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1 article from 1999

27 January 1999 | Studio Briefing - Film News | See recent Studio Briefing - Film News news »

At Sundance Miramax has landed distribution rights to Mark Illsley's comedy, Happy, Texas (1999). But today's Daily Variety indicates that the announced winning bid for the film, a guarantee of $2.5 million plus a "substantial" percentage of the gross, may be open to question. Tony Safford 20th Century Fox's senior VP of acquisitions, told the trade paper, "I know for a fact that the movie was sold for north of $10 million. But I believe Miramax must feel that such a high acquisition cost does not ultimately benefit the perception of the movie." However, Miramax L.A. president Mark Gill shot back: "Tony is a disgruntled ex-Miramax employee with an ax to grind. I was in the room for the full 12 hours of negotiations, and not once did I see or hear Tony Safford Clearly the man has a tremendous gift for imagination and spite." »

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1 article from 1999