Hollywood Film Festival

The New New Line: Trade Roughage 03/13/08

By Karina Longworth posted 1 year ago

Bob Iger says Disney’s Hong Kong thene park had a rough second year because his researchers drastically under-estimated how long it takes to eat lunch. “There were longer lines to eat than to ride Space Mountain.” Oh, and iTunes makes money.
Warner Brothers is trying to coax New Line’s Toby Emmerich to take a newly-created position as head of the pared-down, independent studio. WB wants to refashion New Line into a boutique producing half a dozen films a year at no more than than $50 million each. Variety says this could throw a wrench into a few proposed New Line projects, including (obviously) The Hobitt, and (not so obviously) a sequel to Wedding Crashers. Adjust that 2005 film’s budget for inflation and you’re up to just over $43 million; are we to assume that the remaining seven million is to spent on keeping both Fred Claus and Drillbit Taylor on retainer?
The Hollywood Film Festival is adding the Hollywood Trailer Awards to their October slate of festivities. Yeah, I know–I spend a week in Texas, and this is all I can come up with on my return? Blame the cold I picked up somewhere on the journey home. Or, hell––just blame Variety.