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Media Decoder ? Behind the Screens, Between the Lines

Hollywood Studios Haven't Been Paid by China in Months (Exclusive)

July 30, 2013

During the most recent legislative session, a series of proposals were put forward that would have made either minor cosmetic tweaks or wholesale changes to the program. Also read: 'Fantastic Four' Reboot Moving Production From Vancouver to Louisiana (Exclusive) One, a proposal by Gov. Bobby Jindal, would have capped the subsidy as it applied to above-the-line salaries exceeding $1 million, while another would have cut the incentives in half. The governor eventually decided to pull his plan over concerns it would negatively impact production in the state, while the other proposal never even came up for committee hearing.
Source: http://movies.yahoo.com/news/louisiana-keeps-hollywood-south-nickname-surviving-assault-politicians-020503909.html

STORY: China Claims Relaxed Censorship of Movies, but Hollywood is Skeptical Hollywood studios and Dodd hailed last year's WTO deal for loosening key restrictions. According to the new arrangement, foreign studios get back 25 percent of box-office revenue (previously 13 to 17 percent). Chinese authorities agreed that additional payments, including any taxes, would not come out of the 25 percent split. But late last fall, the China Film Group informed studios that it intended to pass along the tax after all. The Wall Street Journal reported on a standoff with Fox in April. Sources now say the dispute is more widespread and that all six major studios are involved.
Source: http://www.hollywoodreporter.com/news/hollywood-studios-havent-been-paid-594939

Can Kickstarter Save Hollywood?

Thousands of people have contributed to nearly 30,000 films on Kickstarter. For fans like Mayfield, The most exciting part has been getting updates about the movie from Rob Thomas and discussingthem with my friends who are Veronica Mars fans, she wrote. Its fun to be intimately connected to a movie that I care about. Whatever is driving these numbers, the crowdfunding site seems to have its finger on the pulse of what filmgoers want. Zach Braff successfully funded hisGarden State sequel,Wish I Was Here, to the tune of more than $3 million, while last years darling of Sundance, the documentaryAi Weiwei: Never Sorry, took in $52,175 on the crowdfunding site--more than twice its original goal. Following in their footsteps, Spike Lee turned to Kickstarter this week in a bid to make a film about humans who are addicted to blood. Both Lee and Braff have been criticized for their use of the crowdfunding site, with many speculating whether their star power undermines the sites original mission of giving lesser-known projects a voice. Braff secured a leading film financier, Worldview Entertainment, to top off his Kickstarter funding , while Lee, a Knicks season ticket-holder and the artistic director of New York Universitys graduate film program, isn't hurting for money .
Source: http://www.inc.com/jill-krasny/what-hollywood-can-learn-from-kickstarter.html



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