Archive for the ‘movies’ Category

Olivia Munn at the 2010 Sundance Film Festival

Olivia Munn at the 2010 Sundance Film Festival,  January 25, 2010.

George Lucas reportedly creating Star Wars sequel trilogy (that’s not about the Skywalkers)

Big honking Saturday morning rumor here! According to IESB.net, George Lucas will be creating a new trilogy once the first six Star Wars movies go 3D. This echoes what Lucas did in the 1990s after the original trilogy was rereleased.

When you check the link, IESB.net may be down from a traffic surge, but here are the pertinent details:

George Lucas is plotting to create new Star Wars movies at the ultra top-secret Skywalker Ranch. This is deja vu of the mid ’90s when Uncle George start[ed] tweaking the Holy Trilogy to gear up for the Special Editions. […] These new film will have nothing to do with the live action television series currently in development. That show already has over 50 scripts ready to go and plenty of pre-production time and money has been spent on artwork and storyboards. Once that show goes into production, Lucasfilm hopes to be able to produce at least 100 episodes since that is the threshold for syndication in the United States […Fans] can expect the new trilogy after the entire saga is released in 3D which is expected to be complete around 2015 or 2016.

Also, the trilogy is reported to kick off 24 months after the 3Ding of Return of the Jedi, and the next three episodes (which could be either Episodes 7-9 or 10-12) could possibly “occur as far as 100 years or 1,000 years in the Star Wars universe future.” Furthermore, the IESB source claims that the movie will not focus on the Skywalker clan.

IESB’s broken a couple pretty big scoops (including Joss Whedon being tapped to direct The Avengers and the PG-13 rating of Revenge of the Sith), so it’s a rumor that should be taken with a slightly larger grain of salt.

UPDATE: Underwire reports that Lucasfilm has denied the possibility of a new trilogy, but that’s expected either way.

Disney to Acquire Marvel for $4 Billion!

Source:The Walt Disney Company
August 31, 2009

A huge announcement this morning – Disney is going to acquire Marvel Entertainment for $4 billion!

Building on its strategy of delivering quality branded content to people around the world, The Walt Disney Company has agreed to acquire Marvel Entertainment, Inc. in a stock and cash transaction, the companies announced today.

Under the terms of the agreement and based on the closing price of Disney on August 28, 2009, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. At closing, the amount of cash and stock will be adjusted if necessary so that the total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration.

Based on the closing price of Disney stock on Friday, August 28, the transaction value is $50 per Marvel share or approximately $4 billion.

“This transaction combines Marvel’s strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney’s creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories,” said Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company. “Ike Perlmutter and his team have done an impressive job of nurturing these properties and have created significant value. We are pleased to bring this talent and these great assets to Disney.”

“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” Iger said.

“Disney is the perfect home for Marvel’s fantastic library of characters given its proven ability to expand content creation and licensing businesses,” said Ike Perlmutter, Marvel’s Chief Executive Officer. “This is an unparalleled opportunity for Marvel to build upon its vibrant brand and character properties by accessing Disney’s tremendous global organization and infrastructure around the world.”

Under the deal, Disney will acquire ownership of Marvel including its more than 5,000 Marvel characters. Mr. Perlmutter will oversee the Marvel properties, and will work directly with Disney’s global lines of business to build and further integrate Marvel’s properties.

The Boards of Directors of Disney and Marvel have each approved the transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act, certain non-United States merger control regulations, effectiveness of a registration statement with respect to Disney shares issued in the transaction and other customary closing conditions. The agreement will require the approval of Marvel shareholders. Marvel was advised on the transaction by BofA Merrill Lynch.

UPDATE #1: In a conference call, the companies said that the deals for movies for characters at other studios (Spider-Man, X-Men, etc.) will stay in place under the terms set by Marvel and the other studios.

UPDATE #2: John Lasseter met with Marvel last week about a possible team-up between Marvel and Pixar and got “pretty excited, pretty fast.” They say there’s definitely an opportunity there.

UPDATE #3: The deal with Paramount Pictures to distribute “Iron Man 2,” “Thor,” “Captain America” and “The Avengers” stays in place as well, but Disney would like to self-distribute down the line. “When the time comes we’ll take a closer look at it.” It was actually stated that the deal still included five films, so that is one more film after “The Avengers.”

Source :

http://www.comingsoon.net/news/movienews.php?id=58547

Disney to buy Marvel for $4 billion

The Walt Disney Co. has agreed to acquire Marvel Ent. in a stock and cash transaction worth $4 billion.

Under the terms of the deal, Marvel shareholders would receive $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. Based on the closing price of Disney stock on Friday, the transaction value is $50 per Marvel share or approximately $4 billion.

Disney will acquire ownership of more than 5,000 Marvel characters, including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor.

The boards of both companies have approved the pact, which is subject to antitrust review and the approval of Marvel shareholders.

Robert A. Iger, Mouse House prexy and CEO, said in a statement: “This transaction combines Marvel’s strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney’s creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories.”

'Iron Man'Disney will acquire ownership of 5,000 Marvel characters, including Iron Man.

Source :

http://www.variety.com/article/VR1118007932.html?categoryid=13&cs=1&nid=2562

U.K. government eyes sanctions for file sharers

The U.K. government has made new proposals that would see Internet users disconnected if they are suspected of illicit file-sharing.

The proposals (PDF) were announced on Tuesday by Lord Mandelson’s Department of Business, Innovation and Skills (BIS). They arrive in the middle of the department’s own public consultation on legislation on the misuse of peer-to-peer (P2P) technology, which is scheduled to end in September.

“Our thinking on the process supporting the objectives and the obligations [of the consultation] has developed, and we thought it would be helpful to share these thoughts with stakeholders at this point, so that they can take them into account when responding to the consultation,” the government said in a statement.

The new proposals make two major additions to the initial plans. The first is a new sanction against illicit file sharers, which calls on the ISP to suspend the suspected subscriber’s account. Lord Carter discounted this measure as unnecessarily harsh in his Digital Britain report, which kicked off the P2P consultation in June. However, the government now says it is “considering the case for adding suspension of accounts into the list of measures that could be imposed.”

Full Story :

http://news.cnet.com/8301-1023_3-10317001-93.html?part=rss&subj=news&tag=2547-1_3-0-20

Source :

CNETNews U.K. government eyes sanctions for file sharers http://bit.ly/60lhp

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