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'The Grey' gets the green. 'The Help' cleans up
Posted on: 01/30/12
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'The Grey' brings in the green. Liam Neeson's "The Grey" became the actor's third action hit in a row, taking in $20 million and easily finishing first at the box office. Doing better than expected was Katherine Heigl's "One for the Money" while "Man on a Ledge" fell off and went splat. Box-office coverage from the Los Angeles Times and Movie City News.

Dilemma for DreamWorks. With its movies "The Help" and "War Horse" in the running for lots of Oscar love, the mood should be bright and confident at DreamWorks, the movie studio run by Steven Spielberg and Stacey Snider. Instead, though, the production company finds itself facing questions about its financial future as their initial investment from backer Reliance Entertainment runs out. The New York Times looks at the challenges facing Spielberg & Co.

Hey DreamWorks, I solved your dilemma. While the New York Times writes about DreamWorks' potential money crunch, the Wall Street Journal says that 94-year-old billionaire Kirk Kerkorian, who used to own MGM, again wants to be a player in Hollywood. While the WSJ didn't talk to Kerkorian (or even get a recent picture), Jay Rakow, one of his top aides, told the paper, "Our investment or investments could include a technology company with the potential to transform the entertainment industry to a studio or mini-major which can benefit from the infusion of cutting-edge technology." Perhaps Kirk can pick up the phone and call Steven Spielberg. Problem solved and my finder's fee is only 10%.

Too soon to tell? It's been a year since Comcast took over running NBC and the Financial Timessays the move is paying off for the peacock network. The story notes all the money Comcast has pumped into NBC for programming and new leadership. It's true that NBC is spending a lot to develop new shows and beef up its local stations. However, the fact that Comcast is investing in NBC doesn't mean it is proving profitable for the cable giant. If the network rises out of last place and starts making more money, then Comcast brass can pop the champagne.

Wait, you mean that's wrong? The ethics scandal tearing through media giant News Corp.'s British tabloids picked up steam over the weekend when several reporters from the Sun were arrested as part of an investigation into illegal payoffs from the press to police. Details from the Los Angeles Times and BBC.

The lesson is report before reporting. Before legendary Penn State coach Joe Paterno died, an erroneous report of his death was posted by a Penn State student website. Then CBS Sports picked up that wrong story and posted it as well, giving it legs. Now CBS Sports has canned the staffer guily of posting first and asking questions later. More from the Washington Post.

Inside the Los Angeles Times: "The Help" was the big winner at Sunday's Screen Actors Guild Awards.  Viacom Chief Executive Philippe Dauman saw his pay package drop by about 50% to only $43 million. A look at NBC executive Paul Telegdy, who oversees late night and alternative programming for the network. 

-- Joe Flint

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