Trade Round-Up: Harvey Weinstein Glutting Himself At Sundance Acquisition Buffet
· Yesterday's Oscar nominations lead studios to adjust the release strategies for their recognized films, with Warner Bros. expanding The Departed from about 100 to almost 1500 screens and adding more showings of Iwo Jima this Friday; meanwhile, a despondent Paramount will fight the urge to yank Dreamgirls from theaters over its Best Picture snub. [Variety]
· A re-energized Harvey Weinstein continues his Sundance "feeding frenzy," "gobbling up a smorgasbord of films," bragging, "At this point, I'm buying shit just to piss off Sony Pictures Classics. Fuck, I'm good." [THR]
· American Idol continues to crush the hopes and dreams of rival network execs, pulling in 32.6 million more viewers even when hampered by the State of the Union address. [Variety]
· Dreamgirls' failure to be included in the Best Picture race deprives Oscar handicappers of the reliable predictive strategy of picking the most-nominated film to win the big prize, throwing the entire race into utter, wide-open chaos. [THR]
· Former MPAA head Jack Valenti defends the organization's pilloried ratings system, noting that surveys reveal that it serves its intended purpose of helping parents shield their children from exposed breasts while simultaneously allowing them maximum exposure to graphic violence. Also, a white elephant is mentioned, whom Valenti credits with originally dictating the ratings guidelines to him. [Variety]