Week
Of August 6, 2007 - Wed
/ Fri
August
10, 2007
New
Line, Same As The Old Line
People keep repeating
the same tired and obsessive comments about how Shaye has f-ed up by
distancing himself from Peter Jackson and how The Last Mimzy
sucked and did poorly at the box office.
Well, I agree that
Shaye and New Line mis-stepped badly by allowing the PJ situation to
become personal. It is bad on every level. And make no mistake,
the straw that broke the camel's back on both sides was personal.
But one movie is not the difference between New Line's future success
or failure.
I never did see
The Last Mimzy, though people I know who I trust thought it was
pretty decent for what it was. However, it was a marketing disaster
on its face. There was no way to sell it. No hook.
But Russell Schwartz
was in danger long before March and kept his job for months after Mimzy
opened weak. (Need I mention that Mimzy opened to $2.5 million
more than Adam Sandler in Reign Over Me and $6.5 million
more than Oscar hero Terrence Howard's first post-Oscar drama,
Pride? Or that Mimzy significantly outgrossed NL's two
other recent efforts for the kids' market, Hoot and How To
Eat Fried Worms.)
Yes, there are product
problems, but other studios have opened worse movies to better numbers.
Flatly put, Hairspray was New Line's first $20 million opening
in just a week under two years, since Wedding Crashers.
Opening movies is what a marketing department is there to do.
That, and complaining about the crap they have to sell.
There is a problem
at the studio in that Hairspray will also be the only film to
gross over $60 million domestic in those two years since Wedding
Crashers. But then again, New Line is not in the $100 million
(or $300 million, as we saw twice this summer) production business.
For all the talk of the perceived failure of Snakes on a Plane,
it will make money for the studio.
The studio went
4 for 10 on profitability last year, 5 for 10 the year before, and only
3 for 10 in 2004, the year in which most of the Return of the King
money hit the studio purse. But the big difference between
2004 and 2005 and last year is that in both years, the movies that hit
more than covered the relatively small losses from the other films.
Last year, this was not the case.
This year, New Line
is on the way with Hairspray, hopeful about Rush Hour 3 (could
come up short), Shoot 'Em Up, and most importantly, The Golden
Compass, which will define the relationship of the company with
oddparent Time-Warner for years to come.
Patrick Goldstein
does a
decent job covering the state of the studio in a piece that runs
today. Bob Shaye doesn't attempt a mea culpa at all in the piece.
He leaves some of that lifting to Toby Emmerich, the guy who
would traditionally be next in line for the boot if The Golden Compass
comes up short.
The most interesting
question coming from the coverage of New Line and Shaye these days is,
"Who is pulling Nikki Finke's string?" I certainly
can't imagine that Nikki is spinning her
obsessive web o' Shaye-bashing herself (has she ever had an original
idea?), unless perhaps Shaye refused her phone call. (New Line
is one of the companies in town that do the best job of staying away
from the craziest in the journalism ranks.)
I would guess that
it is some agent or crisis manager with Bob Shaye high on their
personal shit list (not a small group) or some old school guy who wants
to take control of New Line for Time-Warner. And with the great
success of Warner Indie, you can see why Time-Warner would want to control
yet another production arm and take greater control of Picturehouse
to boot!
Yet the question
of Nikki's puppetmaster on this one is not interesting enough to be
any more interesting than a quick mention in a gossip blog anyway...
none of this really gets interesting until the Friday numbers for The
Golden Compass are reported internally at the studio.
Ironically, New
Line is a truly old school business. The new model has the dozen-plus
privately funded production companies funding the kind of under-$20m
budget movies that have been New Line's signature since the beginning
and the distributors, like New Line, simply making money on marketing
and distribution.
The greater irony?
It is the expenditures on the potentially big movies, Rush Hour 3
and The Golden Compass, that put the company at the most
risk. Hairspray and a success with Shoot 'Em Up alone
could throw off enough profit for the studio to cover the losses on
all and any of the other pictures that failed. But the $150 million
of Rush Hour 3 and potentially $200 million on The Golden
Compass could be boat sinkers. Divisions like Screen Gems,
which is really an off-shoot of the New Line concept, don't have movies
that cost over $20 million and simply sell the crap out of them.
Good, bad, or indifferent, it's "make it for a price and sell,
sell, sell."
And that is the
rub of Lord of the Rings. It was a huge win for everyone.
But it created a hunger that this company was never intended to satisfy.
And if Shaye and Lynne exit after next year, it will be that success
that really brings them down, not the failures.
Ya gotta love Hollywood!
E
Me.
Week
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Night Mon | You,
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1 Wed / TIFF
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March 14 /
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/ Grindhouse
Fri
Week
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20 Fri
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Of April 16, 2007 - Mon
/ Piaf
Wed
Week
Of April 23, 2007 - Mon
/ Tribeca
Wed / Costner
Fri
Week
Of April 30, 2007 - Spider
Mon
Week
Of May 7, 2007 -
Mon / Wed
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Week
Of May 14, 2007 - 10
Thing Studios Don't Want Wed / Fri
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Of May 21, 2007 - Mon
/ Pirates
Fri
Week
Of May 28, 2007 - Knocked
Up Friday
Week
Of June 4, 2007 - Hostel
2 Mon / Ocean's
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Mon
Week
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/ Sicko
Wed
Week
Of July 2, 2007 - Xanadu
Fri
Week
Of July 9, 2007 - Mon
/ Hairspray
Fri
Week
Of July 23, 2007 - Bourne
Mon / Superbad
Wed
Week
Of July 30, 2007 - Shoot
Em Up Mon /
Fri