Devoted to show business and the entertainment industry

In a very short time, Beyonce Knowles has put herself into position to become the highest paid black woman in Hollywood, with her performance in the upcoming Dreamgirls.

The show itself is a fictionalized mirror of the popular 1960s act Diana Ross and the Supremes. Many that have screened it believe it will have a chance at a number of Oscar nominations. Knowles has seen her film fee increase to $12.5 million. This is over twice as much as she earned "Austin Powers Goldmember." 

This comes at a time when a number of actors in Hollywood are taking pay cuts to be able to participate in potential Oscar winning pictures.

She is also projected to make $24 million on the Dreamgirls CD, where she is estimated to have an unually high royalty rate of 17 percent; especially since none of the music or songs were written by her.

With movie production having a temporary slowdown in Louisiana as a consequence of "Katrina," it is now coming back with a vengeance as numerous  projects are underway across the state.The latest film to get going is "Microwave Park," starring Robert... Continue Reading

Paramount has confirmed that it's signed Eddie Murphy to continue his role as Axel Foley in the upcoming fourth installment of the Beverly Hills Cop story. While the first two pictures did pretty well, this try isn't a guarantee this time... Continue Reading

Bloodsucking Hollywood Unions Trying to Get Even MoreWe've been hearing rumblings of discontent from powerful labor unions that represent writers, directors and actors in Hollywood, concerning compensation for imaginary income brought from the numerous platforms of digital distribution. With profits... Continue Reading

A number of former Hollywood executives, no longer part of the upper echelons of the industry, are finding themselves in the place of being pursued by cash heavy hedge funds and individuals looking for a place to put their money.... Continue Reading

British Sky Broadcasting (BSkyB) in a surprise move, bought a 17.9 percent stake in ITV for $1.8 billion. It makes BSkyB the networks largest single shareholder. With its audience share and ad revenue declining, the company has been under scrutiny... Continue Reading

It was only a matter of time before the move by Disney to offer its DVDs for sale on Apple's (AAPL) iTunes store brought the heat from the big retailers. Even though there has been a denial by the retailers... Continue Reading

In spite of battling for the same video, broadband, and phone subscribers, Cablevision Systems Corp. (CVC) and Verizon Communications Inc. (VZ) have struck a deal in the New York metro area for TV programming content. Light Reading reported:  "Verizon announced... Continue Reading

Within a month of putting itself up for sale, Clear Channel Communications Inc. (CCU) , America's largest radio broadcaster, has agreed to be bought out by Thomas H. Lee and Bain Capital Partners LLC. They valued the company at $19... Continue Reading

EMI Music and Gotuit Media Corp. have reached a licensing agreement where Gotuit's ONline Video Portal and On-Demand Cable Service will be able to offer viewers music videos from EMI's various artists. The deal, which is multiyear, has the two... Continue Reading

The NFL is being challenged concerning its practice of granting exclusivity to certain carriers or controlling the tier where cable operators can offer NFL programming. Jeffrey Pash, NFL executive vp told the Senate Judiciary Committee "The centerpiece of the NFL's... Continue Reading

Starz, LLC has announced that they are forming a new studio called Overture Films. The goal of the company is to offer between 8 to 12 full-length films a year; whether they produce them or buy them. One of the... Continue Reading

Richard Branson sold his mobile phone business to NTL for around $1 billion earlier this year. Part of the deal was that Branson would get an 11 percent stake in NTL. Now he's pushing to get the company to make... Continue Reading

In possibly his first TV role since the end of the X-Files series, David Duchovny is set to return to television playing a single father that has sex and drug addictions. The project at this time hasn't been named, but Duchovny... Continue Reading

Seeing an underserved, and seemingly willing audience, Fox has quietly building their new FoxFaith label to serve what they see as a potential strong growth area. The release of the film by Mel Gibson, "The Passion of the Christ," revealed... Continue Reading

Hired recently as the co-artistic directors of the top Sydney theater company, Cate Blanchett and her playwright husband, Andrew Upton, will make this their full-time job. They will begin their stint at the Sydney Theater Company in January of 2008.... Continue Reading

"Dancing with the Stars" has quickly become ABC's version of "American Idol," as the show has the highest ratings among unscripted series this season. It is also the No. 4 ranked show in total viewers behind heavyweights "Grey's Anatomy," "Desperate... Continue Reading

Frustrated with their venture into China, along with changes that no longer allow it to control its projects, Time Warner Inc. (TWX) is pulling out of the China movie business. Their initial reason for entering the Chinese market, was based... Continue Reading

Fresh off the largest commercial success of his career, Martin Scorsese has signed a four-year first-look deal with Paramount Pictures to produce and direct across multiple platforms. One unusual part of the agreement is that Paramount has an option on... Continue Reading

In another move that has frustrated networks, the Federal Communications Commission turned around and dismissed indecency charges against two shows, while upholding charges against two others. With the passage of a law by Congress increasing fines by a factor of... Continue Reading