News Column

'Despicable Me 2' Crushes 'Lone Ranger'

July 8, 2013

YellowBrix

After the coffee. Before going for Dwight Howard's job at the Lakers.

The Skinny: Spent the weekend watching some of season one of "The Sopranos." Forgot how great that show was. Monday's headlines include the box office recap and a look at "The Lone Ranger," which is the summer's latest big flop. Also, Richard Nanula resigns from Miramax and Colony Capital and Legendary Entertainment is nearing a decision on a new home.

Daily Dose: Kicking the tires of the online video site Hulu isn't the only thing DirecTV is up to these days. The satellite broadcaster has also been asking programmers for rights to distribute channels over the Internet. DirecTV isn't the only pay-TV distributor seeking so-called OTT rights, some of the big cable operators want them too. More from the Los Angeles Times.

Nothing despicable about that performance. "Despicable Me 2" roared to the top spot of the box office with a take of $142 million over the long July 4 weekend. That was more than enough to crush "The Lone Ranger" and everything else at the multiplex. As for me, I saw "The Way Way Back," which was good but a tad depressing. Box office recaps from the Los Angeles Times and Variety.

What do you mean we, Kemosabe? There is likely to be a lot of finger-pointing in the halls of Walt Disney Co. after "The Lone Ranger" galloped away with less than $50 million in its opening weekend. The movie, which starred Johnny Depp and Armie Hammer and was produced by Jerry Bruckheimer, cost over $200 million to make and tens of millions more to market. Can you say write-down? More on the unintentional disaster movie of the summer from the Hollywood Reporter.

Bigger is better. Tribune Co.'s deal to acquire 19 local TV stations is the latest sign of a major consolidation in the television business. Although local TV stations have lost a lot of value over the past several years, politicians still spend heavily there to reach voters and cable and satellite distributors now typically pay cash to carry them. The New York Times looks at what is driving TV-station merger mania.

Legendary decision. Legendary Entertainment may finally be ready to announce which studio will be its next home. Associated with Warner Bros. for years, the production company is now near a deal with Universal Pictures, according to Deadline Hollywood.

The plot thickens. Richard Nanula resigned from his positions as chairman of Miramax and principal at Colony Capital, the private equity firm that co-owns the independent movie production company. The resignation came after pictures of someone identified as Nanula with an adult entertainment actress surfaced on two websites. The New York Post has since reported gossipy details from Nanula's divorce.

Follow me on Twitter and we'll go places. @JBFlint.

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(c)2013 Los Angeles Times

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