Tuesday, March 1, 2011

MORNING UPDATE: Success raises indie finance hopes, Pic trio fought for funds, more

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TODAY'S TOP STORIES
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Success raises indie finance hopes
Big returns for 'Speech,' 'Swan'
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Pic trio fought for funds
Uphill battles for 'Swan,' 'Speech,' 'Fighter'
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TODAY'S FILM NEWS
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Brolin developing 'Hunchback' pic with WB
Josh Brolin is developing a "Hunchback of Notre Dame" project at
Warner Bros., with the thesp starring and producing through his Brolin
Productions shingle.
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Jane Russell dies at 89
Jane Russell, the voluptuous, heavily promoted star of Howard Hughes'
controversial Western "The Outlaw," who later proved herself to be an
adept comedienne and singer in such films as "Paleface" and "Gentlemen
Prefer Blondes," died Monday, Feb. 28 in Santa Maria, Calif. She was
89.
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'Rapids' jumped states for tax break
For those needing an example of how critical tax incentives have
become in the decision to greenlight a film, look no further than Fox
Searchlight's "Cedar Rapids."
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Universal gets in 'Spy' game
Universal Pictures has acquired domestic distribution rights to
Working Title production "Tinker, Tailor, Soldier, Spy," starring
Colin Firth, Tom Hardy, Gary Oldman and Mark Strong.
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TODAY'S TELEVISION NEWS
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Kmart in WWE ring
World Wrestling Entertainment has pinned down its largest advertising
deal with a single marketer to date, signing Kmart as the exclusive
presenting sponsor of all of its live events, including pay-per-views
like "WrestleMania" and its weekly TV shows on USA Network and Syfy
through the rest of the year.
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Cee Lo Green, Adam Levine to NBC's 'Voice'
Grammy Award winners Cee Lo Green and Adam Levine will form half of
the foursome of musical coaches on upcoming NBC series "The Voice."
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'Bachelor Pad' returning for summer
ABC's summer series "Bachelor Pad" is married to a second season.
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TODAY'S MUSIC NEWS
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Concert slump takes toll on Live Nation
Live Nation Entertainment reported declines in most categories in 2010
fiscal-year and fourth-quarter figures announced Monday.
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TODAY'S LEGIT NEWS
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'Mormon,' 'Succeed' look good in first weeks
The Broadway lineup has officially kicked off its springtime
expansion, with four shows beginning previews last week -- and two of
them, "The Book of Mormon" and "How to Succeed in Business Without
Really Trying," posting particularly encouraging numbers.
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Beane officially on board 'Sister Act'
Douglas Carter Beane has been officially added to the creative team of
the incoming Broadway musical incarnation of "Sister Act," with the
scribe set to provide additional material to the book.
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Arcelus, Luker, Paice, McGillin in 'Charley' cast
Rebecca Luker, Sebastian Arcelus, Howard McGillin and Jill Paice are
among the thesps to be cast in the City Centers Encores! production of
tuner "Where's Charley?" -- with little-known thesp Rob McClure
nabbing the lead role.
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TODAY'S INTERNATIONAL NEWS
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Italy extends tax breaks
Italy has extended tax breaks for local and foreign shoots through
2013. But the cash-strapped Italo government is financing these
generous incentives with a new tax on movie tickets, triggering an
uproar in the local industry.
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BBCW kicks off 'Upstairs' sales
BBC Worldwide has secured its first international sales of the remake
of costume saga "Upstairs Downstairs," which is a BBC-Masterpiece-PBS
co-production.
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'Salt' sells to 10 territories
Italo multihyphenate Gianni Di Gregorio's "The Salt of Life," his
followup to sleeper hit "Mid-August Lunch," has been sold by
London-based Fandango Portobello to 10 more territories following its
bow at the Berlin Film Festival.
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Disney inks deal with La Sexta
The Walt Disney Co. has inked a package of more than 60 movies with
Spain's Imagina/Televisa-owned broadcaster La Sexta. Pics will play on
Sexta's new nationwide free-to-air service La Sexta3.
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