A group of filmmakers led by Jason Reitman has purchased the 93-year-old Village Theatre in Westwood, an architectural gem that currently boasts one of the largest screens in Los Angeles. Originally opened as the Fox Westwood Village in 1931 and operated since 2010 by the Regency Theatres group, the structure’s unusual combination of Spanish Mission and Art Deco design earned it a Los Angeles Historic-Cultural Monument designation in 1988. After it was put on the market last year, Reitman gathered more than three dozen backers, including Steven Spielberg, Judd Apatow, J.J. Abrams, Christopher Nolan, Alejandro González Iñárritu and Alexander Payne. Continue reading Filmmakers Purchase the Historic Village Theatre in Westwood

In Hollywood, screenwriters are hired based on personal relationships and past successes but filmmakers Brian Grazer and Ron Howard believe the paradigm needs to change. “Promising writers blow years of their lives trying to get agents and have their work seen by the right people,” said Howard. For two years, their startup, Impact Creative Systems (formerly Imagine Impact) offered an eight-week bootcamp to help writers get their scripts ready to pitch. Now, they’ve added the free-to-join Creative Network app to connect them with executives. Continue reading Impact Creative Rolls Out App to Connect Writers with Execs

Apple’s revenue climbed 1.8 percent to $64.04 billion, due to sales in wearables and services such as apps, mobile payments and streaming-music subscriptions. Meanwhile, iPhone sales fell 9.2 percent and profit fell 3 percent to $13.69 billion. The company’s operating expenses have also risen 9 percent as it embraced facial recognition for the new iPhone and increased R&D spending. In advance of the Apple TV+ debut on November 1, Apple held a gala event for “The Morning Show” at New York’s Lincoln Center. Continue reading Apple Experiences Mixed Q3, Launches Apple TV+ Today

According to sources, Apple is in talks with cinema chains to open its feature-length films in a traditional theatrical release, with an exclusive stay in theaters before becoming available on Apple TV+. Apple might choose, however, to first debut its films in art house cinemas in New York and Los Angeles. The company reportedly is pursuing this strategy to draw in major directors and producers, as well as avoid the tension Netflix created when it released its movies without an exclusivity window. Continue reading Apple Aims for Traditional Theatrical Exhibition of Its Movies

Apple senior vice president of Internet software and services Eddy Cue has released some details about the company’s Apple TV Plus service, scheduled to launch in the fall. Positioning itself opposite Netflix’s strategy, cue said that Apple will be “creating the best” rather than “the most” original content. He added that there is “nothing wrong” with Netflix’s model, “but it’s not our model.” Apple is a latecomer to streaming video, although Disney, NBCUniversal and Warner Bros. will also debut platforms in 2019 and 2020. Continue reading Upcoming Apple TV Plus Will Focus on Quality Not Quantity

Los Angeles-based OTOY, a company that has created software used for visual effects in projects such as “Westworld” and “The Avengers,” also launched a blockchain- and cryptocurrency-based rendering platform called RNDR to help other content creators harness the power of thousands of graphics processing units (GPUs). OTOY’s strategy is to gather a group of computer owners who can share their GPUs in the cloud in a decentralized way, and thus trade GPU power among members to accomplish data-intense imagery. Continue reading Blockchain-Based RNDR Harnesses Power of 14,000 GPUs

OTOY, a Los Angeles-based visual effects software firm, launched RNDR to allow more people to create 3D computer generated images. The company, which created software used for productions such as “Westworld” and “The Avengers,” relied on cloud, blockchain and cryptocurrency technologies to create a way that people can create 3D imagery rendered by shared hardware hosted in the cloud, and then sold and/or traded via blockchain. Doing so, says chief executive Jules Urbach, reduces the cost, time and labor of creating such assets. Continue reading OTOY Rolls Out Blockchain-Based Rendering Platform RNDR

Apple ordered two shows, one live-action and the other animated, from Sesame Workshop, the home of “Sesame Street,” and also put a puppet-centric show into development there. With this order, Apple now has 15 original content series in development and said it will begin streaming them in 2019. The crime series “Are You Sleeping” — a production of Reese Witherspoon’s Hello Sunshine company starring Octavia Spencer — will start production on Monday, the first Apple show to do so. Other Apple shows have experienced glitches. Continue reading Apple Inks Deal With Sesame Workshop for Three Programs

Apple and Oprah Winfrey just inked a production partnership for the former’s subscription video service, although neither gave specifics of the kind of programming they intend to create. As competition heats up in the media content space, traditional media companies find themselves vying with Silicon Valley firms for the talent needed to create blockbuster programming; in fact, Amazon also was in talks with Winfrey. Netflix, meanwhile, has signed Shonda Rhimes and Ryan Murphy, and Warner Bros. retained Greg Berlanti. Continue reading Apple Inks Original Program Partnership with Oprah Winfrey

Director J.J. Abrams, who most recently helmed “Star Wars: The Force Awakens,” plans to add video games to the portfolio of his production company Bad Robot. Formed in partnership with Chinese company Tencent Holdings, and a minority stake from investor Warner Bros. Interactive, Bad Robot Games will be headed by Dave Baronoff and Tim Keenan. Baronoff worked on the Bad Robot game adaptation of “Cloverfield” and Keenan, who will serve as creative director, is the creator of “Duskers” and “A Virus Named Tom.” Continue reading J.J. Abrams Teams With Tencent to Form Bad Robot Games

In an interview with CNBC, Hulu CEO Randy Freer revealed that his company’s $40 per month Internet streaming service, Hulu with Live TV, which launched a little more than one year ago, has surpassed 800,000 subscribers. Dish Network’s Sling TV reached 2.3 million customers at the end of Q1, and AT&T’s DirecTV Now has about 1.46 million subscribers. Other competitors in this space include Google’s YouTube TV, PlayStation Vue from Sony, and the sports-focused fuboTV. In total, Hulu has more than 20 million paying customers (half subscribe to the ad-free $11.99 monthly package). Continue reading Hulu Draws 800,000+ Subscribers to its New Live TV Service

Much to the surprise of viewers watching Super Bowl LII, Netflix debuted a trailer for its much-anticipated sequel to “Cloverfield” and “10 Cloverfield Lane,” titled “The Cloverfield Paradox” — and announced that the movie, produced by J.J. Abrams, would be available to stream as soon as the game ended. During the evening, filmmaker Ava DuVernay tweeted her support for the “woman of color-led, sci-fi thriller released worldwide day + date w/ big Netflix muscle for black director, his super producer + POC cast.” Continue reading Netflix Debuts ‘Cloverfield Paradox’ as a Super Bowl Surprise

Napster co-founder Sean Parker has been working on Screening Room, a controversial project that would bring Hollywood blockbusters into homes on the day of their release, for $50 per movie. J.J. Abrams, Martin Scorsese and Steven Spielberg are shareholders, but industry skeptics are worried that Screening Room will provide pirates with easy pickings. But now Parker’s Screening Room Media has submitted eight patent applications addressing piracy, including a so-called P2P polluter. Continue reading Screening Room Files Eight Anti-Piracy Patent Applications

Apple is reportedly in conversations with numerous Hollywood studios for earlier access to movies. The goal would be to offer a higher priced home video rental of movies shortly after they are released in cinemas, a move that has been vigorously resisted by motion picture theater owners, who have occasionally and en masse boycotted movies given an early home release. 21st Century Fox, Warner Bros. and Universal Pictures have all confirmed they are looking into this kind of early release. Continue reading Studios Consider Options for Early Movie Release to the Home

The first quarter of 2016 has brought some upbeat news to the movie industry, including the hits “Deadpool” and “Zootopia” which created a 12 percent uptick in box office compared to the same quarter last year. More long-term problems — stagnant attendance and the lure of Internet content — still threaten the bottom line. But what many exhibitors are really worried about is Screening Room, the brainchild of Napster co-founder Sean Parker, which offers first-run movies at home, at the same time they debut in theaters. Continue reading Many Exhibitors and Studios Remain Wary of Screening Room