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George Clooney Tries to Save Hollywood

Posted on 8/2/13 at 9:07 pm
Posted by TotesMcGotes
New York, New York
Member since Mar 2009
27882 posts
Posted on 8/2/13 at 9:07 pm
Solid article on how a hedge fund head is affecting (or looking to affect) how Sony goes about financing its films.

Long story short, this guy is using poor box office results for a number of summer films (Clooney says After Earth and White House Down) as a way to scare Sony into only financing tentpoles going forward. Another way, he's telling Sony that it would be fiscally irresponsible to fund smaller-budgeted films, like those Clooney has come to act and direct in in recent years.

For those of you who want to check it out: LINK
Posted by blueboy
Member since Apr 2006
56455 posts
Posted on 8/2/13 at 9:13 pm to
dude owns his own spy satellite. he can do no wrong in my eyes.
Posted by LuckySo-n-So
Member since Jul 2005
22095 posts
Posted on 8/2/13 at 9:17 pm to
Was just about to post this.

Interesting stuff.
Posted by Jazzbass13
Baton Rouge
Member since Apr 2013
1338 posts
Posted on 8/2/13 at 9:25 pm to
liked him in where art thou
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99256 posts
Posted on 8/2/13 at 9:34 pm to
Interesting read. Thanks for the post.

I didn't realize he had been taking his pay on the back end for that long. That's right around 15 years I think.
Posted by Qwerty
Member since Dec 2010
2114 posts
Posted on 8/3/13 at 9:51 am to
The manager's argument doesn't make sense. The 2 failures were conventional big budget flops, not creative small budget flops. After earth was the safe formula of will smith + scifi/aliens + money = box office success.
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