"Blame it on the altitude. As the 2013 Sundance Film Festival kicked into high gear, one common refrain could be heard: Sale prices are exceeding even the best expectations. Mouths were agape as the dust settled Jan. 21 on Relativity Media’s colossal deal ($4 million upfront and a $25 million prints-and-advertising commitment) for Joseph Gordon-Levitt’s racy directorial debut, Don Jon’s Addiction. The sexually graphic film, which was co-repped by CAA and WME, was making a few buyers squeamish. Still, Relativity, which had never been a Park City player (the company’s sole previous Sundance pickup was the experimental Catfish in 2010), swooped in and struck the biggest domestic deal ever for a Sundance title, when counting P&A. Then on Jan. 22, Fox Searchlight bought the dramedy The Way, Way Back for $9.75 million. 'There is a certain hype taking over this year, where buyers are spending wildly for films,' says one buyer who was empty-handed as of Jan. 22 after being beaten by a distributor willing to plunk down low seven figures for a hot documentary. 'You’re seeing a feeling of panic setting in for buyers who think they have to have a film, and have it now.' In fact, low seven figures became the de rigueur price for documentaries, as at least four commanded $1 million-plus: Pussy Riot — A Punk Prayer (HBO Films), The Summit (Sundance Selects), Twenty Feet From Stardom (The Weinstein Co.’s Radius label) and Blackfish (Magnolia Pictures and CNN Films). During last year’s festival, only one doc sold for $1 million or more." (THR)
"I went to Michael’s for lunch. It was Wednesday, after all. I was most interested because Michael launched a brand new menu yesterday. I’m not a gourmand and menus are basically only interesting to me when I’m looking at them. But this is a big deal. Michael is famous in the foodie world. He’s like a Jesuit priest of the restaurant business. Or maybe a cardinal in the kitchen. I’ve been lunching there for years as you may have read here before (and before that). He’d change his menus with the seasons. Eighteen or nineteen items and one soup per. Now there are 42 or 45 items. Smaller portions, but great variety. A little of this, a little of that. I had lunch with Pax Quigley. We both ordered the Korean Steak Tacos – three for $16. Pax ordered a side of brussels sprouts – $8. I ordered a Margherita pizza (8”) – $16 and the Iceberg Lettuce Salad with Bacon, Shaved Baby Vegetables and Blue Cheese Dressing – $12. Plus two iced teas (the Barbara Bush) and a bottle of plain water; plus two cappuccinos. Total $104 with tax. Did we eat less, or did we eat more. It might have been both because it was 'enough,' but a lot of it. All of it delicious. Something new. Plus there was sharing, which I am told is the new serving style. Not the your-fork-on-everyone’s plate sharing. Smaller portions, lower price, and sharing. Some people say it’s not new. It is for me. So I’ve only tried three of the items, with a lot more to look forward to ... It was Wednesday so it was busy. Mayor Joe Armstrong was there with David Zinczenko, Herb Siegel was lunching with John Mack of Morgan Stanley; Manuela Hoelgterhoff of Bloomberg’s Muse was there with one of her colleagues, Dan Billy. Tony Hoyt was lunching with Paul Tsigrikes of the WSJ, and Arlyn and Ed Gardner, one of the smartest, most gracious and sophisticated couples in New York. Desiree Gruber with Anne Fulenwider, Editor-in-Chief of Marie Claire; Kay Koplovitz; Fern Mallis with Micky Ateyeh. Right next door in the bay, Bonnie Fuller of Hollywood.com was hosting her weekly Wednesday get-together with her colleagues Penske Media’s Vice Chairman, Gerry Byrne and publisher Carlos Lamadrid, and a Real Housewife, Aviva Drescher, Patrick O’Keefe of Matrix, Serena Kodila of Sirius XM, Activate’s Michele Anderson, Island Def Jam’s Laura Swanson, Julian Brodsky of Comcast." (NYSocialDiary)
"The epicenter of LA's underground au courant is not, as might be expected, in some downtown warehouse or Echo Park enclave, but right on Hollywood Blvd, adjacent to the sidewalk star of Jimmy Jam and Terry Lewis. Hidden in plain sight since late 2011, behind the fogged up windows of a former department store, is Freak City, a five-story subcultural wonderland helmed by the duo of Justin Time and Vally Girl. They deem Freak City a 'fashion gallery' but that's an understatement. By day, it's a boutique selling a mix of Vally's original designs and a truckload of weird vintage finds, as well as a gallery space with revolving exhibits. The shop and the gallery occupy merely the ground floor; the rest of the space is a creative playground for homegrown art, music and video projects (veteran NY graffiti artist PHADE was busy at work on the second floor during our visit).Occasionally they also use the space for epic afterhours parties (in a MixMag interview, Diplo once famously crowned Freak City his favorite club), though currently they've put the parties on hold to focus on their artistic endeavors. They describe their aesthetic as 'NU ghetto,' essentially old-skool rap style viewed though the prism of the digital age. " (Papermag)
"Senate leaders agreed Thursday on a grand deal to reform filibusters that does little to end the practices that got the filibuster reform movement started in the first place: the ability of individual senators to block legislation or nominations and force the majority party to find 60 votes to get anything done. In true Senate fashion, the deal first and foremost averts a potential partisan showdown known by critics as the 'nuclear option' where Democrats were preparing to muscle through a series of changes on a party-line basis — something that could have had dramatic repercussions for the future of the Senate. Liberals led by Sens. Tom Udall (D-N.M.) and Jeff Merkley (D-Ore.) wanted Reid to implement the talking filibuster reform, which would force senators seeking to block legislation to actively hold the floor and debate. Once they stopped talking, the matter would proceed to a majority vote. That reform will not be included. Instead, Reid and McConnell have agreed to a series of modest changes designed to speed up the pace of business on the Senate floor but still allow disgruntled lawmakers to wage filibusters with ease. Their package would eliminate the ability to filibuster motions to proceed to new business. Under current rules, a senator can hold up a motion to even begin debating legislation. The majority leader would be able to bar a filibuster on a motion to proceed if he allows each side votes on two amendments, according to a Senate aide familiar with the package. Non-germane amendments would be subject to a 60-vote threshold, under this scenario. The tentative deal would expedite the process for sending legislation to conference negotiations with the House. But lawmakers would still be allowed to filibuster any effort to send legislation to a Senate-House negotiation." (TheHill)
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