Kansas City, Missouri -- AMC Entertainment Inc. ("AMC" or the "Company") announced today that it is proposing to issue $600 million aggregate principal amount of senior subordinated notes due 2020 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

The Company intends to use a portion of the net proceeds from this private offering to purchase the Company's outstanding $325.0 million aggregate principal amount of 11% Senior Subordinated Notes due 2016 (the "2016 Senior Subordinated Notes") that are tendered pursuant to a cash tender offer and consent solicitation also announced by the Company today and to pay the consent fees in connection with such cash tender offer and consent solicitation. The Company intends to distribute the remainder of such proceeds to its parent, Marquee Holdings Inc. ("Marquee"), to be applied to Marquee's cash tender offer and consent solicitation announced today regarding Marquee's outstanding $240.8 million aggregate principal amount of 12% Senior Discount Notes due 2014 (the "2014 Marquee Notes"). In addition, the Company intends to redeem any of the 2016 Senior Subordinated Notes that remain outstanding after the consummation of the cash tender offer and consent solicitation on or after February 1, 2011 in accordance with the terms of the indenture governing the 2016 Senior Subordinated Notes, as amended pursuant to the consent solicitation. Marquee also intends to redeem any of the 2014 Marquee Notes that remain outstanding after the consummation of the cash tender offer and consent solicitation in accordance with the terms of the indenture governing the 2014 Marquee Notes, as amended pursuant to the consent solicitation.

The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States only to non-U.S. persons pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

 

Read more

justinbiebernews.pngSource: THR

Even though Justin Bieber: Never Say Never doesn't open until February 11, die-hard fans are already scooping up tickets. Paramount has announced that 26,000 of 100,000 tickets available for a November 9 screening have already been sold. These enthusiastic fans receive Never Say Never 3D glasses, a branded glow stick and bracelet and a souvenir lanyard for their efforts.

Many in the industry feel that Never Say Never will have no problem being a bigger force at the box office than Miley Cryus/Hannah Montana: The Best of Both Worlds, which raked in more than $65 million in 2008.

Read more

BEVERLY HILLS, Calif. -- Netflix, Inc. (Nasdaq: NFLX) and FilmDistrict, a multi-faceted acquisition, distribution, production, and financing company, today announced a multi-year agreement through which first-run, theatrically-released films distributed by FilmDistrict will be licensed to Netflix for streaming over the Internet in the "pay TV window" a few months after their release on DVD.

Under the deal, major motion pictures that traditionally would have been licensed to premium cable channels will flow instead from FilmDistrict to Netflix for streaming to its members, beginning in 2011.

Among the first films to be covered under the deal are "Drive," director Nicolas Winding Refn's adaptation of the James Sallis' crime tale starring the Academy Award®-nominated duo Ryan Gosling and Carey Mulligan, and the sci-fi action adventure film "Lockout," starring Guy Pearce and Maggie Grace, produced and co-written by Luc Besson, and co-directed by James Mather and Stephen St. Leger.

Broadening the variety and timeliness of content available for Netflix members to watch instantly is among the company's highest priorities as it rapidly transforms itself into a service focused on streaming movies and TV shows over the Internet.

FilmDistrict was created earlier this year by Oscar®-winning producer Graham King and his business partners Tim Headington and Peter Schlessel, who became FilmDistrict's CEO. Recently, film industry veterans Bob Berney and Adrian Alperovich joined FilmDistrict as president of film distribution and president of acquisitions and operations, respectively.

Said Ted Sarandos, chief content officer for Netflix: "Netflix has a long and successful history working with Peter Schlessel and Bob Berney, and I have long admired Graham King's amazing production success with movies like 'The Departed' and 'Blood Diamond,' which are among the most watched and highly rated movies of all time by Netflix members. We are thrilled to be in business with these proven tastemakers and entertainment business leaders."

"We are very excited about this new relationship with Netflix," said Mr. Alperovich. "The innovative and flexible entrepreneurial spirit they have demonstrated makes them a perfect partner for us as we build FilmDistrict into a strong independent distributor."

"Netflix has strategically developed a bold business model and they love movies," added Mr. Berney. "They have cultivated a loyal audience that gives FilmDistrict great opportunities for growth."

 

Read more

LOS ANGELES -- Paramount Digital Entertainment in association with MTV, both part of Viacom Inc. (NYSE: VIA and VIA.B) announced today that it plans to add another original project to its popular digital programming line-up: JACKASS 3.5, which will premiere in March 2011.

The third installment of JACKASS from Paramount Pictures and MTV Films - JACKASS 3D - hit theaters on October 15, 2010 and has already grossed over $155 million at the worldwide box office. The film stars Johnny Knoxville and the boys and was produced by Dickhouse Production's Jeff Tremaine and Spike Jonze, along with Knoxville. JACKASS 3.5, which was tailor-made for launch in digital media, will feature all new content, including never-before-seen stunts, pranks and other side-splitting antics by the JACKASS crew. New stunts and antics from JACKASS 3.5 will be released online weekly and then packaged together as a feature length film distributed digitally followed by other platforms including home video.

"I don't want to say that the JACKASS guys invented the Internet, but they were doing viral videos before most people had even heard the term. That distinguished heritage makes JACKASS the perfect franchise for digital," said Thomas Lesinski, President of Paramount Digital Entertainment. "When the JACKASS guys went to make JACKASS 3D, we proposed that we shoot a follow up to the successful JACKASS 2.5 digital feature alongside it, and everyone was up for it. In JACKASS 3.5, you are going to see an entire movie's worth of new stunts, new pranks and new gags, on whatever screen you choose."

"For JACKASS 3D we shot enough footage for two movies so a lot of great stuff didn't make it in the film. Luckily you will get to see those bits in 3.5. We also shot some additional footage in Europe specifically for 3.5. I have staples in my head right now to prove it. Woo hoo," said JACKASS co-founder and star Johnny Knoxville.

"It's been ten years since JACKASS first launched on MTV and there is still more poo, stunts and hilarity to go around on every screen imaginable," said Van Toffler, President, MTVN Music/Logo/Films Group. "Whenever the JACKASS crew gets together, you know there will be a plethora of valuable fragments of entertainment to satiate their fans, and JACKASS 3.5 will not disappoint as the latest installment in this fine franchise."

In 2007, Paramount Digital Entertainment & MTV released JACKASS 2.5, the first digital movie released by a studio that quickly became the most successful non-theatrical release in the studio's history. In the first few weeks of launch, the digital property garnered over 20 million views and was the #1 title on iTunes the week it launched.

The JACKASS franchise first debuted as an original television series on MTV from 2000 to 2002, launching the careers of Johnny Knoxville, Bam Margera and other now-popular personalities shown performing outrageous stunts and hysterical pranks. Since 2002, three successful JACKASS theatrical films have been produced and released by MTV Films and Paramount Pictures. JACKASS: THE MOVIE grossed more than $64 million in the United States alone, and finished in the Number 1 spot at the box office in its opening weekend. JACKASS NUMBER TWO was released in September 2006 and like its predecessor, topped the box office in its debut weekend, and ultimately earned more than $72 million in cumulative box office revenues. JACKASS 3D, released this October 2010 dominated the weekend box office opening to $50 million in ticket sales, setting several records such as becoming the biggest opening ever for a non-scripted/documentary-esque film, the 10th highest opening comedy of all-time, notching the record for an October midnight gross with $2.5 million, making it a special event for throngs of moviegoers.
The JACKASS franchise also includes a JACKASS: The Game video game for the PlayStation 2, PlayStation Portable and Nintendo DS. Its numerous DVD releases include JACKASS: VOL. 1, JACKASS: VOL. 2, JACKASS: THE MOVIE, JACKASS: VOL. 3, JACKASS: THE BOX SET, JACKASS NUMBER TWO, JACKASS 2.5, JACKASS WORLD PRESENTS: MATT HOFFMAN'S TRIBUTE TO EVIL KNIEVEL, and JACKASS: THE LOST TAPES.

 

Read more

Centennial, Colo. -- This January, NCM Fathom and Run All Night Productions take audiences along for the world's largest running relay race with the premiere of Hood To Coast. This special in-theater Fathom event will be shown exclusively in nearly 350 select movie theaters on Tuesday, January 11 at 8:00 p.m. ET / 7:00 p.m. CT / 6:00 p.m. MT / and 8:30 p.m. PT (tape delayed).

Hood To Coast is the inspiring new documentary that follows four teams with various levels of athletic ability on their epic journey to conquer the world's largest relay race, which celebrates its 30th anniversary in 2011. Audiences will join 12,000 runners (1,000 teams) and 2,000 support vans as they cover 197 grueling miles from the majestic Mt. Hood to the Pacific Ocean. Hood To Coast captures the love, dedication and insanity of the everyday runner, as well as the excitement, pain and humor of the unprepared first timer. As Bart Yasso of Runner's World put it, "If one documentary captures the runner's high - ‘Hood To Coast' is it!"

Tickets to Hood To Coast are available at participating theater box offices and online at www.FathomEvents.com. For a complete list of theater locations and prices, visit the web site (theaters and participants may be subject to change).

In addition to the feature, Hood To Coast will include a live red-carpet and interviews from Portland, Ore., as well as a pre-recorded panel discussion with celebrities of the running world as they discuss their experience of participating in the Hood To Coast (HTC) relay and its unique place in the history of American running. Panelists include Mary Decker Slaney (Olympic runner and HTC Women's course record holder), Bart Yasso (editor, Runners World), Kenny Moore (Olympic runner, HTC runner and Sports Illustrated writer), Bob Foote (HTC founder and organizer) and director Christoph Baaden, among others.

"Hood To Coast astounds audiences with its amazing stories of the teams who push themselves to their very limits and beyond," said Dan Diamond, vice president of NCM Fathom. "Audiences in movie theaters will be truly inspired by the passion of these runners against 197 miles of the Northwest's toughest terrain."

Hood To Coast will be shown in 348 select movie theaters including AMC Entertainment Inc., Cinemark USA Inc., Clearview Cinemas, Cobb Theatres, Goodrich Quality Theatres, Hollywood Theaters, Kerasotes Showplace Theatres, Marcus Theatres, Rave Motion Pictures, R/C Theatres and Regal Entertainment Group movie theaters, as well as The Grand Theatre (Bismarck, ND) and Palace Cinema 9 (South Burlington, VT), through NCM's exclusive Digital Broadcast Network.

 

Read more

Subscribe to Articles Feed