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ENTERTAINMENT NEWS
May 17
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Entertainment News May 17


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helpimage INDUSTRY AGENTS HEADED FOR HARD TIMES

Just hours after his first big studio vehicle, “Speed Racer,” sputtered at the box office on its opening weekend, Emile Hirsch dropped his UTA agent Shani Rosenzweig.

The move sent shockwaves through agencies all over town, to say the least. After all, it was hard to fault a decision to vault a young indie actor into a branded tentpole steered by “The Matrix” team of Larry and Andy Wachowski and producer Joel Silver.

The abrupt departure is the latest in a flurry of agency-hopping taking place across the industry. But unlike past movement in the tenpercentery world, these can’t be written off as routine churn. This time, it’s becoming apparent that the defections are the fallout from the fact that agencies are fighting over a shrinking pie.

Studios, with slates mostly full through 2010, refuse to hire talent for new production starts until a SAG deal is in place — leaving talent and their reps competing for the few jobs that are out there. The alternative is work cheap in indies or take the summer off.

On the TV side, the writers strike destroyed pilot season and resulted in many overall deals being canceled. It’s become so hard to make deals that one top agent says taking a straight commission has become more a profitable option than chasing a packaging fee.

“The unforeseen ripple-effect of the writers strike and the de facto actors strike is that studios have taken back all the leverage that once belonged to stars and their agents,” says one top agent who has moved to the production ranks. “Studios are rolling back and almost everybody is taking pay cuts. That has put a lot of pressure on artists, and that extends down to their representatives. It’s a scary time for all of them.”


DAILY BOX OFFICE RESULTS

CLICK HERE to read the WEEKEND Box Office Results! See how much IRON MAN made.

Read reviews of the top 6 films at the box office this weekend
RedbeltRedbelt
Directed by David Mamet
Starring
Chiwetel Ejitofor
Alice Braga

The Chronicles of Narnia: Prince CaspianThe Chronicles of Narnia: Prince Caspian
Directed by Andrew Adamson
Starring
Ben Barnes
Sergio Castellitto



Speed RacerSpeed Racer
Directed by Andy Wachowski
Larry Wachowski
Starring
Emile Hirsch
Christina Ricci

What Happen in VegasWhat Happens in Vegas
Directed by Tom Vaughan
Starring
Cameron Diaz
Aston Kutcher



Iron ManIron Man
Directed by Jon Favreau
Starring
Robert Downey Jr.
Gwyneth Paltrow

Baby MomaMade of Honor
Directed by Paul Weiland
Starring
Patrick Dempsey
Michelle Monaghan



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helpimageTEN COMMANDMENT TABLETS TO BE SOLD AT AUCTION

Charlton Heston's most iconic movie treasures are to auctioned off as part of a massive memorabilia sale later this summer Tablets from The Ten Commandments and the kaftan and pallium the late Heston wore in Ben-Hur are among the items which will go under the hammer at the upcoming Profiles in History auction in Los Angeles on July 31 and August 1.

The Ten Commandments tablets, which are expected to fetch up to $60,000, were one of four used in the 1956 movie classic, and are considered to be the best preserved. They were given to The Sands Hotel in Atlantic City, New Jersey, where they have been on display for many years.

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A spokesman for Profiles In History says, "These tablets retain the beautiful red and black-speckled patina of the Mount Sinai-inspired granite, with translucent white engraved letters and nearly pristine edges. There are few props in the history of film that are so easily recognizable, and so coveted by seasoned collectors of original Hollywood film relics. Overall the tablets remain in exceptional condition."

Meanwhile, Heston's Ben-Hur costume is expected to fetch more than $12,000. The two lots are part of a 1,000 item haul, offered as part of Profiles in History's 32nd auction of Hollywood memorabilia.

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