3D – On Which Hollywood’s Hopes Are Pinned

As with every hot trend in Hollywood, it’s uncertain whether the 3-D onslaught is simply a flash, like the push in the 1980s to colorize black-and-white films, or a fundamental transformation akin to the advent of sound in the 1920s. “The real question now is: ‘How many movies per year does the audience want to put on glasses and pay a premium for?’ “

Senate Committee Okays Ban On Box-Office Futures

“The setback comes as a surprise — and a victory for Hollywood — because federal regulators only in the last week had given the first stage of approval to the exchanges. Included in the Wall Street Transparency and Accountability Act financial reform package, passed Wednesday by the Senate Agriculture Committee, is a provision banning futures trading on box office.”

Hollywood Descends On Oz (No, Not Australia)

“All [of Frank] Baum’s 14 stories about Oz are now out of copyright, meaning that anyone with the means to shoot a movie is free to pilfer from them.” Disney is preparing a prequel, Oz the Great and Powerful (with Sam Mendes directing Robert Downey Jr.). Two CGI versions are in progress, as is a modern-day New York adaptation with Christopher Lloyd as the Wizard.