Word: tristar
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Miramax has always had a genius for picking films. Sometimes it picks them out of the gutter. The Miramax tactic: find a pretty orphan, take it home, dress it up and show it off. When TriStar said no to Pulp Fiction, the Weinsteins eagerly said yes and snagged their biggest hit ever. Last year 20th Century Fox backed out of The English Patient just before the film was to begin shooting. Instead Fox pinned its Oscar hopes on another sweeping morality play, The Crucible--only to see it swept away, at the box office and in the Oscar race...
...nominees were announced. Four of the five best picture nominees were made by smaller studios. Topping the list was the wartime romance "The English Patient," which reaped 12 Academy Award nominations, including best picture, best actor and best actress. Other best picture nominees include "Fargo," "Shine," "Secrets & Lies," and TriStar's "Jerry Maguire," the only picture from a major studio slated for the award. Despite the heavy PR that heralded the film's release, "Evita," a rework of Lord Andrew Lloyd Weber's stage hit, failed to make the grade for best picture. Madonna, who starred as the flashy...
...movie studios? After serial firings and flashy flops like last summer's The Cable Guy, Sony called in a new rescue team last week. The Japanese electronics giant hired United Artists' president John Calley as president and chief operating officer of Sony Pictures Entertainment, which includes the Columbia and TriStar studios, and reassigned executive Jeff Sagansky to be Calley's co-president. For the first time, a Japanese will join the studios' management team: Masayuki Nozoe, a Sony executive with a marketing background, will become executive vice president of the entertainment division...
Paramount boss Jon Dolgen says studios will make more films together to share costs and spread risks. TriStar is teaming with Disney, for example, on Starship Troopers, an expensive sci-fi epic directed by Robocop's Paul Verhoeven that is taking the same July 4 slot occupied so successfully this year by Independence...
Whether Idei wins his hardware bet remains to be seen, of course. But Sony continues the lavish spending on software that Schulhof charted. Last week Variety reported that TriStar agreed to pay Tom Cruise $20 million up front to star in the comedy Jerry Maguire. It was the third $20 million payday that Sony has recently served up to top Hollywood talent...