MOVIN’ ON UP:
The Academy has voted to move The Oscars into late February,
starting in 2004. Brilliant….
I hope. The upside of the move is that it eliminates
the February hammock in which the Christmas releases start to fade before
Oscar arrives. With summer starting
earlier and earlier – Universal tried to get it rolling two weekends
before May with The Scorpion King this year – the ability to
boost February and early March box office with the Oscars is good for
the industry. Most of the big box office hopefuls this spring (The Time Machine,
Ice Age, Blade II, Panic Room) arrived in Oscar’s direct or post-awards
shadow. In 2004, those slots
will be even more open, while studios will probably get out of the way
of Oscar – expect an increase in January/February expansions like Black
Hawk Down – with product like this year’s We Were Soldiers
and John Q. Now the industry needs some sort of Sept/Oct
machinery to rev those months up.
There
has been some concern expressed by The Academy that other awards shows
would move earlier, but the only major, The Golden Globes, can’t realistically
move any earlier… a week, tops. If Oscar tries to announce nominations before the Globes, it could
get dicey. But my guess is that
The Academy will close nominations the Friday after the Globes and have
a two-week voting period for the final awards.
It’s tight, but why not? The
current six-week dirge is truly painful.
To read the news story from Reuters, click
here.
PARAMONUMENTAL: I somehow missed Sunday’s business section story on Paramount in
the New York Times, but Roger Friedman (in what read an
awful lot like me on a cranky day) threw it in my face with his column. He basically ripped into the Times for writing
a kind story on the most boring studio in town. So, I expected a big, wet kiss on Sumner
Redstone’s butt… but I got no such thing.
Geraldine Fabrikant may not have come to the typewriter
with the sharpest of knives, but she wasn’t being overly nice.
For instance, she could have pointed out that Paramount took
the cheaper half of Titanic, but also made less than half the
profit that Fox, the bigger spender, made.
While Paramount got about $390 million in domestic rentals for
their $75 million production investment – the $60 million figure she
states is a fish story – Fox got about $720 million in rest-of-the-world
rentals back from their $100 million production investment and own a
moderately profitable production facility in Mexico that represents
the other $50 million invested. The bigger risk-taker got the bigger reward,
but you wouldn’t know that from the way the Titanic tale is framed.
Another example is Fabrikant allowing Sherry Lansing
to get away with claiming Forrest Gump as “one of the riskiest films ever made.” Uh… Tom Hanks, coming off of powering A League of Their
Own to over $100 million domestic back in a time when there were
only eleven $100 million movies a year, and pulling in almost $80 million
for Philadelphia, an AIDS drama in which Hanks plays a sick,
gay man. Zemeckis? He had failed
with Death Becomes Her… and still grossed almost $60 million
domestic. But before that, his
previous four films (the Back to the Future trilogy and Who
Framed Roger Rabbit?) had grossed more than $570 million domestic…
again, back when that was money. Compared
to Cast Away, which cost about double what Gump cost, had a six-month
break in production and featured a 40-minute segment without music or
dialogue, Forrest Gump was a walk in the park.
One more stick in my craw is the argument that Lansing was
right to insist on a star, Sam Jackson, for John Singleton’s
remake of Shaft. I love
Sam Jackson. I am particularly
thrilled that he signed on for the new Ashley Judd woman-in-danger
film, being directed by Phil Kaufman, because Jackson and Kaufman
together are sure to find something worth playing with in what may be
a hackneyed premise. However, Sam Jackson as Shaft
meant a strong opening and a lame film.
As Jackson has complained, he was no longer the sex machine for
all the chicks. And the whole
idea of Shaft was reduced to a cop drama with one bad ass mutha…
hush my mouth… in the lead. But
Shaft could have been a $100 million movie had it been the right
film. Now, maybe there were other problems in that project that would
have gotten in the way. But,
damn it, Shaft is Shaft because it was a black man breaking
new ground. I still say that a Shaft that questioned
both white America and black America could have been something truly
special.
But I digress…
I think Fabrikant did the job. She profiled the most consistent studio in town, acknowledging the
lack of both peaks and valleys. Despite
Friedman’s rant, the Travolta/Judd/Freeman thrillers, which have not
burned up the domestic box office, are still making small profits. The Oscars he seems so worried about are an ego play that most studio execs responsible
for cash flow will admit add little to the profit picture in this day
and age of huge opening and stubby legs.
How much did A Beautiful Mind make in America after Oscar
night? $16 million… less than
10 percent of its domestic gross. The
days when an Oscar meant tens of millions at the box office are long
gone.
Anyway, read it for yourself. Click
here, free subscription required.
BIG BALL BOB:
The Kid Stays in The Picture is a remarkable film. I’m not sure that it’s really a documentary.
It’s something. One of the filmmakers, Brett Morgan,
told The New York Observer, “If Disneyland had a ride called
Bob Evans, this would be it.”
Pretty close. The Observer
story is here.
I’ll review the picture some time next week.
THE CREEPING TERROR:
There’s another interesting article in the New York Times, about
television and a new wave of product placements… even in non-fiction
shows. File it under, “Keep
An Eye Out.” Click
here.
PAGE TWO:
“Getting Old & ROTD”