Word: geffen
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...Katzenberg abruptly left Disney, where he had run the animation and live-action film units, and two years after he sued for what he saw as his rightful share of profits from the movies he shepherded there, the two sides settled. "Enough is enough!" Katzenberg was told by David Geffen, the DreamWorks partner who brokered the settlement with Disney board member Stanley Gold. "This time it's for real. It can get done, and therefore it should get done." It got done, early last week, at Geffen's Malibu beach home...
...seen as a win or a loss. Katzenberg, paraphrasing Geffen's definition of a fair settlement, told TIME, "I'm disappointed that I didn't get what I thought I should, and they must be disappointed they paid more than they thought they should." Eisner accentuated the positive: "I'm satisfied this is behind us. Jeffrey deserved something because he was very much a part of the Disney renaissance. And in the end he's probably getting less profit participation than some of today's stars and directors...
...politesse in provincial society. This is risky work for a movie star, but Bening's understated tension is admirable, and so is Jon Robin Baitz's new adaptation, touching Ibsen's glum dramaturgy with rueful Chekovian absurdity. Daniel Sullivan's brisk production, running through mid-April at Los Angeles' Geffen Playhouse, is full of lively performances bobbing eccentrically along on the play's tragic undertow, which is no longer fully persuasive...
...Geffen says DreamWorks has many suitors, but he maintains that "no merger conversations are going on." For now, he says, the only issue is that "we need to ramp up production beyond six films a year." Most major studios have hundreds of scripts in development at any time, Geffen points out, but DreamWorks is so new that it doesn't have that kind of inventory. The company also lacks a movie-and-TV library that could throw off cash. And with so few releases a year, it's tough to build distribution muscle with theaters...
...solid hit: Spin City. In music, it has yet to strike gold. George Michael's DreamWorks debut was a disappointment. Newer acts on the label, such as Eels, Rufus Wainwright and Elliott Smith, have received strong reviews and, so far, have been non-starters on the Billboard charts. Geffen says financial success in music will follow the critics' cheers. "That's how you begin an artist's career," he says...