Philanthropic organization Social Impact Fund celebrated its 10-year anniversary in Los Angeles on Tuesday night and, in typical charitable fashion, used the occasion to gift a $50,000 donation to the Entertainment Community Fund. Annette Bening, the new chair of the Ecf, was on hand to accept the grant and get frank about the need for financial assistance as both the writers and actors strikes rage on.
Noting that the Ecf (formerly known as the Actors Fund) has given out $4.8 million in grants for immediate needs to people in the industry since the WGA strike began in May, Bening told the crowd, “The situation is really serious out there for those of us in show business. There are a lot of people who are in dire financial conditions, so this fund that we have, this is one of the things that we do; it’s emergency cash and the average distribution is...
Noting that the Ecf (formerly known as the Actors Fund) has given out $4.8 million in grants for immediate needs to people in the industry since the WGA strike began in May, Bening told the crowd, “The situation is really serious out there for those of us in show business. There are a lot of people who are in dire financial conditions, so this fund that we have, this is one of the things that we do; it’s emergency cash and the average distribution is...
- 8/23/2023
- by Kirsten Chuba
- The Hollywood Reporter - Movie News
“So we’re down in Uvalde, right?” Anita Busch tells me in one of the lengthy, emotional conversations we’ve had this summer. She is describing the aftermath of the 2022 Texas mass shooting in which 21 grade-school students and teachers died. “I have the team down here in Uvalde for a fifth time. And we’re getting ready to head over to Nashville to help over there,” she says. “As soon as we hit the road, I get word that there’s been a mass shooting at the outlet mall in Allen, Texas. So we divert over there instead.”
Back in the late 1990s, when Busch was a leading entertainment journalist, her points of reference all centered around Hollywood: “Paramount.” “Fox.” “CAA.” But this is her road map now: “Uvalde.” “Orlando.” “Allen” — scenes of the unthinkable yet increasingly commonplace mass-casualty shootings that have thrust the country into a seemingly unending cycle of terror,...
Back in the late 1990s, when Busch was a leading entertainment journalist, her points of reference all centered around Hollywood: “Paramount.” “Fox.” “CAA.” But this is her road map now: “Uvalde.” “Orlando.” “Allen” — scenes of the unthinkable yet increasingly commonplace mass-casualty shootings that have thrust the country into a seemingly unending cycle of terror,...
- 8/16/2023
- by Seth Abramovitch
- The Hollywood Reporter - Movie News
The investigative docuseries "The New York Times Presents" has examined some of the most high-profile stories in news and pop culture since its debut in 2019, ranging from Janet Jackson's Super Bowl wardrobe malfunction to the conservatorship of Britney Spears. The latest installment in the series, "Sin Eater: The Crimes of Anthony Pellicano," dives into the gritty work of "Hollywood Fixer" Anthony Pellicano, a private investigator that worked for some of Hollywood's top lawyers, musicians, comedians, actors, and more from the 1980s to the early 2000s.
Pellicano's unorthodox and often ruthless methods ultimately led to his downfall. In 2006, he was formally out of the business when he was arrested on charges of conspiring to wiretap and blackmail. After a trial that exposed his covert operation, he was sentenced to 15 years in prison in 2008.
Before watching "Sin Eater: The Crimes of Anthony Pellicano," which hit FX and Hulu on March 10, here...
Pellicano's unorthodox and often ruthless methods ultimately led to his downfall. In 2006, he was formally out of the business when he was arrested on charges of conspiring to wiretap and blackmail. After a trial that exposed his covert operation, he was sentenced to 15 years in prison in 2008.
Before watching "Sin Eater: The Crimes of Anthony Pellicano," which hit FX and Hulu on March 10, here...
- 3/10/2023
- by Alicia Geigel
- Popsugar.com
Money may very well equal power, but so does information — especially the dirty kind. Hollywood understands this. From The Sweet Smell of Success to L.A. Confidential, the movies are laden with bullying blackmailers and influence-peddlers using muscle and corruption to scrub the tainted and gain an upper hand. The dynamic, of course, is quite real, and the gripping new two-part documentary Sin Eater: The Crimes of Anthony Pellicano provides a fine if troubling look at how it works in contemporary showbiz.
The latest production from FX’s The New York Times Presents series,...
The latest production from FX’s The New York Times Presents series,...
- 3/10/2023
- by Chris Vognar
- Rollingstone.com
Throughout dozens of interviews in FX’s Sin Eater: The Crimes of Anthony Pellicano, one particular description of the whole saga comes up again and again: “It’s like a movie.” And it really is, with its attention-grabbing combination of big money, celebrity scandal and illegal espionage. A drama, perhaps, about the sordid excesses of showbiz. Or one about determined journalists taking a corrupt system to task. Maybe it’s a spy thriller, or a juicy tell-all, or a character study of a villain, or a tragedy about lingering trauma.
Each version of this tale has its undeniable pull, and Sin Eater takes on notes of them all at various points. But if such a multifaceted approach reflects admirable and ambitious intentions, it also scatters its attention — resulting in a gripping docuseries that nevertheless lands more softly than it should.
Directed by John Pappas, Sin Eater is loosely split into two parts.
Each version of this tale has its undeniable pull, and Sin Eater takes on notes of them all at various points. But if such a multifaceted approach reflects admirable and ambitious intentions, it also scatters its attention — resulting in a gripping docuseries that nevertheless lands more softly than it should.
Directed by John Pappas, Sin Eater is loosely split into two parts.
- 3/9/2023
- by Angie Han
- The Hollywood Reporter - Movie News
Friday night was coming up fives in primetime for the major networks, as five – count ’em – five shows tied for the top demo mark on the evening.
The CBS crime drama lineup was the king of Friday night, as Swat, Magnum Pi, and Blue Bloods all came in with an 0.5 rating in the 8 Pm to 11 Pm span. Blue Bloods also had the highest overall total viewership at – you guessed it – 5.90 million.
Not to be outdone, ABC’s Shark Tank also came in with an 0.5 on the night. Its trailing 20/20 newsmag had an 0.3 for its examination of the Rust on-set shooting incident, a program that included more of George Stephanopoulos’ exclusive talk with Alec Baldwin from last week. But the real point of the show was the featured analysis, which included by Deadline’s own Dominic Patten and former editor Anita Busch.
Also scoring an 0.5 on the night was Fox’s WWE Friday Night SmackDown,...
The CBS crime drama lineup was the king of Friday night, as Swat, Magnum Pi, and Blue Bloods all came in with an 0.5 rating in the 8 Pm to 11 Pm span. Blue Bloods also had the highest overall total viewership at – you guessed it – 5.90 million.
Not to be outdone, ABC’s Shark Tank also came in with an 0.5 on the night. Its trailing 20/20 newsmag had an 0.3 for its examination of the Rust on-set shooting incident, a program that included more of George Stephanopoulos’ exclusive talk with Alec Baldwin from last week. But the real point of the show was the featured analysis, which included by Deadline’s own Dominic Patten and former editor Anita Busch.
Also scoring an 0.5 on the night was Fox’s WWE Friday Night SmackDown,...
- 12/11/2021
- by Bruce Haring
- Deadline Film + TV
Michael Ovitz’s insurance company says it’s not obligated to pay a larger share of his nearly $13 million settlement with journalist Anita Busch — in a suit that alleged he hired infamous fixer Anthony Pellicano to intimidate her following a series of critical articles — because her claims against him didn’t arise from an accident.
Ovitz has admitted he hired Pellicano to investigate Busch but denies directing the harassment, and agreed to a settlement in 2018 just days before trial was set to begin. Busch had alleged that Ovitz paid Pellicano to intimidate her in 2002 and 2003, which ...
Ovitz has admitted he hired Pellicano to investigate Busch but denies directing the harassment, and agreed to a settlement in 2018 just days before trial was set to begin. Busch had alleged that Ovitz paid Pellicano to intimidate her in 2002 and 2003, which ...
- 8/13/2021
- The Hollywood Reporter - Movie News
Michael Ovitz’s insurance company says it’s not obligated to pay a larger share of his nearly $13 million settlement with journalist Anita Busch — in a suit that alleged he hired infamous fixer Anthony Pellicano to intimidate her following a series of critical articles — because her claims against him didn’t arise from an accident.
Ovitz has admitted he hired Pellicano to investigate Busch but denies directing the harassment, and agreed to a settlement in 2018 just days before trial was set to begin. Busch had alleged that Ovitz paid Pellicano to intimidate her in 2002 and 2003, which ...
Ovitz has admitted he hired Pellicano to investigate Busch but denies directing the harassment, and agreed to a settlement in 2018 just days before trial was set to begin. Busch had alleged that Ovitz paid Pellicano to intimidate her in 2002 and 2003, which ...
- 8/13/2021
- The Hollywood Reporter - Film + TV
Colorado Congressmen Ed Perlmutter (D-co) and Jason Crow (D-co) have re-introduced a Resolution in the U.S. House of Representatives to designate July 20 as “National Heroes Day” to honor the nation’s everyday heroes.
The campaign to delegate July 20th as National Heroes Day has received the support of several notable filmmakers and celebrities in the entertainment industry and as well as some of this country’s longtime philanthropic leaders, such as Anthony Kennedy Shriver, Founder, Chairman and CEO of Best Buddies and Eric Zahren, President of the 117 year-old Carnegie Hero Fund.
The resolution was first introduced last year on July 20 and sought to also recognize the everyday heroes across the 50 states who came to the aid of others during the Covid pandemic.
“The Carnegie Hero Fund is proud to support the National Heroes Day initiative and its efforts to shine a light on everyday heroes all around us,” said Hero Fund President Eric Zahren.
The campaign to delegate July 20th as National Heroes Day has received the support of several notable filmmakers and celebrities in the entertainment industry and as well as some of this country’s longtime philanthropic leaders, such as Anthony Kennedy Shriver, Founder, Chairman and CEO of Best Buddies and Eric Zahren, President of the 117 year-old Carnegie Hero Fund.
The resolution was first introduced last year on July 20 and sought to also recognize the everyday heroes across the 50 states who came to the aid of others during the Covid pandemic.
“The Carnegie Hero Fund is proud to support the National Heroes Day initiative and its efforts to shine a light on everyday heroes all around us,” said Hero Fund President Eric Zahren.
- 7/21/2021
- by Anthony D'Alessandro
- Deadline Film + TV
Editor’s note: When he ran Universal Pictures and after he left to partner with Ivan Reitman in Montecito, Tom Pollock was a favorite call for journalists. He was not only a humorous truth teller with a spine, but one of those rare people who left us walking away from a call always feeling smarter for it. Deadline’s former film editor Anita Busch remembers those experiences and what Pollock, who died Saturday, meant to her and those who worked for him.
It’s an odd feeling when you read obituaries printed about a man, and none of them actually captures the true nature of who that dynamic person was. So was the case with former Universal Pictures chairman Tom Pollock, who I came to know as a journalist covering the business for 30 years.
I honestly don’t remember what story we first met over, but I knew pretty quickly...
It’s an odd feeling when you read obituaries printed about a man, and none of them actually captures the true nature of who that dynamic person was. So was the case with former Universal Pictures chairman Tom Pollock, who I came to know as a journalist covering the business for 30 years.
I honestly don’t remember what story we first met over, but I knew pretty quickly...
- 8/4/2020
- by Anita Busch
- Deadline Film + TV
A lot of us have read Dr. Seuss books, yeah? Well it shouldn’t be too hard to believe that a biopic of the famed children’s author should be an idea that would be brought to the screen. But who to cast for his role, and that of his wife, would be kind of difficult to really pin down since we’d have to know just what period of the man’s life that a director was going to focus on. If you go by the example in a Deadline article by Anita Busch then it would be easy enough to assume that
Casting a Dr. Seuss Biopic...
Casting a Dr. Seuss Biopic...
- 10/16/2019
- by Tom
- TVovermind.com
Notorious Hollywood fixer and private investigator Anthony Pellicano was released from prison on Friday — his 75th birthday — after serving 15 years at Terminal Island Federal Correctional Institution in San Pedro, California.
Pellicano had an A-list clientele of Hollywood stars and executives that included Michael Jackson, CAA co-founder Michael Ovitz and Tom Cruise. Pellicano spent more than a decade in prison after being convicted of 78 crimes, including wiretapping, racketeering and wire fraud.
In 2017, a judge upheld Pellicano’s 15-year prison sentence, calling it “reasonable and sufficient” despite a technical error in the 2008 trial which resulted in two of Pellicano’s charges being vacated by an appeals court in 2015.
Also Read: Former La Times Reporter Anita Busch's Suit Against Hollywood Pi Gets June Trial Date
Pellicano faces three years of supervision.
In December 2008, a federal judge sentenced Pellicano to 15 years in prison and ordered him and two other defendants to forfeit a total of $2 million.
Pellicano had an A-list clientele of Hollywood stars and executives that included Michael Jackson, CAA co-founder Michael Ovitz and Tom Cruise. Pellicano spent more than a decade in prison after being convicted of 78 crimes, including wiretapping, racketeering and wire fraud.
In 2017, a judge upheld Pellicano’s 15-year prison sentence, calling it “reasonable and sufficient” despite a technical error in the 2008 trial which resulted in two of Pellicano’s charges being vacated by an appeals court in 2015.
Also Read: Former La Times Reporter Anita Busch's Suit Against Hollywood Pi Gets June Trial Date
Pellicano faces three years of supervision.
In December 2008, a federal judge sentenced Pellicano to 15 years in prison and ordered him and two other defendants to forfeit a total of $2 million.
- 3/22/2019
- by Trey Williams
- The Wrap
Exclusive: Paramount Pictures is in negotiations to acquire feature pitch Bullseye from screenwriter Chris Boal in a competitive situation with multiple bidders. The original idea is from La La Land producer Jordan Horowitz who will produce via his banner Original Headquarters.
The pitch is a sort of throwback to paranoid thrillers of the 1970s like Parallax View and All the President’s Men, but this one is set in the present with contemporary issues that come from social media and the dark underbelly of the online community.
We understand that Alex Jackson will oversee the development of the project for Paramount Pictures.
Boal is an award-winning playwright who just finished writing the Chris Paciello story for New Line Cinema with Chuck Roven’s Atlas producing. Previously he wrote Vanguard with Alexsander Skaarsgard to star for Warner Bros.
Horowitz is currently in post on Stargirl for Walt Disney Studios, directed by...
The pitch is a sort of throwback to paranoid thrillers of the 1970s like Parallax View and All the President’s Men, but this one is set in the present with contemporary issues that come from social media and the dark underbelly of the online community.
We understand that Alex Jackson will oversee the development of the project for Paramount Pictures.
Boal is an award-winning playwright who just finished writing the Chris Paciello story for New Line Cinema with Chuck Roven’s Atlas producing. Previously he wrote Vanguard with Alexsander Skaarsgard to star for Warner Bros.
Horowitz is currently in post on Stargirl for Walt Disney Studios, directed by...
- 2/6/2019
- by Amanda N'Duka
- Deadline Film + TV
Exclusive: Lorraine Toussaint, who currently stars in AMC’s Into the Badlands, has been cast as the feminist, civil rights advocate and activist Flo Kennedy in the upcoming biopic on iconic women’s rights leader Gloria Steinem which is being directed by Julie Taymor. The Glorias stars Julianne Moore and Alicia Vikander who are both playing Steinem at various stages of her life. The film is based on Steinem’s memoir.
Flo Kennedy was a powerhouse and somewhat flamboyant civil rights activist who often showed up in her cowboy hat, false eyelashes and pink sunglasses. She said that she liked to make white people nervous. She organized the protest against the Miss America contest and was arrested more than once in standing up for the rights of women and blacks. She later went on the lecture circuit with Steinem.
Alex Saks is producing the project via her Page Fifty-Four Pictures,...
Flo Kennedy was a powerhouse and somewhat flamboyant civil rights activist who often showed up in her cowboy hat, false eyelashes and pink sunglasses. She said that she liked to make white people nervous. She organized the protest against the Miss America contest and was arrested more than once in standing up for the rights of women and blacks. She later went on the lecture circuit with Steinem.
Alex Saks is producing the project via her Page Fifty-Four Pictures,...
- 1/23/2019
- by Amanda N'Duka
- Deadline Film + TV
Netflix’s The Last Laugh is laughing first with the initial trailer from its film starring Chevy Chase, Andie MacDowell and Richard Dreyfuss, which bows in January.
Emmy winner Chase, MacDowell, and Oscar winner Dreyfuss weave the tale of talent manager and widower Al Hart. After 50 years, he reunites with former client Buddy Green, who gave up a promising career as a stand-up comedian to settled down to raise a family. After Al convinces Buddy to perform on a bucket list tour of classic stand-up venues across the Us, Buddy gets one last taste of the life he could have had.
The Netflix original comedy is written and directed by Greg Pritikin (Dummy) and hails from producer Rob Paris of Paris Film, Inc. It also co-stars Lewis Black (Inside Out), Kate Micucci (The Lego Batman Movie) and Chris Parnell (Battle of the Sexes).
“For me, The Last Laugh is about...
Emmy winner Chase, MacDowell, and Oscar winner Dreyfuss weave the tale of talent manager and widower Al Hart. After 50 years, he reunites with former client Buddy Green, who gave up a promising career as a stand-up comedian to settled down to raise a family. After Al convinces Buddy to perform on a bucket list tour of classic stand-up venues across the Us, Buddy gets one last taste of the life he could have had.
The Netflix original comedy is written and directed by Greg Pritikin (Dummy) and hails from producer Rob Paris of Paris Film, Inc. It also co-stars Lewis Black (Inside Out), Kate Micucci (The Lego Batman Movie) and Chris Parnell (Battle of the Sexes).
“For me, The Last Laugh is about...
- 12/28/2018
- by Bruce Haring
- Deadline Film + TV
City of Lies, the Brad Furman-directed crime thriller starring Johnny Depp and Forest Whitaker and based on the true story behind the investigation into the murder of rap star Notorious B.I.G., has been pulled off its September 7 release date.
Global Road, which acquired the movie’s original distributor Open Road last summer, has not set a new date for the pic, we’re told. It was set to hit screens on what would have been the 46th birthday of the iconic rapper, aka Biggie Smalls, who was gunned down in 1997 in a drive-by in Los Angeles.
The news comes less than month after the film’s location manager sued Depp, accusing the actor of assault and battery on the set in April 2017. Gregg “Rocky” Brooks said he was repeatedly hit by Depp after being informed that filming that night in downtown L.A. was going to have to wrap late.
Global Road, which acquired the movie’s original distributor Open Road last summer, has not set a new date for the pic, we’re told. It was set to hit screens on what would have been the 46th birthday of the iconic rapper, aka Biggie Smalls, who was gunned down in 1997 in a drive-by in Los Angeles.
The news comes less than month after the film’s location manager sued Depp, accusing the actor of assault and battery on the set in April 2017. Gregg “Rocky” Brooks said he was repeatedly hit by Depp after being informed that filming that night in downtown L.A. was going to have to wrap late.
- 8/6/2018
- by Patrick Hipes
- Deadline Film + TV
Exclusive: Ant Farm, among the highest-profile entertainment marketing companies in Hollywood, is shuttering. Deadline hears that the move was announced internally this morning in a meeting called by top brass of Ant Farm’s parent company Omnicom, which told employees that operations would cease in 60 days. We hear that employees will get a severance package.
Sources say Omnicom is cutting all business that is not showing a profit. That means they are shutting down the entire Los Angeles-based company, which during the past 18 months has undergone key exec departures (and clients with them), layoffs and downsizing.
An employee at Ant Farm’s L.A. office who answered the phone declined to offer details when contacted by Deadline today, referring a request to a New York spokesperson. New York-based reps from Omnicom did not respond to requests for comment.
Ant Farm had been among the bigger Hollywood firms in the incredibly...
Sources say Omnicom is cutting all business that is not showing a profit. That means they are shutting down the entire Los Angeles-based company, which during the past 18 months has undergone key exec departures (and clients with them), layoffs and downsizing.
An employee at Ant Farm’s L.A. office who answered the phone declined to offer details when contacted by Deadline today, referring a request to a New York spokesperson. New York-based reps from Omnicom did not respond to requests for comment.
Ant Farm had been among the bigger Hollywood firms in the incredibly...
- 7/27/2018
- by Patrick Hipes and Dade Hayes
- Deadline Film + TV
Exclusive: Ron Burkle’s Yucaipa Companies has filed suit against Lantern Capital today accusing the private equity firm of fraud, breach of contract and other charges in connection with the purchase of The Weinstein Company assets.
Looking for a wide range of damages, Yucaipa is claiming it shared confidential information with Lantern as the Dallas-based company positioned itself as the stalking horse bidder for TWC’s assets. Now, Burkle’s side says Lantern is refusing to pay a 2% transaction fee that was promised in exchange for its expertise.
“It appears that Lantern never intended to honor the oral agreement, but only fraudulently induced Yucaipa to enter into the oral agreement so that Lantern could use the confidential information to become the stalking horse bidder in the bankruptcy,” according to the jury trial seeking suit submitted Monday in L.A. Superior Court contends. (read it here)
A spokesperson for Lantern told...
Looking for a wide range of damages, Yucaipa is claiming it shared confidential information with Lantern as the Dallas-based company positioned itself as the stalking horse bidder for TWC’s assets. Now, Burkle’s side says Lantern is refusing to pay a 2% transaction fee that was promised in exchange for its expertise.
“It appears that Lantern never intended to honor the oral agreement, but only fraudulently induced Yucaipa to enter into the oral agreement so that Lantern could use the confidential information to become the stalking horse bidder in the bankruptcy,” according to the jury trial seeking suit submitted Monday in L.A. Superior Court contends. (read it here)
A spokesperson for Lantern told...
- 7/16/2018
- by Dawn C. Chmielewski and Dominic Patten
- Deadline Film + TV
Exclusive: Julia Roberts has come aboard the feature adaptation of Chris Cleave’s best-selling novel, Little Bee, which Kathleen Robertson is penning. The project is being developed at Amazon Studios.
Based on the book by Chris Cleve, the human-triumph story is a dual narrative about a young Nigerian asylum-seeker named Little Bee and British magazine editor Sarah O’ Rourke (Roberts), who meet during the oil conflict in the Niger Delta and are reunited in England several years later under mysterious and complex circumstances.
The project will be produced by Roberts under her Red Om Films banner, along with her producing partners Lisa Gillan and Marisa Yeres Gill. Gil Netter will also produce.
Back in 2009, it was reported that Nicole Kidman would star in a Little Bee adaption produced by BBC Films and Kidman’s Blossom Films.
Roberts, who won an Oscar for Erin Brockovich, was...
Based on the book by Chris Cleve, the human-triumph story is a dual narrative about a young Nigerian asylum-seeker named Little Bee and British magazine editor Sarah O’ Rourke (Roberts), who meet during the oil conflict in the Niger Delta and are reunited in England several years later under mysterious and complex circumstances.
The project will be produced by Roberts under her Red Om Films banner, along with her producing partners Lisa Gillan and Marisa Yeres Gill. Gil Netter will also produce.
Back in 2009, it was reported that Nicole Kidman would star in a Little Bee adaption produced by BBC Films and Kidman’s Blossom Films.
Roberts, who won an Oscar for Erin Brockovich, was...
- 6/11/2018
- by Amanda N'Duka
- Deadline Film + TV
Relativity Media founder Ryan Kavanaugh sued his former production president Adam Fields for $50 million on Thursday, claiming that Fields illegally leaked documents from a private arbitration that mistakenly paints Kavanaugh as a fraud.
The breach of contract suit says that Fields gave only selective parts of documents to a U.S. bankruptcy court this week in a larger effort to mislead the entertainment industry and public that Kavanaugh forged evidence of sexual harassment against Fields and used it as an excuse to fire him.
“The preparation, selection and attachment of the arbitration-related materials … was done for the improper purposes of distracting and deflecting attention from Fields’ history of improper conduct, especially in light of the #MeToo movement, and harming Kavanaugh,” according to the suit, which was obtained by TheWrap.
Representatives for Fields did not immediately respond to requests for comment.
Also Read: Relativity Fabricated Sexual Harassment Accusations Against Former Executive,...
The breach of contract suit says that Fields gave only selective parts of documents to a U.S. bankruptcy court this week in a larger effort to mislead the entertainment industry and public that Kavanaugh forged evidence of sexual harassment against Fields and used it as an excuse to fire him.
“The preparation, selection and attachment of the arbitration-related materials … was done for the improper purposes of distracting and deflecting attention from Fields’ history of improper conduct, especially in light of the #MeToo movement, and harming Kavanaugh,” according to the suit, which was obtained by TheWrap.
Representatives for Fields did not immediately respond to requests for comment.
Also Read: Relativity Fabricated Sexual Harassment Accusations Against Former Executive,...
- 6/7/2018
- by Matt Donnelly
- The Wrap
Exclusive: Lionsgate Entertainment is in advanced negotiations to acquire top management/production company 3 Arts Entertainment, sources said. I hear Lionsgate is in talks to buy 50% of 3 Arts with an option to acquire the remaining 50% in five years.
Details about the deal are sketchy, but I hear it pegs 3 Arts’ valuation at $300 million at the least, with some sources indicating it could be closer to $350 million. I hear the management/production company’s leadership would be staying put after the transaction. That includes 3 Arts partners Erwin Stoff, Michael Rotenberg, Howard Klein, David Miner, Dave Becky, Nick Frenkel and Molly Madden.
Lionsgate and 3 Arts had no comment.
Lionsgate had indicated that it was on the market for acquisitions, and had been looking at several management/production companies over the past several months as a way of getting closer to talent, sources said. Meanwhile, 3 Arts last year retained the independent investment bank Moelis & Co.
Details about the deal are sketchy, but I hear it pegs 3 Arts’ valuation at $300 million at the least, with some sources indicating it could be closer to $350 million. I hear the management/production company’s leadership would be staying put after the transaction. That includes 3 Arts partners Erwin Stoff, Michael Rotenberg, Howard Klein, David Miner, Dave Becky, Nick Frenkel and Molly Madden.
Lionsgate and 3 Arts had no comment.
Lionsgate had indicated that it was on the market for acquisitions, and had been looking at several management/production companies over the past several months as a way of getting closer to talent, sources said. Meanwhile, 3 Arts last year retained the independent investment bank Moelis & Co.
- 4/18/2018
- by Nellie Andreeva
- Deadline Film + TV
Veteran talent agent Jeff Berg is among a group of entertainment industry executives who’ve been quietly advising Lantern Capital on a plan to move forward, should the stalking horse bidder emerge with The Weinstein Co.’s film and television assets.
The Dallas-based private equity firm, whose diverse holdings include luxury hotels, automotive dealerships and zinc recycling operations, is seeking industry expertise as it prepares to make its initial investment in the entertainment business.
Lantern’s executives have been traveling from New York to Los Angeles, meeting with talent and studio and network executives, as it maps out the studio’s future. It hopes to preserve the Weinstein Co.’s assets, some of which have escaped the bankruptcy auction.
The private equity firm’s co-founders, Andy Mitchell and Milos Brajovic, haven’t spoken publicly about their plans for the studio, other in broad brush strokes — saying they hope to position...
The Dallas-based private equity firm, whose diverse holdings include luxury hotels, automotive dealerships and zinc recycling operations, is seeking industry expertise as it prepares to make its initial investment in the entertainment business.
Lantern’s executives have been traveling from New York to Los Angeles, meeting with talent and studio and network executives, as it maps out the studio’s future. It hopes to preserve the Weinstein Co.’s assets, some of which have escaped the bankruptcy auction.
The private equity firm’s co-founders, Andy Mitchell and Milos Brajovic, haven’t spoken publicly about their plans for the studio, other in broad brush strokes — saying they hope to position...
- 4/12/2018
- by Dawn C. Chmielewski
- Deadline Film + TV
About a dozen CodePink demonstrators showed up today outside Wme’s Beverly Hills offices to protest Saudi Prince Mohammed Bin Salman, known as Prince Salman. Wme has been working to finalize a deal whereby the Public Investment Fund of Saudi Arabia will acquire a 5%-10% stake in Endeavor (the holding company for Wme) for roughly $400M.
CodePink is a women-initiated grassroots peace and social justice movement that seeks positive social change through proactive, creative protest and nonviolent direct action. Its member have been up in arms over the treatment of women in Yemen and the massive humanitarian crisis caused by the government itself. “This is a man who does not allow freedom for women,” said CodePink co-founder Jodie Evans. “He’s a dictator, and he’s bombing Yemen. There is nothing charming about this prince.”
The prince went to Wme following a meeting with Mayor Eric Garcetti to talk about investment in Los Angeles.
CodePink is a women-initiated grassroots peace and social justice movement that seeks positive social change through proactive, creative protest and nonviolent direct action. Its member have been up in arms over the treatment of women in Yemen and the massive humanitarian crisis caused by the government itself. “This is a man who does not allow freedom for women,” said CodePink co-founder Jodie Evans. “He’s a dictator, and he’s bombing Yemen. There is nothing charming about this prince.”
The prince went to Wme following a meeting with Mayor Eric Garcetti to talk about investment in Los Angeles.
- 4/2/2018
- by David Robb
- Deadline Film + TV
Former Los Angeles Times reporter Anita Busch has settled her longstanding legal dispute with CAA co-founder Michael Ovitz, Busch’s attorney told TheWrap on Monday. “The case has been resolved as between Anita Busch and Michael Ovitz,” Busch’s attorney, Evan Marshall, told TheWrap. Details of the settlement were not disclosed. Also Read: Former La Times Reporter Anita Busch's Suit Against Hollywood Pi Gets June Trial Date Busch accused Ovitz and other defendants of “threats and assaults on (her) life,” including one incident when a dead fish and a rose were placed on her windshield, along with a note reading, “Stop!” The suit stemmed from...
- 1/29/2018
- by Tim Kenneally
- The Wrap
Almost 16 years after Anita Busch discovered a dead fish on the shattered front window of her car, along with the threatening word “Stop”, the journalist has come to a settlement with former CAA boss Mike Ovitz. “The matter has been resolved between our client and Michael Ovitz,” Busch attorney Evan Marshall told Deadline today, revealing no details. Seemingly hammered out in recent days and announced by Busch’s lawyers in Los Angeles Superior Court on Monday morning…...
- 1/29/2018
- Deadline TV
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