4.6 • 676 Ratings
🗓️ 23 March 2009
⏱️ 29 minutes
🧾️ Download transcript
We talk to Fox reality czar Mike Darnell about changes to that American TV behemoth, American Idol.
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0:00.0 | From KCRW in Santa Monica and KCRW.com, I'm Kim Masters, and this is The Business. |
0:11.9 | This week on the business, we talked to Fox Reality Tsar Mike Darnell about changes to American Idol. |
0:18.6 | What's it like to tweak the number one show on television when so many |
0:22.6 | fortunes depend on it? But first, it's Hollywood news banter. Stay close, it's the business |
0:29.6 | from KCRW. I'm joined in the studio by the business producer Matt Halsman. |
0:39.5 | What's the top of the news? |
0:41.0 | Let's talk about Monsters versus Aliens, a big 3D movie that opens this weekend. |
0:45.1 | Big 3D, but not as big as they thought because they're just not enough 3D screens. |
0:49.3 | Jeffrey Katzenberg, the chief executive of DreamWorks Animation, fell a little short. |
0:53.4 | He does not have 5,000 screens. He has fewer than 2000. And that $5 premium he wanted to charge, the theaters wouldn't go along. |
1:02.0 | Now, you broke a story in The Daily Beast that they're going to subsidize the cost of those 3D tickets. |
1:07.3 | Yes, Bank of America, in these troubled times, it turns out, has a sort of a stealth promotion, not a very heavily promoted promotion at this point, where they will give you a coupon to pay the premium, the extra charge that you would have to pay to go and see this movie because it's in 3D. |
1:21.4 | Okay, well, it's a stealth promotion now because banks are trying to lay so low, but maybe when they signed the deal six months ago, it was supposed to be a really big deal. |
1:28.7 | Who knows when the deal was signed? |
1:30.1 | It seems to be a little radioactive right now. |
1:32.3 | I called Bank of America, and they said, well, it's a perfectly reasonable promotion of our business, |
1:38.0 | and we want to reach families. |
1:39.5 | However, there's the awkward fact that one of the top DreamWorks executives, |
1:43.3 | the chairman of DreamWorks Animation, is formerly a top executive at Bank of America. |
1:48.4 | So it looks a little like Katzenberg said, oh, my God, they're not going for this premium price. |
1:52.9 | Hey, my friend over at Bank of America, help us out and do something. |
1:55.7 | I don't know if it was quite that way because I would assume this deal was in place some time ago before he found out that the theaters wouldn't pay the premium. I think maybe what happened is they had a deal set up |
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