EmptyGainor mines Screen Gems
Screen Gems has upped Glenn Gainor to head of physical production at the Sony label. His promotion comes at a time when Screen Gems has stepped up its feature film production slate goal to eight titles per year. Gainor will report to Gary Martin, president of production administration at Columbia Pictures. He will oversee Screen Gems' productions, from preproduction through physical production to post.
IFC upwraps Unbox
IFC said Tuesday that it would make select titles available digitally on Amazon's Unbox, including "4 Months, 3 Weeks, and 2 Days" and "Y tu Mama Tambien." About 25 films will be offered for rental or purchase, and the movies will be available at the same time on DVD.
Image 'Chosen One' in U.S.
Image Entertainment has acquired from Q Black Media the U.S. home entertainment distribution rights to the comedy "The Chosen One," starring Rob Schneider and Steve Buscemi. Schneider penned the script with Boon Collins. Q Black Media's Joe Q. Bretz, David Blackford and Chris Luu financed the project. The deal was finalized at the Festival de Cannes and negotiated by Image's Wendy Rutland. The film is set for a 2009 release.
MGM gets the boot
MGM's lion will roar in Italian under a groundbreaking deal between MGM Networks and News Corp.'s Sky Italia, the leading pay TV service in Italy. The local-language MGM Channel will launch June 1. Dubbed into Italian, the MGM Channel will feature a selection of titles from the MGM movie catalog.
Stereoscope picks Pablo
Fledgling 3-D post house Stereoscope recently installed Quantel's Pablo 4K color grading system with 3-D capabilities. Introduced to the market in September, the Pablo's 3-D option is designed to simultaneously play out and process two streams of synchronous high-resolution media.
Movie Gallery resets
Movie Gallery has emerged from bankruptcy protection, wiping out some of its debt as well as the investments of former shareholders, the company said Tuesday. After closing hundreds of stores, Movie Gallery said it is left with 3,300 in the U.S. and Canada under the brands Movie Gallery, Hollywood Video and Game Crazy. Movie Gallery stock, which traded at $30 a share as recently as three years ago, is worthless, and new shares will issued to some creditors. Required under bankruptcy laws to file financial statements monthly, Movie Gallery last reported losing $151.6 million in the month ending April 6. After a bidding war with Blockbuster that investors no doubt wish it would have lost, Movie Gallery paid $1 billion to acquire Hollywood Video in 2005 and the company has struggled ever since. Unable to pay its debt, Movie Gallery filed for bankruptcy protection in October 2007.