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Weekend,
9 May 1998
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NEWS
BY THE NUMBERS
10. OVITZ SIGHTING:
After Mike Ovitz surfaced on Broadway last month (by way of an
investment in a theatrical production company), he's now talking to the
NFL about bringing professional football back to L.A. by 2002. Ovitz would
own the team, the stadium and the immortal souls of any players who would
sign onto his team. Seriously, Ovitz is stuck in the Barry Diller
dilemma at the moment. How do you become "just a rich guy" after being
seen as the most powerful man in Hollywood? Diller, in The New Yorker
article about Universal and Edgar Bronfman Jr. (more on that below),
said something fascinating regarding keeping his deal for Universal's
TV holdings quiet until the deal was done. "I could not be involved in
a transaction that I did not complete. If this got out, I would have to
run Venezuela! In the image of the world, I had failed twice (losing bids
for Paramount and CBS) and was now (with his purchase of Home Shopping
Network) in a small-time venture." Ovitz only has the Disney debacle over
his head, but uneasy lies the formerly crowned head.
9. SURPRISE!: MPAA chief Jack Valenti returned from China with
word that three films ticked off the Chinese government and that there
were subtle threats that these films could sour the movie trade with the
last Big Red. The movies? Kundun, Seven Years in Tibet and Red
Corner. Duh!
8. I'M THE LIZARD OF THE WORLD!: Godzilla is on his way, and the
news stories continue to proliferate. Two stories this week. First, the
film started screening for exhibitors this week. And while the reaction
was good, the concern that Sony would squeeze a record percentage of the
gross from exhibitors (THB 4/02/98) seems
to have passed. The split will just be hugely in the studio's favor, as
usual for mega-movies. Also, Sony is already working on a game plan for
the Godzilla TV sale. Don't expect another Titanic-style
debacle (THB 2/14/98) since, like The
Lost World and Men In Black, no one will be surprised if Godzilla
does mammoth numbers.
7. COLOR MY WORLD: Technicolor debuted a new version of one of its oldest
film processing techniques this week. Dye transfer film printing, which
was last seen in 1974's The Godfather, Part 2, is back. It will
be seen on the big screen in Godzilla and Bulworth, to be
followed by a re-release of Gone With The Wind on June 26. We saw
a reel of film processed through the new and improved dye transfer system
beside the now standard chemical process, and the difference was clear.
Brighter whites, redder reds and more variations on black. Serious fans
will notice the difference, while the average viewer will, frankly, not
give a damn.
6. YOU DON'T BRING ME BULLETS ANYMORE: Charlton Heston, macho stud
of the '60s and NRA vice-president-elect of the '90s, has declared war
on Barbra Streisand, calling her the "Hanoi Jane" of the anti-gun
movement. OK, Let's look at what brought on this attack. Streisand had
the nerve to produce a TV movie that was pro- gun control. I don't think
La Streisand need debate you on the Second Amendment (the right to bear
arms), given that you still haven't gotten a handle on the First Amendment,
Mr. H. Besides, you should know better. If there weren't so many guns
around, the Apes never would have taken over the planet.
5. DON'T KEEP ON TREKKING: Paramount has become infamous for its aggressive
defense of its Star Trek copyright. This week's victim was Sam
Ramer of New York City, who wrote a book called Joy of Trek,
a lighthearted dating guide for non-Trekkers (or Trekkies. Whatever!)
who are trying to relate to their Trek-loving significant other. With
10,000 copies of the $10.95 (retail) book in print, Paramount is suing
for $22 million. Seems illogical, doesn't it?
4. LOLITA LIVES: Showtime will premiere Adrian Lyne's Lolita
this September. Finally a reason for Roman Polanski to buy that
satellite dish.
3. MORE WARNER CUTS: Warner Bros. execs finally went public this week
after, they hope, handing out the last of their pink slips. WB Chairman
and CEO Terry Semel said that the studio will cut back its recent
average of 28 films a year to 20. Also, they'll apparently cut back on
the event movies, most likely sticking to summer and Thanksgiving/Christmas.
Warner Bros. is the only studio without a legitimate "art" division, as
New Line/Fine Line continues to chart its true independence. So, the studio
will try to make some $20 million movies themselves. Maybe they should
buy one of the few major indies left. Anyone thinking PolyGram? Go to
the next story.
2. CORPORATE POLYGAMY: Yet another company is preparing to be swallowed
up by the giants. This time it's PolyGram, the parent of PolyGram Filmed
Entertainment (The Usual Suspects, Fargo, Four Weddings and A Funeral).
But the film division is only about 15 percent of the company. The riches
are in their music division, which has about 17 percent of the global
music market with a roster including U2, Elton John and Sting.
(That makes it the top dog.) The cost of a purchase would be around $12
million. The buzz is that the inside track belongs to Disney and Universal.
Disney, of course, is expected to engulf the planet (which reminds me
of the Mel Brooks joke in Silent Movie in which he renamed
then Paramount parent Gulf & Western, Engulf & Devour.) But why Universal?
Go to the next story.
1. THE EDGAR FILES: The Hot Button had its way with Edgar Bronfman
Jr.'s New Yorker article just days ago (THB
5/07, "U Ought To Know Better"), but I had only read excerpts at that
point. It got better when I got a look at the whole article. With every
word Bronfman had to say about how he was going to change the dynamic
of Hollywood, I just kept thinking of the disastrous Columbia rein of
producer David Puttnam. The only difference is that Puttnam actually
had a sense of how and why to make a movie. Edgar's real obsession is
with the music business. He's been angling to purchase EMI for about $9
billion, suggesting in The New Yorker article that he would be
willing to overpay and face the jibes of the Hollywood intelligencia (that
could be an oxymoron). So what's $12 million for PolyGram? Plus, he'd
have another film company to mismanage. (Side story: I was at a party
a little while ago and I got into a "What the hell is going on at Universal?"
conversation with a Disney exec. As it happened, one person did spring
to Bronfman's defense. A songwriter who was working with Bronfman under
the pseudonym Sam Roman. Edgar was a good guy, he told us, and
he'd never give the feature division to Imagine chief Brian Grazer.
We'll see.) The goofiest thing in the article was actually from Edgar
Sr. He said, "We could have taken over DuPont (the stock of which has
skyrocketed since Seagrams sold its stake to raise cash for the Universal
takeover), but what fun would it have been (for Edgar Jr.) to go to Wilmington,
Del., and run that business?" Fun?!?! Seagrams missed out on $9 billion
by selling its DuPont stock! FUN?!?! The rich are different.
BOX OFFICE CHALLENGE: Woo is the sponsor. The bonus gift for the
top winner is a Deep Impact uniform polo shirt. All that's left
to do is to enter.
READER OF THE DAY: Matt H. wrote, "No need to apologize for revealing
that William Holden floats dead in a swimming pool in Sunset
Boulevard. It happens at the beginning of the movie, and then we flashback
to see how it happened."
E ME: Thanks for the
reminder, Matt. I thought that we saw the body but didn't know that it
was the narrator. Now, for the rest of you. Which Hollywood-type would
you like to see floating face-down in a pool? Write
me now or post you thoughts in the Dave's Green Room Discussion Forum.
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