The fallout from the box office flop of The Lone Ranger continues for Disney with a big expected write down in the offering while stars Johnny Depp and Armie Hammer complain that it was the critics that killed the film. That, along with Steven Spielberg departing the director’s chair on American Sniper and investor Daniel Loeb retreating from his demand that Sony sell off its entertainment assets, make up some of the top film stories that Deadline ran the past week. Take a read here:
By Nikki Finke – SUNDAY AM, 7TH UPDATE: This is yet another weekend that confounded and confused Hollywood as domestic numbers are coming in lower than projected and only international grosses are saving Summer 2013.
By David Lieberman – CFO Jay Rasulo just told analysts that the company is “disappointed” in the film’s performance and likely will take a charge of anywhere from $160M to $190M next quarter.
Steven Spielberg Drops Out of Directing ‘American Sniper’
By Mike Fleming Jr – EXCLUSIVE: Steven Spielberg has takenAmerican Sniper out of his crosshairs, after declaring in May that he would next helm the film about decorated Navy SEAL Chris Kyle, with Bradley Cooper playing the marksman.
By Nikki Finke – Apparently, The Most Hated Man In Hollywood just wasn’t comfortable being labeled “The Most Dangerous Man To Our Industry” by George Clooney for all the world to read (via Mike Fleming’s exclusive Deadline interview and carried by Yahoo this past weekend).
By Pete Hammond – If your movie was released in March or April, and has Oscar aspirations, it requires every trick in an Academy consultant’s publicity handbook to try to keep it alive against the massive onslaught of competition unleashed in the back eight months of the year.
By Mike Fleming Jr – In an interview with Deadline last Friday, George Clooney expressed ire for Third Point hedge fund chief Daniel Loeb‘s criticism of Sony Pictures management, claiming Loeb didn’t know the first thing about the movie business.
Related: R.I.P. Publicist Eddie Michaels