EXCLUSIVE: Paramount Pictures and Chernin Entertainment have acquired rights to The Green Hornet. Gavin O'Connor is set to direct a film that will overhaul the image of Britt Reid into an edgy protagonist capable of being the catalyst for a new franchise. O'Connor, who just directed the Ben Affleck-starrer The Accounta…

EXCLUSIVE: Bruce Lee, who became pound for pound the best action hero Hollywood has ever produced even though he died at age 32 when he was just getting started, is such an iconic figure that when his daughter Shannon held meetings with prospective Chinese production partners on a biopic, she was told that when it…

Movie moguls usually have to grit their teeth during the media company quarterly earnings season as they begrudgingly acknowledge the bombs they had to write off. But the 3Q reports that will begin to come out in two weeks could be different, RBC Capital Markets analyst David Bank says this morning. Only one film from…

Sony Pictures’ strong performance in the quarter that ended in June stood out as the corporation reported a net loss of $191M on revenues of $18.5B, down 10% vs. the same period last year. Sony attributed the decline to the effects of this year’s earthquake and tsunami as well as lower-than-expected sales of TV sets…

EXCLUSIVE: FX is sticking to its strategy of buying marquee movies with the recent purchase of the TV rights to six films, all of which opened at No. 1 at the box office. The list includes Disney’s Tron: Legacy, which has grossed $171.6 million domestically; Sony’s The Green Hornet, which has cleared $97.5 million to…

SATURDAY PM/SUNDAY AM: Yes, I went AWOL from Friday night’s North American box office. But can you blame me? With these two pics opening this Super Bowl weekend? UPDATE: So Sony Pictures spinmeisters respond: “Clint Culpepper is one of the most successful executives in this industry. The film over performed. He makes…

SATURDAY PM/SUNDAY AM: The big news this weekend wasn’t just seeing whether domestic grosses were depressed on the post-blizzard East Coast (they weren’t), but also which movies received Oscar bumps given that the Academy Award nominations were announced this past Tuesday (all of them still in theaters). Some like The…

SATURDAY PM/SUNDAY AM: Rentrak is having system issues so box office will be a bit late today. But Paramount was so worried about its No Strings Attached being a stinker that the studio didn’t even bother to give me a pre-release briefing. I don’t necessarily blame them: any movie starring Ashton Kutcher is probably a…

SATURDAY PM/SUNDAY AM: This was a tough weekend at the box office for one new major studio tentpole opening on a long Martin Luther King weekend but not for another which met the lower end of expectations. The 4-day holiday overall is looking -25% down from last year’s: 1. The Green Hornet 3D (Sony Pictures) NEW…

Over the past two years, Universal Pictures learned some hard lessons about adult dramas when high-priced films State of Play, Robin Hood, Duplicity and Green Zone failed to catch on with domestic audiences. This weekend, the studio will deliver some clarity on the immediate future of the adult comedy, when Universal…

The Sony film will be released on January 14. It stars Seth Rogen, Cameron Diaz, Christoph Waltz and newcomer Jay Chou and is directed by Michel Gondry. Take a…

Luke Y Thompson is covering the Con for Deadline: Seth Rogen comes out. "I’m sorry if you were expecting Ryan Reynolds" (who’s in Warner Bros’ Green Lantern.) Introduces footage that expands on the trailer we’ve seen, where Rogen plays a drunken newspaper heir whose father dies suddenly, and becomes a hero when his…