Light Iron, which provides innovative postproduction creative services and is part of Panavision’s end-to-end offerings for content creators, has added two post industry veterans to its management team. Andy Kaplan joins as SVP of operations and Peter Lin as director of finance. Both report to Seth Hallen, managing director at Light Iron, and work out of the company’s Los Angeles facility.
Kaplan oversees all of Light Iron’s operations and services, including dailies, offline rentals, and final color. He previously served as VP of picture operations at Picture Shop and Technicolor, and prior to that as head of production at Company 3.
As director of finance, Lin spearheads all of Light Iron’s financial processes and works closely with the Panavision team as a conduit between the two brands. Lin previously held senior finance roles at Company 3 and Deluxe Entertainment Services Group.
“Sonic the Hedgehog 3” Tops Weekend Box Office
In the holiday season battle of big-budget family movies, Paramount Pictures' "Sonic the Hedgehog 3" sped past the Walt Disney Co.'s "Mufasa: The Lion King" to take the top spot at the box office ahead of the lucrative Christmas corridor in theaters.
"Sonic the Hedgehog 3" debuted with $62 million in ticket sales over the weekend, according to studio estimates. With strong reviews (86% fresh on Rotten Tomatoes) and a high score from audiences (an "A" on CinemaScore), "Sonic 3" is well positioned to be the top choice in cinemas during the busiest moviegoing period of the year.
It was telling of some wider trends that "Sonic 3" — made for $122 million — bested one of Disney's top properties. Videogame adaptations, once among the most derided movie genres, have emerged as one of the most dependable box office forces in recent years. The two previous "Sonic" movies together grossed more $700 million worldwide and the third installment appears likely to do better than both of them. A fourth "Sonic" movie is already in development.
"Mufasa," however, was humbled in its opening weekend, with its $35 million in domestic ticket sales coming in notably shy of expectations . The photorealistic "Lion King" prequel even opened wider than "Sonic 3," launching on 4,100 theaters and gobbling up most IMAX screens, compared with 3,761 locations for "Sonic 3."
Though "Mufasa's" reviews were poor (56% fresh on Rotten Tomatoes), audiences gave it an "A-" CinemaScore.
"Sonic 3" nearly doubled the haul for "Mufasa," which cost more than $200 million to make. Disney could look to $87.2 million in international sales to help make up the difference. The third "Sonic" will rollout in most overseas markets in the coming weeks.
In director Jeff... Read More