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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‘Out of the Furnace’ Producers Beat Defamation Lawsuit By 17 Native Americans – Hollywood Reporter

‘Out of the Furnace’ Producers Beat Defamation Lawsuit By 17 Native Americans – Hollywood Reporter

Members of a Native American tribe unsuccessfully sued ‘Out of the Furnace’ for defamation. How far does the First Amendment protect filmmakers? 

– JD

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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Filmmaker Desperation Leads to Fraud Conviction

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Daniel Adams has just been freed from prison.

If you recall, Adams was one of the first to be incarcerated for committing fraud when applying for state production tax incentives.

For the full article, go to: http://hosdi.eu/1ftXh5U

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Collins to the Nets; Sports

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With the Combine underway and Collins now signed with the Brooklyn Nets, the landscape of sports and the stereotypical athlete is changing before our eyes.

Collins, is the first openly gay player to be signed to an NBA team. Michael Sam, a University of Missouri football player, just wants to be another football player, not a “gay” football player. No * please.

There are probably varying opinions on this issue, this wouldn’t be news worthy if there weren’t. However, as a former athlete myself, let me just say that I would love my teammate no matter what. Teammates do battle together and thus, regardless of age, gender, sexual preference, et al., the bond between teammates is thicker than any of these superficial differences.

For More: http://hosdi.eu/1fxty09

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