Word: paramount
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...Translation: they're making fewer under-$50 million movies starring men with Oscars and more over-$200 million movies starring men with capes. This summer Warners closed its specialty divisions that handle smaller-budget films, Picturehouse and Warner Independent, and absorbed New Line Cinema into the larger company. Meanwhile Paramount Pictures' prestige label, Vantage, is restructuring. "The studios are very focused on the tentpoles," says McGurk. "And there's a lot of turmoil in the indie marketplace. So there's more product available." That means fewer takers for a cop movie starring a couple of sixtysomething actors, Oscars nothwithstanding...
TIME: How did you get your start in the porn industry? Ron Jeremy: Like many Jewish boys, I was working up in the Catskills, as a waiter and the maitre d' at the Paramount Hotel. I was doing theater, and it was a very difficult situation, especially in New York, where you couldn't be an extra unless you were part of the Screen Actors Guild. I was making no money. We agreed - my girlfriend Alice and I - to take some pictures in the deluxe wing of the Paramount. We knew women could do Playboy and that might lead...
...Omission: Star Trek. Director J.J. Abrams and writers Roberto Orci and Alex Kurtzman all made the journey to San Diego for their new FOX show Fringe, and Abrams said he has footage of Star Trek ready to show, so how come the only thing fans got was a poster? Paramount, the studio releasing Star Trek next May, was a no-show in the panels. A studio staffer told me months ago he thought Comic-Con had "jumped the shark." How 'bout a little Vulcan logic, Paramount? It's hard to imagine a crowd better suited for starting the buzz wave...
...Nowhere is this itch to Hollywoodize reality clearer than in American Teen, director Nanette Burstein's account of one year, 2005--06, in the lives of four high school seniors in Warsaw, Ind. It's the rare documentary that could score at the box office, and not just because Paramount Vantage, its distributor, is pushing it hard. You're likely to have an absorbing, unsettling time at American Teen, for it seduces even as it sparks suspicions about the motives of Burstein and her young stars...
...last summer after Smith decided that TCI would make an ideal match for his company. ''We kept it to a small number of people,'' Smith says, ''although we kept Salomon Brothers as a backup. We did all the negotiations ourselves. No outsiders.'' Maintaining the secret became easier once the Paramount bidding war broke out in September and grabbed the attention of Wall Street and the media. Like Malone, Smith views the Paramount fight as a side issue. He envisions the new Bell Atlantic more as a toll taker on the electronic highway than as a provider of entertainment and information...