A New Yorker profile
of consummate dealmaker Irving 'Swifty' Lazar. [more inside]
As the Writer's Guild of America strike wears on into its second week,
it seems appropriate to remember why they're striking in the first place. If you ask me, the terms seem almost too reasonable.
But in the defense of the studios, I'm sure the businessmen involved
have gotten used to spending those millions of dollars, and wouldn't want to see them go. Now that Broadway has shut down
in allegiance to their Hollywood compatriots, things are looking grim for anything to be resolved without more financial bloodshed.
Need cash to make your own blockbuster?
Edward Jay Epstein, author of The Big Picture
, reveals how they do it: by taking a popular franchise and turning to immediate write-offs in tax shelters such as Germany
, so that money starts coming in even before the movie enters production. No wonder we've been seeing so much crap
as of late, with poor box office figures
not hurting studios the way they really ought to.
Peter Jackson sues New Line.
Over money, naturally. Can 'the little hobbit that could' defeat the mysterious Dark Lordliness of Hollywood's Creative Accountants
? Well, it worked for Stan Lee