Ziff Davis has filed for Chapter 11 protection. The publisher of PC Magazine, Electronic Gaming Monthly, and various other tech and video games related websites such as ExtremeTech.com and 1up.com had about $500 million in debt and $313 million worth of assets, as of the end of December, according to the Associated Press.
E. Gary Gygax, one of the co-creators of the popular and influential board game Dungeons & Dragons, died Tuesday March 4 at his home in Lake Geneva, Wis. He was 69.
Kara Swisher broke the news this Tuesday morning that Sheryl Sandberg, Google's VP of Global Online Sales and Operations, has joined Facebook as their new COO, a position left vacant with the recent departure of Owen Van Natta. According to Swisher, Sandberg was responsible for online sales of Google's ad and publishing products.
After being kicked out as CEO of Disney, Michael Eisner has been spending his time building a digital media empire with his privately held investment company called The Tornante Company. Thus far, Tornante notable investments include Veoh, a video-sharing site; Team Baby Entertainment, a sport-themed DVD publisher aimed at the toddler set; The Topps Company, known for its trading cards and "Bazooka" bubblegum; and Vuguru, a production studio for digital platforms.
Hollywood scribes just don't know how good they had it. Sure, they went on strike for nearly four months, costing the economy hundreds of millions of dollars and resulting in the shuttering of several businesses reliant on Hollywood, to fight for, among other things, their cut of revenue streams from "new media" such as the internet.
With Ellen Page out of the picture due to scheduling conflicts, Alison Lohman has been tapped as her replacement in Sam Raimi's "Drag Me to Hell." You may remember her from "Matchstick Men" and "White Oleander." The movie is Raimi's first return to the horror genre since 1992's "Army of Darkness."
Adventures on the high seas are in vogue again thanks in no small part to the success of Disney's "Pirates of the Caribbean" franchise. Variety has word that Material Entertainment has acquired the film rights to "Flint & Silver," the prequel to Robert Louis Stevenson's "Treasure Island" written by John Drake. The book will be out later this year.
Citing scheduling conflicts, Oscar nominated actress Ellen Page has pulled out of Sam Raimi's next movie, "Drag Me to Hell." The pic's start date was supposed to be March 17, but was postponed till the 31st.
Tim Allen has caught the directing bug and will make his feature directorial debut with his next comedy, "Crazy on the Outside," according to Variety. He will play the lead as well. His character, a parolee, finds life outside his prison cell is even crazier than inside.
"Rush Hour 3," which underwhelmed at the box office, is the highest grossing DVD rental released in 2007, generating $71.2M in rental revenue according to data from Home Media Retailing. It out-performed such box office heavyweights as "Spider-Man 3," "Harry Potter and the Order of the Phoenix," and "Shrek the Third."