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MGM Studios Officially For Sale

Filed under: Deals, Executive shifts, Lionsgate Films, MGM, Warner Brothers, RumorMonger, Distribution, DIY/Filmmaking, Newsstand, James Bond

MGM Studios' financial troubles will soon be coming to a sad end. Back in September, it was reported that MGM was in such poor shape that they might be forced to auction off their assets, including James Bond and The Hobbit. That day has come to pass. Variety reports that MGM Studios is officially on the auction block.

MGM has been given a month of breathing space from their interest payments, time they plan on using to begin "a process to explore various strategic alternatives including operating as a standalone entity, forming strategic partnerships and evaluating a potential sale of the company."

But all hopes of survival may rest on what they sell off from their glorious history, including a library of 4,000 titles, the logo, the United Artists company, James Bond, and half ownership in The Hobbit. Time Warner, News Corp, and Lionsgate are said to be interested in all of the above.

As their library scatters to the four winds, it'll be really interesting to see what remakes and reboots it spawns. Remember, Robocop was on the MGM remake slate, and surely some hungry studio will snap that up. The Cannon Films and ITV Global Entertainment collections are just ripe for harvesting. Perhaps you'll finally see a Lifeforce movie, or a remake of Capricorn One, or an aspiring Tarantino type will buy up all those American International Picture rights and revive motorcycle gang movies. Sure, we all want to know who will wind up with James Bond, but it'll be far more fascinating if someone tries to remake Psych-Out. *


*It's possible this is considered one of AIP's "early" films, though it's unclear where that cut off date is.

'Buffy' Scribe Will Write 'Fright Night' Remake!

Filed under: Comedy, Horror, Deals, Scripts, Remakes and Sequels

The Fright Night remake is back on. Back in January, we learned that the project had been halted when they couldn't come up with a good script. Ten months later, The Hollywood Reporter posts that Marti Noxon (executive producer and writer on Buffy the Vampire Slayer) has been hired to rewrite the horror comedy, trading one set of vamps for another.

While Joss Whedon is facing cancellation, Marti Noxon is going strong. The vampire slayer marked Noxon's big break in the biz, and since helping run the show, she's had her hand in a slew of series from Prison Break to Mad Men. This will be her first big cinematic gig, her lone movie credit to this point being the 1998 film Just a Little Harmless Sex. But what will it all mean for a redo of Fright Night, where a kid finds out that a vampire lives next door?

Noxon kicked off her Buffy writing penning the "What's My Line" duo, the terrible "Bad Eggs," and the sex that turned Angel evil. From there, most of her writing gigs were mainly toss-off eps, with occasional perks in episodes like "I Only Have Eyes For You" and "The Prom." In other words: I'm not so sure what to make of this, other than the fact that her strongest writing seems to be linked to big interpersonal moments, which do not make for the best vamp comedy. Thoughts?

Robert Zemeckis to Adapt 'The Nutcracker' Next?

Filed under: Animation, Deals, RumorMonger, Family Films

Here's the thing about Bob Zemeckis and all his newfangled motion-capture outings. When put to more mythic use in Beowulf, I was more drawn in by the adventure and less distracted by the characters. However, between The Polar Express and A Christmas Carol, I couldn't help but be re-struck time and time again but that unfortunate uncanny valley, especially when the characters look so much like the real thing (see: Gary Oldman as Cratchit) that I'd just as soon watch them give live-action performances that would then go surrounded by countless effects (you know, the way they used to make movies).

That disappointing truth, combined with last weekend's good-not-great opening for Carol, isn't getting Zemeckis down, though. According to Pajiba, he's pursuing The Nutcracker as his next holiday adaptation to be 'enhanced' by mo-cap technology. (I think it's fairly safe to assume after Carol and Express that this will likely end up in 3-D as well.) The site says that he'll be working from E.T.A. Hoffman's original novel over the Tchaikovsky ballet, "a period piece, set in 19th century Russia, which will explore how the cursed Nutcracker character came to be and the battle between the dolls and the mice."

Well, that shows how much I remember of the original tale (a war between dolls and mice?). Personally, I just want this one to go on the busy man's back burner if it means getting that Roger Rabbit sequel done sooner. At least the bunny doesn't creep me out with his lifeless eyes...

Indie Roundup: Swanberg Sex, Veterans Day Docs

Filed under: Documentary, Independent, Deals, Box Office, Distribution, Home Entertainment, Cinematical Indie

Cinematical's Indie Roundup

Indie Roundup is your guide to what's new and cool in the indie film world.

On-Demand / Online Viewing. Love him or find him irritating, he's practically a category unto himself now. Joe Swanberg continues to explore the endlessly fascinating topic of twenty-something romantic relationships in Young American Bodies, a web series now on IFC.com. Season 4 debuted on Monday at IFC.com, and future episodes of the five-part series will premiere on a weekly basis. If you're a Swanberg fan, you'll want to check it out: it expands on his vision of sex and everything that leads up to it and follows afterward: elusive, kinda real, kinda fake, pretty messy.

In honor of Veterans Day, SnagFilms presents a selection of films appropriate for the occasion, covering a national shrine in Arlington: Field of Honor, dangerous missions in Baghdad Bound: Devil Dog Diaries, remembering the Battle for Midway, and so one. Truly, there's something for everyone to discover among the documentaries showcases. Similarly, Hulu has two films of interest: Jerabek, the tragic story of U.S. Marine Ryan Jerabek, and When I Came Home, which covers the troubling issue of homelessness among veterans.

Also newly available online: the enchanting "banjo player goes to Africa" doc Bela Fleck: Throw Down Your Heart (on iTunes) and a close-up (sorry) view of artist Chuck Close (also on iTunes).

Deals. As always, our friends at indieWIRE has been tracking recent acquisitions. The latest: romance My Year Without Sex (Strand Releasing, due spring 2010); drama The Good Heart, with Brian Cox and Paul Dano, directed by the very talented Dagur Kari (Magnolia Pictures, due next year); and social satire The Joneses, with David Duchovny and Demi Moore (Roadside Attractions, due spring 2010).

After the jump: more than Precious at the box office.

'Travelling Pants' Scribe Whips Up Past-Life Romance

Filed under: Romance, Deals

Writer Ann Brashares did a pretty well for herself when she wrote about a pair of magical pants that kept friendships together. And she might do even better on her next go. Variety reports that her new series has stirred up a bidding battle, and New Regency has come out on top.

My Name is Memory -- which is slated to hit shelves next June -- will be the first part of a trilogy about multi-life romance. It all focuses on a college-age couple that has some serious history. "Turns out their souls have been reincarnated over hundreds of years, but these soulmates keep losing each other. While he remembers the details of their previous lives -- and his often exasperating attempts to connect with her romantically -- she cannot recall the events of those past lives." Initial comparisons are bringing up the likes of Twilight and The Time Traveler's Wife.

Things are super-fresh right now; a screenwriter hasn't even been picked for the adapting gig yet. Nevertheless, if that them is such a hot commodity, I'm going to make a prediction. I already wondered about The Vampire Diaries when Twilight got cooking. And it just so happens that VD scribe L.J. Smith has a story in her Night World series about a star-crossed vampire and the human he loves, and waits around for, year after year after year. If Brashares new series is such a hot commodity, it's only a matter of time before we get the vamp/human version to add even more bloodlust to Hollywood.

'Sgt. Rock' Looks to the Future with Francis Lawrence

Filed under: Action, Sci-Fi & Fantasy, Deals, Warner Brothers, Scripts, DIY/Filmmaking, Newsstand, Comic/Superhero/Geek, War

Once upon a time, Sgt. Rock was in the hands of Guy Ritchie, and many an Easy Company fan was upset. But you'll undoubtedly wish that Ritchie and Joel Silver had made it to the finish line, because Sgt. Rock will not make it to the big screen in a form you'll recognize. According to The Hollywood Reporter, he has a new director in Francis Lawrence and a whole new space-time continuum. Joel Silver is still on board as producer, and he's bringing Akiva Goldsman on board to help. They've hired newcomer Chad St. John to pen the script.

As you may or may not know, Sgt. Rock is a WWII soldier. He's always fought in WWII. The poor guy has never even gotten to leave the European theater. (It was rumored in Swamp Thing that he was transferred to the Pacific, but never confirmed.) Any attempt at a movie adaptation has always gone forward with this central idea of keeping him in his element. But budget, politics, and popularity has always been an issue, and no one believes you can make The Dirty Dozen in this day and age unless you're Quentin Tarantino. So Warner Bros has decided to bypass the drama, and put Sgt. Rock in the future. CG is cheaper than Nazis, and a nondescript soldier of the future is less problematic than an American fighting a good fight. (While no war is a good war, I do think we can all agree that fighting Nazis was a good thing.)

Nothing else is known about this storyline, so I hate to jump to a knee-jerk conclusion as to who or what Sgt. Rock will face there, or whether he will be transported to the future from WWII. But I think this is an unfortunate thing to do to a character who resides in WWII for a very specific and honorable reason. The last thing he should become is a Universal Soldier or Terminator ripoff.

Walmart, Target and Amazon Slash DVD Prices

Filed under: Deals, Fandom, Home Entertainment

If you are the type of person who likes to get their Christmas shopping done early, I've got some good news for you, because now is your chance to buy some seriously cheap DVDs. Variety is reporting that the online stores for Walmart, Target, and Amazon, have gotten into a DVD pricing war and passing those savings on to you. But don't worry, these aren't your usual discount bin selections, instead, big name titles like Star Trek, Night and The Museum 2, and Harry Potter and the Half-Blood Prince will be going for the low price of only $10 each.

It all started when Walmart announced last Thursday that they would be offering titles like Angels & Demons, Julie & Julia, and Terminator: Salvation at a lower price (but you were only guaranteed the discount price if you shopped online). The reason for the discount according to Walmart was to, "help families holiday shop during this difficult economic environment.", but most have just speculated that the retailer was suffering online and this sale is just the latest attempt to drum up flagging business.

It didn't take long before Target and Amazon jumped into the fray and now an all out 'pricing war' has begun between the three retailers. But before you get too excited, keep in mind that this isn't a shift to a new price scale for DVDs, and the discount is simply to drive new customers to shop online. Prices are expected to go back to normal by the time these titles go into wide release later this month -- so if you love a bargain, you're going to need to act fast.

Martin Lawrence & Jamie Foxx Get Into Old-School Cross-Dressing

Filed under: Comedy, Casting, Deals

Get a few chuckles with a skit, and soon it will become a film. If you're a fan of the BET Awards, you should be familiar with Sheneneh and Wanda. The two made up the super-stylishly named bank-robbing team Skank Robbers, a faux trailer parody (after the jump) that aired during the awards, played by Martin Lawrence and Jamie Foxx respectively. This skit got enough laughs that it wasn't only deemed successful, but also cinematic -- Variety reports that the pair have decided to turn the brief concept into a film, a la Machete.

Sheneneh and Wanda, two characters dreamed up during the comedians' stand-up days, will be "modern-day independent women trying to make it on their own, one bank robbery at a time." The pair have been wanting to star in a movie together for a while, so this is their big shot -- one that Foxx is writing and Screen Gems is fast-tracking. ...This is it?

Granted, I'm not some old-school Sheneneh fan, but what exactly is it about this pair that makes them worthy not only of a feature film, but also being fast-tracked? Hasn't Hollywood already gotten enough comedians cross-dressing? Don't these men have something better to do than ... this? And if now is the time to bring In Living Color to the big screen, oh, the other characters I would pick.

MacGruber, Sheneneh, Wanda ... what skit is next?

The 'Se7en' Crew Reunites to Get 'Proud'

Filed under: Thrillers, Deals, Scripts

Se7en... I'll never forget the first time I watched it, nestled with friends into the old seats at Gettysburg's Majestic Theater, all of us enamored, shocked, chilled, and buzzed on the thrill of the film IMDb ranks as #27 out of the Top 250 Films. It's one of those movies that elicits glazed eyes of fandom at its mention. But could the magic be brought to life again?

The Hollywood Reporter's Heat Vision Blog reports that Se7en alums David Fincher, Andrew Kevin Walker, and Michael De Luca are re-teaming to make a new adaptation of Max Ehrlich's The Reincarnation of Peter Proud for Columbia Pictures. Fincher is, of course, attached to direct, and Walker will pen the script. (The book was originally adapted by Ehrlich himself for the film back in 1975.) The story focuses on a college prof who becomes plagued by recurring dreams and nightmares that he realizes are memories of a past life. With the help of his girlfriend, he tries to find the source of the visions and "discovers a woman and her grown-up daughter who are keys to his past life." The original story got in some hot water for a subplot rife with incest, but methinks that will be diluted or deleted this time around as everything gets updated.

With all of this in place, the only blocks left are the cast. It might seem like an easy pick, but I'd love to see Kevin Kline bite into this. Yes, he's the go-to guy for college professors, but he's also severely talented and severely under-utilized. A role like this could rip him out of the crap. But if the choice was yours, who would you like to see crack the past? Or are you just recoiling at word of another remake?

Amy Heckerling Gets Vampy with Krysten Ritter

Filed under: Comedy, Horror, Sci-Fi & Fantasy, Casting, Deals, Scripts

I hope you don't hate vampires, because they don't seem to be going anywhere. Now Amy Heckerling, the woman behind Fast Times at Ridgemont High and Clueless, is getting in on the bloodsucking. According to Screen Daily, Parlay Films has grabbed the international rights to an upcoming romantic comedy called Vamps, that Heckerling will write and direct.

"The film will be a modern-day tale of two young female vampires living the good life in New York until love enters the picture and each has to make a choice that will jeopardize their immortality." Krysten Ritter will star as one of the lead vamps, and they're still searching for the other bloodsucker. This marks a big jump from the actress, who has moved from bubbly side gigs on shows like Gilmore Girls and Veronica Mars to some cinematic supporting roles, a lead gig in the web series Woke Up Dead, and now her first starring film job.

Perhaps I'm being overly hopeful, but it's time for Heckerling to bring us her next comedy classic, and I'm hoping this is it. There was a 13-year span between Ridgemont and Clueless, and it's been 14 years since Cher found love with Josh, so could this be the next Heckerling extravaganza we won't want to heckle? Or, just another project in an oversaturated market?
 
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