April 28, 2024

Media Decoder: Defying Naysayers, ‘Gatsby’ Proves a Box-Office Winner

LOS ANGELES — “If history is any indication,” a Forbes report read on May 3, “ ‘The Great Gatsby’ will bomb rather hard.” BoxOffice.com at one point projected very soft opening-weekend sales of about $24 million. Early on, several studios were so worried about the movie’s multiplex prospects that they passed on making it.

Oops.

“The Great Gatsby,” directed by Baz Luhrmann, has become the latest example of the Hollywood machinery getting audience interest wrong. “Gatsby,” adapted from F. Scott Fitzgerald’s classic novel and starring Leonardo DiCaprio in the title role, is now expected to take in at least $330 million worldwide.

With that kind of box-office success, the movie should be able to generate $200 million or so more from ancillary sources like DVD sales and reruns on cable channels, studio executives said.

Profitability is another matter, affected by unknown factors, including how compensation for Mr. DiCaprio and Mr. Luhrmann was structured. The movie was also expensive to make; executives who worked on “The Great Gatsby” contend it cost about $105 million after heftier-than-normal rebates from filming in Australia. Global marketing costs, after factoring in partnerships, ran $90 million. (Some insiders say those costs were substantially higher.)

Is it surprising that “The Great Gatsby” has succeeded? Apparently not to a lot of movie fans. Who would bet against Mr. DiCaprio in a flashy retelling of one of literature’s best-known stories?

A lot of people did. Village Roadshow, a film financier and production company, showed interest early on, agreeing to collaborate with Sony. But Sony, which had a flop with “How Do You Know” around the time “The Great Gatsby” was getting under way, decided it was too risky.

Members of Mr. Luhrmann’s management team said he then approached other studios but got one no after another: too expensive; mainstream audiences would not be interested; his last movie, “Australia,” was a disappointment.

Warner, with Village Roadshow, finally said yes, but only after Warner’s president of production, Greg Silverman, became an avid supporter of the project.

So, with the money now rolling in, is Mr. Luhrmann’s camp saying “told you so”? In true Hollywood fashion, it is gloating in private while trying — successfully, apparently — to get the word of its vindication out there.

Article source: http://www.nytimes.com/2013/06/03/business/media/defying-naysayers-great-gatsby-proves-a-box-office-winner.html?partner=rss&emc=rss

Fashion Fit for Executives, as Well as for Gatsby

Stills and clips from the film, for example, have shown Leonardo DiCaprio, as the rogue businessman Jay Gatsby, sporting collars closed by a tie pin.

But for some contemporary businessmen, the tie pin never went away.

“Recently a young friend asked what the tie pin was for,” said the fashion designer Tom Ford, who is 51 and for more than 30 years has worn a pin that sticks through his collar and under a tie. “I simply replied that it was a style affectation, as there are so few ways that a man can accessorize.”

Indeed what goes through, under and around the collar, as well as the shape of the collar itself, are among the few real choices that men in business suits can make but that can make a real difference in the images they project.

Recognizing this, Mr. Ford for the past two seasons has included the rounded-edged club collar, a relic of the early 20th century now fashionable once again, in the archive of traditional collar shapes in his eponymous men’s wear collection.

Not that the style of Jay Gatsby — who as imagined by F. Scott Fitzgerald made his fortune in bootlegging and trading stolen securities — is a look that works in all business settings.

“Club collars and pins are a bit too edgy for the finance sector, at least at large banks,” said Gregor Feige, an Equity Capital Markets banker on Wall Street. “Most of the time it’s just a balance of being reasonably fashionable without drawing comments around the office.”

Additionally, with a range of collar options available (others offered by Mr. Ford, for example, include spread, cutaway, high-stand cutaway, pointed and tab) one must know how to put the right tie with the appropriate collar shape.

“It is important to note that certain tie knots suit certain collars,” said Toby Bateman, buying director for MrPorter.com, a global online men’s retail site based in London.

“If you work in a more creative line of business, then you can be more relaxed with your choice of collar and how you wear it,” Mr. Bateman said. For example, a point collar shirt with a four-in-hand tie knot is, in his opinion, “smart but shows you have some individuality.”

If one were to choose a spread collar, for instance for a more “formal business meeting,” Mr. Bateman suggests a double Windsor knot. The wide symmetrical knot “will give enough bulk to fill the ‘spread’ of the collar,” he said.

However, the size of that Windsor knot has shrunk for some wearers.

“Most folks in finance default to a single Windsor knot on an Hermès or Ferragamo tie,” Mr. Feige said.

That, he added, is “generally more subtle than what you’d see in the 80s,” alluding to a time when boxy-cut shirts, wide collars and heavy-knotted ties were standard.

Mr. Feige has noticed slimmer shapes and a “more European sensibility to dress” in the office.

So have other cosmopolitan executives. “Small collars and narrow ties do it for me,” said Carlos Couturier, the co-founder of Grupo Habita, a Mexican boutique hotel chain with locations in cities throughout Mexico.

“Everything got slimmer, even our bodies,” said Mr. Couturier, who oversees all new hotel developments, including the opening of the first New York outpost, Hôtel Americano, in 2011. He chooses thinner proportions made by European designers, like Dior Homme, Jil Sander, and Neil Barrett, which are known to fit narrower frames.

Collar changes may very well be attributed to men’s burgeoning interest in the size and fit of their garments.

“The biggest change in men’s wear in the last 10 years has been fit,” said Nick Wheeler, the founder of the London shirt-making company Charles Tyrwhitt.

Mr. Wheeler, who has designed shirts since 1986, has seen an increase in demand for smaller collars. “Extra slim fit has seen rapid growth in the last couple years,” Mr. Wheeler said, “and we have now reduced the collar size on these shirts.”

It is not just a smaller collar, though, that Mr. Wheeler is noticing in his customers’ preferences. He said that demand for pin collars and penny collars had “dramatically increased.”

Inevitably, with the increase in popularity of certain collar shapes, some others have declined.

Demand for the Winchester collar, also known as the contrast collar and synonymous with the 80s businessman uniform, has dropped in recent seasons for the Charles Tyrwhitt company. Mr. Feige, the investment banker, would agree.

“I don’t wear contrast collars and personally don’t like them,” he said. They “feel a bit too Gordon Gekko to me,” alluding to the protagonist of the 1987 film “Wall Street” played by the actor Michael Douglas.

So how is the businessman of today supposed to make an executive decision on these matters?

“My personal advice,” said Mr. Bateman of MrPorter.com, “would be to wear an appropriate-sized collar and a tailored shirt for the right setting or occasion.”

“Unless,” he quickly added, “you are Italian, when it is totally acceptable to demonstrate ‘sprezzatura”’ — studied dishevelment — “which manifests itself through a crooked necktie, or an un-buttoned button-down collar and so forth.”

Article source: http://www.nytimes.com/2013/04/27/business/global/27iht-collared27.html?partner=rss&emc=rss

Media Decoder Blog: Premiere of Violent Tarantino Film Is Canceled Because of School Massacre

LOS ANGELES – Citing the mourning and emotional distress resulting from the Connecticut school massacre, the Weinstein Company late Monday canceled a premiere for its violent film “Django Unchained.”

The movie, directed by Quentin Tarantino and scheduled for release on Christmas Day, was to be unveiled in Los Angeles on Tuesday night with the usual red carpet splash. Instead, Weinstein will hold a private screening for industry insiders and the cast, which includes Leonardo DiCaprio and Jamie Foxx.

“Our thoughts and prayers go out to the families of the tragedy in Newtown, Conn., and in this time of national mourning we have decided to forgo our scheduled event,” a Weinstein Company spokesperson said in a statement.

The Weinstein Company has been advertising the film, a spaghetti western, with a poster featuring guns and a blood spatter. Over the weekend, Mr. Tarantino, who is known for making highly violent films, defended the gore in “Django Unchained,” which is about a freed slave trying to save his wife from a vicious plantation owner.

At least two other major movie promotional events have been canceled in the aftermath of the Connecticut shootings, which took place last Friday. Paramount scrapped plans for a premiere last Saturday of “Jack Reacher” in Pittsburgh, and on Monday the Film Society of Lincoln Center postponed a special fund-raising event featuring that film’s star, Tom Cruise. Also, 20th Century Fox halted a Los Angeles premiere over the weekend for “Parental Guidance,” a comedy.

Article source: http://mediadecoder.blogs.nytimes.com/2012/12/17/premiere-of-violent-tarantino-film-is-canceled-because-of-school-massacre/?partner=rss&emc=rss