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Florida Seeks $20M Lost In Digital Domain Debacle

Visual effects studio in the middle of bankruptcy

A visual effects studio that once planned to compete with the rest of Hollywood by using college students paying them tuition to work on films, is already facing bankruptcy. But now it has the ire of Florida state officials who are demanding they get the $20 million they invested in the company to m ...

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'Avengers' Score Biggest Second Week In History

Ticket sales drop 50 percent ... but that means another $100M

Don't let second-week blues get "The Avengers" down -- especially if this movie's second week is more than what most movies would scrounge up their entire run. The Joss Whedon-directed comic book flick earned an estimated $103.2 million at the box office this weekend -- just its second week in re ...

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'Hunger Games' Poised To Win Third Straight Weekend

Expected to capture $300M by Monday

Not even James Cameron can knock "The Hunger Games" down. The dark post-apocalyptic drama earned $12.9 million on Friday, leading into what is expected to be a $30 million weekend for the film. That's well ahead of this week's new entries, "American Reunion" and "Titanic 3-D," and will most likel ...

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SciFriday: Digital Domain Needs A Different Approach

Charging students to generate free labor could hurt rather than help

As much as I love writing for Airlock Alpha, I've never made it a secret over the years that my ultimate dream would be the chance to develop abilities to create great fictional stories that at the very least my mom and people I bribe could enjoy. If I were to ever follow through with that, you k ...

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Universal Closes Jaws For Rumored Harry Potter Expansion

New attraction could center on Gringotts Bank at Orlando park

The ride through Gringotts bank, featured in the first and final Harry Potter movies, seems to be so exciting, Universal Orlando wants to develop a ride for it. That's great news for Harry Potter fans visiting the popular theme park in Florida. But it's bad news for one of the park's last origin ...

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Star Wars TV Series Will Help Movies Be Made Cheaper

George Lucas is ready to revolutionize motion picture ... again

George Lucas is out promoting his upcoming 3-D conversion project of his Star Wars trilogies, but he can't avoid talk on when -- if ever -- fans will get to see a live-action Star Wars television series. The project, Lucas told G4, is sitting on a shelf, waiting for technology to catch up. But hi ...

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'Terra Nova' Not Plagued By Cost Overruns

Reporters describe the series having an 'Avatar' visual feel

Fox is ready to give America a sneak peek at its new "Lost" in time series "Terra Nova" in May. And despite the delays on getting it on the schedule, the network remains quite excited about it. And when we say "excited," we mean, "not costing us extra money." Peter Rice, Fox's entertainment ch ...

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James Cameron Wants To Film Avatar Sequels Back-To-Back

PLUS: No one really dies in science-fiction, not even Sigourney Weaver

There won't be 12-year waits between film projects this time for director James Cameron. The man who can lay claim to the highest-grossing movie and second highest-grossing movie of all time (not counting inflation) says he's hard at work on more from the universe of Oscar nominee "Avatar," and t ...

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Terminator Cartoon? Most Likely Not

New holder of franchise rights tells former production company to stop plans, but how would the $70 million price tag be funded?

If there is a Terminator animated feature to be produced, it won't come without the blessing of the new franchise rights holder. Pacificor LLC, the hedge fund manager that acquired the rights to Terminator last winter for nearly $30 million, said plans by Eric Parkinson, the former chief executiv ...

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Digital Domain Seeks Bankruptcy, Faces Auction

James Cameron's special effects house is coming apart

Digital Domain has filed for Chapter 11 bankruptcy protection Tuesday, temporarily holding off creditors who have threatened to take over the company based on past debts and losses that are measured in the tens of millions of dollars. The special effects house, founded by "Avatar" director James ...

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