Theatrical Exhibition – Page 3

January 22, 2010April 7, 2011

CBS Films’ Big Test

CBS Films – that scrappy upstart with the name that screams ‘OLD MEDIA’ (“Films”, really? Can you even buy film stock anymore? The world is going digital, CBS) – hits the ground running today with its first release, “Extraordinary Measures” starring Harrison Ford and Brendan Fraser.

Most start-up production companies don’t have Harrison Ford in their first movie. Most start-up production companies have the guy or girl that’s holding the boom pole also act in a major role and provide their own food and wardrobe. But most start-up production companies aren’t called “CBS FILMS”.

Why is there a CBS Films? It seems that Viacom (before Sumner Redstone’s idiotic decision to split the company in half – thus creating this problem in the first place) has a very nice movie production company called Paramount Pictures. They also made a couple of Harrison Ford movies. I remember he played a guy named Indiana Jones for them.

You see, I think it’s ridiculous CBS Films had to be formed. It’s not going to last (sorry, Les). New movie companies just don’t make it – even backed by a large media company like CBS. Yes, go ahead and scream all you want about Summit Entertainment and their success – but after they release two more teen-angst vampire movies – they’re done.

I understand Les Moonves’ desire to run a completely vertical entertainment conglomerate. But it’s no longer 1995. The media landscape has changed. The glorious gatekeeper days are over. Ask Harvey Weinstein how hard it is to build an empire from scratch (but you may have to buy him lunch to ask that question. Dude is totally broke).

Look, I work for The World’s Largest Media Company – Manka Bros. – and they have five movie labels and all of them suck. Sorry, Khan (my boss, Khan Manka, Jr.). And they’ve been doing it for 90 years.

Even though “Extraordinary Measures” looks like the kind of movie that would give me a really good cry on a Saturday night at home – WHILE WATCHING THE HALLMARK CHANNEL – I’m sort of rooting against this one to succeed.

You see, I want CBS to buy (or wrest away) Paramount Pictures from Viacom and then immediately close CBS Films. I want News Corporation to buy all the cable channels and other assets from Viacom.

Then I want Viacom and Sumner Redstone to go away… forever. (I realize Sumner will still be Chairman of CBS – but Chairman can be overthrown – ask Steve Case – even if it’s an old coot that’s never going to die.)

So, good luck CBS Films. It’s a tall mountain to climb. I’m thinking “Extraordinary Measures” will pull down between $10-15 million this weekend. Whether that is good enough to call the first release a success… we’ll just have to find out. Less than $10 million and there will be quite a few worried CBS Films execs on Monday morning.

Jill Kennedy – OnMedea

January 13, 2010April 12, 2011

Peter Sarsgaard – Green Lantern Villain – Who Cares!?

OK geeks. Time to go outside for a little air.

I just noticed that the current most popular item on Digg is a story about Peter Sarsgaard possibly being cast as the villain in next year’s Green Lantern movie.

WHO GIVES A FUCK?! Jesus Christ, seriously, with the unimaginably horrific tragedy unfolding in Haiti, who cares about who will play the villain in The Green Lantern?!

Sure, he’s a fine actor. I’m sure he’ll be good in the part. BUT WHO CARES?! Please don’t spend the valuable time you have remaining in your lives “DIGGING” stories like this.

Here’s how this story should be discussed:

TWEET: Peter Sarsgaard may play the villain in “The Green Lantern” movie?
RESPONSE: Cool.

End of story.

Jill Kennedy – OnMedea

December 10, 2009April 19, 2011

Should News Corp Buy Viacom

Adam Townsend, Alan Greenberg, Angeline Straka, Anthea Disney, Anthony G. Ambrosio, Ari Emanuel, Arnold Kopelson, Beryl Cook, Blythe McGarvie, Brad Grey, Bruce Gordon, Carl Folta, Charles Gifford, Charles Phillips, Chase Carey, David Devoe, David Poltrack, David R. Angelman, Debra Lee, DeDe Lea, Denise White, Doug Morris, Fred Salerno, Gary Countryman, Gary Ginsberg, Genie Gavenchak, George Abrams, Gil Schwartz, Jack Horner, James Barge, James Bombassei, James Murdoch, Jeff Weiner, Jill Kennedy, John Nallen, Joseph Califano, Joseph Ianniello, Jr., Jr. Frederic Salerno, Judy McGrath, Julie Henderson, Kara Swisher, Khan Manka, Lawrence Jacobs, Leonard Goldberg, Les Moonves, Linda Griego, Louis Briskman, Manka Bros., Martin Franks, Michael Fricklas, Michael Regan, Nikki Finke, OnMedea, Philippe Dauman, Reed Nolte, Richard M. Jones, Robert Kraft, Roger Ailes, Rupert Murdoch, Shari Redstone, Sharon Waxman, Sumner Redstone, Terry Semel, thewrap.com, Thomas Dooley, Tom Mockridge, Tony Santabarbara, Wade Davis, William Cohen, William Schwartz

YES!

But only Viacom’s cable networks and digital assets. CBS (not wanting to leave the cocoon of Old Media) should buy Viacom’s Paramount Pictures.

Is there any chance in hell this could actually happen? Could Rupert Murdoch pull off an acquisition of that magnitude?

No fucking way. Not while old man Redstone continues to draw a breath.

So, yes, it’s most likely a non-starter. But even in a fantasy scenario, wouldn’t it be great to finally get rid of Viacom and Redstone? Both are simply a mess and completely unnecessary.

[Note: I realize Sumner Redstone is Chairman of the Board and majority stockholder of CBS, but Les Moonves is the much more appealing face of that company, not Sumner. Sumner is the face of Viacom… and the media world has had enough.]

Imagine News Corp (which has the weakest portfolio of cable assets save Fox News, FX and those regional sports thingies) with Viacom’s cable channels: MTV, Nickelodeon, Comedy Central, TV Land, VH1, etc. etc.

This would immediately fill all News Corp’s demographic needs and, in the digital channel universe, put them on par with Time Warner, Disney and, in late 2010, Comcast.

Viacom was never going to be on par with anyone as long as Sumner is around (even with those assets)… so it’s time to shut it down.

As for CBS and their acquisition of Paramount Pictures… they, obviously, just want to be an old media company and ride that peaceful, easy feeling all the way into the grave. Buying Paramount Pictures (and, hey, why not MGM while they’re at it!) would help realize that mid-1990s-vertical-alignment-synergy-world they are striving for. And based on Comcast’s purchase of NBCU (which valued Universal Studios at less than $3 billion), Paramount, with its much smaller film and television library, can be picked up at quite a fire sale bargain. (Wait two years and it will be even more of a bargain!)

Also, this would give CBS the opportunity to shut down the ridiculous CBS Films vanity project before it becomes a further embarrassment.

So, think about it people. A deal like this would really be a win-win-win for everyone… and help us to get rid of (at least a part of) Sumner Redstone once and for all.

Jill Kennedy – OnMedea

November 23, 2009April 21, 2011

White Male Disney Executives Embrace Women

Ari Emanual, Bob Iger, Bob Zemeckis, Claudia Eller, Dawn Chmielewski, Dick Cook, Disney, Jeff Weiner, Jeremy Zimmer, Jerry Bruckheimer, Joe Roth, John Travolta, Johnny Depp, Kara Swisher, Khan Manka, Manka Bros., McG, Nikki Finke, Pixar, Rich Ross, Richard Ross, Robin Williams, Sam Gores, Sandra Bullock, Sharon Waxman, Stacey Snider, Steven Spielberg, Terry Semel, thewrap.com, Tim Burton, Walt Disney Studios

Apparently, Rich Ross has had an epiphany: Women like movies.

According to the Los Angeles Times (and I’m paraphrasing/ reading between-the-lines), Rich Ross has told (male) literary agents at (male) literary agencies (who represent [male] literary writers), that (Walt) Disney Studios would like to produce more films that appeal to women.

It must have been one of those ‘flux capacitor’ moments for Rich Ross and got me wondering about how genius manifests itself. I mean, thoughts this brilliant don’t just come along every day.

So in my own inferior mind, I began to wonder how the scene must have played out in Bob Iger’s office (or wherever it occurred) and believe it happened like this:

Bob Iger, in sweaty shorts and a T-shirt is slamming racquetballs against the giant windows of his office (the one with the Seven Dwarfs outside).

Intercom: Mr. Iger, your nephew, Richard Ross, is here to see you.

Bob Iger: He’s not my nephew. Send him in.

Richard Ross enters.

Rich: Uncle Bob, I want to run something by you.

Bob: Rich, I’m not your uncle.

Rich: We can play it that way. I’m hip to that.

Bob: What’s on your mind?

Rich: Women.

Bob: Really? You? Explain.

Rich: I think we need to make movies that appeal to women. Kagan recently did a study that came to the conclusion that women actually go to movies. That they actually… enjoy movies.

Bob: You mean like Pirates of the Caribbean and Walt Disney’s A Christmas Carol?

Rich: I mean like Twilight and Sandra Bullock movies.

Bob: Jesus Christ. What the fuck are you saying to me?

Rich: I’m saying we need to get together with some of the top male screenwriters and producers in Hollywood and come up with the next generation of “Twilights” and “Sandra Bullock” movies. In order to survive, we need to tap more women.

Bob: Then do it. You have my full support.

Rich: Thanks, Bob.

Bob: Uncle… Bob.

Rich smiles and leaves.

That may not have been exactly the way it played out – but the end result will be films manufactured by men that attempt to appeal to women that do nothing but turn women off.

My advice to Disney: Pirates of the Caribbean 4. Appeal to women when you have a good story to tell, not by turning a “John Travolta” script into a “Sandra Bullock” script.

Jill Kennedy – OnMedea