Wednesday, May 15, 2013

Sony Worldwide Signs Multi-Market Deal for Justin Timberlake's Neil Bogart Biopic


Sony Worldwide Signs Multi-Market Deal for Justin Timberlake's Neil Bogart Biopic
On the eve of the Cannes Film Market, Sony Pictures Worldwide Acquisitions has struck a multi-territory deal for Foresight Unlimited’s Neil Bogart biopic "Spinning Gold," headlining Justin Timberlake as the infamous record executive who was closely aligned with the rise of disco.
The initial pact is for Latin America, Scandinavia and Eastern Europe, including Russia, Czech Republic, Hungary and Poland. Sony Worldwide is expected to acquire rights for additional major territories in the coming days.
Mark Damon's Foresight is financing and producing "Spinning Gold" (Damon knew Bogart). On Wednesday, Timberlake and Foresight will co-host a brunch in Cannes for foreign buyers to plug the film, followed later in the evening by a music-laced party.
Timothy Scott Bogart, Neil Bogart’s son, wrote the script and is producing alongside Laurence Mark, Gary A. Randall, Timberlake and Damon.
The film is set to start shooting early next year, although a director hasn't yet been announced. RCA Records will also partner on the project and will release the movie’s soundtrack. CAA is representing domestic rights.
"Spinning Gold" is described as a rags-to-riches story chronicling the tale of a poor kid from Brooklyn who went on to define the pop music culture of his time. In his day, Bogart, who died at the age of 39 in 1982, was credited with discovering and launching the careers of a generation of superstars, including Curtis Mayfield, Bill Withers, Gladys Knight, KISS, Parliament, Donna Summer and the Village People.
“The Sony Pictures Worldwide Acquistions group are great partners, so we are delighted to be working together again on what is going to be a music extravaganza of a film,” Damon said.
“With the full support of Justin, who will be in Cannes to meet with the international buyers on the first day of the film festival at a special event to launch the film, we feel confident Spinning Gold is hitting all the right notes.”
The deal was negotiated by Foresight president Tamara Birkemoe and Jenna Sanz-Agero on behalf of Foresight, and Michael Helfand, executive vice president of business affairs, Joe Matukewicz, senior vice president of acquisitions, and Jon Freedberg, vice president of business development, on behalf of SPWA.

O.J. Simpson Back in Court to Bid for New Trial


LAS VEGAS (AP) — The shackles and blue prison garb seemed to weigh down O.J. Simpson as he returned to a Las Vegas courtroom on Monday to ask for a new trial in the armed robbery-kidnapping case that sent him to prison in 2008.
Looking grayer and heavier, the 65-year-old former football star and TV pitchman was flanked by guards as he nodded and raised his eyebrows to acknowledge people he recognized in the audience.
A marshal had warned onlookers not to try to communicate with Simpson, and no words were exchanged.
Still, a close friend saw a flash of the old, magnetic Simpson personality.
“Not much muscle tone,” observed Sherman White, a former NFL defensive lineman, teammate and friend of Simpson since they both played for the Buffalo Bills. “But you saw a little of the O.J. pizazz when he came in.”
Simpson later conferred with his lawyers and listened intently to testimony from his daughter Arnelle Simpson and other witnesses.
Simpson, now more than four years into a minimum nine-year prison term, will be in court all week to claim that he had poor legal representation in the trial involving the gunpoint robbery of two sports memorabilia dealers in 2007 in a Las Vegas hotel room.
Simpson’s drab appearance contrasted with the fancy clothing he wore during his acquittal in his historic, high-profile 1995 murder trial in Los Angeles. The suit he wore then is now part of the Newseum collection in Washington, D.C.
The courtroom on Monday was partly empty, and an overflow room with closed-circuit hookups wasn’t needed.
Simpson hopes a new set of lawyers can persuade a judge that lawyer Yale Galanter, who represented him in the robbery case, had conflicted interests.
In a sworn statement outlining what he intends to say on the stand, Simpson said Galanter knew ahead of time about his plan to retrieve what he thought were personal mementoes from the memorabilia dealers in a casino hotel room.
Simpson also said Galanter never told him a plea deal was on the table.
Galanter was paid nearly $700,000 for Simpson’s defense but had a personal interest in preventing himself from being identified as a witness to the crimes and misled Simpson so much that the former football star deserves a new trial, lawyers for Simpson claim.
Galanter, who is scheduled to testify Friday, has declined comment before his court appearance.
“To me, the claims are solid. I don’t know how the court can’t grant relief,” said Patricia Palm, the Simpsonappeals lawyer who produced a 94-page petition dissecting Galanter’s promises, payments and performance in the trial that ended with a jury finding Simpson and a co-defendant guilty of 12 felonies.
Of the 22 allegations of conflict-of-interest and ineffective counsel that Palm raised, Clark County District Court Judge Linda Marie Bell has agreed to hear 19.
It was not clear whether Bell would rule immediately after the hearing.
Simpson maintains his plan was to take back what he expected would be family photos and personal belongings stolen from him after his 1995 “trial of the century” acquittal in the slaying of his wife and her friend in Los Angeles.
Simpson was later found liable for damages in a civil wrongful death lawsuit and ordered to pay $33.5 million to the families of Nicole Brown Simpson and Ronald Goldman.
In the Las Vegas case, Galanter blessed the plan involving family photos and personal belongings as within the law, as long as no one trespassed and no force was used, Simpson said.
The first witness on Monday was Dr. Norman Roitman, a Las Vegas psychiatrist who testified that Simpson’s perception of what took place in the Palace Station hotel room might have been hampered by the effects of stress, lack of sleep and several vodka and cranberry juice cocktails Simpson consumed before the confrontation.
“In those situations, people may focus on objects in front of them and be oblivious to other things,” Roitman said.
Simpson is expected to testify that to this day, he doesn’t know there were guns in the room. He has testified just once in open court before — during the wrongful death lawsuit.
During the robbery trial, Simpson contends, Galanter “vigorously discouraged” him not to testify, and never told him that prosecutors were willing to let him plead guilty to charges that would have gotten him a minimum of two years in prison.
“He consistently told me the state could not prove its case because I acted within my rights in retaking my own property,” Simpson said in the sworn statement.

update_bar
2:20 PM PT 
-- We're back again.

2:05 PM PT 
-- Break time.

1:42 PM PT 
-- Had he known he stood a chance of being convicted, O.J. said he would have insisted on testifying. He also said he definitely would have taken the plea deal if he knew about it.

051513_oj_launch
1:36 PM PT 
-- O.J.'s testimony is making it appear there was a major communication breakdown between him and Galanter ... O.J. said Galanter withheld a lot of important information from him about his case.

1:15 PM PT 
-- O.J. said he repeatedly tried to ask Galanter to testify. but Galanter assured him it wasn't necessary. O.J. said Galanter told him there was no way he'd be convicted. O.J. said he wanted to testify.

1:10 PM PT 
-- O.J. said Galanter never told him about a possible plea deal that would have gotten him a reduced prison sentence, despite there being discussions about one.

1:00 PM PT 
-- And we're back!

12:00 PM PT
 -- It's lunch break time. O.J.'s testimony will resume at 1:00PM PT.

gray-bar-update
O.J. Simpson
 is on the stand in his bid for a new trial, begging the judge to give him a second shot in the 2007 armed robbery case that landed him in prison ... and we're live streaming his testimony.

For the most part, O.J. has been recounting the events leading up to the incident on September 13th, 2007 -- when he barged into a hotel room at the Palace Station in Vegas, flanked by a bunch of dudes, to retrieve a bunch of sports memorabilia he claims had been stolen from him.

O.J. is currently serving a 33-year prison sentence, but he's asking for a new trial on grounds his previous attorney Yale Galanter torpedoed the case to save his own neck.

O.J. has claimed Galanter knew about his plan to retrieve the memorabilia from the 2 memorabilia collectors ... and advised O.J. not to take the stand in his defense so he wouldn't name Galanter as a witness.


During his testimony today, a relaxed-looking O.J. explained that he spoke to Galanter about retrieving the items the night before the robbery took place ... but there was no mention of guns or the use of force.

O.J. admitted he had been drinking before the incident -- drunk enough that he wouldn't drive a car -- but insisted he was never aware that a gun had ever been used (or even brandished) during the incident. To this day, O.J. says he has no knowledge that a gun was ever used.

O.J. said he believed he was legally entitled to do what he did at the time because he didn't do anything his lawyer told him not to do -- i.e. breaking in, or using force. He was so confident that he had acted legally that he gave detectives his phone number to contact him about what took place.

To prove Galanter was aware of the plan to retrieve the items from the hotel room, O.J. said Galanter had specifically requested one of the items for himself ... an old suit.

O.J. was also asked if Galanter had ever offered to serve as a witness in his case because of his knowledge of the incident. O.J. said no. He said Galanter never warned him about the "perceived" use of force in the hotel room either.

And there's this ... O.J. said Galanter only showed him a portion of the audio recorded during the hotel incident, the same audio TMZ posted back in 2007.

Simpson was famously grilled on the stand in the 1996 civil trial when he was found liable for killing Nicole Brown Simpson and Ron Goldman -- but he's never spoken under oath in a criminal case.

It's been interesting.

[source]: http://www.tmz.com/2013/05/15/oj-simpson-testimony-new-trial-armed-robbery-prison/#ixzz2TOsyqVDx 

Uncle Sam to Matthew Knowles: “Pay Up!”


0510-matthew-knowles-gettyUncle Sam says Matthew Knowles owes them over $1.2 million. According to TMZ, The IRS filed a lien against Knowles, claiming he owes money from as far back as three years ago.
Knowles allegedly owes $485,575.95 from 2010 and $728,004.89 from 2011, which totals $1,213,580.84. We don’t know what his financial status is but surely he has loads of cash from his days as Beyonce’s manager. Hopefully, he does what he needs to do so he doesn’t end up in jail.
TMZ (CA)-The Good News: Beyonce's dad, Mathew Knowles, raked in BOATLOADS of cash during the years he managed B's career ... we're talkin' millions. 

The Bad News: The IRS says he still owes all sorts of taxes on some of that income -- over $1.2 MILLION. 

Uncle Sam just filed a ridiculously large lien against Knowles, claiming he needs to cough up some cash from the years 2010 ($485,575.95) and 2011 ($728,004.89) ... all totaled, $1,213,580.84. 

It's no wonder the bill is so high ... Beyonce is arguably one of the highest grossing musical talents OF ALL TIME -- and during the years 2010 and part of 2011 MK was still managing her career. Not to mention his slew of other projects, including his own recor

[source]: http://www.tmz.com/2013/05/13/beyonce-dad-mathew-knowles-million-tax-lien/#ixzz2TOqfvoh1 

AFTER SUFFERING GUNSHOT WOUND, ARAABMUZIK WIPES SLATED SHOW DATES


Dipset's AraabMuzik is reportedly going the safe route after being shot a few weeks ago in New York by nixing plans to perform at various events beginning this weekend.
According to reports, the producer has started wiping away datesstarting Saturday (May 18).
As MVP of the MPC remains on hospital bed rest, fans will be displeased to find out he will have to forgo several upcoming shows. AraabMuzik was shotduring a robbery attempt in hishometown of Rhode Island several weeks ago, and the famed producer is currently recovering from the wounds. A spokesperson for the Professional Use Only DJ has stated that AraabMuzik has cancelled six consecutive shows, beginning with an appearance at the University of Chicago on May 18. His recent circumstances haven't been able to keep him away from his beat machine and he has the Facebook photos to prove it. (VIBE)
Araab used his Instagram page earlier this month to speak to concerned fans and provide a hospital bed photo of himself.
"#Recorvering. I would like to thank everybody that wished me well, I appreciate all the love from all over the world!! #MVPOFTHEMPC," he wrote May 4th. (AraabMuzik's Instagram)
The near-death story caught the attention of various hip-hop artists like Def Jam's Fabolous.
"Heard some bad news about my bro @araabMUZIK, he's a incredible talent. Let's all wish him a fast recovery!!," Fab tweeted over the weekend. (Fabolous' Twitter)
Fellow Brooklyn, New York rapper Joell Ortiz acknowledged the producer's situation. 
"@araabMUZIK Healthy and speedy recovery my brother!!" (Joell Ortiz's Twitter)
Details behind the shooting surfaced across the Internet in early May.
AraabMuzik is recovering after he was shot earlier this week in an attempted robbery. His manager, DukeDaGod, posted an Instagram photo of the producer and MPC virtuoso in the hospital surrounded by a crew of his friends. "Everyone wish my brother @araabmuzik a healthy & pleasant recovery!!!! #Mvpofthempc #Soblessed," reads the post. Rapper Avatar Darko shed more light on the situation on Twitter. "My lil brodi too trill! They tried to rob him and he ain't come up off his shit so they tried get him outta there!" he wrote. (Rolling Stone)
An Araab representative eventually stepped forward with a statement on what went down.
"Rumors have begun to circulate and first and foremost, we want to let everyone know that AraabMUZIK is currently alive and well," AraabMUZIK's camp said in a statement. "He was out in his neighborhood last night with friends and unfortunately the victim of being in the wrong place at the wrong time. He is recovering now and police are investigating the crime. We appreciate all the concern and fan support and Araab is looking forward to a speedy recovery and returning to the stage as soon as he can." (Billboard)

College Degree Needed For Cashier Job at McDonald’s?

College Degree Needed For Cashier Job at McDonald’s?

By// Mariah Craddick
While it used to be the ideal first job for a sixteen-year-old high school student, a McDonald’s in Massachusetts says it doesn’t want any. According to the Washington Examinerthis McDonald’s posted an ad for an open cashier position that required not only one to two years of experience, but also a Bachelor’s degree. Huh?
“Sadly we’ve taxed-and-spent our way to an economy in which there’s intense competition for just about any job,” Evan Feinberg, president of Washington-based youth advocacy group Generation Opportunity, told the Examiner. “Combine that with government meddling in the student loan market that has artificially inflated the cost of higher education and young people are getting screwed over even worse than the country overall.” With youth unemployment at 11.5 percent and student loan debt continually on the rise, Feinberg sounds about right.
This begs many questions: What college degree holder would ever want to apply for a cashier position at McDonald’s (no shade, but really though)? Is a college degree even necessary to be successful in a position like this? While yes, it is important to know your numbers and how to count money, but a degree? And what about the high school kids?
Some may think that having a college degree will mean better communication, manners and overall customer service, but there are some degree holders who lack one or all three. But, the job market isscarce for college grads so maybe this could at least be good for them.

Sony Entertainment Spinout ‘Inevitable,’ Despite Claims to Contrary: Source



The idea of spinning out Sony Corp’s entertainment assets isn’t a new one. It’s been in the air at 550 Madison Avenue for several years, as the once-proud electronics giant lost market and mind share in the consumer electronics market to Samsung, LG and Apple.
In fact, Sony Entertainment insiders said in private conversations that despite CEO Kazuo Hirai’s protestations, they’re expecting some kind of entertainment spinout to happen within the next 12-18 months. Or, as one insider told me this morning, “They swore they weren’t selling the building [550 Madison] and they did. Need I say more?”

A former Sony senior management veteran described some sort of spinout of the entertainment assets as “inevitable.” (Sony Entertainment, led by Michael Lynton, includes Sony Music Entertainment, Sony Music, a 50 percent stake the number-one music publisher Sony/ATV, and the Hollywood studio Sony Pictures Entertainment.)
Even though Sony returned to a small profit in the fiscal year to March 31, the outlook remains bleak -- especially for the electronics units, which account for the bulk of its business.
This is where Dan Loeb of hedge fund Third Point comes in. Loeb, whose firm manages some $13 billion in assets, has had recent success in shaking up Yahoo's board last year after he built up a sizable stake in the Internet business. He's also credited with helping to recruit CEO Marissa Mayer from Google. Yahoo shares have risen 70 percent since she took the role.
Loeb has quietly amassed around 6.5% of the Tokyo electronics giant and has written a letter to the Sony board asking for several moves to revitalize the sleeping giant. At the top of his list is for Sony to place a 15-20% stake in Sony Entertainment on the public markets, leaving Sony in full control while generating cash from the public offering -- cash that could be very useful in helping to boost the struggling electronics business.
It’s worth noting that Sony’s entertainment assets are a relatively small part of a business that generated $72.3 billion in revenue last fiscal year. Sony’s combined music assets generated $4.7 billion in revenue in the year to March 31st and posted an operating income of $396 million, or operating margins of 6.5%. Sony Pictures brought in $7.8 billion with an operating income of just $509 million, or operating margins of 6.5%.
"Margins at studios like Fox are double what Sony's studios do because there's too much fat,” a source said.
The key here for the entertainment business is the margins, said one former insider. As Loeb points out, Sony’s entertainment assets are simply underperforming and would be forced to perform much better under the harsh lights of public markets.
“To give a glimpse of the hidden value attainable, if Sony Entertainment simply achieved peer group margins, EBITDA would increase by as much as 50%,” writes Loeb in the letter to the board. “In our view, such an increase, at a modest valuation of 9x EBITDA, would contribute an incremental ¥625 billion in market valuation or ¥540 per Sony share.”
But a person with knowledge of the business’s finances pointed out the margins were weakest at Sony Pictures, which has had few movie hits in recent years and relies on its TV syndication business for a good proportion of its profits. While Sony’s music business still has several highly paid executives, its recent successes with the likes of Adele and One Direction have helped improve the picture.
Sony's leadership under Hirai is very much on the path to change. Dan Loeb might just have put them on the fast track.

SCARFACE ON 2PAC SHOOTING: "I COULD HAVE SAVED THAT BOY" [VIDEO]


Houston rapper Scarface recently reflected on his late friend Tupac Shakur's legacy and admitted he could have possibly saved his life from multiple shootings.
In Face's opinion, his presence around Pac helped alleviate tensions and let onlookers know nothing would go down without him being involved.
"On my way back to Houston," Face said when asked where he was when he learned Pac had been shot. "No, I'm lying, I was, uh, I was on a bus on my way back to Houston when I learned he got shot. Man, let me tell you something, man, when Pac got shot at the Quad Studios [in New York], I was right there in the DoubleTree [Hotel]. I know I would have been down there, you know what I'm saying? I would have been there. And it would have been a totally different scenario 'cause we were gonna die in that motherf*cker. You feel me? It's like that. Like, 'You not gonna f*ck with him, you not gonna f*ck with me.' That sh*t probably wouldn't have even happened. I think there's a lot of sh*t that goes on that I say, 'Man, I could have saved that boy if I was with him. I could have saved that headache.' That's with everybody. There's a whole lot of sh*t people go through. I could save you from that sh*t. Mike Tyson was my homeboy back then, I could have saved him from that bullsh*t -- I could have saved him from that bullsh*t." ("The Combat Jack Show")
Last year, Mobb Deep's Prodigy said former music executiveJames "Jimmy Henchman" Rosemond had Pac shot back in the mid-1990's.
Prodigy, who also feuded with 'Pac and was on the front lines representing the East Coast during the feud, recently reacted to Rosemond's confession. "People that are in the know, that know a lot of street people in New York, they knew that already," P told XXL of Rosemond's confession. I had a connection with 'Pac. We had friends in common from Queens. They started tellin' me the story about how 'Pac knew that had nothin' to do with Biggie. He was just tryin' to create controversy to sell records. He knew how to create that controversy to make it bigger in the media and all that type of sh*t. Just seein' it all come to surface now, it's just like, 'Wow.'" (XXL Mag)
Prior to Prodigy's comments, an attorney for Henchman came forward to address reports which suggested he admitted to having Pac shot.On Wednesday, Gerald Shargel spoke to MTV News in an effort to clear his client's name. "The statement by the prosecutor that Jimmy Rosemond had confessed or admitted to being involved in the 1994 shooting of Tupac is totally false," he said. "He categorically and emphatically denied that he had participation or role in that shooting and that was clear from the outset." Shargel, who says he was present during the proffer sessions, believes that the prosecution misspoke in the court room. "Her statement was positively and absolutely false whether intentional, or not intentional. I think not intentional," he said. "She was not the prosecutor who sat in on any of the proffer sessions with Mr. Rosemond." (MTV)
Much like Scarface's comments, retired NBA star Shaquille O'Neal said he could have saved late rapper Notorious B.I.G. from his 1997 fatal shooting.
Shaq recently talked with ESPN's "Outside the Lines" about his friendship with the man born Christopher Wallace, which began when Shaq heard Biggie reference him and a song, and eventually included a collaboration on the song "Can't Stop the Reign." And he detailed how he made plans to go to Biggie's party the night he was shot, but never made it...something he understandably still thinks about. According to Shaq, he simply fell asleep that night, only to wake up to a phone call informing him his friend was shot. Shaq later wondered in his autobiography if his presence could have made a difference, which Biggie's cousin Lil Cease(who was present at the time of the shooting) believes it would have. (Sports Grid)
Check out Scarface's interview: