Elisabeth Murdoch, daughter of Rupert Murdoch, has stepped down as CEO of Shine Group, the TV production conglomerate she founded, promoting Alex Mahon to the top role. Shine, producers of shows ranging from Gladiators to fantasy series Merlin, sold to News Corp last year. Elisabeth Murdoch will remain chairman of Shine, focusing on long-term strategy for the group.
Mexican Pay-TV Says No To Slim
The Mexican pay-TV market again said no to the world’s richest man. A court ruling this week said Mexican telecom magnate Carlos Slim and his company Telmex have to reapply for a pay-TV license, putting Slim’s plans to crack the Mexican pay market back to square one.
‘Gomorrah’ Actor Gets 14 Years
Giovanni Venosoa, the Naples actor who played a key role in Matteo Garrone’s award winning mafia epic Gomorrah, was sentenced this week to nearly 14 years in jail for extortion. Venosa was arrested for being part of the Naples mob depicted in the film.
British Censors Look At Sexual Violence In Movies
Britain’s Board of Film Classification this week launched a major study into the depiction of sadistic, sexual and sexualized violence, mainly against women. The move comes after British censors insisted on cuts to horror film The Human Centipede 2 and refused to certify another horror title, The Bunny Game.
Universal Music Deals To Make EMI Takeover
Universal Media Group’s chairman and CEO Lucian Grainge said UMG was willing to sell assets and make commitments about its future dealings with digital start-ups, indie labels and larger rivals in order to win regulatory approval of its planned $1.9 billion acquisition of Brit music label EMI.
Liberty Global Eyes Polish, Norwegian Cable
John Malone’s Liberty Global is eying further acquisitions in Europe’s cable market. Just weeks after closing a $4 billion deal to buy German cable operator Kabel BW, Liberty Global is reportedly circling Norwegian cable group Get and Multimedia Polska, Poland’s second largest cable operator.
‘Harry Bosch’ Series In Development
Michael Connelly’s widely-popular "Harry Bosch" detective series is coming to the small screen. Connelly is developing a series based on the LAPD homicide detective together with The Wire producer Eric Overmyer. Fuse Entertainment, producers of AMC’s The Killing and USA Network’s Burn Notice, are backing the production together with their German parent company ProSiebenSat.1.
Korean Parasites Devour ‘Amazing Spider-Man’
Deranged, a Korean parasite outbreak movie, knocked The Amazing Spider-Man off the top of the box office perch in Korea. Director Kim Myeong-min’s monster movie sold 1.3 million tickets in its first four days in its home market, compared to 400,000 for Spider-Man over the same period. Deranged is due for a U.S. released July 27.
Regulation Fears Hit Chinese Online Video Giants
Shares in Chinese online video giants Youku and Tudou took a dive this week as the Beijing government cracks down on online video with stricter regulations. The new laws will require Internet video providers to pre-screen all programming before making it available.
Columbia Law To Attract Foreign Shoots
Columbian this week signed into law a new filming incentive aimed at attracting more runaway productions. The law will set up a national fund that will give tax breaks of up to 40 percent on production and post-production services and 20 percent on accommodation, transport costs and catering.
VUE Buys CinemaxX
British exhibitor VUE this week bought a majority stake in multiplex group CinemaxX, which operates cinemas across Germany and Denmark. VUE paid $180 million for the 84.6 percent stake in CinemaxX held by German media mogul Herbert Kloiber. The deal will make VUE one of Europe’s largest exhibitors, with 119 theaters across four countries.
The real Wolf of Wall Street? Nah. Dana Giacchetto, now under investigation again, calls himself the "Lamb of Wall Street" as he breaks his long-held silence about BFF DiCaprio, shares details of his intimate relationship with Ovitz, and asserts he had nothing to do with the suicide of CAA superstar Jay Moloney. Read More