Hollywood braced for best picture photo finish at Oscars

Agencies
March 4, 2018

Hollywood, Mar 4: Hollywood is set for a real-life cliffhanger Sunday at the Oscars -- the race for best picture is coming down to the wire to cap an awards season overshadowed by scandal over sexual misconduct in showbiz.

Dark crime comedy "Three Billboards Outside Ebbing, Missouri" has begun to pull away in late betting for the industry's biggest prize, but Oscarologists believe fairy tale romance "The Shape of Water" and socially-conscious horror movie "Get Out" will make it a photo finish.

"I don't remember a year with so much uncertainty. There are at least four strong possibilities to win," Variety's awards editor Tim Gray told AFP, adding Christopher Nolan's sweeping war epic "Dunkirk" to the mix.

"I'm guessing that 'The Shape of Water' will win, but that's just a guess."

The 90th Academy Awards -- hosted for the second straight year by late night funnyman Jimmy Kimmel -- will be beamed live around the world by ABC from Hollywood's Dolby Theatre.

The show caps a difficult few months during which the industry has declared war on the pervasive culture of sexual impropriety unearthed by the downfall of movie mogul and alleged serial sex attacker Harvey Weinstein.

With the #MeToo and Time's Up campaigns against sexual misconduct and gender inequality dominating the 2018 awards circuit, this year's Oscars gala is seen as an opportunity for Tinseltown to support female filmmaking.

Greta Gerwig is only the fifth woman in Oscars history to be nominated for best director, but faces tough competition from Guillermo Del Toro, the runaway favorite for "The Shape of Water."

There was also the first nod in history for a female cinematographer, Rachel Morrison, who shot Dee Rees's racial drama "Mudbound."

- Avoiding another flub -

The Time's Up initiative is not planning a coordinated protest on Sunday -- like the striking red carpet "blackout" at the Golden Globes.

But leaders of the movement told journalists there would be "a moment that's been carved out" during the ceremony.

"It's really important that you know that Time's Up is not about the red carpet," said powerhouse Hollywood producer Shonda Rhimes ("Grey's Anatomy," "Scandal").

"And those women you saw on the red carpet representing Time's Up are now off the red carpet working their butts off being activists."

In another nod to the women's movements, the Academy of Motion Picture Arts and Sciences has tapped past winners Jennifer Lawrence and Jodie Foster to present the best actress Oscar, according to Variety.

Traditionally, the previous year's best actor winner would present that statuette, but Casey Affleck, who triumphed in 2017 for "Manchester by the Sea," withdrew under a cloud of sexual harassment accusations he denies.

Organizers are looking to rebound after last year's flubbed announcement by Warren Beatty and Faye Dunaway of the best picture winner -- the trophy was initially given to "La La Land," when the actual winner was "Moonlight."

In a surprise turn of events, Beatty and Dunaway have been tapped to present the same prize this time around, according to The Hollywood Reporter, although the Academy did not respond to AFP's request for confirmation.

- Box office record -

"The Shape of Water," a Cold War-set story of love between a mute cleaning woman and a mystery merman-like creature, tops the nominations with 13, although observers expect the spoils to be fairly evenly spread.

"Dunkirk" heads into Sunday's gala in second place with eight nods, while "Three Billboards" picked up seven.

Frances McDormand ("Three Billboards") and British veteran Gary Oldman ("Darkest Hour"), who have dominated the awards season, are expected to bag the lead acting statuettes.

The Oscars come this year with theaters registering the biggest February in domestic box office history, the $996.4 million total largely driven by the record-breaking success of Marvel's "Black Panther." 

"Reports on the death of movie theaters have, again, been greatly exaggerated," BoxOffice.com chief analyst Shawn Robbins wrote in a commentary on the new figures.

"The Post," ($18.1 million), "The Shape of Water" ($16.1 million) and "Three Billboards" ($12.2 million) were the month's top three earners among the best picture nominees.

According to the National Weather Service, the intermittent weekend rain is expected to die down in time for Sunday's ceremony, as around 3,400 guests descend on Hollywood Boulevard.

The ceremony has only been postponed because of the weather once in its history -- during the Los Angeles Flood that killed more than 100 people in 1938.

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News Network
July 11,2020

Mumbai, Jul 11: Bollywood veteran Amitabh Bachchan announced on Twitter late on Saturday that he tested positive for the novel coronavirus infection.

Taking to Twitter to announce the news, he said, "I have tested CoVID positive... " He added that family and staff had also undergone tests while Bachchan has been shifted to a hospital. 

Bachchan ended his tweet saying, "All that have been in close proximity to me in the last 10 days are requested to please get themselves tested !"

Bachchan, who was last seen in Gulabo Sitabo that released on OTT platforms, will be seen in Ranbir Kapoor-starrer Bhrahmastra.

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News Network
June 9,2020

New Delhi, Jun 9: Multiplex operator PVR on Monday said it has cut salary across various levels, laid off employees and deferred increments during the lockdown to mitigate adverse impact of COVID-19 on the business.

The company said at present it is not generating any revenue from exhibition business and related activities as cinemas across the country are shut following the directions from the regulatory authorities.

According to the company, closure of screens during the lockdown will have a significant negative impact on profitability and liquidity.

PVR has taken measures to reduce its personnel cost, including salary cuts across various levels in the organisation during the lockdown along with "reduction in headcount by way of layoffs/retrenchment" to mitigate the adverse impact of COVID-19 on the business.

Moreover, the board of the company, in its meeting held on Monday has also approved plan to raise Rs 300 crore through rights issue.

"Since Cinema Exhibition is the only business segment, company is currently not generating any revenue from admissions, food and beverage sales or other revenue and cash flow from operations," said PVR in an update.

Beginning from March 11, PVR started closing its screens in accordance with the order passed by various regulatory authorities and within a few days most of our cinemas across the country were shut down, it added.

The company will continue to incur committed cash outflows, including employee salary pay-outs, other overheads as well as payments for older working capital.

"This has and will have a significant negative impact on profitability and liquidity during lockdown and even thereafter till business comes to normalcy," it added.

Further, once the cinemas are re-opened, we may not be able to run our cinemas at normal capacity utilisation levels on account of social distancing measures that cinemas may be required to follow as well as health concerns that the patrons may have, the multiplex operator said.

"On account of this, our revenue and cash flow generation may be impeded even once we are allowed to restart operations," it added.

The company has also deferred decision on on increments to reduce its cost, it added.

PVR has also written to developers for waiving rental and CAM (Common Area Maintenance) charges for the lockdown period.

It is in discussion with developers for reducing rentals post re-opening and has invoked force majeure clause in its agreements with them.

Besides, the company has raised additional borrowings from existing bankers to shore up liquidity.

"As of March 31, 2020 the company had cash and bank balance of Rs 316 crore. As on June 7, 2020 cash and bank balance is Rs 227 crore (including undrawn bank lines)," it added.

Over reopening of theatres, PVR said that the government has come out with a phase-wise schedule.

In these guidelines cinema halls have been kept in the third phase of re-opening, where dates will be decided based on assessment of the situation.

"We are in continuous engagement with all regulatory authorities and hope to receive the necessary permissions for restarting opening in the near future," it added.

Currently PVR operates 845 screens in 176 properties in 71 cities.

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Agencies
May 18,2020

Muzaffarnagar, May 18: Bollywood actor Nawazuddin Siddiqui and his family has been quarantined for 14 days in his house in Budhana in Muzaffarnagar district.

The actor and his family underwent medical screening and have tested negative for Coronavirus.

The actor reached his home on May 15 after taking a travel pass. He and his family have been asked to remain in home quarantine till May 25.

His mother, brother and sister-in-law also made the journey with him in his private vehicle.

The actor told reporters that he underwent medical screenings at 25 points during his journey.

Kushalpal Singh, Station House Officer (SHO), Budhana police circle, said that the health officials had visited the home of the actor and ordered a 14-day quarantine for them.

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