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AMC Entertainment said Saudi Entertainment Ventures (SEVEN) will buy out its investment in movie theater venture, Saudi Cinema Company, for $30 million. AMC said the agreement calls for it to transition from a management and investment role in SCC to “a pure licensing relationship.” Current AMC Cinemas and future locations operated by SCC will retain the AMC Cinemas name and other IP through the licensing agreement. The deal dates back to 2017 when AMC entered a non-binding memorandum of understanding with the Public Investment Fund of Saudi Arabia to explore bringing theatrical exhibition to the Kingdom for the first time since the 1980s. AMC hosted the country’s first movie screening in 2018 at King Abdullah Financial District, Riyadh. It partnered with Saudi Entertainment Ventures to form SCC to develop and operate additional locations across the Kingdom. During the next four years, in collaboration with SEVEN, AMC opened another 12 locations with more in the … [Read more...] about AMC Entertainment Sells Stake In Saudi Arabia Theater Venture To Local Partner For $30 Million

Metaphysic , which captured attention in 2022 by using artificial intelligence to create avatars of Elvis Presley on America’s Got Talent , has formed a strategic partnership with CAA to develop generative AI tools and services for global talent. Formed in 2018, the pioneering company also cracked the zeitgeist with its @DeepTomCruise channel on TikTok. “Metaphysic are industry leaders in using generative AI and machine learning to create photorealistic Metaphysic was named the sole AI provider for Here , the next film from Robert Zemeckis that’s an adaptation of Richard McGuire’s graphic novel. The film, which will reunite Zemeckis with his Forrest Gump stars Tom Hanks and Robin Wright and screenwriter Eric Roth, will incorporate hyperreal AI-generated face replacements and de-aging into the storytelling, without the need for further compositing or VFX work. “I’ve always been attracted to technology that helps me to tell a story,” said Zemeckis in a … [Read more...] about Metaphysic Partners With CAA; Named Sole AI Provider For Robert Zemeckis Film ‘Here’

I May Destroy You and Chewing Gum creator Michaela Coel has partnered with the BFI and German carmaker BMW to launch a new filmmaking challenge. The BMW Filmmaking Challenge will provide five shortlisted filmmakers with access to a $12,000 (£10,000) production fund alongside a series of mentoring sessions with Coel and an executive producer from the BFI to create a 90-second short film. From the five shorts, a winning film will be selected to premiere as part of the closing night gala of the BFI London Film Festival in October 2023. All five films will be available on BFI Player. The BFI will open applications in March 2023. The chosen filmmakers will be given the budget to produce their films over the summer months. The BFI said “high-profile talent” will be drafted in to judge the challenge. The challenge has been launched to celebrate BMW’s new flagship vehicle, the BMW i7, which features a 31.3-inch widescreen rear-passenger screen. To promote the challenge, … [Read more...] about Michaela Coel & BFI Launch $12,000 Filmmaking Challenge With BMW

EXCLUSIVE : Trevor Noah ’s Day Zero Productions is developing a series based on Kiese Laymon’s coming-of-age novel Long Division . The adaptation comes as it shuffles its television executive ranks with the hire of Chloe Ifshin as VP of Scripted Television and Eugene Han as Head of Unscripted Development. The book, which was published by Simon & Schuster in 2021, explores family, hope, grief, love, and race through poetic language and satire. It weaves together the coming-of-age stories of two Citoyen “City” Coldsons from different time periods in the coastal community of Melahatchie, Mississippi. One City lives in 2013, where after an onstage meltdown during a nationally televised quiz contest, he becomes an overnight YouTube celebrity and is sent to stay with his grandmother in Melahatchie, where a young girl named Baize Shephard has recently disappeared. Before leaving, City is given a strange book called ‘Long Division,’ which tells the story of a City Coldson … [Read more...] about ‘Long Division’ Series Adaptation In The Works From Trevor Noah’s Day Zero Productions

TMZ Composite Power 106 radio host J Cruz says he was all set to get married on the Rolling Loud stage -- that is, until Offset made his grand onstage gesture to Cardi B back in 2018 ... stealing Cruz's thunder!!! Cruz says his plans were set in stone -- he'd flown in family members, including his siblings and his soon-to-be wife was decked out in her wedding dress ... but the one thing he couldn't plan for was Offset’s impromptu move. Waiting for your permission to load the Instagram Media. He shared the sad, yet funny-in-hindsight, story with GloRilla -- the “FNF” rapper's been mentored in the rap game by Cardi, so Cruz figured this was his best shot to unload his old wedding woes. Gallery Launch Gallery Getty Cruz says his relative lack of celebrity prompted Rolling Loud officials to cut his nuptials altogether ... leaving him to face the embarrassment of his family and pile on therapy sessions shortly after. … [Read more...] about Power 106 Host J Cruz Says His Wedding Ruined by Cardi B Taking Back Offset