' operation first overtook CNN in total viewership in January 2002. Said Ailes: "We are extremely proud of the phenomenal achievement created by the hard work and talent of the FOX News Channel employees and recognize how difficult it is for a cable network to sustain this level of dominance for a decade. America has clearly embraced fair and… Read
'Mob Wives' Producer Left/Right Adds Execs To Boost Production & Development
EXCLUSIVE: Left/Right, the production company behind nonfiction series Mob Wives and Showtime's This American Life among other fare, has hired two execs and promoted aonther. Nina Diaz, an executive producer on Mob Wives, has come aboard as SVP Current Production, while keeping her duties on the VH1 series. Her credits include showrunning The Real Housewives Of New Jersey and creating My Super Sweet 16 and Cribs. Also joining Left/Right is Angie Day as VP Development and… Read
Viacom CEO Blames “Misinformation” For Shelving Of Anti-Piracy Bills
Freelancer Cari Lynn is contributing to Deadline's coverage.
Viacom CEO Philippe Dauman acknowledges that it will take time before Congress revisits the anti-piracy bills that Hollywood supported: the Senate's Protect IP Act (PIPA) and the House's Stop Online Piracy Act (SOPA). But the one-time lawyer says that studios and their representatives at the MPAA didn't lose the recent lobby push on the merits of their case. There was “a lot of misinformation” from Silicon… Read
Joanne Woodward Presses On With Paul Newman's Final Film Project 'Lucky Them'
EXCLUSIVE: Joanne Woodward has become executive producer on Lucky Them, a film that was begun by her late husband, movie immortal Paul Newman, before he passed away in 2008. Woodward has Marisa Tomei, Thomas Haden Church and Allison Janney attached to star. Scripted by Huck Botko and Emily Wachtel and to be directed by Botko (he co-wrote The Last Exorcism and co-directed The Virginity Hit), the film is about a fortysomething rock journalist who gets an assignment to find… Read
Stephen Amell Is Green Arrow: Lands Title Role In CW Drama Pilot 'Arrow'
CW Picks Up 3 More Drama Pilots, Including J.J. Abrams & Mark Schwahn's 'Shelter'
EXCLUSIVE: One of the highest-profile young lead roles this pilot season has gone to Stephen Amell. In a potential star-making turn, Amell has been cast in the title role of the CW drama pilot Arrow. In the Warner Bros TV-produced project, described as a modern retelling of the story of DC Comics character Green Arrow, he will play the vigilante superhero who fights crime using archery… Read
Myriad Takes International Rights To 'Nobody Walks': Sundance
Nobody Walks, the Ry Russo-Young film that stars John Krasinski, Olivia Thirlby and Rosemarie DeWitt and sold to Magnolia Pictures for the U.S. during its Sundance premiere, now has an international rights deal. Myriad Pictures acquired the film and will screen it for buyers at next month's European Film Market in Berlin. Myriad CEO Kirk D'Amico negotiated the deal with Jonathan Schwartz and Lawrence Kopeikin; Schwartz and Andrea Sperling produced and won a Sundance… Read
Endgame Funds Steven Soderbergh's 'Bitter Pill'
James Stern's Endgame Entertainment will co-finance with Private Defense Contractors the Steven Soderbergh-directed 'Bitter Pill.' The film stars Rooney Mara, Jude Law, Channing Tatum and Catherine Zeta-Jones. Megan Ellison's Annapurna Pictures had originally been expected to finance, but that became shaky in the past few weeks. That gives the film new funding and a new titles. The film was originally titled Bitter Pill, but was retitled Side Effects, before going back to… Read
NBC Picks Up John Wells-Produced Drama Pilot 'Bad Girls'
ER, Third Watch and Southland executive producer John Wells is back at NBC with a new drama. The network has handed out a pilot pickup to Bad Girls, written by Nancy Pimental and executive produced by Wells. The project, based on the long-running UK hit series of the same name, follows the ins-and-outs of a group of unlikely women in a federal prison: a scandalous female warden, her new protégé and a host of inmates — some mothers, some friends -- who struggle with… Read
Hasbro's 'Candy Land' Lands With Adam Sandler
CULVER CITY, Calif., January 31, 2012 - Columbia Pictures, Happy Madison and Hasbro, Inc. are in final talks to develop Candy Land, a live action movie based on the bestselling Hasbro board game with Adam Sandler attached to star, it was jointly announced today by Doug Belgrad, President of Columbia Pictures, Hannah Minghella, President of Production for Columbia Pictures, and Brian Goldner, Hasbro President and CEO. Kevin Lima (Enchanted) is attached to direct the… Read