Latest Business News

Anne Hathaway, Julie Taymor Spin Bleak Magic In Searing Drone Drama ‘Grounded’

GroundedPublic Theater/Anspacher Theater

Rarely has the phrase “torn from the headlines” burned with as much relevance as it does with Grounded, the mesmerizing show that opened Sunday at the Public Theater. George Brant’s one-woman play about America’s shift to drone warfare may have been written four years ago (and performed elsewhere around the country), but its divisive subject is as current as the front page of today’s New York Times. And its relevance is heightened by the fact that a war perceived… Read

Honest Trailers Mocks The Newfronts

Image from the Interactive Advertising Bureau

Honest Trailers normally skewers the way marketing for movies often fails to accurately depict the actual product. But with the Digital Newfronts (the online-video world’s equivalent of the Upfronts) starting next week, the series has put together this takedown of the annual advertiser woofest. Targets include appearances by celebs who don’t appeal to the online demo; the higher quality of original online programming compared to traditional television broadcasting; the… Read

They’re Baaaack! Harvey Weinstein, Former ‘Finding’ Flack Create Tony Threesome

Broadway musical produced by Harvey Weinstein

UPDATE, Sunday 1 P.M.: Adds more on Miramontez’ responsibilities and reaction from Finding Neverland‘s press rep, in second paragraph below. EXCLUSIVE: Whether Harvey Weinstein fired Broadway press representative Rick Miramontez or Rick fired the producer of Finding Neverland is now officially moot. Miramontez’s O&M Public Relations Company is back on board with the team just as Broadway folks start popping massive amounts of Xanax in anticipation of Tuesday morning’s… Read

Google’s Dan Fredinburg Among Those Killed In Everest Avalanche Following Nepal Quake

Dan Fredinburg

Google executive Dan Fredinburg was one those killed in an avalanche on Mount Everest, following the devastating 7.8 earthquake that rocked Nepal early this morning. Fredinburg served as Chief of Privacy for Google X, and headed up product management for the company’s Privacy team. His sister made the news public via Instagram, attributing his death to a “major head injury”. “We appreciate all of the love that has been sent our way thus far and know his soul and his… Read

Whose Hillary Fundraiser Is It? Organizers Minimize Katzenberg Role

Women In World Summit Held In New York

2ND UPDATE: 8:53 AM: Organizers of the May 7 Hillary Clinton fundraiser to be held at Haim and Cheryl Saban’s home are now telling Deadline that Jeffrey Katzenberg is not involved in an official capacity. Deadline was told last night by reliable sources that Katzenberg would be co-hosting the event, but that got some of the main organizers understandably bent out of shape after they put the whole thing together. The main movers and shakers here are the Sabans and Casey… Read

‘Iron Man’ Copyright Lawsuit Against Marvel Has Weak Links In Its Claims

iron man marvel disney

As Avatar director James Cameron and Fox can tell you, copyright infringement lawsuits can fly fast and furious around blockbusters. How far they get in the courts is often a mixed result of the statute of limitations; proximity; if the asserted similarities are unique, benign or generic; and financial resources for lawyers. In the case of a potentially multibillion-dollar complaint filed this week by Horizon Comics against Marvel and Disney over the Iron Man movies, a… Read

Jeff Bewkes Made $32.9M In 2014, +1.2%

Tribeca Talks Industry: The Business Of Entertainment - At The 2011 Tribeca Film Festival

Regardless of what you think about the size of the award, it’s a modest increase for Jeff Bewkes in a year when Time Warner shares appreciated 30% — handily beating the Standard & Poor’s 500 which was up 11.4%. The company’s net income came in at $3.8 billion, +3.7%, on revenues of $27.4 billion, +3.4%. The CEO’s package, according to the proxy just filed at the SEC, consists of $2 million in salary, $8 million in stock awards, $8 million in option awards, $14.5 million… Read

Charter Prepares To Pounce On Time Warner Cable

Charter Time Warner Cable

You shouldn’t be surprised by multiple reports this afternoon that Charter Communications is beginning to craft a bid for Time Warner Cable now that Comcast has left it at the altar. “Obviously, we’d be interested,” Charter CEO Tom Rutledge told analysts in February when asked whether he’d step up if Comcast’s $45 billion deal collapsed. His largest shareholder, Liberty Media’s John Malone, was even more enthusiastic when the question was posed to him in November. “Hell, y… Read

Another CAA Agent Defects To UTA, Bringing Total Up To 12

UTA CAA

It ain’t over yet. The defections from Creative Artists Agency continued Friday as United Talent Agency confirmed that it has brought another agent into their company. UTA has hired former CAA agent Harold Froget who will be part of the team inside UTA's comedy and music touring practice division. Froget had spent 11 years — specifically in corporate and private booking — with CAA before exiting. He will now focus on his new agency's corporate and private events… Read

First Feature From YouTube’s Wong Fu Productions Set For Vimeo Release

Image courtesy of Wong Fu Productions

Popular Youtube outfit Wong Fu Productions’ first feature film, Everything Before Us, will be released worldwide June 3 exclusively on Vimeo on Demand, it was announced this morning. The film first debuted theatrically on April 23, during the L.A. Asian Pacific Film Festival held in Los Angeles, and can be preordered now on Vimeo. The directorial debut of Wong Fu founders Philip Wang and Wesley Chan, Everything Before Us is a science fiction/romantic drama set in a… Read

Relativity Plunks Down $3M To Pick Up Bold Films’ ‘Shot Caller’ With ‘Games Of Thrones’ Actor In Lead

relativity-logo2

In what can be seen as the first big deal prior to the opening of the Cannes Film Festival, Relativity Studios is in final negotiations to pick up Bold Film’s next film, Shot Caller and Nikolaj Coster-Waldau, who stars as Jamie Lannister in HBO’s hit series Game of Thrones, has just been cast in the lead of the film. The film was picked up for around $3M with a wide release commitment. Shot Caller tells the story of a newly released prison gangster who is forced by the… Read

Comcast Makes It Official: The TWC Deal Is Dead

Cable Giant Comcast To Acquire Time Warner Cable

And that’s that: Following a board meeting last night, Comcast terminated its $45.2 billion plan to buy Time Warner Cable. “It wasn’t going to happen,” CEO Brian Roberts told Comcast-owned CNBC this morning. “That’s the judgment that we heard and the government had reached.”  He declined to say whether the views of the Justice Department and FCC were shaped by reports that Comcast influenced its partners at Hulu to not auction off the online service, potentially turning… Read