movie studio

7 Stories

Disney's $250M John Carter Set to Lose ... $200M

Sci-fi epic puts Disney Studios in the red

(Newser) - Science-fiction epic John Carter looks set to go down in history as one of Hollywood's biggest-ever money losers. Disney says it expects the movie—which cost more than $250 million to make, and another $100 million to market—to lose some $200 million, putting its movie studio up to... More »

Scientologists Buy Hollywood Studio

Organization snaps up historic Sunset Boulevard site

(Newser) - Whether or not you want to see more movies based on L. Ron Hubbard's writings—and most critics who saw Battlefield: Earth would sooner go blind—Scientologists now have the facilities to make them. The controversial organization has bought a landmark movie studio in Hollywood from a struggling public... More »

MGM Troubles Stop 007

Producers blame uncertainty about studio's future

(Newser) - MGM's massive debt has done what Goldfinger, Scaramanga, et al couldn't: Stop James Bond in his tracks. The next 007 movie starring heart-stopper Daniel Criag has been suspended indefinitely because of the studio's financial woes and uncertainty about its future, the BBC reports. MGM owes $3.7 billion and has... More »

Spider-Man 4 Off Because Director Saw Avatar

Director pushed for special effects studio wouldn't pay for

(Newser) - The problems with the Spider-Man 4 script were genuine, but the real reason the flick got the ax is that the director saw Avatar. Sam Raimi became infatuated with the advanced computer graphics in the James Cameron blockbuster and wanted to take advantage of them, insiders tell New York . Sony... More »

Fox Sitting Pretty With Avatar—Even if It Flops

Studio—and Cameron—hedged bets on $500M megapicture

(Newser) - James Cameron’s 3D game-changer Avatar may end up costing upwards of $500 million to produce and market, but, strangely, no one at the studio is losing sleep over the possibility of a flop. The business just isn’t the same as it used to be, when the collapse of... More »

Studios Hot (and Bothered) on Twitter

(Newser) - Movie companies aren't sure yet how big the Twitter effect is in making or breaking films—a spate of negative tweets are reputed to have killed Bruno after a strong opening over the summer—but they're leaving as little as possible to chance. It's the hot new "campaign-management tool,... More »

Comcast Near $35B Deal for NBC Universal

Cable giant has been in talks with owner of network for weeks

(Newser) - Comcast is near a $35 billion deal to acquire NBC Universal, which encompasses the network, a movie studio, cable channels and more, sources tell the Wrap. Bankers from the cable giant and General Electric, NBCU’s parent company, met Tuesday after Comcast decided to think bigger than a pursuit of... More »

7 Stories