It’s been a very long
week and we’re not even over the hump…
Yesterday, people who
link directly to the column had a hard time finding The
THB Fall Preview and those who went to the front page may not have
been sure that there was a regular column
yesterday. In the meanwhile,
we have fielded a number of name misspellings (Sorry, Salma), given
Stanley Donen credit for his movie Charade, suffered a
Robert DeNiro/Al Pacino brain freeze that goes back two decades
for me, noted a week-old MGM/UA move of Dark Blue to 2003, and
heard about the first studio date shift since publication. According to PTAnderson.com, Punch-Drunk
Love is about to move to October 11.
Good choice.
MONEY
CHANGES: Variety’s
Dana Harris has a good story up on the vagaries of foreign financing
in the new millennium. One of
the keys is set up by ICM’s Ken Kamins… the movie business used
to be a showplace for foreign companies to prove they were players. Now, like the American market, they realize that profits are actually
more important than image. People
continue to talk about the internet bubble bursting and killing the
American stock market. That’s
an exaggeration. That correction
has already been adjusted to by the markets… it’s 18 months old. But the comet tail of those high flying internet
kids is dragging along previously solid corporations that tried to fly
as high as fast and damaged their own futures by overreaching… whether
the accounting department is heading to prison or not. The story is
here.
FRIDA!!!!: A reader sent
in a link to a Salma Hayek website (HayekHeaven.com) where I
found four clips from her upcoming film, as well as a wealth of clips
from some press event for the movie with Spanish-language television. Stuck speaking English was the great Geoffrey Rush, who plays
Trotsky in this bio-pic. And
his comment amused me, so I hope it shall do the same for you: “I played Walsingham in Elizabeth and
in that film, Joe Fiennes got to sleep with Cate Blanchett. Then I did Shakespeare in Love. I played Phillip Henslowe, who ran the
Rose Theater, and Joe Fiennes got to sleep with Gwyneth Paltrow. In Frida, or as I like to think of it,
“Trotsky In Love,” I get to sleep with Salma Hayek.”
POOH!!!: Won’t this
stupid story ever die??? Amy
Wallace joins the long list of writers sucked into the Winnie The
Pooh lawsuit against Disney. And
I must say, despite being one of the best industry writers in Los Angeles,
she has found a device for this story that is far more irritating than
entertaining after the first paragraph or so.
Nonetheless, she covers the entire waterfront, from the evolution
of the deal that brought Pooh to Disney to the Nikki Finke lawsuit.
Still, I am so very bored by reading about how the big mean corporation
is roughing up these poor innocents who get $12 million a year for having
a talented relative. It’s not
that Disney might not be ripping these people off for millions, but…
am I asleep yet?… welcome to Hollywood.
I believe that morality is fixed and that wrong is wrong, no
matter who the players, but the $200 million that is really at stake
here – and you know that every lawsuit is priced well over retail so
that deep discounts can be made in negotiations – is not going to destroy
Disney and it’s not going to make The Milne Trust any quicker in paying
their telephone bill… it’s rich people fighting rich people.
And again, on the issue
of how much Pooh generates for Disney… to even suggest that Pooh is
responsible for a quarter of the revenue stream for this multi-national
is just whacked. Yes, Pooh
makes more money for Disney than any of its other characters.
Yes, total sales related to Pooh may be as high as $6 billion
a year. But Disney isn’t hiding
anything or playing fast and loose by saying that most of that money
isn’t coming in to their pocket. Most
of it is generated in licensing arrangements.
But more importantly,
look at the lawsuit that has generated this insane amount of ink. Working backwards from Dan Petrocelli’s
numbers, the Milne family gets about 1 percent of Disney’s revenue from
Pooh each year. The trust seems
to be arguing that they are being shorted around $10 million a year. If that were true, it would put the Pooh income
at about $2 billion a year… not 3… not 6. And that’s what Bert Fields – who is going to maximize the
figure as much as possible – is, by extension, claiming. That is the high number.
Where is the truth? Given the world as it works, I’d bet that Pooh
generated $2 billion for Disney in its best years, but averages $1.5
billion or so. That would mean
that Disney is shorting the Milne trust by about $5 million a year and
owes them somewhere around $100 million in back payments.
Bert Fields may hate Disney, but he’s not a dumb man and
Disney exploits the Pooh property better than anyone else could hope
to, so don’t believe the hype that he wants to strip Pooh from the Mouse
House. His clients just need to get paid.
I wish this thing would
settle already… it’s boring me to tears.
(Amy Wallace’s
story is here.)
READER
OF THE DAY: CHRIS FAILES
sent this is for people who are really, really interested: “Wanted to point you to my own column today on City
by the Sea-- so much has been changed by the screenwriter from what
really happened in '96-- thought you, of all people, would enjoy. The
column is
here.
HIS HAIRYNESS writes: “1) Great Fall Preview. All of the films coming out this fall that
might be worth our time seems staggering.
Simply, staggering. Sure,
there will be some flat out failures, but when a Fall appears this good
on paper. A fan of films (and even those blasted geeks)
cant help but get excited. If
it could only get cool sooner. It
was also interesting for me to find out that the Summer movie season
ends before the actual season. I
guess when you start the Summer movie season in the last week of April,
things like this are bound to happen.
2) Tobey Maguire and
his people are out of their damn fool minds.
Asking for 15 million dollars from a studio for a movie that
seems like making 35 to 50 million dollars will be a struggle. Is bloody daft. Not to mention
he is playing a jockey. Great,
Spider-man is a jockey. If they
needed a paycheck so damn bad why didnt they send Tobey over to freakin
Japan and have him sell jeans, bear, and soy burgers?
I hope the movie is good and Tobey portrays some of the charisma
he has had in other movies he did not exactly have in Spider-man. Never the less, this is baffling.”
And this came in from JACON, LETTUS & TOMATO: “I had been curious on what project Tobey Maguire
would choose as a follow up for Spider-Man. The guy certainly is picky. I'm
sure he had plenty of offers after Cider House and Wonder Boys
but since then he's made only one film.
The guy is pretty smart. In
the late 90's he managed to avoid making any dumb teen sex comedies
or slasher films and how many actors his age can say they have been
directed by Woody Allen, Lasse Hallstrom, Terry Gilliam, Sam Raimi,
Curtis Hanson, and Ang Lee twice.
Now granted a movie about a race horse doesn't sound very cutting
edge or blockbuster material, but at the very least Gary Ross
is a good storyteller and Maguire knows a good script when he sees it.
Plus, the book has a big following and it attracts a different
audience than Spiderman. The
Hollywood reporter article mentioned that Universal was looking at Mel
Gibson and Sam Shepherd for the roles of the trainer and
the owner of Sea Biscuit, so Maguire won't be out on his own.
Most of all though, the character
of Red Pollard is very different than the sensitive nerd types
that Maguire has made his career on.
He's a larger than life character; a former boxer, an alcoholic,
cocky as hell, and good with the ladies.
I think the bottom line is that I admire Maguire's choice of
roles over the other actors of his generation.
None of his films except for Spiderman have done anything at
the box office, but Maguire has established a healthy career
for himself by appearing in good films that people actually remember. Nobody will care about Scream 3, American
Pie 2, Scooby Doo, or Charlies Angels in 5 years, but through
word of mouth, dvds, and cable TV, people will still be watching Pleasantville,
The Ice Storm, and Wonder Boys and associate Maguire with
good movies. He is not Tom
Hanks or Tom Cruise yet, but I think he is smartly building
an audience and will be around for a long time.”
E
ME: I know… where’s
the Signs stuff? Sorry.
Tight schedule this morning.
Tomorrow.