Word: warner
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...studios are reveling in a new revenue stream for which costs are low (old show, new box) and profit margins high--as much as 50%, according to Merrill Lynch analyst Jessica Reif Cohen. By 2008, Cohen projects, the business will grow to $3.9 billion annually. The biggest beneficiaries: Time Warner, which owns HBO, Warner Bros. and New Line (and this magazine); Viacom, with its Paramount and MTV divisions; and 20th Century Fox, which is mostly owned by News Corp. Big-name actors like James Gandolfini of The Sopranos and Dave Chappelle of Chappelle's Show are grabbing for a bigger...
...that certain facts in the accompanying article were incorrect. TIME implied that I left Thielen with debts of $3.5 billion. At the end of my tenure as Bertelsmann's CEO, its debt was $334 million, the lowest of all big media corporations that I know of. Companies like Time Warner, Disney and Vivendi Universal are paying this as annual interest. TIME implied that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also wrote that Bertelsmann owner Reinhard Mohn...
...facts in the accompanying article were incorrect. TIME implies that I left Thielen with debts of $3.5 billion. At the end of my tenure as Bertelsmann's CEO, its debt was €334 million, the lowest debt of all big media corporations that I know of. Companies like Time Warner, Disney or Vivendi Universal are paying this as annual interest. TIME implies that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also write that Bertelsmann owner Reinhard Mohn...
Jeunet knew that he had to be strong long before a Paris court ruled that the film could not compete in French film festivals because of American backing from Warner Brothers; the court also rescinded the approval given by France’s National Center for Cinematography for state funds to subsidize this film. Furthermore, the film is ineligible to compete for an award in next year’s Cannes Film Festival because it has now been shown in the United States, a country other than its nation of origin...
...very long holdup was due to several factors—namely a lack of money and inability to find the perfect actress to play Mathilde. Both were answered through Amélie. That film’s success gave Jeunet the recognition needed to gain the approval of Warner Brothers, who held the rights to Japrisot’s book. Amélie’s pixie-like star Audrey Tautou answered his need for a Mathilde...