HBO Films shifts to theatrical releases for prestige
HBO Films pursues theatrical releases alongside premium cable premieres to boost prestige and reach. Gus Van Sant's Last Days competes for Cannes Palme d'Or while most titles still premiere on HBO, a strategy to attract filmmakers and audiences despite subscriber risk.
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New York
HBO Films
Gus van Sant
Kurt Cobain
HBO
New Line Cinema
Newmarket Films
Colin Callender
Callender
Detroit considers 2 percent fast food tax plan
Detroit faces a 300 million budget gap as Mayor Kwame Kilpatrick proposes a 2 percent tax on fast food meals, on top of the 6 percent state sales tax. If approved by voters and lawmakers, the plan would raise about 17 million next year but faces opposition from critics who warn it would hit the poor hardest and complicate economic development.
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Kwame Kilpatrick
Kilpatrick
Bloomfield Hills
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Ebony Ellis
Golden Arches
New York
Felix Ortiz
National Restaurant Association
Men’s Health Magazine
Robert Wassmer
Carlos Osorio
THE
Associated Press
Bangladesh to fix uniform gas tariffs for foreign investors
Bangladesh will set fixed gas prices for foreign investors to build gas based plants to attract overseas capital. The plan aims to end protracted negotiations and follows a uniform pricing model to be used for long term supply contracts, energy minister A K M Mosharraf Hossain said in The New Age report.
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Bangladesh
New Age
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Hossain
Blockbuster Heads Into High Stakes Shareholder Vote
Dallas Blockbuster Inc faces a pivotal proxy contest between chief executive John Antioco and investor Carl Icahn. Shareholders weigh Antioco’s plan to expand online rentals and curb late fees against Icahn’s call for spending cuts and cash returns. A mixed result could keep Antioco as chair while adding two Icahn allies to the board. Analysts estimate 2005 spending rising about 170 million and potential loss of up to 500 million in late fees. Antioco says he has reached out to sympathetic holders but won’t predict the outcome.
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Dallas
Blockbuster Inc
Carl Icahn
John F
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