This is good news for Netflix, which needed some, and bad news for cable television and outlets like HBO. Streaming is the future and Dreamworks knows it:

Netflix Inc has won a deal to pipe Dreamworks Animation movies starting in 2013, the first time a major Hollywood studio has chosen Internet streaming over traditional pay TV, The New York Times reported on Sunday.

Dreamworks CEO Jeffrey Katzenberg told the newspaper the deal, worth $30 million per picture to Dreamworks over a number of years, was “game-changing” and represented a bet that viewers would soon no longer make distinctions between content streamed on the Internet or through cable.

The Netflix deal means Dreamworks — the studio behind family friendly fare from “Shrek” to “Kung Fu Panda” — is eschewing premium pay-TV operator HBO in favor of online streaming, the Times reported. HBO is a unit of Time Warner Inc. “We are really starting to see a long-term road map of where the industry is headed,” Katzenberg was cited as saying to the newspaper in an interview.

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Barack Obama’s approval rating is presently a rousing 42%. That means the largest portion of the sane American public would love to see the first family pack up their Samsonites® and head back to the Winfrey City, famous for deep-dish pizza, Mayor Rahm, and the type of thuggish politics the head of the house is obviously comfortable with.

However, President Barack Obama’s latest fundraising report cites an “A-list of Hollywood stars, with donations from some of the top celebrities in the entertainment industry.” Apparently, left-coast liberals want to see to it that the best script reader since Martin Sheen has another shot at practicing lines on set while acting the part of President.

It’s not surprising that Hollywood is smitten with the “Yes We Can” man’s refusal to admit he can’t.  Those in the acting profession are impressed by amateurs like Barry Soetoro (stage name Barack Obama), who has proven to have a professional-level ability to make believe he’s something he is not. Heck, for a season, even Paul Giamatti was convinced he was John Adams.

What could be better for Hollywood than a President who swims around in a policy cesspool similar to the one they refuse to empty in Tinsel Town, overflowing with the squalid water of loose morals, abortion rights, angry feminists, racial indignation, class warfare, and overall elitist hypocrisy? (more…)

Recap: Radical funder George Soros’s $1 million gift to Media Matters, a left-wing character assassination machine, underwrites its campaign to stigmatize conservative ideas. For weeks Eric Boehlert of Media Matters attacked Glenn Beck because a disturbed viewer plotted to shoot up the offices of the left-wing Tides Foundation. The shooter, Byron Williams, failed, but in December when a fan of Media Matters, the late Florida school board shooter Clay Duke, wreaked havoc, Boehlert and Media Matters remained silent.

Soros is also bankrolling a documentary that celebrates left-wing terrorists who plotted to napalm Republicans at the 2008 GOP convention in Minnesota. Even worse, you too are bankrolling the film through your taxes.

A trailer for the left-wing film Better This World suggests that it depicts David Guy McKay and Bradley Neil Crowder as idealistic activists who, according to the official blurb, “set out to prove the strength of their political convictions to themselves and their mentor.” In fact McKay and Crowder are convicted domestic terrorists who manufactured instruments of death calculated to inflict maximum pain and bodily harm on people whose political views they disagreed with.

You can be sure that if it was right-wing terrorists who were plotting to attack the Democratic National Convention, whoever foiled the conspiracy would be immortalized in film, literature and song as a savior of democracy.

“If you flip the equation around and it had been a group of conservatives threatening to use force to prevent those on the Left from meeting, everyone would expect the government to infiltrate them and they would also expect the FBI to stop them and charge them with crimes,” said Brandon Darby, who helped the FBI thwart the planned attack. (Darby’s essay on political violence appeared on Big Government over the past weekend. Read it here.) (more…)

As the quote from Love Story goes, “Love means never having to say you’re sorry.” If you subscribe to that philosophy, it will come as no surprise that while Americans continue to sour on President Obama (his approval ratings continue on a collision course with the 30s), there is still one place he can always depend on for free love and fast cash: Hollywood.  One of the most romantic couples of our time has a big date tonight.  From Reuters:

LOS ANGELES (Hollywood Reporter) – When President Obama took to the stage at a Beverly Hilton ballroom on May 27, 2009, to raise money for the Democratic National Committee, it was a victory lap of sorts for the 250 studio executives, directors and stars who had paid $15,200 apiece to dine on kabachi ravioli as they listened to their newly elected leader.

“If it weren’t for you, we would not be in the White House,” the president told DreamWorks Animation chief Jeffrey Katzenberg, going on to recognize the deep pockets of other showbiz contributors who had put millions into his campaign coffers.

Tonight, a little more than a year later, Obama arrives in Hollywood again to meet and greet industry heavy hitters. This time, the feelings of many in the crowd are more complicated. Obama has faced criticism from the left about unfulfilled campaign promises ranging from the closure of Gitmo to the repeal of Don’t Ask, Don’t Tell. (more…)

Dragons transcend cultural bounds. The Greeks had hydras, depending on your Bible the Israelite prophet Daniel slew a dragon in Babylon, the Chinese zodiac features a dragon and Europe has its own tales including the Catholic story of Saint George.

In addition, dragons are a formidable, if not the ultimate, opponent. They are intelligent creatures that can sometimes talk—see “The Hobbit”—and have armor for skin and a flame-thrower for a mouth. No one wants to fight a dragon unless they are incredibly brave or stupid, or both.

Enter Dreamworks’ Vikings of Berk who star in what is sure to be an instant classic, “How to Train Your Dragon.” This film has a fighting spirit, a huge heart and comedy that transcends age and gender.

Inspired by British author Cressida Cowell’s book by the same title, but really more like a prequel, “How to Train Your Dragon” chronicles the life of young Hiccup Horrendous Haddock III (Jay Baruchel), a Viking boy with a lot of brains, but lacking brawn, who is determined to slay a dragon and gain the respect of his father, Viking chief Stoick the Vast (Gerard Butler). But his ambitions change when an encounter with a dragon leads to a relationship that defies everything the Vikings know about dragons, and, through the course of an adventure packed with fast flight, epic battles and a little bit of love, changes village life forever.  (more…)

With 400,000 Americans showing up every year at the Indy 500 and 200,000 more buying tickets to see NASCAR’s premiere event The Daytona 500, you would think that the most creative minds in Hollywood would be looking for a way to cash in with more movies about car racing and car culture. NASCAR has an estimated 75 million fans, and it is second only to the National Football League in terms of television ratings, so where are all the good racing movies?

Jordana Brewster is reunited with Vin, Paul and Michelle in FAST & FURIOUS

Universal seems to have answered that question by getting its successful street racing franchise back into the fast lane this weekend with Fast & Furious. The movie, which reunites Vin Diesel, Paul Walker, Jordana Brewster and Michelle Rodriguez for the first time since 2001’s original surprise blockbuster, has exploded to a high octane $30.11M or so on Friday and that could mean a $70M opening weekend. That would make it the all-time #1 opening for a car racing movie.

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Universal’s Fast & Furious will be “burning rubber” this weekend at America’s multiplexes as the original street-racing cast reunites after some sub-par chapters of the franchise.

The original The Fast & The Furious hit theatres in 2001 under the direction of Rob Cohen who had shown a knack for action with Dragon: The Bruce Lee Story ($35M US cume) and Sly Stallone’s Daylight ($33M US cume) and a savvy feel for bigger-than-life characters in his Golden Globe winning biopic The Rat Pack (which, if you’ve never seen you should put in your Netflix cue and prepare to be amazed by Don Cheadle’s turn as Sammy Davis, Jr.). In tow, he had a 34-year-old Vin Diesel in only his second starring role following the surprise low budget hit Pitch Black ($39M cume) and 28-year-old Paul Walker, who had just starred in Cohen’s forgettable The Skulls. Also in the cast was Jordana Brewster (As the World Turns) and a pre-Lost Michelle Rodriguez, whose most notable credit was a gritty little indie called Girlfight.

Vin Diesel returns for FAST & FURIOUS

The result was box office jet fuel. Seemingly out of nowhere, The Fast & The Furious scored a scalding $40M opening weekend and reached $144.5M domestic and over $200M worldwide. But Diesel, whose signature line in the original movie is “I live my life one quarter of a mile at a time,” didn’t like the script for the sequel (or they wouldn’t pay his asking price depending on who you ask). That led to the 2003 sequel 2 Fast 2 Furious directed by Academy Award nominee John Singleton (Boyz n the Hood) starring Walker along with rapper Tyrese Gibson and Eva Mendes. Despite Diesel’s conspicuous absence, 2 Fast still delivered $127M in the US. (more…)

I took my five-year-old son (Ed) and seven-year-old daughter (Ahmi) to see “Monsters vs. Aliens.” We got our Elvis Costello 3D glasses and wore them at all the wrong times during the television commercials that come on before the movie trailers. My kids didn’t know but I was mostly interested in their response to the 3D imagery. That’s right, I went to “Monsters vs. Aliens” primarily for human experimentation. They reached out to grab objects that appeared to float in front of them, but the greatest of all expressions came to their faces every time I looked over at them: smiles.

Reese Witherspoon voices Ginormica, a 49-foot-tall woman with an awesome figure. More to love. But her fiance is a sleazy weatherman from Modesto, as if there’s any other kind. Ginormica is the straight person in the adventure; she carries the hero’s burden of bringing any kind of depth or drama to a 90 minute farce. Her comedy relief side-kicks are fish man, cockroach man, a big Mothra maggot and the show stealing gelatinous B.O.B. voiced by Seth Rogen. (more…)

It is an excellent weekend for Dreamworks Animation. Although the credit crunch prevented financing that would allow exhibitors to undertake the digital conversion of more of its theatres, Monsters vs. Aliens is benefiting spectacularly from the 2,075 or so standard Digital 3-D engagements and the added 143 Digital IMAX runs. The audaciously ambitious animated send-up of 50’s B-movies has used the “bleeding edge” of technology to milk an estimated $16.7M in opening day ticket sales. The which could translate to $58M or so for the 3-day weekend.

MONSTERS VS. ALIENS towers over previous 3-D releases from Hollywood

If that number holds, and, if anything, they could drift higher as family audiences flood America’s multiplexes, Monsters vs. Aliens will be the all-time third-best opening in the month of March.

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Jeffrey Katzenberg has been the film industry’s strongest proponent of 3-D over the past few years, and this weekend his advocacy will start paying dividends for Dreamworks Amimation. Monsters Vs. Aliens will debut with 4,104 playdates. That makes it the 13th-widest release in modern film history, and it becomes the biggest non-summer debut of all-time.

Jeffrey Katzenberg - The Pied Piper for Digital 3-D

ALL-TIME WIDEST NON-SUMMER RELEASES
- with summer defined as May 1 – August 30 -
1. 3/27/09 – Monsters Vs. Aliens – 4,104 playdates
2. 11/07/08 – Madagascar 2 – 4,056 playdates
3. 10/01/04 – Shark Tale – 4,016
4. 3/31/06 – Ice Age: The Meltdown – 3,964
5. 3/14/08 – Dr. Suess’ Horton Hears A Who – 3,954

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It was another good weekend for Summit Entertainment. The distributor behind last year’s meteoric hit Twilight has scored a solid hit with the Alex Proyas-directed Knowing, starring Nicolas Cage. Despite shaky word-of-mouth and negative reviews, the sci-fi thriller got a solid 9% bump on Saturday for a $9.7M second day, and it will likely finish its opening weekend with a possible $24.8M.

As a production company, Summit is responsible for some monster hits, including commercially and/or artistically successful films like Once (Oscar nominee for Best Picture), American Pie ($102..5M domestic), Memento (Oscar nominee for Best Original Screenplay: Chris Nolan), Mr. & Mrs. Smith ($186.3M domestic) and In the Valley of Ellah (Tommy Lee Jones nominated for Best Actor). But as a distributor, they got off to a slow start. (more…)

Early box office returns are pointing to a weekend win for Knowing from Summit, but I will put my money on I Love You, Man (Dreamworks/Paramount) to generate more in US ticket sales over the long haul. The Nicolas Cage sci-fi thriller has grabbed an estimated $8.95M to start the weekend, and it will likely finish at $24M or so. That is, unless word-of-mouth catches up to it first.

Will reviews and word-of-mouth catch up to KNOWING?

Reviews for Knowing, written and directed by Alex Proyas, the inventive filmmaker behind the visually striking 1998 film Dark City and the 2004 Will Smith mega-hit I, Robot, has received overwhelmingly negative reviews (25% Fresh on Rotten Tomatoes), but thanks to Twitter, real-time movie-goer reactions spread like wildfire. Here are some Tweets I just grabbed off the social networking platform.

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For the last few weeks, Summit’s Knowing, starring Nicolas Cage, has appeared to be the likely winner of the upcoming box office weekend. But, my sources tell me that I Love You, Man, the new comedy starring Paul Rudd (Role Models) and Jason Segal (Forgetting Sarah Marshall) has surged in the latest pre-release industry tracking.

In the spirit of March Madness, I’m calling for the upset. I Love You, Man may not actually be a Judd Apatow movie, but it sure does look like one in trailers and commercials. The movie reportedly “rocked the house” at the South By South West Festival last week, and the buzz is very positive. I am calling for $21.5M, which would be above industry expectations.

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I am forecasting a coronation for Slumdog Millionaire (Fox Searchlight) at Sunday’s Academy Awards. My final predictions call for Slumdog wins in 8 of the 9 categories it is competing in including Best Picture and Best Director: Danny Boyle. The only place I think it will fail is in the Sound Mixing category where The Dark Knight (Warner Bros) may trump it.

Slumdog Millionaire is about to win the Hollywood's Grand Prize

The “Battle Royale” of the night is Mickey Rouke from The Wrestler (Fox Searchlight) vs. Sean Penn in Milk (Focus) in the Best Actor category. There have been two ties in major categories in Academy Award history. The first was in 1932 when Frederic March in Dr. Jekyll & Mr. Hyde shared Best Actor with Wallace Beery for The Champ. (March had one more vote, but in that era, any finish within 3 votes was rules a tie.) Then in 1968, Katherine Hepburn for The Lion In Winter and Barbara Streisand for Funny Girl tied for Best Actress. If there was any justice, Rourke and Penn would share the award. In any other year, either of them would be a lock. Forced to make a pick, I’m going with Rourke.

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On Sunday, the Academy Awards will be handed out at the Kodak Theatre in Hollywood, and there are some clear favorites. Slumdog Millionaire, the feel-good Danny Boyle Mumbai opus made for just $14M, is a heavy favorite to win Best Picture. It’s hard to imagine Slumdog missing out on Hollywood’s biggest prize, having won the Golden Globe, the BAFTA Award and just about everything in between.

But, in the world of gambling, you always want to look for value. What are the films and performances with longer odds that would be worth a wager on Sunday? My purpose here is to establish a betting line for each of the six major categories, and then find the value bet in each category.

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Although America is suffering through its worst economic downturn since the Great Depression, there is no recession in the movie business. Led by the Warner Bros reboot of Friday the Thirteenth and a couple of surprisingly strong chick flicks, Hollywood’s top twelve grossing movies may grab a combined $201.5M over the long President’s Day weekend holiday, which marks an all-time best for the annual 4-day movie-going bonanza.

TOP GROSSING PRESIDENT’S WEEKENDS FOR HOLLYWOOD
- combined gross of top 12 films -
1. 2009 – $201.5M (estimated)
2. 2007 – $167.8M
3. 2008 – $141.1M
4. 2003 – $141M
5. 2005 – $137.1M

Director Marcus Nispel (2003’s Texas Chainsaw Massacre remake) and the Platinum Dunes production company have gotten the all-new Friday the Thirteenth off to a spectacular $19.3M opening day. That could translate to a well-above-expectations $47M by Tuesday morning. The new Jason restart quickly follows the Platinum Dunes success of The Unborn, released on January 9 to a $19.8M 3-day take. That David D. Goyer written and directed genre pic was made for just $16M, and The Unborn has generated an estimated $42M in the US.

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There was not a great deal of drama surrounding this year’s British Academy of Film & Television Arts Awards, commonly known as the BAFTA Awards. Slumdog Millionaire (Fox Searchlight) is a movie with deep roots in the UK. Director Danny Boyle was born in Manchester, England, lead actor Dev Patel is the star of the popular British television series Skins, and the movie is a gigantic hit in the British Isles with an impressive $20.6M (US dollars) in box office for Pathe, since its release there on January 6.

BAFTA Winner Mickey Rourke

The two major uncertainties entering Sunday’s ceremony were whether Kate Winslet, twice-nominated for Best Actress, would split her own vote and miss out on her second BAFTA Award and who would prevail in the Sean Penn-Mickey Rourke battle for Best Actor. Aside from that, it seemed like a Slumdog sweep, and that’s exactly how it played out.

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The Drew Barrymore-produced romantic comedy He’s Just Not That Into You has made the jump from catch-phrase to self-help book to movie hit. With an all-star cast this classic ‘chick flick” appears to be winning the weekend after posting a spectacular $10.5M in opening day ticket sales. That should mean a 3-day start of $27.4M or so, easily out-pacing holdover Taken (Fox) and three other new wide releases. With this kind of opening, Not That Into You could reach almost $60M by the end of next weekend (a 4-day Presidents/Valentine’s combo), which would forecast a potential $90M in US ticket sales.

The new movie developed by New Line and now released by Warner Bros is based on the book of the same name co-written by former Sex & the City scribes Greg Behrendt and Liz Tucillo. The line itself has come to be a reassuring fallback for women in the dating scene (and I’m guessing single guys have adopted the mentality as well in the rough-and-tumble world of dating).

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Liam Neeson is officially a full-fledged action star. The Irish-born actor has often played heroes, whether it was Oskar Schindler in Steven Spielberg’s masterpiece Schindler’s List, the wise Qui-Gon Jinn in Star Wars: Episode I – The Phantom Menace or determined sex researcher Alfred Kinsey in 2005’s biopic Kinsey, Neeson has always had a knack for playing the earnest-but-flawed good guy. In his new movie Taken (Fox), writer/producer Luc Besson and director Pierre Morel have turned him into a Dad with the “mad skills” of a super-spy – think Mike Brady crossed with Jason Bourne.

The result is a well-reviewed (56% Fresh on Rotten Tomatoes) action film that will help to satisfy blockbuster-hungry audiences waiting for Warner Bros’ Watchmen (due March 6). Taken has scored big on its opening weekend. After grabbing an estimated $9.4M, the movie surged on Saturday to $11.62M (up almost 24% from opening day) and, despite today’s Super Bowl, the film could reach $24.62M according to studio estimates. That will be more than enough to win the Super Bowl 3-day, and positive word-of-mouth could get this one into the $70M-$75M range domestic.

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The chubby guy on the Segway rallied for a come-from-behind win over the Beckinsale-less Underworld sequel, but regardless, it was a 1-2 finish for Sony. When I originally predicted that Paul Blart: Mall Cop as the likely weekend winner over the MLK 4-day, some online sites questioned my pick. Even I didn’t expect an opening close to $40M, and now the Kevin James vehicle has surprised again.

The Adam Sandler-produced comedy has broadened its audience, showing real family appeal. That led to stronger Saturday and Sunday matinees for a stellar $21.5M by Monday morning. That gives the movie a 10-day cume of just shy of $65M, which is impressive considering that it was budgeted at just $26M. After success as a supporting star in movies like Hitch ($179.5M cume) and I Now Pronounce You Chuck and Larry ($120M cume), it appears that James can open a movie without the help of Will Smith and Adam Sandler. Mall Cop dipped only 32% from last Friday-thru-Sunday (and that was part of a 4-day weekend, which can often lead to a sharper drop). (more…)