Reuters reports that Blockbuster, the Dallas-based rental retailer, is expected to file for Chapter 11 bankruptcy as early as Wednesday. The company, struggling to compete with computer downloads and cheaper rental options, has more than $900 million of debt. Blockbuster and debt holders are working on a plan to continue operating, but hundreds of stores will be shut down. ”We continue to explore all of our options and are making good progress in our recapitalization process,” Blockbuster said in an emailed statement. ”Our discussions with the studios and bondholders continue to be productive, and we have every reason to believe we will come out of the recapitalization process financially stronger and more competitively positioned for the future.”
Archive: September 2010 (51-60 of 173)
ABC orders Bruckheimer TV's 'The Lost Girls'
ABC has placed a pilot order with Jerry Bruckheimer Television and Warner Bros. TV for a project based on the travel memoir The Lost Girls: Three Friends. Four Continents. One Unconventional Detour Around the World, according to Variety. The book follows the real-life travels of three Manhattan women who decided to quit their jobs and embark on a yearlong trip around the world. Ildy Modrovich (CSI: Miami) will adapt the book for the hour-long project.
Anna Nicole Smith trial: Charges could be dismissed
People reports felony charges against Howard K. Stern and Anna Nicole Smith’s two doctors could be dismissed. The trial against Stern and physician Sandeep Kapoor and psychiatrist Khristine Eroshevich, who are being charged with conspiring to give the late reality star addictive drugs, kicked off Aug. 4, but the judge on the case has voiced his concerns about the prosecution’s case. In court Monday, Los Angeles Superior Court Judge Robert Perry said he would consider the defense’s motion to dismiss some charges. In order for the charges to remain, prosecutors must prove that Smith was a drug addict. (The defense, meanwhile, claims she experienced chronic pain.) Stern, Kapoor, and Eroshevich have all pleaded not guilty to charges.
Austin Film Festival unveils its lineup
The Austin Film Festival has just announced the majority of its lineup, the Hollywood Reporter reports. Along with some festival favorites like Danny Boyle’s 127 Hours and Darren Aronofsky’s Black Swan, the Texan fest boasts the world premieres of the Val Kilmer-starrer Bloodworth and the Horton Foote adaptation Main Street with Orlando Bloom and Colin Firth. This year’s festival will be its 17th iteration and will run from October 21-28.
Rachel Weisz to reteam with 'Constant Gardener' director for new flick
Actress Rachel Weisz will star in the sexual drama 360, directed by her Constant Gardner auteur, Fernando Meirelles. The story, based on 1900 play Reigen that inspired the French drama La Ronde, tracks pairs of characters through their sexual exploits. Peter Morgan is writing the script.
Screenwriter-producer Irving Ravetch dies
Oscar-nominated screenwriter-producer Irving Ravetch, who earned nods for penning adapting screenplays for Hud and Norma Rae, died Sunday in L.A. after a longstanding battle with an unnamed illness. Ravetch frequently collaborated with his wife, and in addition to Hud and Norma Rae, the couple also worked on films like The Long, Hot Summer, Conrak and Hombre. Ravetch was 89.
'Real Housewives of Orange County' husband arrested for domestic battery
The Orange County Sheriff’s Department has confirmed that Simon Barney, husband of The Real Housewives of Orange County star Tamra Barney, was arrested for domestic battery early this morning. The Sheriff’s Department did not provide details of the arrest, but sources say Tamra called the police after the couple — who are in the process of filing for divorce — began arguing over their dog, and Simon allegedly threw a leash at Tamra and hit her on the wrist. Barney remains in custody on $10,000 bail and is scheduled to appear in court tomorrow. Bravo has yet to respond to EW’s request for comment.
Paris Hilton detained in Japan, barred from entering country
The Associated Press reports Paris Hilton has been barred from entering Japan one day after pleading guilty to drug possession in Las Vegas. Upon her arrival in Japan — where she had planned to appear at a news conference to promote her fashion line — the socialite was detained by immigration officials. Whether or not Hilton will continue the rest of her promotional tour, which is supposed to take her to Indonesia and Malaysia, is not known.
Read more:
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Paris Hilton banned from Wynn and Encore
'New Jersey Housewives' husband reports to jail
Joe Giudice, husband of table-flipping, cookbook-writing, Andy Cohen-shoving Teresa, reported to a New Jersey jail this morning to begin a 10-day sentence for driving with a suspended license, according to the Star-Ledger. His punishment stems from a January arrest for a DUI after Guidice crashed his car into a telephone pole, insisting in a season 2 episode that he wasn’t drunk but had merely nodded off at the wheel.
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