hostel

The Death of ‘Austin Powers’ (And Six More Hobbled Franchises Worth Putting Down)

3:00AM STV | After the unfortunate reception for The Love Guru, it’s just too easy to write off New Line’s prospective Austin Powers revival (which Mike Myers is reportedly working on for New Line with former series collaborator Mike McCullers) as yet another ill-advised folly belching the black smoke of Myers’s career. In fact, taken as merely a part of the larger phenomenon we at Defamer like to call The End of Ideas, the Powers franchise is but a speck of the shit on Hollywood’s collective bathroom wall — a tableau diligently studied today by the haz-mat crew at Entertainment Weekly.

Lionsgate Hits $340 Million Credit Jackpot; We Help Them Spend It

3:00AM STV | We have all kinds of fun ideas for how Lionsgate can splurge with its new $340 million credit line, a kind of shocking development considering Wall Street’s recent exodus from the deadly film-financing racket. The budget-minded ‘Gate, having leapfrogged from one genre hit to another (accruing a $331 million cash war chest along the way, according to Variety) is evidently immune to the crunch, however, even nabbing a 2.25% interest rate we haven’t seen since our very first student loans. More »