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MGM
After spawning two series that ran for a combined fifteen years – and two straight-to-video movies – the Stargate franchise, Stargate Universe, got canceled just as it was beginning to peak. The season two DVD set contains the final episodes of the series, along with a host of extras and a look at why the show ended on the note it did.
Grade: A
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Last Tango In Paris, Moonstruck and Rain Man will be released in Blu-ray on February 15, 2011. Details follow the jump.
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Daniel Craig will return to the role of James Bond for a third time.
MGM and EON Productions – whose Michael G. Wilson and Barbara Broccoli have been with franchise for many years – have announced that the twenty-third Bond film, simply referred to as ‘Bond 23,’ will be released on November 9, 2012.
Production will start toward the end of the year. The script is by Neal Purvis, Robert Wade and John Logan. Sam Mendes is directing.
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Hollywood is having the same financial ups and downs as the rest of business world.
On the down side, MGM , which is almost $4 billion in debt, said on Thursday that its lenders agreed to let it skip interest and principal payments until July 14. In a news release, the struggling studio said “The lenders took this action in support of the company’s ongoing efforts to evaluate long-term strategic alternatives to maximize value for its stakeholders.” While MGM is treading water to keep from sinking, the creditors are attempting to fend off a take over bid by Time Warner, whose offer they feel is way too low. The creditors are instead trying to figure out a way to restructure the company and keep it as a stand-alone studio.
On the upside, In the first major film financing deal to hit Hollywood since the economic downturn, Village Roadshow Pictures Group on Thursday closed on a $1 billion credit facility to finance its current and future slate of movies. Bruce Berman, chief executive of Village Roadshow Pictures had this statement to make about the lucrative deal.“This new financing enables us to expand upon the solid foundation we’ve established within the industry and grow our slate of tentpole and star-driven films.”
Village Roadshow, which was formed in 1997, has been one of the industry’s leading financiers and producers of studio released motion pictures. Sixty-one of their library of sixty-five movies have been released in partnership with Warner Brothers. This is the longest running partnership that the venerable studio has had with an independent production studio.
Outside of these ups and downs, a lot of new projects are in the works for the folks out in Hollywood land last week. Here is around up of the movies audiences can look forward to seeing.
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Stargate Atlantis premiered as the original Stargate series, SG-1, was going into its eighth season. It was immediately darker than the original – there was a key death in the premiere, and the alien race they encountered, the Wraith, didn’t require technology to suck the life from their victims. There was also the possibility that the team might not be able to return to Earth. The odds were stacked against the expedition – which was composed of members from around the world.
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It’s not often that a movie title tells you exactly what you’re going to get in the title – and sometimes that can be a bad thing [*cough*Snakes on a Plane*cough*]. In the case of Hot tub Time Machine, though, the result is a comedy that’s both subtle and vulgar – and has heart.
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