4.6 • 676 Ratings
🗓️ 18 August 2008
⏱️ 29 minutes
🧾️ Download transcript
This week on The Business, six degrees of celebrity philanthropy with, of course, Kevin Bacon - actor, musician and on-line philanthropist.
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0:00.0 | From KCRW in Santa Monica, I'm Claude Brodesser Ackner, and this is The Business. |
0:04.1 | So you still want to do the show business, and you think that you got what it takes? |
0:09.1 | I mean, you really got a rap and be all at. |
0:11.6 | Aftercare yourself for the brakes, check it out. |
0:14.0 | This week on the business, it's six degrees of celebrity philanthropy with actor and musician Kevin Bacon. |
0:19.9 | He's behind a website that wants you to give |
0:21.8 | away money like you're a star. But first, it's the Hollywood News Caravan. Go nowhere. It's |
0:27.3 | the business from NPR. The longtime producing partner of Tom Cruise, Paula Wagner, said last week |
0:36.9 | that she'd be leaving her |
0:37.9 | job as CEO of United Artists, the venture she co-owns with Cruz. Quote, as much as I've enjoyed |
0:44.0 | my time as an executive, I have longed to return to my true love, which is making movies. So, |
0:49.7 | that's what I've decided to do, end quote. Those are some amusing parting words, because the real reason Wagner is leaving United |
0:56.2 | artists is precisely because she was supposed to be making movies, but wasn't. Given half a |
1:01.6 | billion dollars from Merrill Lynch, to date, Wagner and Cruz have made just two films in two |
1:06.2 | years at UA, both cruise vehicles, Lions for Lambs, which crashed and burned, and Brian Singer's |
1:11.4 | Nazi drama, Valkyrie, which has been grounded more often than a United Flight out of O'Hare |
1:15.9 | in December. Meanwhile, Hollywood production is showing signs of coming back to life, despite the |
1:21.7 | lack of progress between the Screen Actors Guild and producers. Normally, the lack of such a deal |
1:26.8 | would have shut down production |
1:28.0 | indefinitely. Studios would be unwilling to risk having to shut down a big movie before it was |
1:32.5 | finished shooting due to a strike. But the math is against SAG. So many of its members are also |
1:38.3 | members of AFRA, and AFRA already reached a deal with producers. As such, SAG couldn't possibly get a strike authorization, |
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