Hollywood Heads Roll as DVD Sales Plunge

(NEWSER) - Hollywood's toughest power brokers—the big shot "10 percenters" of the top talent agencies—are no longer immune to the recession, reports the Independent. With the merger between former rival agencies William Morris and Endeavor officially approved, 100 top agents got the ax. Officials of the new entity hope the combined strength will help it weather the economic downturn, which has led to industry-wide salary cuts. More»

Sundance speech gets testy

(NEWSER) - Spike Lee screened his latest film—Red Hook Summer, a quasi-sequel to Do the Right Thing—at the Sundance Film Festival last night, but what really got people talking was the profanity-laden tirade he delivered in the Q&A afterward. The fireworks started when surprise attendee Chris Rock stood up and asked how the movie would have been different if Lee had gone through a studio. "What else would have happened? Would you have blown up some shit?" he asked, according to the Wrap . More»

Bad guys in 'Red Dawn' are now from North Korea

(NEWSER) - Here's a sign of how much Hollywood is salivating over the potential money to be made in China: MGM is digitally editing the Chinese bad guys in an upcoming movie to make them look like they're from North Korea instead, reports the Los Angeles Times . The move came not because China raised objections but because distributors got worried Beijing might take offense and shut the film out of its lucrative market. More»

Movies disappoint, but rarely go the way of Ishtar

(NEWSER) - It's rare these days to see a big-studio movie truly bomb, and that's a shame, laments Tom Shone of Slate . Sure, we get our share of misfires like Jonah Hex or The A-Team , but few reach the depths of those glorious financial busts of yesteryear like Ishtar, Waterworld, and Cutthroat Island—"the swashbuckler that derailed the careers of Renny Harlin, Geena Davis, and Matthew Modine—and the last film to actually force a movie studio to close, Heaven's Gate-style." More»

Football flick capitalizes on strong Thanksgiving weekend

(NEWSER) - Building on strong word-of-mouth and an unexpectedly lucrative Thanksgiving weekend, The Blind Side caught and passed New Moon at the weekend box office. The Sandra Bullock vehicle pulled in $20.4 million to $15.7 million for the teen vampire sequel. Both dwarfed Brothers, which underperformed despite stars Natalie Portman, Jake Gyllenhaal, and Tobey Maguire, the Los Angeles Times reports. Another big name, George Clooney, has reason for optimism after Up in the Air raked in $1.2 million in only 15 locations. The top five: More»