In a notable executive move, Paradigm Talent Agency is elevating fourteen agents to partner, the firm’s leaders told staff on Monday. The promotions bring the total number of partners to 15 at the company, which has about 100 employees.
Those partners, who’ll receive equity in the Sam Gores-founded agency, are as follows: Jim Dempsey (Talent), Bill Douglass (Literary Content), Sarah Fargo (Talent), Jennifer Good (Literary Content), Brett Hansen (Unscripted and Literary Content), Jennifer Millar (Talent), Jonathan Mills (Theatre and Content), Stephanie Ramsey (Talent), Mark Ross (Literary Content), Chris Schmidt (Talent), Zac Simmons (Literary Content), Jack Tantleff (Theatre and Content), Hannah Tenenbaum (Brand Partnerships), and Steve Wohl (Unscripted and International Content).
Gores stated of the promotions, “We have assembled an extraordinary group of creative, smart, experienced and energetic colleagues who will help guide Paradigm into the future.”
Paradigm Talent Agency, with offices in Los Angeles and New York, is the...
Those partners, who’ll receive equity in the Sam Gores-founded agency, are as follows: Jim Dempsey (Talent), Bill Douglass (Literary Content), Sarah Fargo (Talent), Jennifer Good (Literary Content), Brett Hansen (Unscripted and Literary Content), Jennifer Millar (Talent), Jonathan Mills (Theatre and Content), Stephanie Ramsey (Talent), Mark Ross (Literary Content), Chris Schmidt (Talent), Zac Simmons (Literary Content), Jack Tantleff (Theatre and Content), Hannah Tenenbaum (Brand Partnerships), and Steve Wohl (Unscripted and International Content).
Gores stated of the promotions, “We have assembled an extraordinary group of creative, smart, experienced and energetic colleagues who will help guide Paradigm into the future.”
Paradigm Talent Agency, with offices in Los Angeles and New York, is the...
- 4/24/2023
- by Erik Hayden
- The Hollywood Reporter - Movie News
The closing of CAA’s closely watched megadeal for rival ICM last June and the reverberations of the Writers Guild’s years-long standoff with agencies over packaging fees and affiliate productions have reshaped Hollywood’s representation landscape. With only three majors left — CAA, UTA and Endeavor-owned WME — there’s now a race among midsize firms to become the de facto No. 4.
One of the firms eyeing an expansion is A3 Artists Agency, which had its outside counsel send letters of purchase inquiry to three of its rivals — Verve, APA and an undisclosed agency — in mid-January. A3 chairman Adam Bold says the Bill Weinstein-led Verve dismissed the offer to open discussions (Verve had no comment), while APA president Jim Osbourne tells The Hollywood Reporter that “a sale to anyone, much less A3, was never entertained and simply not true.”
Bold says he’s in early talks with a third agency.
One of the firms eyeing an expansion is A3 Artists Agency, which had its outside counsel send letters of purchase inquiry to three of its rivals — Verve, APA and an undisclosed agency — in mid-January. A3 chairman Adam Bold says the Bill Weinstein-led Verve dismissed the offer to open discussions (Verve had no comment), while APA president Jim Osbourne tells The Hollywood Reporter that “a sale to anyone, much less A3, was never entertained and simply not true.”
Bold says he’s in early talks with a third agency.
- 2/22/2023
- by Jonathan Handel
- The Hollywood Reporter - Movie News
Click here to read the full article.
Consolidation in the talent representation business isn’t over yet.
Paradigm Entertainment, the owner of Paradigm Talent Agency, is acquiring a trio of representation and management companies and forming a new division to house them: Paradigm Media Entertainment.
Paradigm Media Entertainment will expand Paradigm’s reach into the worlds of TV news and culinary programming. The acquired companies include Napoli Management Group and 3 Kings Entertainment, which specialize in broadcast news talent, and Two Twelve Management, which specializes in chefs and other culinary talent.
Napoli and 3 Kings represent talent at channels like CNN, Fox News, ESPN and NFL Network, as well as local stations across the country. Two Twelve’s clients include Top Chef judge Tom Collicchio, and Food Network talent like Anne Burrell and Geoffrey Zakarian.
Paradigm acquired the firms from the family office Blue Equity, which is also committing to support...
Consolidation in the talent representation business isn’t over yet.
Paradigm Entertainment, the owner of Paradigm Talent Agency, is acquiring a trio of representation and management companies and forming a new division to house them: Paradigm Media Entertainment.
Paradigm Media Entertainment will expand Paradigm’s reach into the worlds of TV news and culinary programming. The acquired companies include Napoli Management Group and 3 Kings Entertainment, which specialize in broadcast news talent, and Two Twelve Management, which specializes in chefs and other culinary talent.
Napoli and 3 Kings represent talent at channels like CNN, Fox News, ESPN and NFL Network, as well as local stations across the country. Two Twelve’s clients include Top Chef judge Tom Collicchio, and Food Network talent like Anne Burrell and Geoffrey Zakarian.
Paradigm acquired the firms from the family office Blue Equity, which is also committing to support...
- 9/7/2022
- by Alex Weprin
- The Hollywood Reporter - Movie News
Paradigm Entertainment said Wednesday that it has acquired Best, a group of three management and marketing companies focused in the worlds of broadcast news, culinary and on-air media personalities. The new acquisitions will be housed in the newly created arm Paradigm Media Entertainment, which is majority owned by Paradigm Entertainment, which also has a majority interest in Paradigm Talent Agency. Those two lines of business will now work together to service clients’ entertainment, publishing, brand partnership, and news-media services needs.
No other terms of the deal were announced.
The deal for the trio of companies — Napoli Management Group, Two Twelve Management & Marketing and 3 Kings Entertainment — was struck with Best owner private-equity firm Blue Equity. Paradigm Media Entertainment’s entertainment, broadcasting and marketing businesses will be headed by Napoli Management Group’s Mendes J. Napoli, Two Twelve’s Scott Feldman and 3 Kings’ Matthew Kingsley. Paradigm Entertainment and Paradigm Talent Agency...
No other terms of the deal were announced.
The deal for the trio of companies — Napoli Management Group, Two Twelve Management & Marketing and 3 Kings Entertainment — was struck with Best owner private-equity firm Blue Equity. Paradigm Media Entertainment’s entertainment, broadcasting and marketing businesses will be headed by Napoli Management Group’s Mendes J. Napoli, Two Twelve’s Scott Feldman and 3 Kings’ Matthew Kingsley. Paradigm Entertainment and Paradigm Talent Agency...
- 9/7/2022
- by Patrick Hipes
- Deadline Film + TV
Looks as though the record for priciest California home sale ever has been broken yet again, this time by a giant compound in Malibu. At $177 million, the sold price eclipses the previous record — set last year by Jeff Bezos in Beverly Hills — by $12 million. Apparel mogul Serge Azria and his wife, Florence, were the lucky sellers, while the buyers were Silicon Valley-based venture capitalist Marc Andreessen and his wife, Laura Arrillaga, who’s hugely rich in her own right as the only daughter of multibillionaire real estate developer John Arrillaga. The off-market deal was first reported by The Wall Street Journal.
Unfathomable though the price may be, this property is loaded with amenities that could make the $177 million figure seem almost worth it to some folks — or at least remotely palatable. For one thing, the blufftop property is located directly above Paradise Cove, perhaps the most gorgeous beach in all of Malibu.
Unfathomable though the price may be, this property is loaded with amenities that could make the $177 million figure seem almost worth it to some folks — or at least remotely palatable. For one thing, the blufftop property is located directly above Paradise Cove, perhaps the most gorgeous beach in all of Malibu.
- 11/2/2021
- by James McClain, Dirt.com
- The Hollywood Reporter - Movie News
One of the best properties in all of Los Angeles just sold ... for a cool $100 mil, TMZ has learned. Detroit Pistons' owner Tom Gores snagged the Holmby Hills estate Thursday. The place is spectacular ... 30,000 square feet, 10 bedrooms, 20 bathrooms, a 10 car garage, ridiculous pools, including an indoor waterfall that drops into a lap pool, beauty salon, wine room, massage room, movie theater ... and on and on. The master suite alone is 5,300 square feet! It's the second $100 million sale in L.
- 10/21/2016
- by TMZ Staff
- TMZ
Stan Van Gundy, the former Miami Heat and Orlando Magic coach, has been tapped to serve as the head coach and head of basketball operations for the Detroit Pistons.
Stan Van Gundy Gets Pistons Job
Van Gundy’s contract with the Detroit NBA franchise has yet to be finalized, but an insider has implied that it’s a done deal to the Detroit Free Press. It’s likely that the contract will be finalized by the end of the week.
Thus far in his head-coaching career, Van Gundy, 54, has a 371-208 record. In Detroit, he’ll have even more control of his team, as Pistons owner Tom Gores has given him complete control over personnel. Whoever is selected as the general manager will report directly to Van Gundy.
The only two other NBA coaches with full control over their personnel are Doc Rivers (Los Angeles Clippers) and Gregg Popovich (San...
Stan Van Gundy Gets Pistons Job
Van Gundy’s contract with the Detroit NBA franchise has yet to be finalized, but an insider has implied that it’s a done deal to the Detroit Free Press. It’s likely that the contract will be finalized by the end of the week.
Thus far in his head-coaching career, Van Gundy, 54, has a 371-208 record. In Detroit, he’ll have even more control of his team, as Pistons owner Tom Gores has given him complete control over personnel. Whoever is selected as the general manager will report directly to Van Gundy.
The only two other NBA coaches with full control over their personnel are Doc Rivers (Los Angeles Clippers) and Gregg Popovich (San...
- 5/14/2014
- Uinterview
CBS took another step toward becoming a pure content company today by agreeing to sell CBS Outdoor International for about $225M to Platinum Equity. The private equity firm’s irrevocable binding offer is “a key strategic milestone for CBS” that represents “very good value” says company chief Les Moonves. He said in January that he wanted to sell the overseas billboard business, and turn the U.S. and Canadian operation into a Real Estate Investment Trust (Reit). The price for the international unit was a pleasant surprise to Wells Fargo Securities’ Marci Ryvicker: With Europe’s economic woes, she says that she expected it to fetch no more than $170M. Platinum Equity CEO Tom Gores called the deal “a complex carve out that required real collaboration between buyer and seller with a strong emphasis on quality of execution.” He vowed to “move quickly to complete a seamless transition and create real value in this business.
- 7/16/2013
- by DAVID LIEBERMAN, Executive Editor
- Deadline TV
Detroit Pistons billionaire owner Tom Gores was harassed at his house Sunday night ... when two unidentified men showed up at his doorstep, demanding over a Million bucks for the Mormon Church -- law enforcement sources tell TMZ.It's a bizarre tale -- we're told Tom was specifically targeted by the duo, which tracked him down at his home in L.A.'s exclusive Mulholland Estates, the same gated community where Charlie Sheen lives.Law enforcement sources tell us,...
- 12/20/2011
- by TMZ Staff
- TMZ
The mergers-and-acquisition fund controlled by Tom Gores has sold The San Diego Union-Tribune to real estate entrepreneur Doug Manchester's Mlim, LLC, the companies announced on Thursday. “Taking ownership of a 143-year-old Pulitzer Prize-winning news organization comes with great responsibility," Manchester said in a statement. "We believe San Diego is the finest city in America and pledge to be strong advocates for the city’s interests and conscientious caretakers of the Union-Tribune and its legacy." Also read: Who Are the Gores Bros., and Why Do They Want to Buy Hollywood? Terms of the deal between Gores'...
- 11/17/2011
- by Brent Lang
- The Wrap
Exclusive: I can tell you that Focus Features is not for sale -- yet anyway -- and Universal hasn't even had one conversation with Comcast about putting the specialty house in play (and can't until the deal gets regulatory approval). So much for all that Internet chatter tonight about the Gores Brothers wanting to buy Focus. The bros and several other companies like Relativity and Mrc have made offers for Focus over the past year -- Alec and Tom Gores put in an offer very recently -- but Universal hasn't even gone back to anyone with a counter-offer and I understand won't for the forseeable future. "People make offers all the time," an insider tells me. "Nothing is happening now, either."...
- 12/11/2010
- by NIKKI FINKE
- Deadline Hollywood
Universal Pictures is in talks to sell its specialty film label Focus Features to investor brothers Alec and Tom Gores, according to people familiar with the matter. The discussions, which are still in early stages, calls into question whether the film studio will hold onto its independent film division as it is swallowed by cable giant Comcast Corp. next year. Claudia Eller and Ben Fritz report.
- 12/10/2010
- Indiewire
Updated: Universal Pictures is in early talks to sell Focus Features to brothers Alec and Tom Gores, The Hollywood Reporter has confirmed.
Discussions are in the preliminary stages. If a sale goes through, Universal could divest itself of its specialty film division before the NBC Universal merger with Comcast happens next year.
The Gores made an attempt to buy Miramax earlier this year and also considered Overture Films’ Starz Media. They recently acquired Alliance Entertainment LLC, a DVD and video game distributor.
Talks have apparently been going on for several weeks, according to a report in the Los Angeles Times, and people close to the situation said a deal is not guaranteed.
The Gores declined to comment through their spokespeople. A Focus spokesperson declined to comment.
“Over time we have gotten a lot of offers for Focus Features, be we are not in active negotiations to sell Focus,” a Universal spokesperson said.
Discussions are in the preliminary stages. If a sale goes through, Universal could divest itself of its specialty film division before the NBC Universal merger with Comcast happens next year.
The Gores made an attempt to buy Miramax earlier this year and also considered Overture Films’ Starz Media. They recently acquired Alliance Entertainment LLC, a DVD and video game distributor.
Talks have apparently been going on for several weeks, according to a report in the Los Angeles Times, and people close to the situation said a deal is not guaranteed.
The Gores declined to comment through their spokespeople. A Focus spokesperson declined to comment.
“Over time we have gotten a lot of offers for Focus Features, be we are not in active negotiations to sell Focus,” a Universal spokesperson said.
- 12/10/2010
- The Hollywood Reporter - Movie News
Universal Pictures is not currently in negotitions to sell Focus Features, its specialty film division, and according to sources, no talks about any possible deal are scheduled.
"Over time we have gotten a lot of offers for Focus, but there are no active negotiations taking place at this time," a studio spokesperson told The Hollywood Reporter Friday in response to report in the Los Angeles Times that the brothers Alec and Tom Gores are in talks to buy the unit.
While the Gores brothers have made an informal proposal to buy Focus, due to the pending merger of the NBC Universal assets with Comcast, any deal is unlikely in the midst of regulatory reviews. Comcast may not get clearance for weeks or months to close the merger, and there can be no sale of Focus or any other of Universal's major assets until after merger is completed.
Universal has fielded...
"Over time we have gotten a lot of offers for Focus, but there are no active negotiations taking place at this time," a studio spokesperson told The Hollywood Reporter Friday in response to report in the Los Angeles Times that the brothers Alec and Tom Gores are in talks to buy the unit.
While the Gores brothers have made an informal proposal to buy Focus, due to the pending merger of the NBC Universal assets with Comcast, any deal is unlikely in the midst of regulatory reviews. Comcast may not get clearance for weeks or months to close the merger, and there can be no sale of Focus or any other of Universal's major assets until after merger is completed.
Universal has fielded...
- 12/10/2010
- The Hollywood Reporter - Movie News
By Sharon Waxman
The Walt Disney Company has entered into exclusive negotiations with David Bergstein and his financial partners to sell their arthouse division Miramax, TheWrap has learned.
Disney’s negotiations with the Weinstein Company and Ron Burkle broke down over a week ago.
Since then, Disney has been negotiating actively with billionaire brothers Alec and Tom Gores and with Bergstein, who is backed by L.A. construction billionaire Ron Tutor and two other unnamed individuals.
Bergstein had previously raised his bid from $650 million for the studio.
In an inter...
The Walt Disney Company has entered into exclusive negotiations with David Bergstein and his financial partners to sell their arthouse division Miramax, TheWrap has learned.
Disney’s negotiations with the Weinstein Company and Ron Burkle broke down over a week ago.
Since then, Disney has been negotiating actively with billionaire brothers Alec and Tom Gores and with Bergstein, who is backed by L.A. construction billionaire Ron Tutor and two other unnamed individuals.
Bergstein had previously raised his bid from $650 million for the studio.
In an inter...
- 6/4/2010
- by Lew Harris
- The Wrap
Disney is renewing talks with the Gores brothers for the acquisition of Miramax after exclusive negotiations with the Weinsteins and their investor Ron Burkle were called off.
Investors Alec and Tom Gores -- advised by their brother Sam, who heads the Paradigm agency -- reportedly bid about $600 million for Miramax, but that was below the $625 million that had been offered by the Weinstein/Burkle group and the $650 million bid by a group advised by Pangea Group CEO David Bergstein.
It is believed that Disney prefers to deal with the Gores because of Bergstein's highly publicized legal troubles.
Regarding the Weinstein talks, Burkle apparently decided that $625 million was too high and asked for a reduction. That's when talks broke down, and Disney -- which has sought $700 million for Miramax -- called off the exclusive negotiating period.
Burkle, who runs the Yucaipa Cos., is known as a savvy investor who specializes in distressed assets.
Investors Alec and Tom Gores -- advised by their brother Sam, who heads the Paradigm agency -- reportedly bid about $600 million for Miramax, but that was below the $625 million that had been offered by the Weinstein/Burkle group and the $650 million bid by a group advised by Pangea Group CEO David Bergstein.
It is believed that Disney prefers to deal with the Gores because of Bergstein's highly publicized legal troubles.
Regarding the Weinstein talks, Burkle apparently decided that $625 million was too high and asked for a reduction. That's when talks broke down, and Disney -- which has sought $700 million for Miramax -- called off the exclusive negotiating period.
Burkle, who runs the Yucaipa Cos., is known as a savvy investor who specializes in distressed assets.
- 5/25/2010
- by By Alex Ben Block
- The Hollywood Reporter - Movie News
The Weinstein brothers and their key backer in a $625 million bid for Miramax issued a short statement Friday afternoon to counter press reports that their deal with Disney had fallen apart.
The statement reads: "The Weinstein Brothers, The Weinstein Company and Ron Burkle are all working towards a deal to purchase and operate Miramax. The parties continue to work diligently towards an agreement."
The short statement is intended to counter claims that talks with Disney are off due to problems with the structure of the deal, and that, as one report had it, Disney is not satisfied that Burkle's Yucaipa Companies will put up the money as promised, a reported $300 million-plus in equity.
The rest of the money is supposed to be "mezzanine level" financing put together by New York hedge funds Fortress-Colbeck. Part of that is to be backed by receivables -- money contracted for but not yet paid...
The statement reads: "The Weinstein Brothers, The Weinstein Company and Ron Burkle are all working towards a deal to purchase and operate Miramax. The parties continue to work diligently towards an agreement."
The short statement is intended to counter claims that talks with Disney are off due to problems with the structure of the deal, and that, as one report had it, Disney is not satisfied that Burkle's Yucaipa Companies will put up the money as promised, a reported $300 million-plus in equity.
The rest of the money is supposed to be "mezzanine level" financing put together by New York hedge funds Fortress-Colbeck. Part of that is to be backed by receivables -- money contracted for but not yet paid...
- 5/21/2010
- by By Alex Ben Block
- The Hollywood Reporter - Movie News
Talks to hammer out final details are ongoing in the envisioned purchase of Walt Disney Co's Miramax films by Hollywood producers Bob and Harvey Weinstein and billionaire Ron Burkle's Yucaipa Cos, sources said on Friday.But a third source said the deal appears near a breaking point amid disagreements between the buyers over control of the unit.Two sources with knowledge of the situation denied reports in the Los Angeles Times and the New York Times that the deal had fallen through, saying talks are continuing. Yucaipa Cos and Weinstein Company have launched a $625 million bid for Miramax, which has a library of more than 600 films including "Pulp Fiction" and "The English Patient."But a third source said discussions have hit a roadblock for now, as tensions emerged between the two would-be buyers.The parties entered into an exclusive negotiating window in April on the sale of Miramax.
- 5/21/2010
- Filmicafe
Film producer and Miramax Films co-founder Harvey Weinstein arrives with his with wife, Georgina Chapman,... Enlarge Photo Film producer and Miramax Films co-founder Harvey Weinstein arrives with his with wife, Georgina Chapman,... Slideshow: World in pictures: April21Film moguls Bob and Harvey Weinstein and backer billionaire Ron Burkle continued talks for the purchase of Walt Disney Co's Miramax Films on Wednesday and a deal could be reached within days, said one source familiar with the discussions.The source said a deal was expected within the next "24 to 48 hours."Three other sources with knowledge of the Miramax talks said on Wednesday that an exclusive negotiating window between Disney and the team comprising the Weinsteins and financial backer Burkle's Yucaipa Cos had been extended beyond its original five day timeframe.A dispute between Weinstein Co shareholder Mark Cuban and the Weinsteins also came to light on Wednesday, but a source...
- 4/21/2010
- Filmicafe
0 false 18 pt 18 pt 0 0 false false false Every time I turn around, I feel like I'm reading something about how Bob and Harvey Weinstein have no money. From their parting ways with Miramax (the company that made them indie icons) to the floundering of their latest venture, The Weinstein Company, it feels as if every story about the brothers lately might have been written on the reverse side of a cardboard sign that says, "Will Work for Independent Financing."
And yet the scuttling of their glory days - coming in the form of Disney's auctioning off of the famous Miramax label - has the brothers in money-raising mode to buy back their old Hollywood stomping grounds. And for two brothers with widely reported financial woes, apparently they've generated a $600 million bid.
According to The Hollywood Reporter:
Miramax founders Harvey and Bob Weinstein had been building enough financial muscle to put together...
And yet the scuttling of their glory days - coming in the form of Disney's auctioning off of the famous Miramax label - has the brothers in money-raising mode to buy back their old Hollywood stomping grounds. And for two brothers with widely reported financial woes, apparently they've generated a $600 million bid.
According to The Hollywood Reporter:
Miramax founders Harvey and Bob Weinstein had been building enough financial muscle to put together...
- 4/16/2010
- UGO Movies
By Roger Friedman
Miramax–the name and the catalog–may finally be returned to its rightful owners, the Weinstein brothers.
I was the first to write several months ago that once Disney decided to close Miramax, they should give the name back to the Weinsteins. Well, Disney does nothing for free, except when you wish upon a star. So the Weinsteins are in the middle of talks to buy it all back. They’re joined supermarket billionaire Ron Burkle, who also owns half the debt of Barneys department stores and most of Sean P Diddy Combs.
There are others in the bid for Miramax, including billionaire brothers Alec and Tom Gores, whose brother Sam owns the Paradigm Talent Agency and is married to former “Another World” star Jensen Buchanan. The other horse in the race belongs to David Bergstein, who once owned ThinkFilm.
Bergstein is a terrible choice. He destroyed...
Miramax–the name and the catalog–may finally be returned to its rightful owners, the Weinstein brothers.
I was the first to write several months ago that once Disney decided to close Miramax, they should give the name back to the Weinsteins. Well, Disney does nothing for free, except when you wish upon a star. So the Weinsteins are in the middle of talks to buy it all back. They’re joined supermarket billionaire Ron Burkle, who also owns half the debt of Barneys department stores and most of Sean P Diddy Combs.
There are others in the bid for Miramax, including billionaire brothers Alec and Tom Gores, whose brother Sam owns the Paradigm Talent Agency and is married to former “Another World” star Jensen Buchanan. The other horse in the race belongs to David Bergstein, who once owned ThinkFilm.
Bergstein is a terrible choice. He destroyed...
- 4/16/2010
- by Staff
- Hollywoodnews.com
Briefly: Going to keep this one short until more detail comes in, but here are the basics. About an hour ago THR ran a piece saying that Bob and Harvey Weinstein would again be in control of the Miramax name and library thanks to a $600m bid made with/through Ron Burkle and a small consortium of financiers. But Deadline insists that Disney is denying the report. Nikki Finke says that Disney just said, on the record, "no [Miramax] deal done and reports to the contrary are false". So which is it? Recently, rival bidders Alec and Tom Gores had reportedly leapt to the forefront of the dealmaking process with a $550m cash offer. But Disney could still sell to Burkle, through whom the Weinsteins would end up controlling their old library once more. We'll keep an eye on this one and I'll update when more info comes to light.
- 4/16/2010
- by Russ Fischer
- Slash Film
It looks as if the Weinsteins have managed to fashion a winning bid in the Miramax auction and will take back operating control of the company they founded in 1979 and sold to Disney for $80 million in 1993.
Running the process internally, the Burbank studio for months has been soliciting offers for the recently shut specialty-film unit and its 611-title library.
Miramax founders Harvey and Bob Weinstein had been building enough financial muscle to put together an offer of $600 million or thereabouts, seeking to top bids from such rival suitors as businessmen Alec and Tom Gores and a more controversial one from Hollywood wheeler-dealer David Bergstein.
Harvey and Bob Weinstein have been kibitzing with billionaire financier Ron Burkle throughout the auction process. In addition to Burkle's Yucaipa group, the duo's backers include hedge funds Fortress and Colbeck Capital. In effect, Burkle and friends would be the official buyers, but the Weinsteins effectively would run the operation.
Running the process internally, the Burbank studio for months has been soliciting offers for the recently shut specialty-film unit and its 611-title library.
Miramax founders Harvey and Bob Weinstein had been building enough financial muscle to put together an offer of $600 million or thereabouts, seeking to top bids from such rival suitors as businessmen Alec and Tom Gores and a more controversial one from Hollywood wheeler-dealer David Bergstein.
Harvey and Bob Weinstein have been kibitzing with billionaire financier Ron Burkle throughout the auction process. In addition to Burkle's Yucaipa group, the duo's backers include hedge funds Fortress and Colbeck Capital. In effect, Burkle and friends would be the official buyers, but the Weinsteins effectively would run the operation.
- 4/15/2010
- by By Elizabeth Guider and Carl DiOrio
- The Hollywood Reporter - Movie News
Bob and Harvey Weinstein are favourites in a three-way battle to buy the film studio they founded in 1979 from Disney
Producers Bob and Harvey Weinstein are today embroiled in a heavyweight battle to buy back Miramax, the bespoke film studio they sold to Disney in 1993. Miramax shut its doors in January with the loss of 80 jobs. Its parent company is now inviting bids of $700m (£455m) for the studio and its hefty catalogue of movies.
The Weinsteins, who founded Miramax in 1979, remain the sentimental favourites to reclaim the operation, although they face stiff competition. Disney yesterday admitted that it is weighing up three separate offers for the studio.
Backed by supermarket tycoon Ron Burkle, the Weinsteins are believed to have bid $600m. Their rivals for the company reportedly include financier David Bergstein and another pair of brothers – the billionaire siblings Alec and Tom Gores, who are respectively ranked 220th and...
Producers Bob and Harvey Weinstein are today embroiled in a heavyweight battle to buy back Miramax, the bespoke film studio they sold to Disney in 1993. Miramax shut its doors in January with the loss of 80 jobs. Its parent company is now inviting bids of $700m (£455m) for the studio and its hefty catalogue of movies.
The Weinsteins, who founded Miramax in 1979, remain the sentimental favourites to reclaim the operation, although they face stiff competition. Disney yesterday admitted that it is weighing up three separate offers for the studio.
Backed by supermarket tycoon Ron Burkle, the Weinsteins are believed to have bid $600m. Their rivals for the company reportedly include financier David Bergstein and another pair of brothers – the billionaire siblings Alec and Tom Gores, who are respectively ranked 220th and...
- 4/9/2010
- by Xan Brooks
- The Guardian - Film News
There might be a reason why bids for Miramax are coming in under what Disney would have liked, and it's not just recession-weary cost-consciousness at play.
Rather, the library is a maze of disparate titles and murky rights. Yes, there are 14 prestige titles that competed for best picture Oscars, three of which nabbed the statuette, but there also is a lot of straight-to-video fare, quirky art pics with little remake potential and other films whose ownership is unclear or hopelessly split.
Even the size of the library has been misstated over and over again. Various reports have placed it at 700 movies, but there are actually only 611 (plus 220 hours of TV episodes) and only slightly more than half of those movies got a domestic theatrical release and can be considered salable quality movies that have potential to keep generating significant revenue.
There also are five unreleased movies in the mix: Julie Taymor's adaptation of Shakespeare's "The Tempest"; the Jennifer Aniston romantic comedy "The Switch" (formerly "The Baster")...
Rather, the library is a maze of disparate titles and murky rights. Yes, there are 14 prestige titles that competed for best picture Oscars, three of which nabbed the statuette, but there also is a lot of straight-to-video fare, quirky art pics with little remake potential and other films whose ownership is unclear or hopelessly split.
Even the size of the library has been misstated over and over again. Various reports have placed it at 700 movies, but there are actually only 611 (plus 220 hours of TV episodes) and only slightly more than half of those movies got a domestic theatrical release and can be considered salable quality movies that have potential to keep generating significant revenue.
There also are five unreleased movies in the mix: Julie Taymor's adaptation of Shakespeare's "The Tempest"; the Jennifer Aniston romantic comedy "The Switch" (formerly "The Baster")...
- 4/8/2010
- by By Alex Ben Block
- The Hollywood Reporter - Movie News
Disney Co. is weighing three offers for Miramax Films. The company could decide not to accept them. One: Supermarket magnate Ron Burkle's Yucaipa, in cahoots with Miramax-founders Bob and Harvey Weinstein. Two: Alec and Tom Gores of investment firms the Gores Group and Platinum Equity, advised by Sam Gores, founder of Paradigm talent agency. Three: Astonishingly, beleaguered financier David Bergstein's Pangea Media Group, reportedly the highest bid of the three, according to the Lat: Disney was initially seeking an all-cash deal of $650 million to $700 million, people close to the matter said. Summit Entertainment and Amir Malin's investment firm Qualia Capital early on weighed making bids but balked at the asking price. I'm rooting for the Weinsteins. They built the library, own some sequel rights, ...
- 4/7/2010
- Thompson on Hollywood
By Sharon Waxman
Bids are due on Thursday, April 1, for Miramax, the indie division that The Walt Disney Company has put up for sale.
I'm hearing that the last two bidders standing, The Weinstein Company, and Tom Gores' Platinum Equity, have been up doing all-nighters, bombarding Disney with more questions and pushing their financial analysts to justify the highest possible valuation.
Because thus far they've not been able to justify anything near Disney's desired $700 million figure.
Disney pushed the deadline for the bids off to today, March 31, but I'm told bids aren't really ...
Bids are due on Thursday, April 1, for Miramax, the indie division that The Walt Disney Company has put up for sale.
I'm hearing that the last two bidders standing, The Weinstein Company, and Tom Gores' Platinum Equity, have been up doing all-nighters, bombarding Disney with more questions and pushing their financial analysts to justify the highest possible valuation.
Because thus far they've not been able to justify anything near Disney's desired $700 million figure.
Disney pushed the deadline for the bids off to today, March 31, but I'm told bids aren't really ...
- 3/31/2010
- by Sharon Waxman
- The Wrap
By Sharon Waxman
In a sign of continued nervousness among sellers at Hollywood's yard sale, the Walt Disney Company has extended the March 19 deadline for second and final bids on its arthouse division Miramax to the end of the month, according to one individual involved in the bidding process.
The seconds bids were due on Friday, the same day that MGM has requested final bids in its sale, and that deadline too is proving somewhat flexible.
The race has come down to two bidders -- The Weinstein Company and Tom Gores' Platinum Equity. Both companies have been deep in due diligence at the compan...
In a sign of continued nervousness among sellers at Hollywood's yard sale, the Walt Disney Company has extended the March 19 deadline for second and final bids on its arthouse division Miramax to the end of the month, according to one individual involved in the bidding process.
The seconds bids were due on Friday, the same day that MGM has requested final bids in its sale, and that deadline too is proving somewhat flexible.
The race has come down to two bidders -- The Weinstein Company and Tom Gores' Platinum Equity. Both companies have been deep in due diligence at the compan...
- 3/19/2010
- by Sharon Waxman
- The Wrap
By Sharon Waxman
This just in from an insider involved in the sale of Miramax from The Walt Disney Company:
Lionsgate has dropped out of the bidding.
Disney won't comment on this stuff, and neither will Lionsgate.
If true, and the lack of denial makes me think it is, then that leaves two major bidders in the running: The Weinstein Company, and Tom Gores of Platinum.
Every other bidder, including Lionsgate, including Len Blavatnik, think that Disney is asking way ...
This just in from an insider involved in the sale of Miramax from The Walt Disney Company:
Lionsgate has dropped out of the bidding.
Disney won't comment on this stuff, and neither will Lionsgate.
If true, and the lack of denial makes me think it is, then that leaves two major bidders in the running: The Weinstein Company, and Tom Gores of Platinum.
Every other bidder, including Lionsgate, including Len Blavatnik, think that Disney is asking way ...
- 3/12/2010
- by Sharon Waxman
- The Wrap
This review was written for the theatrical release of "I Know Who Killed Me".There's a fresh candidate in the running for worst movie of 2007 honors.
"I Know Who Killed Me", a ridiculous thriller (minus the thrills) starring the embattled Lindsay Lohan in a dual role, has all the hallmarks necessary for qualification: A nonsensical plot that grows sillier by the second, tawdry special effects, heavy-handed symbolism that's big on electric-blue hues and mechanical performances are all culprits as far as the title's concerned.
We'll probably never know whether Lohan's most recent difficulties took their toll on the picture's boxoffice potential, because either way, this TriStar Pictures release doesn't even warrant one star.
Lohan plays Aubrey Fleming, an aspiring writer and promising pianist who disappears one evening while out with friends only to turn up in a hospital minus a hand and a leg after barely escaping from a madman's torture chamber.
When her distraught parents (Julia Ormond, Neal McDonough) rush to her side while guys in FBI T-shirts methodically hunt for her would-be killer, she doesn't recognize the name they call her, insisting that she's Dakota Moss, a pole dancer in a seedy strip joint who subsequently has reason to believe she may actually be Aubrey's identical twin sister.
Don't even ask.
You might, however, find yourself asking just what was Lohan -- whose promising career already has taken a few hits with such films as "Just My Luck" and "Georgia Rule" -- thinking when she signed on to this nonsense?
Maybe she was attracted to playing two parts for the price of one, having already shown a knack for duality in those "Parent Trap" and "Freaky Friday" remakes.
Whatever the reason, Lohan, harshly lit throughout much of the film, finds herself fighting a losing battle as she attempts to breathe some sort of life into an alter ego character that already has serious credibility issues.
It's also curious how she's the only stripper in the place who gets to keep all her clothes on while strutting her stuff, and the grisly clientele doesn't seem to mind.
But that's the least of the problems with Jeffrey Hammond's script and Chris Sivertson's pretentious direction, which signals the identity of the real killer so early on in the game, you're sure it has to be a red -- or, make that blue -- herring.
And whatever remaining subtlety somehow managed to escaped Sivertson's attention in this HD film is effectively blasted into oblivion by Joel McNeely's bombastic, derivative score.
I KNOW WHO KILLED ME
TriStar Pictures
A TriStar Pictures and 360 Pictures presentation
Credits:
Director: Chris Sivertson
Screenwriter: Jeffrey Hammond
Producer: Frank Mancuso Jr.
Executive producers: Tom Gores, Johnny O. Lopez
Director of photography: John R. Leonetti
Production designer: Jerry Fleming
Music: Joel McNeely
Costume designer: Rachel Sage Kunin
Editor: Lawrence Jordan
Cast:
Aubrey Fleming/Dakota Moss: Lindsay Lohan
Susan Fleming: Julia Ormond
Daniel Fleming: Neal McDonough
Jerrod: Brian Geraghty
Running time -- 105 minutes
MPAA rating: R...
"I Know Who Killed Me", a ridiculous thriller (minus the thrills) starring the embattled Lindsay Lohan in a dual role, has all the hallmarks necessary for qualification: A nonsensical plot that grows sillier by the second, tawdry special effects, heavy-handed symbolism that's big on electric-blue hues and mechanical performances are all culprits as far as the title's concerned.
We'll probably never know whether Lohan's most recent difficulties took their toll on the picture's boxoffice potential, because either way, this TriStar Pictures release doesn't even warrant one star.
Lohan plays Aubrey Fleming, an aspiring writer and promising pianist who disappears one evening while out with friends only to turn up in a hospital minus a hand and a leg after barely escaping from a madman's torture chamber.
When her distraught parents (Julia Ormond, Neal McDonough) rush to her side while guys in FBI T-shirts methodically hunt for her would-be killer, she doesn't recognize the name they call her, insisting that she's Dakota Moss, a pole dancer in a seedy strip joint who subsequently has reason to believe she may actually be Aubrey's identical twin sister.
Don't even ask.
You might, however, find yourself asking just what was Lohan -- whose promising career already has taken a few hits with such films as "Just My Luck" and "Georgia Rule" -- thinking when she signed on to this nonsense?
Maybe she was attracted to playing two parts for the price of one, having already shown a knack for duality in those "Parent Trap" and "Freaky Friday" remakes.
Whatever the reason, Lohan, harshly lit throughout much of the film, finds herself fighting a losing battle as she attempts to breathe some sort of life into an alter ego character that already has serious credibility issues.
It's also curious how she's the only stripper in the place who gets to keep all her clothes on while strutting her stuff, and the grisly clientele doesn't seem to mind.
But that's the least of the problems with Jeffrey Hammond's script and Chris Sivertson's pretentious direction, which signals the identity of the real killer so early on in the game, you're sure it has to be a red -- or, make that blue -- herring.
And whatever remaining subtlety somehow managed to escaped Sivertson's attention in this HD film is effectively blasted into oblivion by Joel McNeely's bombastic, derivative score.
I KNOW WHO KILLED ME
TriStar Pictures
A TriStar Pictures and 360 Pictures presentation
Credits:
Director: Chris Sivertson
Screenwriter: Jeffrey Hammond
Producer: Frank Mancuso Jr.
Executive producers: Tom Gores, Johnny O. Lopez
Director of photography: John R. Leonetti
Production designer: Jerry Fleming
Music: Joel McNeely
Costume designer: Rachel Sage Kunin
Editor: Lawrence Jordan
Cast:
Aubrey Fleming/Dakota Moss: Lindsay Lohan
Susan Fleming: Julia Ormond
Daniel Fleming: Neal McDonough
Jerrod: Brian Geraghty
Running time -- 105 minutes
MPAA rating: R...
- 7/30/2007
- The Hollywood Reporter - Movie News
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