Movie News in 60 Seconds: Oscar Nominees Dance Around Rules; China Welcomes Hollywood; Paul Sorvino’s Tax Movie

Movie News in 60 Seconds: Oscar Nominees Dance Around Rules; China Welcomes Hollywood; Paul Sorvino’s Tax Movie

Feb 21, 2012

The Artist

Oscar Nominees Dance Around Rules: The Academy of Motion Picture Arts and Sciences has rules set forth to limit Oscar campaigns, but clever and experienced award veterans like the Weinstein Co. and Fox Searchlight know how to dance around them, according to Reuters. A photo opportunity for The Artist (pictured above), based on the very first “Made in Hollywood” award and presented by an L.A. city councilman, was cited specifically. Other “thinly veiled civic or educational” events included ones that were were sponsored by Fox Searchlight (The Descendants) and Dreamworks (The Help).

China Welcomes More Hollywood Films: The foreign film quota for China remains limited to 20 per year -- mostly from Hollywood -- but a new agreement will allow an additional 14 foreign films, as long as they are presented in IMAX or 3D. BBC News says the profit share allowed for foreign films has also been bumped up, from 13% to about 25% of ticket revenue. Reportedly, Hollywood studios are delighted with the new deal, as well as they should be, since China represents a huge market that is yet to be fully swamped with films in IMAX and 3D.

Your Tax Dollars At Work: The directorial debut of actor Paul Sorvino will receive its first showing tonight at Arizona’s Sedona Film Festival. The Trouble With Cali, a comedy about “an aspiring dancer and her dysfunctional parents,” was shot in Pennsylvania and initially funded with $500,000 in county taxpayer money. The project ran short on funds and Sorvino was questioned about the county’s investment; Sorvino ultimately spent $300,000 of his own money and raised an additional $500,000 to finish the project, per The Associated Press.

 

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