Posts Tagged Agency

What’s the Verdict: Marlon Wayan Creates Fifty Shades of Grey Spoof!

What’s the Verdict: Marlon Wayan Creates Fifty Shades of Grey Spoof!

Open Road Production company just bought the rights to Marlon Wayan’s new project, a spoof of the erotic thriller Fifty Shades of Grey, Fifty shades of black. The company purchased the film rights for a cool $5 million, and plan on a late January of 2016 release date.

This isn’t Wayan’s first deal with the Open Road Production company. He had previously worked with them on his last film titled A Haunted House. Open road also has Michael Tiddes ties to the deal as a the film’s director, Tiddes also directed A Haunted House.

Wayan’s is also expected to make his appearance as Mr. Black alongside long time friend and collaborator Rick Alvarez. If his past work is any indication this film is sure to get some laughs. I love a good spoof and I cannot wait to see this one.

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Whats the Verdict: Is Binge Watching the New Normal? NBC takes the plunge!

Once reserved strictly for online content streaming platforms like Amazon, Hulu, and Netflix, binge watching seems to have gone mainstream, with big networks beginning to release whole seasons online. The adoption of the binge model by big networks comes precisely at the same time that platforms like Netflix are moving away from it.

Tomorrow NBC will release the the first season of David Duchovny’s new period drama, Aquarius in its entirety online, while at the same time airing one episode a week on TV. In a Hollywood reporter article, NBC Entertainment Chairman, Bob Greenblatt proclaimed this decisions would push new boundaries, while also giving the consumer what they want.

NBC’s jump into the binge party comes at the same time as other’s are begining to question its merit. On May 21, Netflix began airing its new show, Between on a week to week basis. Hulu is also questioning the model and is looking at non binge options for its lineup, and Yahoo’s sixth season of Community is also being released over several weeks.

At the root of this shift is the need to create buzz. Content creators want to be able to build buzz around their shows, that continue over a period of time. The binge model allows for much of this build up. However, once the show is released the hype plummets. Serial releasing of content, on a week by week basis allows for hype to be built throughout a season.

As big networks like NBC move to catch up to online content providers like Netflix, more and more shows will be released on the binge model. The implications of this for the industry could be huge. Networks will have to create more and more content. This means that season story lines will become much longer. This also means that Networks will have to green light more shows. If they no longer have to worry about the physical confines of airtime, networks will be able to produce more shows for online viewers.

The real question is wether or not this is what the consumer wants. Will weekly entertainment transition into becoming fourteen hour obligations to watch an entire season in one weekend? What implications will this have on hiring patterns? What does this trend mean for payouts in the industry?

What do you think the verdict will be?

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Collective Bargaining Hollywood Style: Entourage stars Get $2mil each negotiating as one

Collective Bargaining Hollywood Style: Entourage stars Get $2mil each negotiating as one

After years of speculation and anticipation the HBO hit series Entourage will finally make it to the silver screen. Its long journey to the world’s movie theaters, as with most Hollywood big budget productions, was not without controversy and delay. In a recent article in the Hollywood Reporter, Kevin Dillon, who co-stars in the film said that discussion about a potential film had begun as early as 2008, the same year that HBO’s Sex and the City made its film debut.  Much of the delay was due to writer and director, Doug Ellin’s inability to come up with a script and storyline for the feature. However, once the script was completed the film would be further delayed by marathon salary negotiations.

One of the project’s main stars, Jeremy Piven, who was the only established celebrity prior to the original show’s conception, received a salary that left the other actors feeling like they deserved more than originally offered. After negotiations were finally completed Piven walked away with a cool $5 million, and the film’s other stars, Adrian Gernier, Jerry Ferrera, and Kevin Dillon, each signed deals worth $2 million.

In his interview with the Hollywood Reporter, Grenier discusses how he, Ferrera, and Dillon negotiated as a single unit to get their final deal, “We recognized that we had more leverage when we were aligned.” The utilization of collective bargaining between the project’s stars and the studio is very interesting and could start a new trend in contract negotiations. Rather than negotiate separate deals and contracts it seems as though Gerneir, Ferrera, and Dillon opted to negotiate as a single unit. This allowed them to secure the same uniform deal of $2 million each, rather than have their agents and attorney’s negotiate several different deals for each star. This technique can prove to be a rather effective one for ensemble cast projects, where all the stars can work together to secure a favorable payout.

Stay tuned for more on What’s The Verdict!

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WME and Silver Lake Strike A Deal To Buy IMG

Earlier this morning it was announced that WME outbid its rivals CVC Capital, Chernin Entertainment and a coalition of ICM Partners to acquire IMG Worldwide. IMG, once a rival agency and marketing firm, specializes in sports and entertainment.  Ari Emanuel and Patrick Whitesell of WME will remain at the helm of the combined company. Although the terms of the deal have yet to be disclosed, what we do know is that Mubadala Development Company will be a minority investor in the deal. Some speculate that WME’s plan is to create a media conglomerate and eventually take the company public. 

What do you think the future holds for WME? 

http://www.hollywoodreporter.com/news/wme-silver-lake-announce-deal-666374

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Angelina Jolie Signs With UTA

Mega movie star Angelina Jolie signed with UTA today. The agency has been repping the starlet on the directing front since 2011 but will now handle her acting career as well. 

http://www.hollywoodreporter.com/news/angelina-jolie-signs-uta-655700?utm_source=Sailthru&utm_medium=email&utm_term=hollywoodreporter_breakingnews&utm_campaign=THR%20Breaking%20News_now_rford

 

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UTA’s Wayne Fitterman Jumps Ship and Sails Over to WME

Wayne Fitterman, formerly of UTA, has joined WME as a partner. Fitterman was the head of UTA’s production department and will now head WME’s corresponding department. 

http://www.hollywoodreporter.com/news/utas-wayne-fitterman-joins-wme-655038

 

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