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Johnny Depp’s $20 Million Dispute to Turn Legal?
Posted by Andru Edwards Categories: Biopics, Drama, Period, Celebrity Gossip, Rumors, Upcoming Releases,
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Johnny Depp's $20 million salary dispute could lead to a lawsuit.
The actor allegedly pulled out of starring in a movie about mobster Whitey Bulger last week after he was asked to cut his eight-figure pay day in half by financiers Cross Creek and Exclusive Media, and sources indicate the contentious situation could lead to an expensive court battle.
"Either his team screwed up and left him exposed or Cross Creek is simply reneging on its deal. Someone is suing someone at the end of this," an insider said.
Johnny, 49, closed a pricey deal to star in Black Mass, however, walked away from his role on May 30 when the producers asked him to slash his fee to $10 million, fearing the picture would cost $63 million - $13 million more than the anticipated budget. The troubles don't end there, though, as producers could face trouble after selling rights to the film in international territories on the basis that the Pirates of the Caribbean actor would star. "The second they asked him to take a cut, that was a mistake. They overplayed their hand," a source said.
Click to continue reading Johnny Depp’s $20 Million Dispute to Turn Legal?
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Digital Movie Screens Come to Hollywood
Posted by Sheila Franklin Categories: Corporate News, Misc. Tech, Movies,
Access Integrated Technologies says it has joined with Disney, 20th Century Fox, and Paramount to convert 10,000 movie screens to digital. AIT figures it will cost up to $700 million and take 3 years to complete the project, which was started in October with the transformation of 3,700 theaters. For an additional $25,000 for extra hard and software, the same screens can be used for 3-D movies, such as the recent Hannah Montana flick. Hollywood knows that they make more money than 2-D, so we guess the amount will pay for itself since we don’t see any bigtime celebs offering to take pay cuts.
Read More 
| ABC News
Writers Continue Without Studios
Posted by Sheila Franklin Categories: Corporate News, Internet, Movies, Videos,
And the beat goes on. As studios continue to lose millions to make a point, many of the writers on strike have taken it out online as we reported earlier. At the very least it can be a sort of therapy. Director/Writer George Hickenlooper has developed a series of short films to show his support. Dubbed “Speechless,” it seems proof that if a writer has to write, they can always skip the middleman. In all, 7 Silcon Valley investors and Hollywood folks have formed companies to create work without studio assistance.
Read More | stuff
Is a Writer’s Strike Imminent?
Posted by K.C. Morgan Categories: Reality, American Idol, Gossip, News,
It’s been making headlines for months as negotiations continue to drag, but that doesn’t mean the bomb has been completely defused. In fact, it’s ticking louder than ever before. The union representing TV and film writers (the Writers Guild of America) is currently trying to work a deal with the networks and studios (the Alliance of Motion Picture and Television Producers)—unfortunately, things aren’t going well.
Back in 1988 during the famous writers’ walkout, the entertainment industry lost an estimated $500 million when writers refused to produce scripts. Today? A strike would be even more damaging. The current issues up for debate include splitting revenues for new media, and whether reality shows should be unionized. The guild could call for a strike as early as November 1, which would really put a damper on the fall season…and even the mid-season, if things aren’t worked out. As a result, studios have moved up production schedules to shoot as many new episodes as possible, before any work has to stop. Extra script orders are coming in…which isn’t making it any easier for the possibly-striking writers. The good news is that reality shows don’t use writers (at least, that’s the official story), so fan favorites like American Idol should be safe from the threat…but that also means the mid-season could be crammed with reality and re-runs…and not a whole lot more.
Read More | LA Times
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