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...week among the 10 top-grossing films, will struggle to earn $20 million at the domestic box office. Though it could do better internationally, the film seems likely to rank as one of this market's costliest flops ever. It caps a miserable year for its studio, Warner Bros., which, according to Variety, dropped from second to fourth in market share and, thanks to other underachievers like Mad City and Midnight in the Garden of Good and Evil, averaged the lowest gross per film of the six major studios. The trade and business press have slammed longtime co-chairmen...

Author: /time Magazine | Title: Hollywood | 1/19/1998 | See Source »

...whatever it takes. If NBC loses ER on top of Seinfeld, says an industry source, "They will be dust. They will lose the demographics and the households. It would be a disaster." NBC has a window from Feb. 1 to March 1 to negotiate a renewal deal with Warner Bros., the studio that produces the show. If the two sides fail to agree, then Warner Bros. can negotiate with the other networks. Leslie Moonves, the president of CBS, developed ER when he was a Warner executive and is particularly eager to land it. Reportedly the studio will...

Author: /time Magazine | Title: Television: Can Anybody Fill Seinfeld's Shoes? | 1/12/1998 | See Source »

...connection between Seinfeld and the ER negotiations, however, does not end there. As part of a deal, Warner Bros. is likely to demand that NBC replace Seinfeld with another one of its shows. To further complicate matters, Paramount, which produces Frasier, may insist that if that show is moved to Thursday, it must be followed by a new comedy the studio is developing around Nathan Lane, who is currently starring in the film Mouse Hunt. In formulating its post-Seinfeld strategy, NBC will have to take into account all these demands, as well as the other scheduling dilemmas caused...

Author: /time Magazine | Title: Television: Can Anybody Fill Seinfeld's Shoes? | 1/12/1998 | See Source »

...mass audience has paid scant attention to films about the Irish Troubles, but this one may find friends precisely because it renounces political nuance for emotional bullying and old Hollywood-style blarney. The movie's forebears are '30s Warner Bros. melodramas like Kid Galahad (a fighter and his trainer KO the crooks) and Angels with Dirty Faces (the Dead End Kids learn who's the real tough guy). The Boxer could even be a Going My Way without priests--it's that hokey...

Author: /time Magazine | Title: Cinema: Short Takes: The Boxer | 1/12/1998 | See Source »

...anyone expected as rivals Cyrix and Advanced Micro Devices compete furiously to supply cheaper components for the $1,000 PCs now taking the world by storm. Intel's profit margin has eroded from nearly 63% a year ago to an estimated 58% today, says analyst Caroline Gangi at Lehman Bros. Margin erosion may be Intel's biggest problem. The company expects the figure to hit about 50% before leveling...

Author: /time Magazine | Title: ANOTHER SILICON VALLEY RECESSION? | 12/29/1997 | See Source »

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