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Jun 9
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With the current scramble to offer Hollywood filmmakers major tax credits and incentives, it couldn't be long before there were some who started questioning how far it should go.
Lowell L. Kalapa, of Hawaii talks of his opposition to recent incentives approved by Governor Linda Lingle.
His major concern is that the advocates of the credit have argued the usual benefit that the credits will help attract new productions and make them competitive with other states in attracting those productions.
The problem is that not only do out-of-state companies get the credit, but in-state companies also.
Essentially taxpayers without any tax break will be called upon to subsidize those who claim the credit, without any benefit to themselves.
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Jun 8
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In conjunction with Meow Mix, Animal Planet channel has created a new reality show starring cats. Ten of them, which have been picked from animal shelters from all over the country, will live in a house in New York in...
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According to trade paper Daily Variety, TV hit "24" has been slated for a bigscreen production. Series creators Robert Cochran and Joel Surnow have inked the deal with 20th Century Fox to bring the popular show to the theater. While...
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Jun 7
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The Federal Communications Commission is getting ready to vote soon on a plan that would make cable companies carry extra channels that broadcasters are launching. With the emergence of digital broadcasting, TV stations now have the ability to present a...
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The Motion Picture Group, Inc. (MPRG), a production finance and services company, announced today that its Common Stock has obtained a dual listing and is now quoted on The Frankfurt Stock Exchange (FWB:M5Y.F), one of the world's largest trading centers...
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Jun 6
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AP Photo a As others before her, Katharine McPhee has found out that coming in second on American Idol, can be very rewarding too. McPhee, who came in second to Taylor Hicks in the top-rated finale a couple of weeks...
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Eminem settled a lawsuit with one of five companies he sued to stop illegal use of ringtones of some of his biggest hits. Colorado-based Cellus US, as part of the settlement which U.S. District Judge Gerald E. Rosen in Detroit...
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Jun 5
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Touchstone TV signed "Grey's Anatomy" creator Shonda Rhimes to a two-year deal for $10 million. This makes her one of the highest paid writer-producers in the industry. ABC is counting on the show to propel them forward next season, and...
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EMI Group announced on Monday that it was making its music catalog available to the first advertising supported peer-to-peer service, as the entertainment industry realizes that it must embrace this new model of entertainment business. The service will be called...
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With the rapidly eroding CD music sales market, Warner Music, smallest of the four major music firms, has went on a buying spree lately. Their most recent investment is in Japanese firm FrontMedia which produces radio programming for mobile phones....
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In the music and entertainment part of their business, Sony (SNE) has not been able to find its way for a long time. It hasn't helped that they have been having a huge battle with their European partner BMG, over...
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Jun 4
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Gretchen Wayne, wife of the late Michael Wayne (John Wayne's son) took on the dream of her husband to restore and offer on DVD, some of John Wayne's classic movies. Diana Saenger from About.com says: "The Batjac Suspense Collection,...
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Jun 3
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Venezuelan President Hugo Chavez instituted a film studio on Saturday for the purpose of countering the cultural "dictatorship" of Hollywood movie producers. Chavez who has called President Bush a terrorist, is a leftist hater of the free-market system (Hmm. I...
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Starbucks Coffee (SBUX) and Image Entertainment have teamed up to co-release a deluxe edition DVD/CD of Chuck Berry Hail! Hail! Rock ‘n’ Roll, the 1987 feature-length documentary from Academy Award-nominated director Taylor Hackford. The set will feature over 40 minutes...
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Mally Roncal is the famous make-up artist behind the "J. Lo Glow," the look we always see on Jennifer Lopez. She also works with the entertainers Beyonce and Mariah Carey. She has become a celebrity in her own right as...
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Jun 2
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According to business online, Google (GOOG) is planning a new version of its search engine, specifically designed to be used on TV screens. Google executives say that it will rival traditional television. Chief executive Eric Schmidt told The Business: “At...
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Clear Channel Communicatios, the No. 1 U.S. radio broadcaster, was implicated in a lawsuit on Friday of cutting back the competition in concerts and then hiking up the ticket prices. The class-action lawsuit, which was filed in Denver federal court,...
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With the steady erosion of DVD sales, major retailers are negotiating with Hollywood studios to develop kiosks where movies and TV shows can be digitally downloaded. The DVD market isn't as lucrative as it used to be and digital downloads...
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Starbucks Corp. (SBUX) named Alan Mintz as their new vice president of content development for its entertainment division, according to Reuters. He replaces Don MacKinnon who left several months ago. Mintz is an entertainment attorney and music executive who has...
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Jun 1
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Amazon.com (AMZN) is asking their users to vote for the third year in a row on which older, forgotten movies they'd like to be able to buy on DVDs. For the entire month of June, visitors to Amazon.com's site will...
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