Word: paramount
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...Paramount's saying no to Tom Cruise a shrewd business move? Saying no publicly is unlikely to be a shrewd business move. Competitors exploit that. But an alternative is quietly saying no and making sure to let your competitors know you are saying no so they can pile onto the policy of fiscal discipline. There are lots of other things you can give talent besides money. For years Goldman Sachs convinced people that their highest value was their connection to Goldman Sachs. And people hardly ever left the firm...
Paranormal continued its preternatural rise. Made for $11,000, bought by Paramount Pictures for just $300,000 and marketed for less than $10 million, Oren Peli's subtle scare-athon earned $22 million to become a winner in its fifth week of gradually widening release. It has now earned $62.5 million and could hit $100 million. What's next? The Inevitable. According to today's Los Angeles Times, Paramount is "actively considering producing a sequel...
...Rogues Gallery Than Shwe is burma's paramount ruler, but he is not alone at the top. Hard-line loyalists within the military include General Thura Shwe Mann, his likely successor, and U Thaung, a former ambassador to the U.S., now the Science and Technology Minister who is believed to be driving the junta's long-held ambitions to acquire nuclear technology. Also influential are a handful of Burmese business tycoons, many of whom - like the generals themselves - are the subject of U.S. and E.U. sanctions that severely restrict overseas travel and investments. Lobbying of Than Shwe by these business...
...weeks ago at midnight shows in 16 college towns, Oren Peli's haunted-house thriller expanded on Friday to full playdates at 159 venues and scared up a phenomenal $7.1 million. That's $44,475 per screen, making this the highest-ever average for a medium-size release. Paramount Pictures' clever viral media campaign helped, but credit the movie's breakout status to old-fashioned word of mouth and newfangled word of thumb. Twitter strikes again. (See 10 ways Twitter will change American business...
...according to early reports, it's headed for a box-office breakout - perhaps the highest three-day gross of any film showing in fewer than 200 venues. "Look out, cuz there's a freight train coming," an executive from a rival studio told Deadline Hollywood's Nikki Finke, "and Paramount is going to make a TON of cash on this pickup. Cuz they ain't spending anything on it, and who knows where the ceiling is!" The box-office figures will make headlines, giving the movie more free publicity and luring bigger crowds that are eager to learn what...