Thursday, October 28, 2010

“Hollywood movie producer looks to invest in Warren - Crain's Detroit Business” plus 2 more

“Hollywood movie producer looks to invest in Warren - Crain's Detroit Business” plus 2 more


Hollywood movie producer looks to invest in Warren - Crain's Detroit Business

Posted: 27 Oct 2010 11:54 PM PDT

Originally Published: October 27, 2010 2:23 PM Modified: October 27, 2010 3:16 PM

Warren-based exhibit marketer H.B. Stubbs is mulling a dozen possible locations to move its headquarters and operations because the company is in talks to sell its current 18-acre campus to a Hollywood movie producer for a studio.

Los Angeles-based Krane Media LLC plans to invest $22 million in a new movie production facility at the location Stubbs has occupied since 1960 at Mound and 11 Mile roads, said Scott Stubbs, president and CEO of the company founded in the 1940s by his grandfather.

Stubbs and Krane are working out a lease with an option to buy the 285,000- square-foot facility, and Stubbs could relocate as early as next spring, he said.

Initially, Krane is expected to rent about 50,000 square feet for work it has in its pipeline, Stubbs said. That could happen within a month.

Krane is still assembling financing for the project, and on Monday received confirmation that the site has been approved by the Warren City Council to become an industrial development district. That designation will allow Krane to qualify for tax breaks.

Stubbs has looked at downtown Detroit and at sites in Oakland and Macomb counties, but declined to say which specific sites. He said he's open-minded to the new location, which will be home to Stubbs' offices, creative space, warehousing and manufacturing needs.

Stubbs is looking for smaller space that will allow it to be more efficient, he said.

"We have more space than we need right now, given the industry," he said. "No one needs the same real estate footprint they did 10 years ago."

The company saw about $63 million in revenue in 2008, the latest figure available.

Clients include Hewlett-Packard, Panasonic, General Dynamics, Microsoft and newly added W. L. Gore & Associates Inc., maker of Gore-Tex fabrics.

Today, automotive clients that previously accounted for 75 percent of the company's business is now about 10 percent.

Locally, Stubbs does work for automotive clients such as Southfield-based Denso North America and Southfield-based Lear Corp. It previously did work for what are now General Motors Co. and Chrysler LLC.

Krane Media founder Jonathan Krane's producing credits include films such as comedy "'Look Who's Talking" and its sequel and thrillers such as "Face/Off" and "Swordfish."

Krane, who is married to actress Sally Kellerman, has been executive producer on nearly a dozen John Travolta movies.

According to a biography at the International Movie Database, he's produced 46 movies, both studio and independent, in his career.

The Michigan studio effort is part of Krane's project called The Edge that aims to produce, finance, and distribute five films a year.

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'Thriller': The movie? Hit song could moonwalk to the big screen - Entertainment Weekly Online

Posted: 27 Oct 2010 02:43 PM PDT

thrillerImage Credit: Everett Collection Good news just in time for Halloween: Deadline reports the Michael Jackson classic hit "Thriller" has inspired a film that's currently being shopped to various studios. Certainly we all remember the epic, groundbreaking video directed by John Landis from 1983: That red leather jacket! Yellow colored lenses! Awesome zombie pop and lock dance moves!

So how will this translate to a feature-length film? Kenny Ortega — who directed last year's This is It — is reportedly already attached to direct and Jeremy Garelick (The Hangover) is set to write the screenplay. (Does this means the walking dead will go to Vegas and steal Mike Tyson's tiger and marry Heather Graham?) And while the plot for the movie is still being kept under wraps, apparently it will have something to do with the "song's folklore," which, with lyrics like, "There ain't no second chance against the thing with forty eyes, girl," leaves the door wide open. Will the filmmakers extend Landis' video vision with misty graveyards and or go in a completely different direction? And is there anyone in Hollywood who could hope to compare with the King of Pop's dance moves? (Or, for that matter, Vincent Price's creepy cackle? )

What do you think PopWatchers? Would you want to see a movie based on "Thriller" and who would you like to see in it?

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New movies opening this week - Detroit Free Press

Posted: 28 Oct 2010 01:06 AM PDT

"The Girl Who Kicked the Hornet's Nest": The final installment in the trilogy of films based on Swedish author Stieg Larsson's books. Lisbeth (Noomi Rapace) is recovering in a hospital and awaiting trial for three murders while journalist Mikael (Michael Nyqvist) tries to prove her innocence. Meanwhile, Lisbeth plots revenge against the people who have wronged her. Rated R for violence, language and sexual content. In Swedish with English subtitles.

"Mademoiselle Chambon": A French husband and father volunteers at his son's school and starts to fall for a teacher in a film that explores the nature of desire and the consequences of acting on it. Not rated. In French with English subtitles.

"Saw 3D": As a deadly battle rages over Jigsaw's brutal legacy, a group of Jigsaw survivors gathers to seek the support of self-help guru and fellow survivor Bobby Dagen, a man whose dark secrets unleash a new wave of terror. Rated R for grisly violence, language and scenes of torture. Screenings tonight in select theaters.

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