5 items from 2015
Cold Spring Pictures was created in 2006 as a production facility to co-finance movies produced by Ivan Reitman and Tom Pollock’s the Montecito Picture Company. Paramount retains 50% ownership of the titles, which include “Disturbia,” “Beer Pong,” “Hotel for Dogs,” “Post Grad” and “Hitchcock.”
“Cold Spring’s titles offer an incredible variety of genres and styles — a perfect complement to the kinds of films Revolution has in our library,” said COO Scott Hemming.
Revolution signed a deal with Universal Pictures Home Entertainment to create non-feature productions based on properties in Revolution’s film library.
Revolution has been bulking up its library for the past year as part of a strategy of exploiting recognizable titles for global TV and digital distribution. The company, founded by Joe Roth in 2000, was acquired in June of 2014 by Fortress Investment Group. »
- Dave McNary
Monetary terms of the deal were not disclosed. The agreement calls for Universal 1440 Entertainment to produce and distribute sequels, prequels or other spinoffs of Revolution feature titles for non-theatrical formats worldwide.
“We have found an ideal partner in Universal 1440 Entertainment, which has had global success in creating or extending film franchises with high-quality, non-theatrical productions,” said Revolution CEO Vince Totino. “Combining Revolution’s extensive library of hit films with Universal’s skill and experience at producing and releasing original content is a win-win proposition.”
- Dave McNary
Morgan Creek has identified several potential bidders as the company behind “Robin Hood: Prince of Theives” and “The Last of the Mohicans” prepares to sell domestic rights to its film library.
Studios, mini-majors, and private equity firms have all expressed interest, although no one has formally bid and a timeline for a possible sale has yet to be established.
“It’s early in the process,” said Greg Mielcarz, executive VP of marketing and publicity at Morgan Creek. “There are no frontrunners at the moment.”
The company is offering up rights to 65 of its films and has tapped Houlihan Lokey to serve as its investment banker. There are certain films that the company will retain remake or television rights to, among them “The Exorcist,” “Ace Ventura,” “Major League” and “Clive Barker’s Nightbreed.”
Mielcarz said the company had not determined an asking price for the titles and would “let the market decide” their value. »
- Brent Lang
Revolution Studios has bought 50% of the rights to 2010’s “Black Swan” from Cross Creek Pictures for an undisclosed price.
The thriller, starring Oscar winner Natalie Portman, grossed $329 million at the worldwide box office. Worldwide distribution rights continue to be controlled by Fox Searchlight, which co-financed and owns the remaining 50% share.
“The opportunity to acquire a stake in a major film of this caliber doesn’t come along every day,” said Revolution Studios chief operating officer Scott Hemming.
Revolution bought the 64-title Morgan Creek international library in October for $36.75 million, including “Robin Hood: Prince of Thieves,” “Ace Ventura: Pet Detective” and its sequel, “The Last of the Mohicans,” “Young Guns,” the “Major League” franchise and “The Whole Nine Yards.”
Revolution Studios, founded by Joe Roth in 2000, was acquired in June by Fortress Investment Group, which manages $60 billion in assets.
- Dave McNary
If you want to watch '80s comedies "Clue," "Pee-Wee's Big Adventure," or "Annie," better hurry: They're leaving Netflix on April 1. And if you want to binge on "Friday The 13th," better do it before the end of the month as Jason and his many, many victims are also checking out on April 1.
Here's a complete list of the movies that Netflix is pulling from your streaming list. And, just so you're not left empty-handed, here's a list of what's new on Netflix in April 2015. (All titles and dates provided by Netflix and subject to change.)
Leaving April 1
"28 Hotel Rooms" (2012)
"Astonishing X-Men: Dangerous"
"Astonishing X-Men: Torn"
"Astonishing X-Men: Unstoppable"
"Baby Genius: A Trip to The San Diego Zoo"
"Baby Genius: Animal Adventures"
"Chalet Girl" (2011)
"Color Splash Collection: Collection 1"
"Friday The 13th" (1980)
"Friday The 13th: Part 2" (1981)
"Friday The 13th: Part 3" (1982)
- Sharon Knolle
5 items from 2015
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