The Paris Theater, which opened in 1948, has been saved by Netflix. Thanks to an extended lease agreement signed by the streamer, the historic Manhattan venue will officially remain open for business. 

“After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a-kind movie-going experience,” said Ted Sarandos, Netflix’s Chief Content Officer. “We are incredibly proud to preserve this historic New York institution so it can continue to be a cinematic home for film lovers.”

Per The Hollywood Reporter, however, Netflix isn’t planning on running the theater as a normal theater but rather plans to use it for its original movies, special events and other screenings (instead of relying on independent theaters to play its original movies). 

The post New York’s Paris Theatre Re-Opens appeared first on EverydayKoala.

Multiple outlets confirm that the Academy of Motion Picture Arts and Sciences has reversed its decision to hand out four awards during commercial breaks. The decision to relegate the awards for Cinematography, Editing, Make-Up and Hairstyling, and Live Action Short awards was voted on by the Academy’s membership was canceled following major backlash from a slew of Hollywood A-listers including Brad Pitt, Russell Crowe, George Clooney, Quentin Tarantino, Guillermo del Toro and more.

Academy president John Bailey and CEO Dawn Hudson issued a statement that reads ,“The Academy has heard the feedback from its membership regarding the Oscar presentation of four awards – Cinematography, Film Editing, Live Action Short, and Makeup and Hairstyling. All Academy Awards will be presented without edits, in our traditional format. We look forward to Oscar Sunday, February 24.”

The 91st Academy Awards take place Sunday February 24, at the Dolby Theatre, Los Angeles, California.

The post The Academy has Reversed its Decision: All Categories to Air Live appeared first on EverydayKoala.

Peter Lord and David Sproxton, who founded Aardman in 1972 have decided to transfer the company’s ownership to its employees. A majority of shares will be transferred to a trust, senior management will retain their positions and will form an executive board.

Lord and Sproxton of the multi-award-winning animation studio released a statement, which reads, “We’re not quitting yet, but we are preparing for our future. This approach, the creation of an employee trust, is the best solution we have found for keeping Aardman doing what it does best, keeping the teams in place and providing continuity for our highly creative culture. And of course, those that create value in the company will continue to benefit directly from the value they create.”

The two wish to ensure that the company retains its independence in an era of mergers and acquisitions.

“We’ve spent so much time building this company up and being so profoundly attached to it. It’s not a business to us, it’s everything, it’s our statement to the world,” said Lord. “Having done that for so many years, the last thing we wanted to do was to just flog it off to someone.”

Aardman is best known for Shaun the Sheep and Wallace and Gromit. The studio is currently shooting Farmageddon: A Shaun the Sheep Movie, which will be followed by Chicken Run 2.

The post Aardman Animations to Transfer Ownership to Employees appeared first on EverydayKoala.

The Paris Theater, which opened in 1948, has been saved by Netflix. Thanks to an extended lease agreement signed by the streamer, the historic Manhattan venue will officially remain open for business. 

“After 71 years, the Paris Theatre has an enduring legacy, and remains the destination for a one-of-a-kind movie-going experience,” said Ted Sarandos, Netflix’s Chief Content Officer. “We are incredibly proud to preserve this historic New York institution so it can continue to be a cinematic home for film lovers.”

Per The Hollywood Reporter, however, Netflix isn’t planning on running the theater as a normal theater but rather plans to use it for its original movies, special events and other screenings (instead of relying on independent theaters to play its original movies). 

The post New York’s Paris Theatre Re-Opens appeared first on EverydayKoala.

Multiple outlets confirm that the Academy of Motion Picture Arts and Sciences has reversed its decision to hand out four awards during commercial breaks. The decision to relegate the awards for Cinematography, Editing, Make-Up and Hairstyling, and Live Action Short awards was voted on by the Academy’s membership was canceled following major backlash from a slew of Hollywood A-listers including Brad Pitt, Russell Crowe, George Clooney, Quentin Tarantino, Guillermo del Toro and more.

Academy president John Bailey and CEO Dawn Hudson issued a statement that reads ,“The Academy has heard the feedback from its membership regarding the Oscar presentation of four awards – Cinematography, Film Editing, Live Action Short, and Makeup and Hairstyling. All Academy Awards will be presented without edits, in our traditional format. We look forward to Oscar Sunday, February 24.”

The 91st Academy Awards take place Sunday February 24, at the Dolby Theatre, Los Angeles, California.

The post The Academy has Reversed its Decision: All Categories to Air Live appeared first on EverydayKoala.

Peter Lord and David Sproxton, who founded Aardman in 1972 have decided to transfer the company’s ownership to its employees. A majority of shares will be transferred to a trust, senior management will retain their positions and will form an executive board.

Lord and Sproxton of the multi-award-winning animation studio released a statement, which reads, “We’re not quitting yet, but we are preparing for our future. This approach, the creation of an employee trust, is the best solution we have found for keeping Aardman doing what it does best, keeping the teams in place and providing continuity for our highly creative culture. And of course, those that create value in the company will continue to benefit directly from the value they create.”

The two wish to ensure that the company retains its independence in an era of mergers and acquisitions.

“We’ve spent so much time building this company up and being so profoundly attached to it. It’s not a business to us, it’s everything, it’s our statement to the world,” said Lord. “Having done that for so many years, the last thing we wanted to do was to just flog it off to someone.”

Aardman is best known for Shaun the Sheep and Wallace and Gromit. The studio is currently shooting Farmageddon: A Shaun the Sheep Movie, which will be followed by Chicken Run 2.

The post Aardman Animations to Transfer Ownership to Employees appeared first on EverydayKoala.