Tuesday Update: The premiere will take place on Thursday, August 5, in St. Louis, MO at the Wehrenberg Chesterfield Galaxy, Chesterfield, MO.

Monday Update: CULVER CITY, Calif. -- In anticipation of the nationwide release of Columbia Pictures' The Other Guys, starring Will Ferrell and Mark Wahlberg, in theaters this Friday, Ferrell and Wahlberg will announce the winning city of The Other Premiere promotion tonight on "Entertainment Tonight."

For nearly three weeks, moviegoers have been voting on Facebook to decide which city will host a red-carpet event celebrating the film on Thursday, August 5. It's down to the final five cities - Atlanta, Dallas, Houston, Philadelphia, and St. Louis. Tonight, the winning city will be announced on "Entertainment Tonight."

Commenting on the announcement, Adam McKay, director of the film, said, "Thank you, America, for turning out on Facebook and voting for your cities to host The Other Premiere. Tune in to 'Entertainment Tonight' and find out where we'll be on Thursday."

In The Other Guys, NYPD Detectives Christopher Danson and P.K. Highsmith (Dwayne Johnson and Samuel L. Jackson) are the baddest and most beloved cops in New York City. They don't get tattoos - other men get tattoos of them. Two desks over and one back, sit Detectives Allen Gamble (Will Ferrell) and Terry Hoitz (Mark Wahlberg). You've seen them in the background of photos of Danson and Highsmith, out of focus and eyes closed. They're not heroes - they're "the Other Guys."

But every cop has his or her day and soon Gamble and Hoitz stumble into a seemingly innocuous case no other detective wants to touch that could turn into New York City's biggest crime. It's the opportunity of their lives, but do these guys have the right stuff?

The Other Guys stars Will Ferrell, Mark Wahlberg, Eva Mendes, Michael Keaton, Steve Coogan, Ray Stevenson, with Samuel L. Jackson and Dwayne Johnson. Directed by Adam McKay and written by Adam McKay & Chris Henchy, the producers are Will Ferrell, Adam McKay, Jimmy Miller, and Patrick Crowley.

 

Read more

Source: Deadline.com

Charlize Theron will star in Young Adult from Juno collaborators Diablo Cody and Jason Reitman. Theron will play a ghost writer of young adult novels who seeks to claim her own identity. Several studios are interested in snagging the rights to the film.

While Reitman hit the jackpot with Up in the Air after Juno, Cody struck out with Jennifer's Body. This new effort will have big shoes to fill considering that Juno won Cody a Best Screenplay Oscar and raked in more than $225 million worldwide.

 

Read more

SANTA MONICA, Calif. and VANCOUVER, British Columbia -- Lionsgate (NYSE: LGF) today announced that its Board of Directors, in consultation with its financial and legal advisors, has determined, by unanimous vote of the directors present, that the unsolicited tender offer from Carl Icahn and certain of his affiliated entities (the "Icahn Group") to purchase up to all of the issued and outstanding common shares of Lionsgate for $6.50 per share is not in the best interests of Lionsgate and its shareholders and other stakeholders. The Board strongly recommends that Lionsgate shareholders not tender their shares into the Icahn Group's offer.

The reasons for Lionsgate Board's recommendation to reject the Icahn Group's offer are detailed in the Schedule 14D-9 filing and directors' circular (which will be mailed to Lionsgate shareholders). The Schedule 14D-9 filing is available on the Securities and Exchange Commission's (the "SEC") website, www.sec.gov and the directors circular is available on the Canadian Securities Administrator's website at www.sedar.com. In addition, the Schedule 14D-9 filing, the directors' circular, this press release and other materials related to the Icahn Group's unsolicited offer are available in the "Investor" section of Lionsgate's website at www.lionsgate.com. Copies will also be available at no charge by writing to Lionsgate at 2700 Colorado Avenue, Suite 200, Santa Monica, California 90404.

Morgan Stanley & Co. Incorporated is serving as financial advisor to Lionsgate and Heenan Blaikie LLP is serving as legal advisor. Perella Weinberg Partners LP is serving as financial advisor to the Special Committee of the Lionsgate Board of Directors and Wachtell, Lipton, Rosen & Katz is serving as U.S. legal advisor and Goodmans LLP is serving as Canadian legal advisor.

 

Read more

Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading entertainment, digital cinema and 3D motion picture exhibitor, today reported results for the three months ended June 30, 2010, as summarized below.

carmikedata.png

"The second quarter was marred by an industry-wide box office decline. While we take no pleasure in experiencing year over year box office declines, we are encouraged that Carmike's per screen attendance and admissions fared at or better than industry averages. We are pleased to report year over year increases in average admissions and concessions per patron. Consumer preference for 3D was strong, representing over 26% of Carmike's total Box Office for the quarter," stated Carmike Cinemas President and Chief Executive Officer David Passman.

"I'm also very pleased to announce the successful debut of Carmike's first large format auditorium, the BigD, with the July opening of Salt, starring Angelina Jolie," he said. "Patrons chose the BigD experience by a multiple of several times over the same movie in other auditoriums. The large format concept includes premium pricing, bigger screens, bigger, more luxurious seating and upgraded surround sound. We are targeting as many as two dozen BigD locations by 2011 year-end and are excited to bring this Ultimate Entertainment Experience to our theatres and loyal cinema-goers across the country."

carmikedata2.png

"For the past several quarters we have been describing our goal to improve Carmike's performance relative to the industry. Patrons are responding well to the strategy of cleaner and friendlier theatres and more creative pricing and packaging of concessions, as evidenced by attendance per screen and spending per patron relative to industry metrics," added Mr. Passman.

In the aggregate, Carmike's patrons spent an average of $10.36 per visit during the second quarter, up 6.5 percent compared to the same period in 2009. Average admissions increased 6.0 percent to $6.89, with 3-D premiums driving the year-over-year rise. For the second consecutive quarterly period, concessions and other revenue per patron also rose, increasing 7.4 percent to $3.47.

Carmike Chief Financial Officer Richard B. Hare stated, "On the expense side, film exhibition costs declined 80 basis points to 56.8 percent of admissions revenues, versus 57.6 percent in the year-ago period. General and administrative expenses rose to $4.5 million due to increases in salaries and wages, incentive compensation and legal and professional fees. Carmike's other theatre operating costs for the quarter were negatively impacted by a $1 million charge as the result of a sales and use tax assessment primarily for the 2005 and 2006 tax years. Carmike's second quarter results also include a $3.2 million impairment charge related to operating performance of 12 theatres."

Mr. Hare continued, "Quarterly interest expense rose nine percent to $9.8 million due to an increase in interest rates, as well as the recording of interest costs associated with the aforementioned sales and use tax assessment. During the second quarter of 2010, we voluntarily pre-paid another $5 million in bank debt leaving our June 30 bank debt balance at $241.4 million. We have made prepayments totaling $20 million for the first half of 2010."

Mr. Passman commented, "The third quarter has gotten off to a better start industry wide, and we remain optimistic about the second half of the year.

"We have expanded our 3-D screen footprint to nearly 550, representing over 25% of our first run screens and expect to have a total of 600 by the end of September, which should accommodate customer demand and studio release schedules, which seem to be steadily growing with upcoming titles," he concluded.

Read more

Burbank, Calif. -- The mystery and legends of an ancient time will be experienced like never before when Prince of Persia: The Sands of Time arrives on 3-Disc Blu-rayTM Combo Pack (Blu-ray + DVD + Digital Copy), 1-Disc Blu-ray and 1-Disc DVD on September 14, 2010 from Walt Disney Studios Home Entertainment and Jerry Bruckheimer Films.

Prince of Persia: The Sands of Time is the perfect film to experience the cinematic magic of Blu-ray - the pristine 1080p picture and Dolby Digital 5.1 HD surround sound quality enhance the explosive action and special effects - and contains more bonus features than the DVD.

Academy Award® nominee Jake Gyllenhaal (2005, Best Actor in a Supporting Role, Brokeback Mountain), Academy Award® winner Sir Ben Kingsley (1982, Best Actor in a Leading Role, Gandhi), Alfred Molina (Spiderman 2, The Da Vinci Code) and Gemma Arterton (Clash of the Titans, Quantum of Solace) lead the international cast in this epic action-adventure film filled with spectacular visual effects, exotic locales and breathtaking action. Produced by Jerry Bruckheimer (Pirates of the Caribbean Trilogy, National Treasure) and directed by Mike Newell (Harry Potter and the Goblet of Fire), Prince of Persia: The Sands of Time boasts a sandstorm of bonus features that bring viewers deep into the mystical lands of Persia and unlock the secrets behind the scenes of this imaginative and entertaining adventure. The combo-pack exclusive "Sands of Time" feature gives fans control of the Dagger of Time, allowing them to rewind time and uncover behind the scenes magic in over 40 spellbinding segments.

Prince of Persia: The Sands of Time is available in a 3-Disc Blu-ray Combo Pack (Blu-ray + DVD + Digital Copy), 1-Disc Blu-ray, and 1-Disc DVD and Movie Download.

Synopsis:

In the spirit of the Pirates of the Caribbean trilogy, Walt Disney Pictures and Jerry Bruckheimer Films transport you to the mystical lands of Persia for this wildly entertaining, epic action-adventure. It's a race against time when a rogue prince (Jake Gyllenhaal) reluctantly teams up with a rival princess (Gemma Arterton) to safeguard a magical dagger that gives its possessor the power to reverse time and rule the world. Filled with death-defying escapes and unexpected twists at every turn - Prince of Persia: The Sands of Time is a fun-filled adventure that will keep your pulse pounding long after the credits end.

DVD Bonus Feature:

• An Unseen World: Making Prince of Persia - A look behind the scenes on the set of the film.

1-Disc Blu-ray Bonus Feature:

All of above DVD bonus plus

• Deleted Scene - The Banquet: Garsiv Presents Heads

3-Disc Combo Pack Bonus Features:

All of the above DVD and Blu-ray bonus features plus

• CineExplore: The Sands of Time - Take control of the dagger and use it to unlock secrets behind your favorite scenes! Turn back time and uncover over 40 spellbinding segments - including "Walking Up Walls," "Filming in Morocco", and "Ostrich Jockey Tryouts" - with this exclusive interactive feature. Blu-ray puts you in control!


Prince of Persia: The Sands of Time STREET DATE: September 14, 2010

Direct prebook: July 20, 2010
Distributor prebook: August 3, 2010
Suggested retail price: 1-Disc DVD - US: $29.99 Canada: $35.99
1-Disc Blu-ray Disc - US: $39.99 Canada: $44.99
3-Disc BD Combo Pack - US: $44.99 Canada: $51.99
Feature run time: Approx. 116 minutes
Rated: US ‘PG-13'; Canada: 'PG'
Aspect ratio: 1 Disc DVD: 480i / Widescreen 2.40:1
Blu-ray Disc: 1080p High Definition Widescreen
Sound: 1 Disc DVD: Dolby Digital 5.1 English, French, Spanish,
English 2.0 DVS
Subtitles: English SDH, French, Spanish

Blu-ray Disc: English 5.1 DTS-HD Master Audio (48kHz/24-bit), English 2.0 DVS, French 5.1 DTS, French, Spanish Dolby Digital 5.1
Subtitles: English SDH, French, Spanish

 

Read more

Subscribe to Articles Feed