Godfather director and filmmaking legend Francis Ford Coppola has become the latest Hollywood person of interest to come out against 3D. Cue the 3D defenders who will now dismiss him as an old fogey out of touch with the times while waving around that ridiculous (and invalid) comparison to color replacing black and white film. But Coppola was actually one of the pioneers of modern 3D…
https://www.cinemablend.com/new/Coppola-Comes-Out-Against-3D-18561.html
Technology lives up to hype, but CR recommends waiting to buy…
Second biggest chain closes remaining 2,415 U.S. stores…
https://www.thewrap.com/article/bye-bye-movie-gallery-video-chain-shuts-its-doors-16922
EXCLUSIVE: As negotiations between The Weinstein Co. and Disney continue to wear on over the Miramax slate and library, the New York-based film company is forging ahead with the business of developing and making movies…
Domestic box office hit a record $10.6 billion in 2009 according to the MPAA and is on track to soar even higher this year. Worldwide box office hit $29.9 billion in 2009, up 7.6% over 2008.
The Blu-ray disc biz also boomed in the first quarter of 2010 vs. the same period last year, with sell-through up 74% and rentals up 36%, per trade org Digital Entertainment Group. Digital distribution, including download purchases and VOD, rose 27% to $617 million.
So why are the studios capping star salaries, laying off workers and squeezing suppliers?…
https://www.variety.com/article/VR1118018573.html?categoryid=13&cs=1
DVD revenue up 70 percent, driving parent company’s profits…
https://www.thewrap.com/article/redbox-dvd-rentals-soar-16863
The Chinese box office could approach $1.5 billion this year, a rise of 61% on the previous year…
https://www.variety.com/article/VR1118018633.html?categoryid=13&cs=1
3-D is a waste of a perfectly good dimension. Hollywood’s current crazy stampede toward it is suicidal. It adds nothing essential to the moviegoing experience. For some, it is an annoying distraction. For others, it creates nausea and headaches…
Vidstore banks on bigger kiosks
Blockbuster is tired of seeing red: The company is gearing up to battle Redbox for a major piece of the video rental kiosk business by installing thousands of its own boxes nationwide this summer…
https://www.variety.com/article/VR1118018342.html?categoryid=13&cs=1
Congress has moved a step closer to banning trading of movie box office futures.
The ban has been incorporated into the final version of Wall Street reform legislation now on the Senate floor…
https://www.thewrap.com/ind-column/movie-futures-trading-ban-inches-closer-senate-16686