Contact Us

September 2001
©Blackflix.com™
Cover Page
Table Of Contents
 


TOP 5 U.S.
DISTRIBUTORS

   As of the end ofMay the current top five domestic distributors of 2001 are as follows:

1) UNIVERSAL (INCL. FOCUS)
 $762,602,521
 13.20%

2) PARAMOUNT (INCL. CLASSICS)
 $675,376,842
 11.69%


3) 20TH CENTURY FOX
 (EXCL. SEARCHLIGHT)
 $640,884,535
 11.09%

4) WARNER BROS.
 $614,728,043
 10.64%

5) BUENA VISTA
 $586,543,653
 10.15%


TOP 10 US OPENERS OF 2001

1.) PLANET OF THE APES (20TH CENTURY FOX)
Screens: 3500 Weekend: $68,532,960 Average: $19,581

2.) MUMMY RETURNS, THE (UNIVERSAL)
Screens: 3401 Weekend: $68,139,035 Average: $20,035

3.) RUSH HOUR 2 (NEW LINE)
Screens: 3118 Weekend: $67,408,222 Average: $21,619

4.) PEARL HARBOR (BUENA VISTA)
Screens: 3214 Weekend: $59,078,912 Average: $18,382

5.) HANNIBAL (MGM/UA)
Screens: 3230 Weekend: $58,003,121 Average: $17,958

6.) JURASSIC PARK 3 (UNIVERSAL)
Screens: 3434 Weekend: $50,771,645 Average: $14,785

7.) TOMB RAIDER (PARAMOUNT)
Screens: 3308 Weekend: $47,735,743 Average: $14,430

8.) AMERICAN PIE 2 (UNIVERSAL)
Screens: 3063 Weekend: $45,117,985 Average: $14,730

9.) SHREK (DREAMWORKS)
Screens: 3587 Weekend: $42,347,760 Average: $11,806

10.) FAST AND THE FURIOUS, THE (UNIVERSAL)
Screens: 2628 Weekend: $40,089,015 Average: $15,255





Agents Want SAG To Ease Up

The Association of Talent Agents is urging the Screen Actors Guild to ease current SAG restrictions so agents can have limited financial ties to production and distribution companies. But SAG sees a conflict of interest if agents represent both clients and employers.

To try and break the current stalemate in new contract negotiations between the two agencies, a SAG committee has drafted a legislative agenda aimed at strengthening the Talent Agency Act and helping agents by cracking down on the widespread and illegal practice of personal managers booking work for clients. Unfortunately, the ATA and SAG are currently still miles apart in their negotiation goals.


AOL Time Warner Cuts 1,700

AOL Time Warner Inc. will cut more than 1,200 jobs at its America Online Internet unit and will also drop 500 positions at its joint venture location with Sun Microsystems as it tries to meet financial targets in the current economy. As part of its reorganization efforts, the company is creating an AOL Interactive Services Group, and expanding the role of its AOL Broadband Group. The broadband group will focus on winning consumer acceptance of AOL services on cable, satellite and DSL platforms. Everyone is waiting to see how AOL Time Warner's reorganization will impact its film development efforts.


MexicanFilmmakers Get Government Help

To counter eight months of sluggish local film production, the Mexicangovernment has allocated 70 million pesos (nearly $7.7 million) to the Mexican film industry last month to boost state-supported and private film projects. The film industry requested 100 million pesos ($11 million) but in the wake of widespread cutbacks, the government gave what it could considering the country's worsening economic conditions. Mexico's film industry relies heavily on government funding. Of 28 films produced last year, 15 were state-funded. Without federal funding, only 10 Mexican produced films were made this year, with four of them backed by government funding.




Studios Want VOD To Replace VHS/DVD
Movie studios are likely to make a major push to roll out Video On Demand (VOD) systems via cable and the Internet over the next three years. Barron's magazine quoted industry consultant Tom Adams of Adams Media Research as saying that despite the current lack of cable outlets for VOD, "there is a certain inevitability about it." He predicts the VOD market will grow in 2003 and reach $1 billion in sales from its current $30 million level. Sony Pictures President Mel Harris told Barron's: "You're going to see a ramp-up in the next three years that dwarfs the last three." VOD could be a disaster to video outlets like Viacom's Blockbuster. Analyst Jordan Rohan of SoundView Technology Group predicted: "As people transition to VOD, Blockbuster's share of the total in-home entertainment market will go down."


TEAM Continues Its Cuts

TEAM Communications Group Inc., a Los Angeles-based production company which licenses its large film and television library to many Hollywood businesses and has produced a few films, announced further layoffs last month as it unveiled a restructuring plan designed to reduce expenses and revive investor interest in the company. After restructuring, TEAM will only have eight employees, which includes four executives who will work without pay for two months. The company had 35 employees when CEO Michael Solomon and a new management team took over in February. TEAM is desperately trying to offset losses from alleged irregular transactions in its U.K. operations over the last two years.

"It's cut to the bone already, so now we're getting our payables down so we can be a healthy company," Solomon said.

Problems allegedly caused by the company's top officers in the United Kingdom led to a $42.7 million net loss for fiscal 2000. The irregularities of TEAM's UK officials are currently under investigation by authorities there and in the United States.