Press Releases Archive for October, 2017

Joint. Joint Venture: MGM and Annapurna Pact Joint Deal For U. S. Distribution; Bond In Play?

METRO-GOLDWYN-MAYER AND ANNAPURNA PICTURES FORM JOINT VENTURE TO DISTRIBUTE FILMS THEATRICALLY IN THE U.S. MGM Returns to Domestic Theatrical Distribution LOS ANGELES (October, 31 2017) – Metro-Goldwyn-Mayer (MGM) and Annapurna Pictures (Annapurna) have formed a new joint venture for theatrical distribution in the U.S., it was announced today by Gary Barber, Chairman and Chief Executive Officer, Metro-Goldwyn-Mayer…

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Board Of Governors Drops Another Oscar On Alejandro G. Iñárritu

THE ACADEMY’S BOARD OF GOVERNORS AWARDS AN OSCAR TO ALEJANDRO G. IÑÁRRITU’S “CARNE Y ARENA”  VIRTUAL REALITY INSTALLATION LOS ANGELES, CA – The Board of Governors of the Academy of Motion Picture Arts and Sciences voted Wednesday (October 25) to present a Special Award – an Oscar statuette – to director Alejandro G. Iñárritu’s virtual reality installation, “CARNE y ARENA (Virtually Present,…

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Bold Films Extends $50 Million Finance Pact with Comerica Bank

[pr] Three Year Agreement Will Fund Future Film and TV Slate Los Angeles, Calif., Oct. 24, 2017 – Bold Films renews and increases its revolving line of credit with Comerica Bank, a $50 million dollar debt facility that extends for three years. The deal provides financing for the independent studio to produce four to six…

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Critics’ Choice Lifetime Achievement Award to Errol Morris

[pr] DOCUMENTARY FILMMAKER ERROL MORRIS TO RECEIVE THE LIFETIME ACHIEVEMENT AWARD AT THE CRITICS’ CHOICE DOCUMENTARY AWARDS The Broadcast Film Critics Association (BFCA) and the Broadcast Television Journalists Association (BTJA) have announced Oscar-winning documentary filmmaker Errol Morris as the recipient of the Critics’ Choice Lifetime Achievement Award. Morris will receive his award at the second annual Critics’…

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Get Out Tops Gotham Awards Noms With Four

 New York, NY (October 19, 2017) – The Independent Filmmaker Project (IFP), the nation’s premier member organization of independent storytellers, announced today the nominees for the 27th Annual IFP Gotham Awards. For 2017, ten competitive awards will be presented to independent features and series. In addition to the competitive awards, Gotham Award Tributes will be given…

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SAG-AFTRA Statement on Safety of Women in the Entertainment and Media Industry

“We commend the courage and candor of every woman who has spoken out about the disgraceful, aggressive and inappropriate behavior they experienced with prominent industry employers. We support their right to speak out and we lift up their voices so that their truths can be fully heard. Everyone has the right to work in an…

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Academy Names Nicholl Fellowships In Screenwriting

ACADEMY REVEALS WINNING NICHOLL SCREENWRITERS Scripts to be performed at live read in November LOS ANGELES, CA – Four individuals and one writing team have been selected as winners of the 2017 Academy Nicholl Fellowships in Screenwriting competition.  The fellows will each receive a $35,000 prize, the first installment of which will be distributed at…

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Press Releases

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“Ten years ago at Telluride, I said on a panel that theatrical distribution was dying. It seemed obvious to me. I was surprised how many in the audience violently objected: ‘People will always want to go to the movies!’ That’s true, but it’s also true that theatrical cinema as we once knew it has died. Theatrical cinema is now Event Cinema, just as theatrical plays and musical performances are Events. No one just goes to a movie. It’s a planned occasion. Four types of Event Cinema remain.
1. Spectacle (IMAX-style blockbusters)
2. Family (cartoon like features)
3. Horror (teen-driven), and
4. Film Club (formerly arthouse but now anything serious).

There are isolated pockets like black cinema, romcom, girl’s-night-out, seniors, teen gross-outs, but it’s primarily those four. Everything else is TV. Now I have to go back to episode five of ‘Looming Tower.'”
~ Paul Schrader

“Because of my relative candor on Twitter regarding why I quit my day job, my DMs have overflowed with similar stories from colleagues around the globe. These peeks behind the curtains of film festivals, venues, distributors and funding bodies weren’t pretty. Certain dismal patterns recurred (and resonated): Boards who don’t engage with or even understand their organization’s artistic mission and are insensitive to the diverse neighborhood in which their organization’s venue is located; incompetent founders and/or presidents who create only obstacles, never solutions; unduly empowered, Trumpian bean counters who chip away at the taste and experiences that make organizations’ cultural offerings special; expensive PR teams that don’t bring to the table a bare-minimum familiarity with the rich subcultural art form they’re half-heartedly peddling as “product”; nonprofit arts organizations for whom art now ranks as a distant-second goal behind profit.”
~ Eric Allen Hatch