Wednesday, May 1, 2013

China's Surprise Tax Hollywood Standoff, Summer Movie Preview 2013, Vancouver's Sharp Production Drop

China's Surprise Tax Hollywood Standoff, Summer Movie Preview 2013, Vancouver's Sharp Production Drop

China's Surprise Tax Prompts Hollywood Standoff

The studios and the MPAA have no official comment as tensions rise over a sought value-added tax that stands to reduce studio profits in China and is seen as a violation of  2012's China –U.S. trade agreement. (THR)

Summer Movie Preview 2013

SSN’s comprehensive preview and analysis of 28 big summer movie offerings opening between May 3 and August 30. (SSN)

Vancouver, Canada, Sees Sharp Drop-Off In Movie, TV Production

A provincial sales tax that took effect last month caps a notable three-year decline in production, with many soundstages empty and thousands looking for work as Eastern Canada, North Carolina and Georgia make gains. (LAT)

Time Warner Q1 Results Weighed Down By Publishing And CNN

Cable network revenue is up, as is ad growth for their U.S. entertainment networks, while publishing lost millions and its news network had declines. (DH)

CinemaCon: Lionsgate Puts 'Hunger Games: Catching Fire' Front and Center

Highlights of Lionsgate’s presentation and what to expect for 2013. (TOH)

CBS Leads Daytime Emmy Nominations

The 40th annual Daytime Emmy Awards nominations saw big total noms by networks, led by CBS with 50, followed by PBS and ABC; Nickelodeon received 36 nominations on the cable side, followed by the Hub and Cartoon Network. (VAR)

Comcast Q1 Profit Rises 17% On Cable Revenue

Cable is up and broadcast is down for the company in released Q1 results. (VAR)

The Uncensored Oral History of 'The Hangover'

In advance of the May 24 release of The Hangover Part III, personal stories from the talent behind the franchise that’s already grossed over $1B worldwide. (THR)

Hasbro Continues To Lay Off Workers Despite Expansion Plans

Despite double digit gains in emerging markets business and a $1.6M tax credit from its home state of Rhode Island, Hasbro cites lower demand in North America and slower holiday sales behind layoffs of 175 staff in the last 15 months. (GLP)

Netflix’s Stream Flowing Less Mightily Without Older Warner Bros Catalog

Hundreds of Warner Bros. titles from before 1986, including MGM and UA releases, will now become exclusive to Warner Archive Instant; Netflix will add over 500 titles today. (DH)


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