Weinstein Co, Goldman agree debt restructuring-WSJ

(Reuters) – Movie studio The Weinstein Co has agreed to a major debt restructuring that gives Goldman Sachs Group Inc (GS.N) and Assured Guaranty Ltd (AGO.N) possession of as many as 250 films in its library, the Wall Street Journal said.

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The restructuring, finalised by the companies on Wednesday, is designed to allow Weinstein Co to continue as a going concern and resolve the financial struggles that beset the studio shortly after it opened in 2005, the paper said.

As part of the restructuring deal, Goldman has agreed to subtract $115 million from Weinstein Co’s total outstanding debt of $450 million, the newspaper said.

Any interest payments owed by Weinstein Co on the debt were eliminated in the agreement, the Journal reported.

Goldman and Assured Guaranty, which insured some of the company’s debt, will also own a small portion of Weinstein Co’s future projects, the report said.

If Weinstein Co can pay off the $335 million through film library revenue, it will emerge debt free and be able to reclaim ownership of those 250 movies, the newspaper said.

Weinstein Co and Goldman could not be immediately reached for comment by Reuters outside normal U.S. business hours.

Harvey and Bob Weinstein founded the company after they sold Miramax Films, the powerhouse studio behind such 1990s movies as “Pulp Fiction” and “Shakespeare in Love,” to Walt Disney Co (DIS.N).

Over the years, Goldman has helped raised hundreds of millions of dollars to finance Weinstein Co’s projects. (Reporting by Anne Pallivathuckal in Bangalore; editing by Simon Jessop)

U.S. Time mag unveils ‘Top 10 Cannes Film Festival Movies’ of all time

New Delhi, May 16 (ANI): U.S. Time magazine has ranked a list of “Top 10 Cannes Film Festival Movies” of all time.

Among them is 1976 movie ‘Taxi Driver’ and Quentin Tarantino’s ‘Pulp Fiction’ (1994), reports Xinhua.

‘The Third Man’ (1949), ‘The Wages of Fear’ (1953) and ‘La Dolce Vita’ (1960) also made it to list.

The “Top 10 Cannes Film Festival Movies” of all time are, according to the mag:

1. The Third Man, 1949

2. The Wages of Fear, 1953

3. La Dolce Vita, 1960

4. Taxi Driver, 1976

5. Tree of Wooden Clogs, 1978

6. Sex, Lies, and Videotape, 1989

7. Farewell My Concubine, 1993

8. Pulp Fiction, 1994

9. The Taste of Cherry, 1997

10. 4 Months, 3 Weeks and 2 Days, 2007 (ANI)

Zombie Beetles to soon light cinema screens

London, May 11 (ANI): The Beatles will soon be making it to the silver screen as zombies – the movie adaptation of the book “Paul Is Undead” will see the Fab Four being cast as flesh-eaters.

According to leading film blog Deadline, film Company Double Feature – whose bosses have produced hits like Pulp Fiction and Erin Brockovich – has bagged the rights to the book by author Alan Goldsher.

The book portrays John Lennon as a zombie who kills his bandmate Paul McCartney and the rest of the group come back as the undead.

They kill and eat the brains of fans even as they try to evade their nemesis, zombie killer Mick Jagger.

“I am a huge Beatles fan like the rest of the world and Alan”s mash-up, which really showcases his love of music history and his appreciation of the zombie world, is a fun, funny read,” the Mirror quoted Stacey Sher of Double Feature, as saying.

She added: “How can you not love a book where Jesus agrees with zombie John Lennon, that the Beatles are in fact bigger than him?” (ANI)

Quentin Tarantino to head this year’s Venice film jury

London, May 7 (ANI): American filmmaker Quentin Tarantino has been announced the head of the jury at this year’s Venice Film Festival.

Tarantino will be heading the jury that awards the festival”s main prize, The Golden Lion.

Tarantino replaces Taiwanese-born director Ang Lee, who was the head of the jury last year when the Golden Lion award went to Israeli film Lebanon.

This year’s festival will be held on The Lido from 1-11 September, reports BBC.

The 47-year-old director won a Palme d”Or at the Cannes Film Festival in 1994 for Pulp Fiction. (ANI)

Samuel L. Jackson becomes ”titanium man” – literally!

London, May 5 (ANI): Samuel L. Jackson has turned into titanium man after he was fitted with a bolt of the metal in his spine after a series of severe back problems.

The ‘Pulp Fiction’ star crushed a nerve and had to have the device fitted to allow him to walk, bend over and play golf.

And the actor is still amazed by the fact the surgery he had last year (09) has ended years of spinal problems.

“I have what”s known as a Coflex device, which is a titanium piece… that”s clamped to the upper phalange and the lower phalange,” the Daily Express quoted him as saying.

“The big deal for me about the surgery was… I woke up and I immediately knew I was better, but all of a sudden an hour after I woke up, there was a nurse in the room, saying, ”We”re gonna walk down the hall…” and she made me get up and walk and I walked from an hour after my surgery until now,” he added.

Jackson revealed that earlier he had back surgery to remove a cyst on his sciatic nerve.

“When I was doing S.W.A.T. I woke up one morning… I couldn”t move. I rolled out of bed, crawled to the bathroom, I took, like, eight Advil (painkillers) and eventually I ended up getting an epidural so I could finish the movie,” he said.

“Two days after the movie was over they discovered I had a cyst on my sciatic nerve,” he added.

While the movie star has now gotten rid of the pain, he still goes for regular acupuncture sessions to make sure he never has to experience the pain of spinal problems again.

“It”s one of my favourite things. Twice a week I go,” he said. (ANI)

Tobacco product placements still prominent in teen films

Washington, April 29(ANI): Tobacco imagery continues to feature in films rated suitable for kids and young teens, even though significant decline has been witnessed in cinematic presentation of smoking over the past 20 years, according to a new research.

The authors of the study, published in Thorax, insist that active product placement may still be taking place, particularly in UK films.

They analysed the occurrence of depictions of tobacco use, including brand appearances and smoking paraphernalia, for periods of at least five minutes (tobacco intervals) in the 15 most commercially successful films screened in the UK between 1989 and 2008.

Commercial success was defined as accounting for around 50 percent or more of each year”s gross box office takings, while smoking paraphernalia included ashtrays, lighters, etc.

Between 1989 and 2008, the average occurrence of five minute tobacco intervals plummeted from 3.5 per hour to 0.6 for all films, a fall of 80 percent.

But imagery persisted in all age categories of films given a certificate by the British Board of Film Classification. This included those deemed suitable for children and young teens.

Two thirds of films classified for under 18s and over half (61 percent) classified for under 15s featured tobacco intervals. Between 2004 and 2008, of the films containing tobacco intervals, 92 percent were rated as suitable for those under 18.

Among the 15 most popular films, tobacco intervals occurred in seven out of 10 films, over half of which (56 percent) were classified as suitable for those under 15 and 92 percent for those under 18.

The film with the highest number of brand appearances was Pulp Fiction, which was classified for adults (18).

But brand appearances were nearly twice as likely to occur in films with UK involvement. UK producers were involved in one out of five films and were solely responsible for 3 percent between 1989 and 2008.

The authors wrote: “The specific repeated occurrence of some brands of cigarette in some films raises the possibility that product placement by tobacco companies is still occurring. It is apparent that children and young people watching films in the UK are still exposed to frequent and at times specifically branded tobacco imagery, particularly in films originating from the UK.” (ANI)

Samuel L. Jackson slams online critics

London, July 10 (ANI): Samuel L Jackson has challenged his online critics to talk to him personally.

In fact, the actor has given them his phone number too.

“All these people can sit at home and can say bad things about me online.

I don’t know who they are but they know who I am. It’s totally unfair,” the Sun quoted him as saying.

The ‘Pulp Fiction’ star is annoyed with the criticism he has been receiving on the net.

He said: “So I tell them, ‘I know my face, you know my face. I want to see you. Meet me at this place here and let’s have that discussion. And if you don’t believe it’s me call this number.’

Jackson mentioned that he wants to keep the critics busy, he added: “I enjoy engaging critics in that way.” (ANI)

Samuel L. Jackson’s a huge Abba fan

London, June 24 (ANI): Actor Samuel L. Jackson wanted to star in hit musical movie MAMMA MIA! – because he’s a huge Abba fan.

The Pulp Fiction actor revealed that he wasn’t aware the film was in production until it was completed, even though his filmmaker friend Phyllida Lloyd directed it.

Jackson says he would have begged to land role in Abba-themed musical if he had known about it.

“I missed that because a friend of mine actually directed Mamma Mia! And I didn’t know it until I saw her last year at the British Film Awards and they won all of these awards,” the Daily Express quoted him as saying.

“I would have called to be in Mamma Mia! I’m a huge Abba fan,” he added. (ANI)

Tarantino’s Inglourious Basterds up for top Cannes prize

London, Apr 24 (ANI): World War II saga ‘Inglourious Basterds’ by Quentin Tarantino is one of several major titles which will compete for Cannes
Film Festival’s top gong.

Others who have made the cut include Ken Loach’s Looking for Eric, starring French footballer Eric Cantona, and the latest films from Ang Lee, Pedro Almodovar and Jane Campion.

At this year’s event, which runs from 13 to 24 May, twenty films will compete for the coveted Palme d’Or, reports The BBC.

Tarantino won the Palme d’Or in 1994 with his second film Pulp Fiction.

Inglourious Basterds, in which Brad Pitt appears, tells of a group of Jewish-American soldiers sent to Germany to kill Nazis. (ANI)

Brad Pitt to head off to Cannes with “Inglourious Basterds”

Washington, Apr 3 (ANI): American actor Brad Pitt will be heading off to Cannes with his much-anticipated movie ‘Inglourious Basterds’.

Pitt, 45, will be attending the festival with writer/director Quentin Tarantino, who has entered the movie into the prestigious Palm D’Or competition, reports Fox News.

Tarantino’s World War II action film has been described as “Pulp Fiction” meets “The Dirty Dozen”, with Pitt leading a team of Jewish-American commandos into battle with the Nazis.

The director had won the Palm D’Or, the festival’s prize for best picture, in 1994 for “Pulp Fiction”.

The Cannes Film Festival runs from May 13 to May 24. (ANI)

My life is like a reality TV show, says Uma Thurman

London, Mar 28 (ANI): Hollywood actress Uma Thurman feels that her life is like a reality TV show.

The 38-year-old star admits that she cannot recall a time when she wasn’t a celebrity.

“I don’t feel famous. Do you know what I mean? Sometimes I am, sometimes I’m not, but it’s hard to feel it. Does that make any sense?” the Mirror quoted her as saying.

“I’d like to classify my life as a romantic comedy. Unfortunately I feel it’s probably more like a TV reality show,” she added.

Unlike other celebrities the Pulp Fiction star does not worry unduly about what the future holds for her.

“I used to be more paranoid and stressed, constantly worrying about my Plan B. But the truth is I don’t have one. Worrying about that is going to kill my Plan A, which is living the life I have right now and doing what I love to do while I’m blessed to be able to do it,” she added. (ANI)