[Ari Emanuel slipped this 1970 Life magazine to his agents recently. Per Patrick Goldstein:] Don’t overreact to the current studio cost-cutting frenzy. As this story makes all too clear, the more things change, the more things stay the same. Studios always think they can make the movie business into a more rational enterprise, but that’s a bean-counter fantasy. Making movies will always require a leap of faith.
Just as today’s studio chiefs think that they can now make “Transformers” and “Hangover”-style hits without movie stars, Bluhdorn was convinced that high-priced talent was superfluous. “You get from these big stars a document of conditions of how many hours they’ll work, what they’ll do and won’t do…. Well, who needs them? With today’s young audiences, names won’t sell a picture anymore. A great script and a devoted director — that’s what makes things happen. Substitute “special effects” for ”script” and you could easily slip those words into any of today’s studio bosses’ mouths.
via YouTube’s Content Head Jordan Hoffner Leaving To Join Ben Silverman’s New Venture | paidContent.
Jordan Hoffner, the head of content partnerships for YouTube, is leaving the company, and joining Ben Silverman’s new content venture at IAC (NSDQ: IACI), we have learned. The move from YouTube was announced internally today. This is the second senior digital exec to join Silverman’s venture, after we first reported on Drew Buckley also joining it last month.
via But Who’ll Break Up The Fistfights? – Deadline.com.
James Murdoch, Howard Stringer, Les Moonves, David Zaslav, and, interestingly, Comcast’s Brian Roberts and GE’s Jeff Immelt back to back, will be speaking at the annual hush-hush Quadrangle confab being held Wednesday and Thursday in NYC. [...] Speakers — Emilio Azcárraga, Grupo Televisa; Dennis Crowley, Foursquare; Barry Diller, Iac; Brian Dunn, Best Buy; Charles Forman & Dan Porter, Omgpop; Reed Hastings, Netflix; Reid Hoffman, Linkedin. More after the jump…
Chad Hurley, Youtube; Jeff Immelt, Ge; Paul Jacobs, Qualcomm; Olli-Pekka Kallasvuo, Nokia; Jason Kilar, Hulu; Les Moonves, Cbs; Anne Mulcahy, Xerox; James Murdoch, News Corp; Brian Phillips, Thread; Brian Roberts, Comcast; Paul Sagan, Akamai; Eric Schmidt, Google; Ivan Seidenberg, Verizon; Biz Stone, Twitter; Howard Stringer, Sony; Ben Verwaayen, Alcatel-Lucent; David Zaslav, Discovery Communications.
via Peter Bart: Hollywood’s Dented Ego-System | Variety
“The eco-system is destroying the ego-system,” observes Susan Winston, who is both a working producer and a family therapist and who contributes her time to the Saban Free Clinic in Hollywood. “I see once-successful people who were defined by what they do, but suddenly they have nothing to do. They simply freak out because the work has disappeared.” Hollywood is synonymous with glitz and affluence, but the reality of the moment is that the patina is wearing very thin.
via Steve Jobs Earned The Biggest Bonus Of The Decade | SAI
CNBC notes that Jobs actually made off with the biggest one-time bonus in the past decade: $43,511,534, back in 2001.
via Tracked.com
[Not a sponsor - but I highly recommend you check out this tracking site for media and business personalities, companies and industries. Think LinkedIn meets High Media] Tracked.com is the only site in the world where business information, communications and connections come together to enhance your business life. We are actively organizing and analyzing as much information as possible about the companies, industries and executives you care about and enabling you to share it with your colleagues.
Our goal is to make it easy for you to track the news and activity of any person or company in business - and then share it with your network of contacts.
via Joanna Shields and Elisabeth Murdoch partner in new online content venture | Bearing
[Bringing this older article to light again - with Silverman's Electus, what is Murdoch's Shine/Reveille doing in branded programming] Former Bebo CEO Joanna Shields is to launch a digital media content company with Elisabeth Murdoch, chairman and CEO of independent TV production company Shine Group. Shields will take the role of CEO at the as-yet-unnamed venture, to launch on 1 October, which will “pursue a strategy of investment, development and cross-discipline partnerships aimed at fusing the traditional genre of TV production with the reach, power and engagement of social media”.
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