Scouting Hollywood: Oct. 12-18
A roundup of news, gossip and history of the entertainment business brought to you from Hollywood, Calif.
Three new releases helped to solidify the box office after six weekends of declining revenue. Leading the way was Paramount’s Paw Patrol: The Mighty Movie at $23 million, followed by Lionsgate’s Saw X at $18 million and 20th Century Fox’s The Creator at $14 million. Only the Creator was a new concept (some reviewers have called it a re-imagining of Bladerunner) while the other two are the second and tenth sequels of previous titles. Each opened on more than 3,200 screens apiece in North America.
Fallout of the recently negotiated Writers settlement is appearing. Beyond the lost wages and personal tragedies of the industry workforce, writers with long-term overall studio deals are quietly learning their deals are no longer suspended but destined to be terminated. The majority of reinstated writers have been notified that their deals aren’t being extended, and when many of those deals expire, they will not be renewed. Agents estimate 60 to 80 percent of the existing studio deals are affected. Cost savings is the new mantra in Hollywood and gone are the days of lucrative long-term studio deals where a writer/producer would find themselves tied to a single studio or streamer.
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