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Old 09-02-2003, 09:35 PM   #1 of 9
Jo_C
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UA vs. Lions Gate


Well, it seems to me we now have two major independent studios releasing films, each getting "at each other's throats", shall we say. United Artists and Lion's Gate Films.

When you factor that so far this year Lion's Gate has had more film releases than United Artists, they have the upper hand...perhaps trying to steal away audiences from UA films and complicating the difficulties UA parent company MGM has already had.

UA had a chance to snatch "Dogville", one of the most talked about films at Cannes. Lion's Gate beat them. Now they have a chance at "The Passion", Mel Gibson's controversial film about the life of Christ.

If Lion's Gate snags the rights, UA will have a tough time getting your money at the box office this season...especially now that we're nearing Oscar time.

So techincally speaking it is a boxing match between UA and Lion's Gate. It is a war of the independents. And it's gonna get nasty...real, real nasty before one of them finally declares bankruptcy.
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Old 09-02-2003, 11:22 PM   #2 of 9
Joel Mack
 
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Go Lion's Gate!

Me = stockholder
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Old 09-02-2003, 11:46 PM   #3 of 9
Damin J Toell
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UA is in a rather different position than Lion's Gate, of course, in that UA is owned by MGM. MGM may funnel their indie projects into UA (and they've also removed their biggest cash cow - James Bond - from the UA banner), but they have more of a financial fallback cushion than Lion's Gate has. Then again, these days, with MGM being the only major studio not part of some kind of corporate conglomerate, they may just be as independent as Lion's Gate...

DJ
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Old 09-03-2003, 01:25 AM   #4 of 9
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...of course, I'm still awaiting the day when UA and Lion's Gate partner on a co-production...but we'll see who emerges as the true indpendent.
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Old 09-03-2003, 09:58 AM   #5 of 9
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MGM being the only major studio
Do people really still think of MGM as a major studio? They make a James Bond movie every once in a while, but they're basically what New Line and Miramax were before they were acquired by Time-Warner and Disney, respectively.



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Old 09-04-2003, 12:10 AM   #6 of 9
Damin J Toell
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Quote:
Do people really still think of MGM as a major studio?


Yes, they're still considered to be a major.

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They make a James Bond movie every once in a while, but they're basically what New Line and Miramax were before they were acquired by Time-Warner and Disney, respectively.

Really? When did New Line or Miramax make films like Agent Cody Banks, Crocodile Hunter: Collision Course, Legally Blonde, or Windtalkers? MGM is huge in comparison to any level that New Line or Mirmax achieved on their own.

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Old 09-04-2003, 12:36 AM   #7 of 9
Matthew Chmiel
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When did New Line or Miramax make films like Agent Cody Banks, Crocodile Hunter: Collision Course, Legally Blonde, or Windtalkers?
With the exception of Windtalkers, the first three films aren't really big budgeted films, especially Crocodile Hunter (which was made for around $10 million).

And New Line did have the Teenage Mutant Ninja Turtles franchise before Turner bought them.


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Old 09-04-2003, 02:03 AM   #8 of 9
Dan Rudolph
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Legally Blonde cost $18 million and Legally Blonde 2 cost $45 million. MGM is making some relatively big-budget stuff besides Bond.


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Old 09-04-2003, 02:24 AM   #9 of 9
Damin J Toell
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With the exception of Windtalkers, the first three films aren't really big budgeted films, especially Crocodile Hunter (which was made for around $10 million).


They might not be enormous budgets, but they're collectively well beyond the means of any indepedent studio. Agent Cody Banks, for example, cost almost $30 million. Even at its $12 or $13 million budget, Crocodile Hunter: Collision Course would have been a fairly major undertaking for either Miramax or New Line pre-acquisition. Perhaps the better example, Windtalkers aside, is Legally Blonde 2, with a $45 million budget. And, of course there's films they've co-financed (like Hannibal, with an almost $90 million budget in total).

Quote:
And New Line did have the Teenage Mutant Ninja Turtles franchise before Turner bought them.

And in 1990, the first film in the series, with a budget of $13.5 million (which would be around $19 million in today's inflated dollars - significantly less than Agent Cody Banks), it was surely their biggest budgeted film by far that year. I can't imagine that House Party or Leatherface were particularly expensive to make, for example. And while the 1991 TMNT sequel may have cost more, what else did they put out that year that cost much at all? Surely not The Rapture, Hangin' With The Homeboys or Suburban Commando. I would imagine that the budget of Bulletproof Monk alone would be more than the combined budgets of all of New Line's films in either 1990 or 1991.

And what films was Miramax producing themselves during this period that had any significant budget?

This also isn't considering MGM's interactive and music divisions, too, which I doubt either New Line or Miramax had while indepedent.

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