International News; Update

Argentina Currency Crisis Stops Hollywood from Exporting Profits

 

Hollywood studios have been unable to take tens of millions of dollars out of Argentina for roughly two years, a victim of the country’s ongoing financial crisis, Variety has learned.

It’s an issue that plagues all U.S. companies, but is particularly problematic to the entertainment business as it has struck one of the biggest markets for film in Latin America.

 

Click the link below for more about this topic!

 

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College Athletes are going to get Paid!

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In a ruling today, the NLRB has ruled that College Athletes are employees rather than just student athletes.

This decision will allow college athletes to organize and unionize – which means that the NCAA is about to start sweating and paying some handsome salaries.

For more on this topic, check out the story here: http://hosdi.eu/1hYMrb6

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Godzilla; Importance of a Signed Agreement

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Certain producers won a small battle in the dispute surrounding the upcoming Godzilla feature film being produced by Legendary Pictures.

Legendary moved to compel arbitration, citing a clause in an unexecuted draft of an agreement. The CA Appeals court refused to compel arbitration based on the fact that the draft agreement had not been executed, despite containing a binding arbitration clause.

If I had to guess, the producers will be offered a healthy sum of money to put this one behind them. The lesson to be learned, make sure you get signed documents.

Catch the full article here: http://hosdi.eu/1f3OIio

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Tarantino: Update

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Gawker has responded to the Tarantino Lawsuit claiming copyright infringement.

If you recall, QT’s script “The Hateful Eight” was leaked and QT threw a fit. He claimed that he will forego the project and instead just publish the script in a manuscript format.

For those of you who are interested in the legalities of Gawker’s defense, a motion to dismiss asserts that Gawker, the defendant in the suit, is not subject to the personal jurisdiction of the CA courts.

For more on the case: http://hosdi.eu/1hzmXFH

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