Another successful creative from beyond the US borders.
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.
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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
For those of you who’ve been following Tarantino’s battle with Gawker, here’s the latest update.
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
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
The talent auditions aren’t the only ones that are happening on American Idol, lawyer reps for the contestants are also holding auditions.
Drake is being sued by former stylist for alledgedly stealing the Owl design, which is used by the artist in association with his clothing line, OVO.
For more details, check out Complex Mag.
If you know anything about politics, you know that California’s 33rd Congressional District is probably one of the most coveted seats in all of Congress.
As THR reports, if you look at the statistics related to Obama’s campaign contributions, you’ll notice a huge portion that comes directly from the 33rd. That’s probably because individuals such as Jeffrey Katzenberg, Haim Saban, as well as many other Hollywood celebrities reside in this district that covers Malibu, Beverly Hills and Hancock Park.
Now, as Henry Waxman plans his departure from this seat, Hollywood lobbyist are likely to have a great impact on Waxman’s successor.
For additional details, check out THR.