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Disproving the 'black films don't travel' Hollywood myth
On his way to winning a best picture Oscar for “Moonlight,” a film made for a minuscule $1.5 million, writer-director Barry Jenkins took time between awards-season red carpet appearances for a six-city European promotion tour. It was time well spent. “Moonlight,” about a poor black boy living in...
-1 points by Los Angeles Times | Film Movie theater Film distributor Film theory Movie studio Film criticism Horror film Box office
Berlinale: U.S Domestic Sales Drive Businesslike Berlin Market
Corridor traffic at the European Film Market looked thinner than in recent years, but the market mood was hardly despondent. Sales to the U.S domestic market energized a business-like 2017 EFM with deals struck for a broad spectrum of titles. “What’s undeniable is that there remains a very buoyant market for high quality projects at every... Read more »
15 points by Variety | Keanu Reeves Independent film Film Sony Pictures Classics Liam Neeson La La Land Art film Movie studio
Berlinale: First Image For Dev Patel’s ‘Hotel Mumbai’
“Lion” star, Dev Patel heads the cast of “Hotel Mumbai” the fact-based thriller about the 2008 Mumbai terror attacks. The film gets its first market screenings this week in Berlin ahead of a likely festival platform or awards season release later this year. Australia- and U.S.-based Arclight Films is handling global sales. The film, which... Read more »
1136 points by Variety | The Weinstein Company Film Movie theater Bend It Like Beckham Harry Potter Anupam Kher Dimension Films Movie studio
Film company sued for $15M over release date of 'Gold'
A film company broke a release date deal involving a movie about McDonald’s and a Matthew McConaughey flick, a distribution company charged.
10 points by Daily News | Film Movie theater Film distributor Movie studio The Weinstein Company Marketing United States Miramax Films
War Memorial, Emagine team up to open cinema
The Patriot Cinema will show first-run and art house films when it opens in December.        
670 points by Detroit Free Press | Film Movie theater Movie studio Grosse Pointe Film distributor Ticket Movie projector Box office
Eric Clapton Movie to Be Directed by Oscar-Winner Lili Fini Zanuck
Lili Fini Zanuck, the Oscar-winning producer of “Driving Miss Daisy,” is to direct documentary feature “Eric Clapton: A Life in 12 Bars,” partnering with producer John Battsek, whose credits include Oscar-winners “One Day in September” and “Searching for Sugar Man.” Altitude Film Sales is handling international sales, and Altitude Film Distribution has taken U.K. rights.... Read more »
454 points by Variety | Richard D. Zanuck Eric Clapton Film Movie theater Musical theatre American Cinema Editors Movie studio Driving Miss Daisy
Pinewood Atlanta Studios Selects Tech Guru Frank Patterson as President
Pinewood Atlanta Studios, the U.S.’s third-largest production facility, has appointed tech guru Frank Patterson as its president. Movies produced at the site, which opened in 2014, include Marvel Studios’ “Guardians of the Galaxy Vol. 2,” and Sony’s “Passengers,” starring Jennifer Lawrence. Patterson is co-founder and chief creative officer of Pulse Evolution, a digital media company... Read more »
590 points by Variety | Film Entertainment Movie studio Michael Jackson Broadcasting Film production Billboard Music Award Pinewood Studios
Director Feng Xiaogang accuses Wanda of monopolizing market
BEIJING (AP) - One of China's most famous film directors has publicly accused the country's richest man of monopolizing the cinema market and limiting screenings of his latest movie. Veteran director Feng Xiaogang says "I Am Not Madame Bovary" has been given on average 40 percent or more of available ...
1 points by The Washington Times | Film Film director Movie theater Public relations Movie projector Movie studio Popcorn
India’s Eros Strikes Content Deal With Russia’s Central Partnership
Leading Indian film distributor Eros International has struck a strategic partnership with Central Partnership in Russia. The production and distribution firm is backed by Gazprom Media. The deal involves the licensing of each other’s intellectual property and distribution of films in both markets. Central Partnership, which is the sub-distributor for Paramount and Summit Entertainment will... Read more »
78 points by Variety | Film Movie theater Cinema of India Movie studio Multimedia Distribution Entertainment History of film
Cleveland's Capitol Theatre struggling to repay city loan, backers say future still bright
The historic Capitol Theatre, which was restored in recent years, continues to draw fewer patrons than initially expected and is struggling to repay a city-issued loan. CLEVELAND, Ohio - The historic Capitol Theatre, which was restored in recent years to its 1920s grandeur and is now celebrated as the centerpiece of Cleveland's Gordon Square Arts District, has continued to draw fewer patrons than initially expected and is struggling to repay a city-issued loan. City Council on Monday night voted to grant the Detroit Shoreway Community Development Corp., which owns the theater, a two-year deferment on payments toward the $1.48 million still owed on the loan's principal. The agreement marks the fifth time since the renovation was completed in 2009 that the city has restructured the loan to give the Capitol a break. Here are answers to some of the questions you might have about the challenges facing a favorite Cleveland landmark of many West Siders: Q: How did the community development corporation come to own the theater? A: The theater, on West 65th Street just north of Detroit Avenue, had fallen into disrepair since it was shuttered in 1985. Nearly a decade ago, as part of a larger, $30 million plan to establish an arts-based economy in the Detroit-Shoreway neighborhood, the CDC embarked upon a $7 million project to restore the theater to its former glory. The project was funded mainly through a combination of grants and tax-credit equity -- an arrangement in which investors recoup much of their money through government tax credits issued to encourage improvements in low-income neighborhoods. And the CDC borrowed $1.5 million from the city at a 2 percent interest rate. Q: What are the terms of the restructured loan? A: The last amendment to the loan agreement granted a deferment on the principal and interest until Aug. 31, 2015, after which the CDC was expected to begin making monthly payments on the $1.48 million balance with a 2 percent interest rate. It does not appear, however, that the CDC could make those payments. The latest amendment, which council passed Monday night, retroactively granted the CDC another deferment covering the past year. And beginning Aug. 1, the CDC began making $100 "goodwill monthly interest only payments" until Aug. 31, 2018. After that date, the CDC should begin paying on the interest and principal. Detroit-Shoreway must also submit annual financial statements and provide city officials with an outline of the theater's marketing efforts and progress in increasing revenues. And beginning in January 2017, 1/3 of any net income the CDC receives from the theater must go to the city to be applied toward the principal of the loan. Q: What was the theater's initial projected attendance? A: The development group initially had predicted, based on market research, that about 100,000 people would attend the theater every year once its doors reopened in 2009. But actual attendance has fallen far short of that projection, with about 50,000 tickets sold each year, said Jeff Ramsey, executive director of the development group. And although that number has increased incrementally over the years, the theater needs to sell at least 75,000 tickets each year to break even and repay its debt to the city, Ramsey said. Q: Why were the projections so far off the mark? A: Ramsey said the initial market study included patrons who attend productions and programs at the Cleveland Public Theatre on Detroit Avenue. He said, however, that the assumption that CPT patrons would also attend the Capitol was faulty. Most people patronize the movie house closest to them, Ramsey said. And many CPT patrons are East Siders - who are likely to choose the more conveniently located Cedar Lee Theatre. Ramsey added that the market researchers underestimated the popularity of the Cinemark Valley View and the Regal Crocker Park theaters, which were undergoing their own upgrades at the time of the Capitol's renovation, and now draw huge crowds to their cushy stadium seating and amenities. "Those two theatres and the Cedar Lee are far and away consistently the three highest grossing theatres in Greater Cleveland," Ramsey wrote in an email. "They blow every other theatre out of the water. It's like David vs. Goliath." Q: What other challenges does the theater face? A: Ramsey said the Capitol also doesn't have the marketing budget of those bigger theaters. And being a three-screen theater in the "age of the Megaplex" isn't easy, Ramsey said. Theaters are contractually obligated to run a film for three to four weeks. At larger theaters, new films typically start out on the big screen and spend the rest of the time relegated to the smaller screens. Having only three screens makes it difficult to offer a larger, rotating selection of films. Ramsey said that when the Capitol once planned to showcase a concert film on a weekday night, he was pleased to see that the event had sold out. But, when Sony Pictures had found out that the film would bump a Sony movie from the screen, the Capitol was forced to cancel the independent film and refund the tickets. "In this day and age, if you're going to present mainstream films, all operators are locked into the film distribution model that the studio has set up," Ramsey said. "You don't have a lot of options to do things differently." Q: Does the CDC plan on taking the Capitol in a new direction? A: Detroit-Shoreway hired Jonathan Forman of Cleveland Cinemas to manage the theater. The company is behind the successful Cedar Lee Theatre, which specializes in independent films. And Ramsey said Forman brings those offerings to the Capitol as often as possible. But independent films don't generate the buzz and attendance of mainstream flicks, Ramsey said. And most patrons looking for an indie film end up at the Cedar Lee, which has built its following over decades. The Capitol, however, prides itself on its popular film events. Those include: "12 Hours of Terror," an all-night horror film fest in October; a documentary film series beginning Sept. 27; and "Reel Science," a collaboration with the Cleveland Museum of Natural History that begins with a Nov. 2 screening of Jurassic Park. Q: Given the challenges facing this small, independent theater, does the CDC believe the Capitol eventually will be viable enough to repay its debt to the city? A: Ramsey says he is confident that the future is bright for the Capitol, despite its rough start in the industry. Why? Because the neighborhood is thriving - with as many as 11 new businesses recently cropping up in the arts district. And the population of Cleveland's West Side is about to boom. About 1,000 new housing units are planned for the Detroit-Shoreway neighborhood alone. And the housing markets in Ohio City and Tremont are responding to an influx of residents looking to call the near-West Side home. Those neighborhoods, along with Lakewood make up the Capitol's target audience, Ramsey said. He expects that in the next few years, the Capitol finally will meet the 75,000-ticket threshold it needs to pay its debt to the city. Above all, Ramsey said, the Capitol and the arts district offer patrons something they can't find at any large theater or shopping mall. "It's a unique entertainment experience," Ramsey said. "It's more than just seeing a movie. There's a bright future for the Capitol. And we're very grateful that the city of Cleveland supports us and shares that optimism." Earlier: Cleveland grants historic Capitol Theatre 5 extra years to pay off loan
245 points by The Plain Dealer | Independent film Film Movie theater Theatre Cleveland Movie studio Debt Akron Ohio
Your guide to 5 must-see fall film festivals in Cleveland
This guide leads you through the Mandel JCC Jewish FilmFest, Greater Cleveland Urban Film Festival, Chagrin Documentary Film Festival, On the Edge Film Festival and Ohio Independent Film Festival. We look ahead at what's new, special engagements and a selection of the must-see films. CLEVELAND, Ohio -- Cinephiles will have no lack of options this September, October and November in Cleveland. Outside of the Hollywood award season movies beginning to roll out, nearly every weekend is full of festivals showcasing films from all over the world. This guide leads you through the Mandel JCC Cleveland Jewish FilmFest, Greater Cleveland Urban Film Festival, Chagrin Documentary Film Festival, On the Edge Film Festival and Ohio Independent Film Festival. We look ahead at what's new, special engagements and a selection of the must-see films. Mandel JCC Cleveland Jewish FilmFest offers global perspective (September 8 - 18) Greater Cleveland Urban Film Festival showcases equality, arts and cutting-edge filmmaking (September 15 - 23) Chagrin Documentary Film Festival brings cinema to life with special events, speakers, performances (October 5 - 9) On the Edge Film Festival returns for a second year of adventure and adrenaline (October 14 - 15) Ohio Independent Film Festival puts the spotlight on women (November 11)
42 points by The Plain Dealer | Film Documentary film Movie studio Movie theater Greater Cleveland Warner Bros. Los Angeles Akron Ohio
China’s Perfect World Buys Antaeus Cinema Chain
Perfect World, the Chinese entertainment group that is co-investor in Universal’s Hollywood slate, is to acquire Antaeus Cinema Line, one of China’s middle sized movie theater operators. The move is Perfect World’s first move into the exhibition sector. The Shenzhen-listed company is a leading player in online games and is in the process of scaling... Read more »
22 points by Variety | Film Movie theater Warner Bros. Movie studio Ticket Box office Film distributor National Association of Theatre Owners