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Brad Grey

broken home

It's Always the Kids Who Suffer Most in a Vengeful Studio Divorce

Despite the defiant source who today told the LA Times the DreamWorks/Reliance deal could yet fall apart, we think we'll just go about retrofitting our office anyway in preparation for the worst. Like "custody battle" worst, as Claudia Eller mentions in parsing the 'Works divorce from Viacom/Paramount: Who gets Ben Stiller? Who gets Eddie Murphy? Who gets the retiring David Geffen's parking space and the office's unparalleled catalog of faxable lunch menus? And who gets the movies? More »

come to papa

Sumner Redstone Apparently Finds Right Price to Forgive 'Good Friend' Tom Cruise

The Tom Cruise Image Rehabilitation Tour rolls on today with a public pardon from Viacom kingpin Sumner Redstone, who followed his prodigal son's subdued Oprah stint with a reassurance that, you know, all that erratic-behavior outrage from a couple years back? Just kidding! And Mission: Impossible 4? It's "up to Brad Grey." Or, loosely translated, "Are we on number four? Already? Well, I'll be": More »

family feuds

Paramount, Showtime, CBS Spend Weekend Fighting in Grandpa Sumner Redstone's Sandbox of Death

While most of us fled the office to enjoy early spring, Sumner Redstone spent another relaxing weekend watching his corporate children at Viacom gouge each others' eyes out. And this time around he got his money's worth, with Paramount finally breaking free from CBS/Showtime to start its own pay-cable and VOD service with MGM and Lionsgate. It's an untidy, somewhat shocking scenario that we (and seemingly the rest of the Web) can't yet make sense of, but join us after the jump to parse the winners and losers at a glance. More »

children of divorce

After A Failed First Marriage, DreamWorks Ready To Start Dating Again

It's been nearly six months since CompletelyImmaterialGate rocked the industry, and no amount of conciliatory gestures has yet managed to heal the wounds inflicted by Viacom CEO Phillippe Dauman's callous verbal flip-off of national directing treasure Steven Spielberg. With the expiration date on the frequently uncomfortable arranged marriage between Viacom-owned Paramount and DreamWorks nearing, the NY Times takes a hard look at the pretzled logistics of what becomes two powerhouse studios going their separate ways:

A key issue, these people said, turns on the extent to which Mr. Spielberg's personal contract, which expires in January 2010, grants him power over projects to which he has some creative attachment.
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money talks

Exclusive: Brad Grey's Next Court Battle Could Involve Investor Backlash

While we're generally for keeping all-around courtroom bore Brad Grey out of Hollywood's legal spotlight in the future, a source tells Defamer that the Paramount boss and his Viacom overlords could face mutiny from hedge-funders unhappy with the way their studio investment is shaking out. Specifically, we hear the money men behind Melrose Partners — which joined the 'Mount in 2004 under the Sherry Lansing/Jonathan Dolgen regime — may take legal action challenging the underperformance of its $231 million equity fund after Grey came aboard in early 2005.

We can hear the legal saber-rattling from here, but we also know there's precedent — and it favors Wall Street.

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pellicano notebook

Brad Grey Insists Under Oath That He Didn't Want To Know How The Pellicano Sausage Was Made

There was little that could have come from Brad Grey's testimony at the Anthony Pellicano trial today that would have matched the sensationalism of the last bombshell to emerge from this ongoing saga of backdoor Hollywood intrigue—i.e., the Chris Rock: Accused Rapist tapes. Still, there was plenty of opportunity for another Moment, the diminutive studio emperor having a sizable axe to grind with Garry Shandling, who pulled no punches on the stand in a brutally frank testimony against his former manager. (It would surely have included some waterworks had the Larry Sanders Show star not years ago had his face pulled tighter than a conga drum, effectively sealing every one of his above-the-neck mucus membranes tighter than Tutankhamen's tomb.) As it turns out, Grey did not use the opportunity to take some public jabs at his nemesis, instead delivering straightforward statements relieving himself of all knowledge of Pellicano's shadowy surveillance methods: More »

pellicano notebook

This Is Garry Shandling's Searing Indictment Of Former Manager Brad Grey. How Do You Like It So Far?

If the old adage about the lawyer who represents himself having a fool for a client is true, then Anthony Pellicano's cross-examination today of Garry Shandling at his own trial (Underwhelming Hollywood with Nothing of Juicy Significance Since 2002™) was like the Comedy Store main room. When asked by the court what he does for a living, Deadline Hollywood Daily reports, Shandling responded, "That's a bad sign. I'm a comedian." To which the judge responded, "Not to me you're not." (To which the entire jury snapped in unison and remarked, "Ooooooh girl.") Shandling was there in connection with a long-running feud with onetime manager Brad Grey over lost earnings from his The Larry Sanders Show deal, during which Scary Hollywood Lawyer Bert Fields, a regular subscriber to Pellicano's eavesdropping services, allegedly used the P.I. to tap Shandling's calls. From DHD's courtroom report:

The prosecutor asked Shandling if he knew Pellicano was on board working against him.
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false idols

Give Us Your Poor, Your Tired, Your Headless Masses Longing To See 'Cloverfield'

If Harry Knowles's ecstatic, Greatest Single Experience of All Time Including My First Breath, First Kiss, and the First Time I Tasted Cherry Garcia review of Cloverfield wasn't enough to get you excited about Paramount's latest release, perhaps we can tempt you with this headless Statue of Liberty replica currently erected on their lot.

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Fulfilling the prophecy foretold by octogenarian gossip-oracle Liz Smith in the entrail-reading that yielded her June 2007 item on the couple's trial separation, Paramount's Brad Grey has been served with divorce papers by his wife of 25 years; with the filing, the studio boss now moves one step closer to completing the mandatory Hollywood rite of passage represented by the dissolution of a power-player's first marriage. [CelebTV.com]

hollywood spatwatch

Paramount Still Trying To Save Its DreamWorks Marriage


Hoping to put CompletelyImmaterialGate behind them and soothe the concerns of certain underappreciated national treasures who may feel that their parent studio has been selfishly claiming credit for his successes, Paramount has announced that it will start reporting the box office generated by Steven Spielberg's company under a newly created "DreamWorks-Paramount" label.

More »

hollywood spatwatch

Paramount's Brad Grey Also Refuses To Admit That Losing Spielberg Will Emotionally Cripple Him

The emotional feud touched off when Viacom CEO Phillippe Dauman tried to preemptively break Steven Spielberg's heart by telling the world that the national treasure's possible departure from Paramount would not send the executive into a Valium-overdosing tailspin of despair (and which incited outraged DreamWorks partner Jeffrey Katzenberg to publicly attempt to claw out Dauman's eyes) spills into the pages of today's LAT, where studio emperor Brad Grey was induced to comment on HolyShitWhatIfSpielbergLeavesUsGate. For his part, Grey—who convinced boss Sumner Redstone to buy DreamWorks in late 2005 so that his studio might actually have some movies to release the following year—seems to be toeing the company line:

"The deal for us has been highly profitable and is ahead of schedule," Paramount Pictures Chairman Brad Grey said in an interview Thursday. "It would always be better to have Steven and DreamWorks with us, but of course we'll be OK" if they leave. [...]
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but if any writers ask, tell them we've suffered record losses

Studios Already Shredding Hundred Dollar Bills For Use As "Summer Of Prosperity" Parade Confetti

We're nothing if not suckers for a nice feel-good story, especially when it's accompanied by a fun chart where Spider-Man scales a pillar representing the obscene amounts of money some of our favorite movie studios are making: With four different films crossing the $300 million mark, Hollywood is enjoying its Best Summer Ever, a period of prosperity that is erasing all memory of that nasty, alleged "Slump" of 2005, when executives were forced to answer all kinds of rude questions about why their shitty product wasn't selling. During this new Golden Age of Very Profitable Threequels, they instead get to crow about how smart they are in the pages of Variety:

"It's proved that when you offer people great stories that also deliver state-of-the-art effects and stunts, they want to go out and experience it together. It becomes an event," said DreamWorks CEO/co-chair Stacey Snider, whose studio and Paramount turned out "Transformers."
More »

On a conference call about how much richer Shrek the Third is making him, DreamWorks Animation's Jeffrey Katzenberg passes up a perfectly good opportunity to throw Paramount emperor Brad Grey under the bus: "'We feel they have done an outstanding job of marketing and distributing our products to date,' Katzenberg said. 'We continue to have very, very good relationships over there with all of the management from Brad on down.'" [Variety]

relationships

Brad & Steven & Sumner & David

Following Thursday's controversy-kickstarting BusinessWeek story "Paramount and DreamWorks: Splitsville?," in which it was suggested that a strained relationship between Steven Spielberg and Paramount might cause the director and his partners to jilt Brad Grey's DreamWorks-dependent studio empire when Spielberg's contract expires late next year, has seemingly induced much pants-soiling from within the walls of the Melrose lot. Hoping to halt the spread of further bowel failures over the rumored state of the DW/Paramount union, votes of confidence have been issued by Spielberg and David Geffen, who took breaks from their filmmaking and shuffleboard-playing duties, respectively, to (at least temporarily) envelop Grey in a warm, reassuring hug. In a story about the alleged looming split, Var's Peter Bart passes along Geffen's regards for the Paramount team:

Geffen himself, calling from his yacht, insisted Friday that "Steven and I are very happy with the performance of Paramount's marketing and distribution teams in handling our films." He cited Rob Moore and Jim Tharp, among others, as contributing to the success of such DreamWorks-Paramount releases as "Transformers" and "Disturbia."
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trade roundup

A Mighty Kerfluffle

· Paramount Vantage just can't win with A Mighty Heart: They curl Angelina Jolie's hair and slather her in bronzer so she seems less Caucasian-y, and they catch shit. They invite the Council on American-Islamic Relations to co-sponsor a panel discussion on religious tolerance, and a Jewish activist likens it to "David Duke co-sponsoring 'Schindler's List.'" At least Jolie isn't pissing off reporters by asking them to sign waivers demanding they don't ask questions about her personal life, because they hardly need another headache. [Variety]
· On the bright side, Jolie's performance in the movie is already generating Oscar buzz. [THR]
· Exec VP of corporate communications Janet Hill is leaving Paramount after two eventful years of throwing herself upon the steady stream of hand-grenades lobbed at frequently embattled Paramount emperor Brad Grey. [Variety]
· TBS buys the rerun rights to My Name is Earl and The Office, reportedly paying $600k-$700k per episode of each series. [Variety]
· Fox hires former NUTS executive Laura Lancaster as head of drama development, giving her the mandate, "Please, for the love of fucking God—and we don't care how you do it—find us a show that will last longer than Drive." [Variety]

splits

Paramount's Brad Grey Back On The Market On A Trial Basis

While the Grazers opted for the somewhat noisier method of announcing the end of their marriage in Page Six last Thursday, today Paramount emperor Brad Grey and his wife of 25 years whispered news of a trial separation to gossip dowager Liz Smith, perhaps hoping that the superannuated columnist would become distracted by filling various dishes placed around her home with hard candy and forget to publish the item. Unfortunately for the Greys, professionalism prevailed, and now all the industry mourns the loss of yet another high-profile relationship: More »

oscars

Academy Moves To Make Producer-Credit Rules Marginally Less Stringent

All around town, producers whose often-fuzzy roles in bringing together the various elements necessary to get prestige projects before rolling cameras are throwing open their windows and offering up an exultant "Huzzah! to the Hollywood heavens, as the Academy has ever so slightly loosened its Draconian rules about the number of people allowed to storm the Kodak Theatre stage in the unlikely event of a Best Picture win. Reports the NY Times: More »

hollywood holidaywatch

Shrek's $122 Million Earns Paramount Employees A Longer Memorial Day Weekend


Let it never be said that Paramount emperor Brad Grey is not a beneficent ruler: To celebrate the success of partner DreamWorks Animation's Shrek the Third, he's setting his subjects free a day early for the Memorial Day weekend, an act of generosity that should remind everyone on the Melrose lot that the Paramount Pictures logo can be found somewhere on the one-sheet of the latest. record-breaking installment of the previously established DW mega-franchise. Grey's e-mail to the company follows, which stops just short of promising all of his underlings an all-expenses-paid week in Cancun should the opening weekend performance of upcoming co-production Transformers bring still more glory to the Paramount name: More »