Hulu's Staying Indie, and That's Good for Web Video

Hulu is not going anywhere. After a long public tire-kicking period, the joint venture’s parent companies (Disney, NBC Universal, News Corp. and Providence Equity partners) have elected not to sell. Their new position is that they all sort of like and value Hulu, each in its own way.
While the bids for Hulu were said to be north of $2 billion, many of the alleged suitors were probably quite anxious about the many uncertainties of the deal. Namely the first window rights to shows were only guaranteed for a certain amount of years. Once you drove Hulu off the lot, it was already a depreciating asset. Except in this case, the dealer was telling the buyer, “It’s a great car, but in a few years it may not have an engine. But its will still look terrific and the wheels and electrical system may be worth something. Enjoy!”...

Posted on 17 Oct 2011, 10:13 - Category: Movies
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Box Office Shocker: How Moviemaking Georgia Church Behind 'Courageous' Outperforms Hollywood

The Baptist church behind Sherwood Pictures, the company that produced the indie hit "Courageous," makes films that earn back their budgets dozens of times over...

Posted on 13 Oct 2011, 11:36 - Category: Movies
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Netflix Drops Plan for Qwikster Spinoff

Netflix announced today that it has reconsidered its decision to spinoff its DVD rental business into a new company called “Qwikster” and will instead, allow customers to continue to rent DVDs via the mail from Netflix...

...Hastings said in today’s blog. “That means no change: one website, one account, one password… in other words, no Qwikster. While the July price change was necessary, we are now done with price changes.”...

Posted on 10 Oct 2011, 8:56 - Category: Movies
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The revival of independent film Scripts, not effects

Independent films are at last recovering from the slump

...It helps that films have become cheaper to make. Actors’ salaries remain depressed, and indies have become expert at exploiting competition between states and countries, which lavish subsidies on them. Most important, says Morris Ruskin, the head of Shoreline Entertainment, a glut of films commissioned in the era of loose credit has at last worked its way through the pipeline. “We’ve gone from a market that was saturated with films to a market that is hungry for them,” he says...

Posted on 29 Sep 2011, 13:19 - Category: Movies
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Wedding Crashers Copycat Crime Lands University of Wisconsin Student in Jail

Let this be a lesson to all Wedding Crashers fans: Just because Owen Wilson and Vince Vaughn pull some hilarious pranks without legal consequence in their 2005 comedy does not mean that said hilarious pranks can be pulled without consequence in real life. Just ask 22-year-old University of Wisconsin student Luciana Reichel who has been jailed for 90 days and put on 30 months probation after playing a copycat Wedding Crashers practical joke on her roommate...

Posted on 20 Sep 2011, 17:45 - Category: Movies
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SAG Pension Fund Board Pledges 'Full Review' of Embezzlement Charges

The board of trustees of the fund that provides health and pension benefits for SAG members announced Friday that there will be a "full review" of allegations that CEO Bruce Dow covered up a $5 to $10 million embezzlement scheme...

Posted on 20 Sep 2011, 17:35 - Category: Movies
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Netflix Announces DVD-Streaming Split, Forgets to Check If @Qwikster Is Taken

Late Sunday night, Netflix CEO Reed Hastings took to the company’s official blog to explain further the recent news of Netflix’s streaming-DVD service split and pricing changes with yet another announcement: Within a few weeks, Netflix will split into two companies, keeping its name for streaming-only services and separating DVD rentals into a new separate company called Qwikster...

Posted on 20 Sep 2011, 17:33 - Category: Movies
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Tyler Perry Beats Out Jerry Bruckheimer And Steven Spielberg To Be Best-Paid Man In Hollywood

It's been a few years since Tyler Perry was Hollywood's most secret mogul. The Atlanta-based multihyphenate definitely took the industry by storm in 2005 when Diary Of A Mad Black Woman came seemingly out of nowhere to become a huge hit, but Perry has released nine more films since then, not to mention putting his name on not one but two hit TV shows. You probably know by now that Perry is a very successful, very rich man-- but did you know he's actually the richest in Hollywood?

Well, at least he was the highest paid between May of 2010 and 2011, according to a new list released by Forbes...

Posted on 15 Sep 2011, 10:07 - Category: Movies
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Netflix Shares Plummeting As 3Q Subs Fall Short Of Company Expectations

...The company’s down more than 13.7% in heavy volume early trading on a slightly up day for the overall market. Analysts are lining up to take their whacks at Netflix: Lazard Capital Markets’ Barton Crockett, who has a “neutral” recommendation, calls the company’s reduced 3Q subscription forecast a “rare, large and surprising misstep.”...

Posted on 15 Sep 2011, 10:05 - Category: Movies
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Steven Spielberg on the future of Indiana Jones [video]

Steven Spielberg looked to the past and the future of Indiana Jones at the 30th anniversary screening of “Raiders of the Lost Ark” in Los Angeles on Monday evening. The director also gave fans a rare insight into his friendship with George Lucas and a daffy impersonation of the mastermind behind the “Star Wars” universe...

Posted on 13 Sep 2011, 20:33 - Category: Movies
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