Over the past couple of weeks, we brought you the news that Relativity Media had hired director Juan Carlos Fresnadillo (28 Weeks Later) to direct their reboot of The Crow, and that actor Bradley Cooper (Limitless, The Hangover Part II) [...]
Read moreMGM Exits Bankruptcy Protection With $500 Million To Spend
MGM has completed their restructuring, exited bankruptcy protection and has some cash in their coffers to hit the ground running. Does this mean there should be no financial trouble for The Hobbit: Part 1 and The Hobbit: Part 2? Does [...]
Read moreBankruptcy Court Approves MGM’s Reorganization Plan
Press Release: LOS ANGELES, CA, December 2, 2010 – Metro-Goldwyn-Mayer Inc. (“MGM”) today announced that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has approved the company’s “pre-packaged” plan of reorganization (the “Plan”), clearing the way [...]
Read moreSpyglass Entertainment To Take Over MGM
Metro-Goldwyn-Mayer Inc. (MGM) has announced that it has begun a solicitation of votes from its secured lenders for a pre-packaged plan of reorganization (the "Plan"). MGM expects to continue normal business operations throughout the restructuring process. The Plan provides for MGM's [...]
Read moreWarner Bros. And DC Comics Lay The Smackdown On Superman Lawyer
Warner Bros. has fired off a lawsuit, suing Marc Toberoff. Toberoff is the attorney who represents the Shuster and Siegel families in the copyright termination cases that put the studio's Superman franchise at risk. Warner Bros. is claiming that Toberoff [...]
Read moreKirby’s Estate Officially Sues MARVEL
The children of legendary comic book artist Jack Kirby have sued Marvel to terminate copyrights to, and receive a share of profits from such lucrative comic creations as X-Men, Iron Man, Spider-Man, and The Incredible Hulk. The suit, follows a [...]
Read moreDC Replaces Thier Legal Counsel In SUPERMAN Case
DC has replaced its local outside council with Los Angeles 'super lawyer' Daniel Petrocelli in the ongoing Superman case. Petrocelli has been involved in several high-profile cases including, representing the Goldman family in their victory against OJ Simpson and successfully [...]
Read moreNick Simmons Responds To INCARNATE Plagiarism Claims
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Read moreNick Simmons’ Incarnate Comic Accused Of Plagiarism, Production Halted
Radical Publishing has ceased its distribution of comic Incarnate created by 21 year-old artist and musician Nick Simmons (son of KISS bassist Gene Simmons) various websites have accused "Incarnate" of borrowing from Tite Kubo's manga title Bleach. Incarnate's three-issue miniseries [...]
Read moreLIONSGATE Locked And Loaded, Sights On TERMINATOR Franchise
Lionsgate has stepped up as the leading bidder for the rights to the "Terminator" franchise with an offer of $15 million and a 5% cut of future gross receipts. The bid was disclosed Wednesday in a federal bankruptcy court filing [...]
Read moreDisney Buys Stake In Stan Lee’s POW! Entertainment
Just as the ink was drying on Disney's deal to acquire Marvel, it was also expanding its ties with POW! Entertainment, the company led by the man who once ran Marvel and co-created many of its signature characters, Stan Lee. [...]
Read moreDisney Completes Acquisition Of Marvel
Marvel Entertainment, Inc., a global character-based entertainment and licensing company founded in 1939, announced that at a special meeting on Dec. 31, Marvel stockholders approved the adoption of the Agreement and Plan of Merger entered into by Marvel and The [...]
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