<![CDATA[Gawker: defamer, weinstein co]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: defamer, weinstein co]]> http://gawker.com/tag/defamer/weinsteinco http://gawker.com/tag/defamer/weinsteinco <![CDATA[Harvey Weinstein's Desperate Hunt For More Cash]]> It turns out Harvey Weinstein, the mogul behind Inglorious Basterds, is on something of a kill-crazy mission of his own. His Weinstein Co. is firing staff, not paying back some debt and tossing aside loan covenants, says the WSJ.

The bottom line, the Wall Street Journal adds, is that Weinstein needs a string of hits like Basterds — or $50 million in new money. The latter could be tough given another thing the Journal is reporting: that Weinstein failed to pay back a $75 million bridge loan earlier this year and is just piling up interest on the money. Basterds has racked up an impressive $111 million at the box office but, as noted here previously, it isn't saving Weinstein's ass because all the proceeds have to be split with co-producer Universal Pictures.

Weinstein's hopes for rescue when the big budget, Oscar-bait musical Nine opens this year appear to be diminishing with the rumor mill churning with word of a troubled post-production.

Weinstein's best hope for salvation is to dig deep down, past where his soul would be, and grab hold of that internal, obnoxious genius that empowers him to turn decent movies into great films. It would appear that digging process has already begun.

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<![CDATA[Inglourious Basterds Won't Save Weinsteins]]> Inglourious Basterds opened well! And since the flailing Weinstein Co. had mucho loot riding on this, they are saved! Right? No. Not really.

The movie cost $65 million, with another $35 mil for marketing. The Weinsteins were god damned determined to market the hell out of this! And that's great and all. But the WSJ explains the problem:

The company co-owns the $65 million film with Universal Pictures, so it will only reap half the profits — a symptom of the studio's financial troubles and the reason that even a hit like "Inglourious Basterds" may not be enough to save them.

Oh Harvey. Next time keep all of the Tarantino flick and sell off half of Miss Potter.

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<![CDATA[Could The Word 'Porno' Destroy Weinstein's One Hollywood Hope?]]> The Weinstein Co. has a few issues at the moment. Including—but not limited to!—the hasty departure of top executives; an ongoing struggle with Bravo over Project Runway, the company's strongest TV property; and a consistently weak outlook for Harvey Weinstein's myriad businesses. The one thing Weinstein's investors really have to look forward to is the possible success of the company's upcoming Kevin Smith/ Seth Rogen flick, Zack And Miri Make A Porno. But has the Weinstein Co. managed to screw up the film's prospects before it's even released?

Last month the MPAA banned the movie's poster for being too raunchy. That was a huge red flag. The company responded by thumbing its nose with a cute little riff on the controversy, and continued on its merry way, marketing-wise.

But ads for the film were still getting banned across the country. Now it seems to be sinking in that the very title of the movie could prevent it from being properly marketed and advertised, dooming it to box office failure:

The public outcry has left the film's director and distributor flabbergasted. "I can't believe this is happening in the 21st century," says Mr. Smith. "When was the last time you saw a porno with the word porno in the title?"

"Anyone who takes the title seriously is missing the comedic aspect of the movie," says Harvey Weinstein, co-chairman of Weinstein Co.

"This is the one time I don't want controversy. This is a big, broad, fun Seth Rogen comedy," he says. "Hopefully people will see the movie for what it really is."

Do we detect a touch of nervousness in Harvey's quotes? As dumb as American puritanism is, you'd think that a company in Weinstein Co.'s position would go out of its way to make sure that a promising film actually succeeds financially. If Zack And Miri tanks because of a careless title... well, let's just hope it doesn't. For Harvey's sake!

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<![CDATA[World War Weinstein Ensues as Harvey Finds Film Scuttled by Chinese Government]]> When it rains, it pours for our beloved Harvey Weinstein, assailed on all sides by Star Wars geeks, wayward film critics and now the Chinese government, whose leery rebuke of Western cinema following the art-smut epic Lust, Caution resulted in yanked permits for his forthcoming John Cusack/Gong Li romance, Shanghai. The sudden change of heart after three months of pre-production provoked Harvey to exotically blow off some steam call an emergency scouting summit in the Far East:

Weinstein, who claims he has good relations with the Chinese government, has gone to Hong Kong, Vietnam, Malaysia and Thailand, which is where he decided to do the bulk of the filming, after 35 days of shooting interiors in Britain.
Producer Mike Medavoy, who spent the first seven years of his life in Shanghai, said, "We have the greatest respect for China, and Shanghai will look to capture and celebrate this great country."

Weinstein and company can't afford bad relations with China, having raised $285 million dedicated to making movies in Asia starring local actors.

Our thoughts exactly, although the Jet Li/Jackie Chan kung-fu fantasy The Forbidden Kingdom isn't the kind of sexy, vaguely political American imposition the Chinese have in mind when evicting Harvey and Co. In any case, we suspect Harvey was shocked to arrive ready for diplomacy only to find Chinese culture minister Sun Jiazheng decked out in a STOP DARTH WEINSTEIN T-shirt given to him by an earlier, unidentified American visitor, who apparently punked him into believing it said WELCOME WEINSTEIN COMPANY. Those Fanboys loyalists — always thinking two steps ahead.

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<![CDATA[Darth Weinstein Relents, Geeks Stay Hungry as 'Fanboys' Saved From Hacky Death]]> After last weekend's flash of rebellion threatening to engulf parents' basements across America with smoldering dork rage, the Weinstein Company announced late Monday that it would in fact release the Star Wars-devotee dramedy Fanboys on DVD in both a cancer-subplot-free edit and the original, disease-of-the-geek version preferred by the angry fans at StopDarthWeinstein.com. But that's not enough for the fanboy offensive, who lashed out in protest yet again this morning:

This is clearly a vain attempt by the Weinstein Company to avert Star Wars fans' impending boycott of all of their films. Well, guess what? It's not going to work, Darth Weinstein!
There was never any doubt that you would release both versions of the movie on DVD — probably months apart, so as to leech as much money from Star Wars fans as possible! ...

There is only ONE VERSION OF FANBOYS - THE ONE THAT WAS MADE BY STAR WARS FANS! ... If you release your mutilated anti-fan version of FANBOYS in ANY FORM, you can look forward to a lifetime boycott of your studio by every Star Wars fan on the planet.

As such, the Fanboys supporters are sticking to their picket plans for this weekend, with sizable protests scheduled in both New York and Los Angeles. Knowing what we know about Harvey, though, we expect this to be all the compromise these guys are going to get. Moreover, where the hell are all the Wong Kar-wai fans to protest Harvey's cut of the long-delayed Norah Jones / Jude Law / Natalie Portman road flick My Blueberry Nights, finally opening April 4 with an ugly, sludgy sheen added in edit bays sequestered deep inside the Weinstein Death Star. Even Roosevelt and Stalin had the common sense to ally against the Axis 65 years ago; with art-house romantics and and sci-fi geeks on the same page, we're confident Harvey Scissorhands wouldn't have a prayer.

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<![CDATA[Trade Round-Up: Viacom's Healthy Q4 Only Deepens Sumner's Love For Brad]]> grey-redstone-thumb.jpg· With a successful Dreamgirls and World Trade Center DVD release in the year's fourth quarter, Viacom has Paramount and DreamWorks to thank for coming out $86 million in the black. To celebrate, Sumner Redstone ordered Brad Grey to follow the trail of rose petals leading down the hall and into his candle-lit office, where, inside, the scantily clad Viacom overlord lay splayed over his desk for the taking. [Variety]
· The Weinstein Co. renewed its first-look deal with Sydney Pollack and Anthony Minghella's Mirage for three years. That includes the remake rights to foreign language Oscar-winner The Lives of Others, which they plan an making more accessible to domestic audiences by transferring the story from Cold War East Germany to the gripping milieu of an African American university, where students are preparing for a fierce national step show competition. [Variety]
· This season of American Idol continues to pop the competition into its mouth like a fearsome giant terrorizing the countryside, only to later poop out the Friday Night Lights-flecked remains all over the village windmill. [Variety]
· A new study by the Los Angeles County Economic Development Corp. shows that show business is the single largest contributor to the local economy, followed by hooking, and frozen yogurt franchises. [THR]
· It's pilot season! Draft those test options faster, you business and legal peons! Already cast: Donald Sutherland and Jill Clayburgh in ABC drama Dirty Sexy Money, Shawnee Smith in ABC's comedy Traveling in Packs, and Horatio Sanz in something that will likely not get a pick-up.

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