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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Valuation Expert Seth Willenson Says MGM Price Too High
He tells WaxWord: “A bunch of well intentioned, highly educated analysts are going to overpay for MGM”
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MGM Deadline Passes: No Bids Confirmed
Clock ticks as CEO Jeff Bewkes must decide on whether and how much to bid for the coveted MGM
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MGM: Relativity, Malone Out, Time-Warner to Bid Low
Updated Thursday at 12:30 pm: Bloomberg reported that Time-Warner CEO Jeff Bewkes will be meeting tomorrow with Warner Bros chiefs Barry Meyer and Alan Horn to iron out the price. They’re also reporting, as I did, that bid will likely be low: $1.2 b to $1.5 billion. (I think that second number is the high…
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Not-So-‘Green’ Zone: Bad Blood at Universal
The Matt Damon thriller could lose $50 million for the studio — the finger-pointing has begun
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Hollywood Nervous About Cantor Exchange
Real investment in movie futures will be one more thing for executives to worry about ahead of release
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Hollywood for Sale II: Liberty Wants $100M for Overture
It’s a week of frenzy with a whiff of desperation over billions worth of companies on the block
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Universal Rejects Bid by Media Rights Capital to Buy Focus Features
Exclusive: Negotiations ongoing for the past month, fell apart last week
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News Corp Pays Out $1.65B to Securities Holders
BIllion-dollar financial housekeeping at Rupert’s place
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Joshua Newton: Variety’s Tim Gray Is ‘Lying Through His Nose’
The producer-director of “Iron Cross” tells the backstory of his lawsuit against Variety
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Whoops! Netflix Gets Caught by FTC, Cancels Contest
Movie download company found a contest revealed identity of its customer base
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Lionsgate Rejects Icahn’s $78.9M Bid
Board says investor group lacks experience; “partial” offer “coercive” to current shareholders
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‘Iron Cross’ Takes Campaign to L.A. Times (updated)
Full-page ad promoting unreleased film follows lawsuit against Variety claiming fraud
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Facebook Group: We’ll Pay to Read Todd McCarthy
Ousted Variety critic draws fan support, lands a gig with New York Film Festival selection committee
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Source: Lionsgate Out of Miramax Bidding
The independent studio is focusing its efforts on a pairing to buy MGM