Paramount
”The Schlub Factor (And Four Other Reasons 'Iron Man' Struck Box Office Gold)
We assumed in last week's Defamer Attractions column that $75 million opening-weekend estimates seemed awfully conservative for Iron Man, but even our $90 million forecast undershot the film's $100.7 million three-day take. (It was $104.2 million if you count Thursday night previews, and more than $200 million globally.) Aside from the obligatory splash for any early-summer tentpole, we're surprised observers didn't see the finely calibrated alchemy that Marvel and Paramount used to spin its Iron into box office gold:
1. The Schlub Factor. Like Sam Raimi, who guided Marvel's previous blockbuster franchise Spider-Man to its own record openings in 2001, 2004 and 2007, director Jon Favreau is kind of a schlub — a normal dude who came up through the ranks and pretty much is his audience. He's not Ang Lee, whose misunderstood Hulk is disavowed to the point that its own studio is remaking it this summer (with another non-schlub, French action auteur Louis Leterrier), or even Bryan Singer, whose X-Men franchise coasted on star power before burning itself out at the hands of patronizer extraordinaire Brett Ratner. Favreau imposes a fan's vision and an indie mandate (i.e. character development, budget-mindedness) that works primarily because it threatens no one — neither the studio that paid for it nor the viewers spreading word-of-mouth months in advance and lining up around the block on opening weekend.
More »Why Don't We Feel Better About All These New Movies on ITunes?
The inevitable grouping of the major studios under the iTunes roof finally occurred today, when Apple officially announced it had reached agreements with Universal, Paramount, Fox, Warner Bros., Sony and Lionsgate (along with previous bedfellow Disney) on day-and-date downloads of their new DVD titles. The studios had made most releases available for rental since earlier this year (with catalog titles for sale before that), but this marks the first time users can buy and download new releases on their DVD street dates.
The good news: You can wait and watch Made of Honor on your iPod in about three months! The bad news: It'll cost you $14.99 to download it. (Or $9.99 three months after that.) And for digital media that costs exactly nothing to reproduce, package or distribute, we think that amounts to little more than information highway robbery. And just in time for the studios to stonewall SAG on new-media revenues!
More »The Force Is Strong In This Nerd Screaming At Briefcases
· We think we have a worthy successor to the Star Wars Holiday Special for the most blasphemous use of the property, like, ever. That said, that Darth Banker's a hard-ass, isn't he? $49,000? But there's five large amounts still left in play—including the million! [Deal or No Deal]· "Organizers of a major California music festival are offering a $10,000 reward and four festival tickets for life in exchange for ex-Pink Floyd frontman Roger Waters' two-story inflatable pig." [Reuters]
· David Blaine will try to break the 17-minute world record for breath holding on The Oprah Winfrey Show, which is fine and all, but it's no Criss Angel mindfreaking her brains out. [AP]
· Her new six-hour-a-day workout regimen sometimes requires that Britney Spears walk around the gym wearing nothing but a towel. [Daily Mail]
· Paramount takes a heavy swig of the Blu-Ray Kool-Aid (which, oddly enough, tastes like raspberry with a slightly bitter after-taste). [THR]
Harvey Weinstein Evidently the Default Savior for Showtime
Beyond the boardroom squabbles and oneupsmanship following Paramount's recent break with Showtime, two basic questions remain: Who will actually broadcast the new Paramount Channel? (Answer: Nobody, of course!) And besides its original series like Weeds and Dexter, what will Showtime air once its output deals expire in 2011? Come on — when you think of "corporate rescue," don't you think of Harvey Weinstein? More »Viacom PR Admits 'Public Crapping' May Not Bode Well For New Pay Network
The week that started with Les Moonves and Phillipe Dauman kickboxing in Sumner Redstone's corporate steel cage will apparently end with Dauman retreating to his corner of the Viacom boardroom for medical attention. Or at least that's the impression we glean from today's gloom-and-doom survey of the Great Pay-Cable Cockfight of 2008, during which Paramount broke off from cousin network Showtime after failing to renegotiate an output deal for its titles. On their own now with partners Lionsgate and MGM/UA, even Viacom/Paramount flacks acknowledge finding little comfort in the TV wild:The marketplace reaction to the fourth feevee was predictable: Who needs it?More »
Lucas And Spielberg Given Hefty Chunk Of Indy's Possibly Saggy Back-End
Hard as it is to believe, after what seems like 19 endless years of false-starts and "Slowly Veering Lincoln Continental of Doom" jokes, we are less than one month away from seeing the fourth chapter of the Indiana Jones saga. The adventuresome archaeologist enters a far different Hollywood from the days when he first planted sunbeam-focusing scepters in secret map rooms, however; studio sash-tightening has required its makers to defer their fees in exchange for that venerable Hollywood trade-off, a piece (and in this case, a gigantic piece) of the back-end. The LAT breaks down Crystal Skull's financial model:
Paramount spent about $185 million to make the movie and will pay at least $150 million to market it worldwide. The studio will earn a distribution fee of 12.5% of the revenue it receives from the film's release in all media, including theaters, DVD and television.More »
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 »Overlong 'Indiana Jones 4' At Least Promises Humorous Production Scrapbook
We're not surprised at the news that Indiana Jones and the Kingdom of the Crystal Skull is locked in at a running time of 140 minutes — at least 20 minutes longer than it should be to achieve that coveted $300 million mark Paramount wants for it. But that's nothing compared to the film's production stills, the most dismaying of which we found couched over at Hollywood Elsewhere and you can check out after the jump. More »John Travolta Catchprases to Make Virtual-Reality Geekdom A Little Less Lonely
We knew we had felt an eerie vacuum in our lives during all those countless hours we spent bumping around the virtual universe at There.com. It wasn't until today, however, that we realized it wasn't our deflating lack of contact with the outside world, but rather the absence of Paramount movie clips epitomizing our 2-D avatars' deepest concerns. Thank God for licensing! More »Backlash Against Mike Myers' 'Love Guru' is Something Outraged Members of All Faiths Can Agree On
It wasn't bad enough that the almost willfully unfunny trailer for Mike Myers' comeback vehicle, The Love Guru (which you can watch after the jump), had Defamer HQ wailing with laments for the comic's lost Canadian soul. The metaphor has officially entered the literal realm this week, as nervous Hindu spiritual leader Rajan Zed — who coaxed a full viewing of the comedy out of Paramount — is on the PR offensive with his Christian and Jewish friends close behind:Father Charles T. Durante, a Catholic priest well respected in northern Nevada for his various community outreach efforts, in a statement, said, "...it is important that we respect those parts of every faith tradition which are held especially sacred. I applaud Paramount Pictures for being open to the request of Hindu leaders to preview this film and listen to any concerns that may arise for them..."More »
Tom Cruise Lunches With Sumner Redstone, Calls Dibs on DreamWorks' Parking Spots
In a rumored attempt at brokering the type of fragile, public peace not seen since the Camp David accords 30 years ago, Tom Cruise and Sumner Redstone apparently had lunch together Thursday at the Beverly Hills Hotel's Polo Lounge. Or so report spies for The Wall Street Journal and Page Six, alluding to the star's blockbuster drought since leaving Paramount. We didn't believe it at first, but when you think about it, wouldn't those soon-to-be-vacated DreamWorks offices at the 'Mount make a decent home for Cruise's fledgling United Artists revival?More »
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.More »
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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trade roundup
Clint Eastwood Back In The Driver's Seat
· Clint Eastwood will direct and star in Gran Torino for Warner Bros. While details "are being kept under tantalizingly tight wraps," muscle car enthusiasts are hoping the grizzled star of Dirty Harry will be voicing the Laser Striped title vehicle. [Variety]
· Juno-seeder Michael Cera in talks to star in Universal's Scott Pilgrim's Little Life, an adrom (adventure romance) about "a young slacker (Cera) who meets the woman of his dreams but finds that he can only win her heart by battling and defeating her seven evil ex-boyfriends." [THR]
· Anton Yelchin is in talks to play the Michael Biehn role of Kyle Reese: Post-Apocalyptic Warrior in McG's meaninglessly titled Terminator Salvation: The Future Begins. [THR]
guns for hire
Jilted Spider-Man Getting Over It as Raimi Picks up Spy Franchise
Your Dad will likely be thrilled to hear this morning that Paramount plans a Jack Ryan revival starting in 2010, while the rest of us are intrigued to see Sam Raimi recruited as the studio's go-to helmer for the reborn franchise. A glorified genre director if ever there was one, Raimi's stewardship of Sony's $2.5 billion Spider-Man empire reportedly impressed the 'Mount enough to lock him in for the fifth installment of the spy series for a 2010 release.
Of course, with Raimi's horror project Drag Me to Hell also in the pipeline between now and then, the Paramount deal doesn't bode well for Raimi's involvement in the next three Spider-Man films rumored to be on Sony's production slate through 2015. That's not to say his deft touch with big-budget emo heroism is disappearing in the transition, according to Variety:
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who left the fridge open?
'Tropic Thunder' Trailer Doesn't Exactly Bury The Whole Robert Downey Jr. Blackface Subplot
You'd be forgiven if a visit to Tropic Thunder's website—where the trailer premiered today—led you to believe the movie featured billed stars STILLER and BLACK DOWNEY, as the preview ballsily features a good deal of Robert Downey Jr.'s white-Method-actor in blackface (and muttering stereotypical, The Jefferson's-theme-inspired dialogue in blackvoice). That said, there's lots to enjoy here, including the movie star archetypes that inhabit this Platoon-set-turned-real scenario—particularly Stiller's "Action Guy," whose previous roles required him to deliver catchphrase, "Who left the fridge open?" while BabyBjörning two tiny pandas.
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