EXCLUSIVE : USC Originals has scored its first theatrical release, in association with Warner Bros., following Lightyear Entertainment ’s acquisition of its film, Voodoo Macbeth . The company behind the Oscar-nominated Australian feature Tanna has slated the pic for release across the U.S. and Canada in October. Based on a true story, Voodoo Macbeth follows a young Orson Welles (Jewell Wilson Bridges) and a group of committed artists as they set out to create what is now considered a landmark event in African-American theater history—the Negro Theatre Unit’s revolutionary 1936 production of Macbeth . With FDR’s New Deal providing funding for the Federal Theatre Project, director Rose McClendon (Inger Tudor) convinces co-director John Houseman (Daniel Kuhlman) to help her bring Shakespeare’s Macbeth to the Harlem community at the Lafayette Theater — with an all-Black cast. Well before Citizen Kane and War of the Worlds , they choose for their … [Read more...] about ‘Voodoo Macbeth’ Becomes First USC Originals Pic To Secure Theatrical Release As Lightyear Entertainment Picks Up Rights
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AMC Entertainment Gets $600M Injection From Tech Investor Silver Lake, Sets Plan To Buy Back Some Wanda Shares
AMC Entertainment announced it has closed a $600 million strategic investment from Silver Lake , a tech-oriented investment firm, and will use part of the proceeds to buy back Class B common shares owned by the Dalian Wanda Group. The deal will give Silver Lake, which has stakes in companies including Alibaba, Tesla and Endeavor, a seat on the board of the top exhibitor. AMC will also add a new independent director “with significant technology experience and knowledge, with support from Silver Lake,” the announcement said. The transaction signals a retreat from the U.S. movie theater business for the Chinese conglomerate Wanda, which took control of AMC in 2012 in a $2.6 billion deal. In June at CineEurope, AMC boss Adam Aron sought to quell rumors of a Wanda pullback, insisting that they had “not sold a single share in eight years,” though he conceded, “things are status quo until they are not.” Under the deal, senior unsecured convertible notes were issued … [Read more...] about AMC Entertainment Gets $600M Injection From Tech Investor Silver Lake, Sets Plan To Buy Back Some Wanda Shares
IDW Sets Five Series In Development Based On Graphic Novels & Comics
EXCLUSIVE: IDW Entertainment has 5 series in development with Ánima Studios, Cartoon Network Studios, HBO Max, Universal Content Productions (UCP), Universal International Studios, and Warner Bros. Television. The projects are based on IDW Publishing and Top Shelf Productions (an imprint of IDW) graphic novels and comics. The TV projects are as follows: Dark Spaces: Wildfire (UCP), is a thriller series written by Scott Snyder ( Batman, American Vampire ) with art by Hayden Sherman ( The Few , Wasted Space ). It follows a group of female inmate firefighters deep into the smoldering California hills, where their desperate heist of a burning mansion will lead them to the score of a lifetime…or a deadly trap. The Delicacy (WBTV) is a graphic novel from James Albon ( A Shining Beacon ), about rare and delicious fungi that spell trouble for an ambitious restaurateur. Tulip and his brother Rowan have left the simple comforts of their remote Scottish island … [Read more...] about IDW Sets Five Series In Development Based On Graphic Novels & Comics
WWE Finds More “Unrecorded Expenses” By Vince McMahon For A Total Near $20M
World Wrestling Entertainment said Tuesday an independent board probe of former CEO Vince McMahon showed additional unrecorded payments of $5 million, bringing the total to $19.6 million. McMahon resigned from all positions at WWE on July 22 after news broke and the company acknowledged they were investigating him for misconduct and subsequent payouts to women. He remains a stockholder with a controlling interest in the company. Last month — WWE noted in an SEC filing today — it determined that certain payments McMahon made from 2006 through 2022 (including amounts paid and payable in the future totaling $14.6 million) “were not appropriately recorded as expenses in the company’s consolidated financial statements. Since then, it also found two additional payments totaling $5 million, unrelated to the allegations that led to the Special Committee investigation, that McMahon made in 2007 and 2009, and that should have been recorded in the Company’s consolidated financial … [Read more...] about WWE Finds More “Unrecorded Expenses” By Vince McMahon For A Total Near $20M
Todd Robinson Preps Sports Drama ‘4th & Goal’ About Corporate Exec-Turned-College Football Coach Joe Moglia For Strong Studios
EXCLUSIVE : Strong Studios will develop and produce a feature based on the biographical novel 4th & Goal : One Man’s Quest to Recapture His Dream , examining the life of corporate executive, author and football coach Joe Moglia . The 2012 book penned by New York Times bestselling author and Forbes contributing editor Monte Burke follows Moglia from his roots growing up in a rough-and-tumble neighborhood in New York City to his rise through the high school and college football ranks to become the defensive coordinator at Dartmouth, and his dream of becoming a head coach of a college football team. Often, life has a way of interfering with dreams, and with a family on the way, Joe was at one time forced to abandon his, entering corporate America to make ends meet. With no MBA but through a fundamental belief that he could succeed with grit and determination, he landed a job at Merrill Lynch and 25 years later stood at the zenith of the financial world as CEO of … [Read more...] about Todd Robinson Preps Sports Drama ‘4th & Goal’ About Corporate Exec-Turned-College Football Coach Joe Moglia For Strong Studios
Anonymous Content Hires Former Bron Studios TV Prez David Davoli As President Of International
EXCLUSIVE : Anonymous Content has hired former Bron executive David Davoli as President of International, based in New York. Davoli will oversee Anonymous Content’s international division including its various global joint ventures — Anonymous /Federation, AC Nordic, AC Brazil and Chapter One in the UK. He will be tasked with continuing to build out the international expansion. He starts in the new role in early September and will be a member of the senior leadership team, reporting to Anonymous Content CEO, Dawn Olmstead. Most recently, Davoli was President of Television at Bron Studios where he oversaw development, production, co-productions, financing and sales, and was the key dealmaker across all TV efforts. Among the projects he worked on were Irish family crime drama, Kin , on AMC+ and RTÉ, starring Charlie Cox and Aidan Gillen; Ten Percent , the English-language remake to the hit French series, Call My Agent! , which aired on Amazon Prime in the UK, and … [Read more...] about Anonymous Content Hires Former Bron Studios TV Prez David Davoli As President Of International
Peter Chernin’s The North Road Company Hires JPMorgan Chase’s Darian Singer As CFO
Peter Chernin has found his new CFO. Chernin’s The North Road Company , which was formed after he paid around $200M for the U.S. assets of Red Arrow Studios, has hired former JPMorgan Chase Darian Singer in the role. He will lead the integration of North Road assets and oversee the development of North Road infrastructure as it looks to grow further. He reports to Chernin, who is Chairman and CEO of North Road. Singer was most recently Managing Director within JPMorgan Chase’s Entertainment Industries Group, which he joined in 2011. He was previously with Union Bank and Dresdner Kleinwort. The North Road Company consists of those Red Arrow assets, which includes Love Is Blind producer Kinetic Content and The Circus producer Left/Right, as well as Chernin Entertainment and Connor Schell’s non-scripted business Words + Pictures. Chernin told Deadline recently that he believes there is a “big opportunity to build a meaningful company”. “Darian brings the right … [Read more...] about Peter Chernin’s The North Road Company Hires JPMorgan Chase’s Darian Singer As CFO
Candle Media-Backed Exile Content Studio Promotes Nando Vila To Head Of Studio
EXCLUSIVE : Candle Media -backed Spanish-language powerhouse Exile Content Studio has promoted Nando Vila to succeed Daniel Eilemberg as Head of Studio. Vila moves up from his Head of Audio and Unscripted Television post and will oversee the Latin-focused outfit’s film and TV content strategy. He is a former Vice President of Programming at Fusion TV where he exec produced, created and hosted the likes of political sketch comedy show Happy Ending, while he also exec produced Emmy-nominated documentary The Naked Truth: Trumpland. Vila succeeds Eilemberg, who became CEO of the Lil’ Heroes NFT franchise last month when Exile took a majority stake in that franchise. Founded in 2019 by former Univision and Televisa Chief Content Officer Isaac Lee, Exile creates films, TV series and non-scripted TV for the world’s 550M Spanish speakers, with recent projects including Todo Va A Estar Bien , co-produced with Diego Luna for Netflix, and docu-series Un Sueño Real , … [Read more...] about Candle Media-Backed Exile Content Studio Promotes Nando Vila To Head Of Studio
Black Bear Hires Longtime ICM Partner Joanne Roberts Wiles To Management Division
EXCLUSIVE : The Imitation Game outfit Black Bear Pictures is bolstering the senior ranks of its fledgling management division with the hire of respected former ICM Partners and William Morris agent Joanne Roberts Wiles . While a partner at ICM, Wiles represented filmmakers including Cooper Raiff ( Cha Cha Real Smooth ), the Duplass Brothers ( Cyrus ), Karyn Kusama ( Yellowjackets ), Duke Johnson ( Anomalisa ), Charlie McDowell and Justin Lader ( Windfall ), Gregg Araki ( Now Apocalypse ), Jamie Dack ( Palm Trees and Power Lines ), Greg Kwedar and Clint Bentley ( Jockey ), So Yong Kim ( Lovesong ), David Siegel and Scott McGehee ( Montana Story ), and David LaChapelle ( Rize ). She also represented talent in front of the camera including Oscar nominee Kodi Smit-McPhee ( The Power of The Dog ), Hannah Gross ( Mindhunter ), Garance Marillier ( Titane ), Théodore Pellerin ( Never Rarely Sometimes Always ), Dree Hemingway ( Starlet ), … [Read more...] about Black Bear Hires Longtime ICM Partner Joanne Roberts Wiles To Management Division