WaxWord
Sharon Waxman On the Business of Entertainment
The founder and editor of TheWrap’s take on life on the left coast, high culture, low culture and the business of entertainment and media. Waxman writes frequently on the inside doings of Hollywood, and is is also the author of two books, Rebels on the Back Lot and Loot.
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Lions Gate Reportedly Negotiating With Icahn
Settlement talks said to include offering him seat on board if Icahn drops takeover bid
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Lenders Again Extend MGM Debt Repayment Deadline
Company granted forbearance on debt until July 14 as it tries to find a buyer
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Lionsgate Shareholders Confirm Rights Plan, Shunning Icahn
Excluding Icahn Group, 70 percent of shares cast in favor of “poison pill” provision
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Revealed: The True Cost of ‘Robin Hood’: $237 Million
TheWrap has gotten a copy of the production budget
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With Pricey ‘Robin Hood,’ Universal Trudges Uphill to Profit (updated)
“It is hard to be on the tail end of a difficult run,” acknowledged one executive. “It is hard for morale”
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Lionsgate Shareholders Reject Improved Icahn Offer
The offer at $7 per share was rejected, the company announced, leaving takeover king to ponder price
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Blavatnik Pulls MGM Bid, Chernin Not Interested
Source close to Blavatnik says the ball is in the studio’s court
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CKX Founder Resigns as CEO, But May Buy It
Robert F.X. Sillerman steps aside at company that owns “Idol” producer, for now
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Miramax Deal by Monday? So Finish Already!
Deal has been drafted; negotiations that have dragged on for weeks are close to an end
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MGM Seeks Another Debt Repayment Extension
Lenders expected to vote next week on proposal
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Wrap Staff -
Exclusive: George Clooney Grilled on Plans to Save MPTF
He tells WaxWord: “It doesn’t seem to be insurmountable. I think there’s a way to put ideas together.”
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Variety 2.0: Save the Good Stuff For Print
in the age of online, the trade is definitely betting on print
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SAG’s Anne-Marie Johnson Rescinds MPTF Donation
The union vice president says she does not trust the management of the fund, encourages others to follow
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Digital Hollywood: Progress in Monetizing Content for the Web
“A golden age of advertising is dawning,” says one panelist to the hopeful stares of many
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MPTF Saviors? Clooney, SAG Chief Want Celeb Fundraiser
George Clooney tells TheWrap: “There’s a way for Hollywood’s wealthier to help out”