Friday, December 19, 2025
Home Blog Page 894

Disney Family’s Shamrock Capital Made a Bigger Than Usual Investment in Taylor Swift’s Music as They Build Business

0

Back in July, there wasn’t too much interest in the announcement that Shamrock Capital, aka Shamrock Holdings, had closed a round of financing to the tune of $400 million in capital.

The investment fund of the Disney family is said to have $1.9 billion of assets under management and invests from $15 million to $100 million of control or minority equity in growth capital and buyouts. This fund is focused on media, entertainment, communications, and intellectual property.

With that new $400 million they were going to go shopping. Who knew it was Taylor Swift they’d be putting in their cart?

But it makes sense. In 2018, Shamrock bought Tor Hermansen and Mikkel Erikson’s Stargate music publishing catalog with songs like Katy Perry’s “Firework,” Rihanna’s “Diamonds” and Beyonce’s “Irreplacable.” That first fund raised $250 million and holds an interest in more than 800 films, 1,000 television episodes, and 5,000 music compositions.

Reports say Shamrock usually spends between $5 million to $50 million on entertainment-related intellectual property rights of films, television programming, music, and video games. So if they did spend $300 million on Taylor Swift’s masters, they outdid themselves.

Is it a good investment? Swift says she’s begun re-recording her catalog. Shamrock, don’t forget, didn’t buy Swift’s publishing. They bought the records. You know she’s going to finish the re-records and make a thing of it, with her core fans buying up the new versions and staging bonfires of the old. Shamrock better hope they’ve got a magical four leaf clover when that happens.

And what about the Disney family? These are Roy Disney’s children. I’ve met them, they’re nice people and consider themselves progressives. Maybe they didn’t know what was going on– they don’t run Shamrock. Ruining Taylor Swift’s life– a second time this year– doesn’t seem like something they’d want to do.

 

Exclusive: Comedian Jeff Ross Files Defamation Lawsuit Against Woman Who Claimed Underage Relationship, Seeks Damages

0

Comedian Jeff Ross is not laughing. Today in New York he’s filed a defamation lawsuit against Jessica Radtke, a woman who claimed that when she was 15 and Ross was 33 they had a physical relationship. (She is now 36, he’s 55.)

Radtke first leveled her charges against Ross on Facebook, then in New York Magazine’s Vulture website back on August 5th. The article was titled “He Liked That I Was Innocent.” Ross denied all of Radtke’s allegations and promised that he would take legal action. And now he has.

Radtke’s memories of Ross are disputed by her own father, Ross Radtke, on Twitter, after her original posts.; According to the complaint: his own daughter was “not telling the story as it actually happened” and that “she modified it to fit her situation” because she needed material to “shock the class” (in reference to a writing class that she had been taking) (emphasis added). Radtke’s father has further refuted Radtke’s false accusations about her purported underage relationship with Ross, and has also stated that he only spoke to the Vulture reporter because Jessica “threatened me that she would alienate me again if I did not” and that during the call he “read from a script that Jessica had prepared for me.”

Ross has always been a popular old school comic even though he’s from a younger generation. In New York he built a following as the young guy at the original Friars Club among legends like Alan King, Freddie Roman, Dick Capri, and Stewie Stone.He recently curated Netflix series called “Historical Roasts” with a diverse cast. During the recent COVID quarantine, Ross hosted virtual fundraisers for Meals on Wheels, the Bail Project, First Responders Children’s Foundation, and The National Center for Transgender Equality.

As a working comic, Ross lived the nightlife, and always had young women flocking around him. But were they underage? He says absolutely not. In the case of Jessica Radtke, he concedes that they did have a brief relationship after she turned 18. He insists it was legal and consensual.

Ross’s attorney, Bryan Freedman, tells me: “Jeff Ross has been defamed by a serial accuser for financial gain. Her own father, mother, brother, ex-fiancé, former best friends and others have documented proof of her lying and are supporting Jeff in this case. This lawsuit will clear Jeff’s name and hopefully stop others from continuing to be wrongfully accused by the defendant.”

Meantime, Ross’s reputation and career are on the line. Google his name now, and the Radtke saga comes right up. Even his Wikipedia page has an entry about it. In the current ‘cancel climate’ Jessica Radkte’s allegations — despite being unfounded, he says — will hound Ross unless he can disprove them. The complaint filed today should go a  long way to do that.

The complaint asks for “a permanent injunction enjoining and restraining Radtke and/or her agents, employees, and those acting in concert with her, from directly or indirectly publicizing, and/or disseminating any defamatory statements falsely stating that Ross engaged in a romantic or sexual relationship with her while she was a minor, and/or that Ross statutorily raped her.”

According to the complaint: “Radtke has a habit of threatening to make, and actually making, false criminal accusations to authorities about others. Remarkably, on at least two occasions, Radtke went as far as to inflict physical injuries on herself and accuse or threaten to accuse her family members of assault.”

In the complaint, Radtke’s former in-laws, her ex-fiancee, all attest to her bizarre and terrible behavior. But it’s the story of how she attacked her own brother and his family that stands out. Even though she was 3,000 miles away from her brother, his wife, and children, Jessica called Child Protective Services in Washington State and accused him of abuse and neglect.

From the complaint: “In response to Radtke’s very serious charges, CPS conducted an extensive investigation, ultimately concluding that her allegations were baseless and “did not seem rational.” Specifically, CPS determined that there were no concerns over Mr. Radtke’s parenting and that Radtke “may have made the report for personal gain of contact with the children or may not be mentally stable enough to understand what constitutes appropriate concern for children’s safety.”

According to the complaint, Jessica also wrongly accused a former fiancé, Jonathan Silverman, of assault after a dispute regarding their upcoming wedding.

Even though Vulture was quick to take Radtke’s side, Ross’s complaint is a detailed laundry list of interviews with her family and friends outlining her past, erratic behavior.  What emerges in the complaint is Radtke as unstable and out allegedly out of control when she’s denied what she wants, which her exes and family claim is money.

The complaint sums it up: “So, who is Jessica Radtke, and why is she so insistent on fabricating despicable and defamatory falsehoods about Ross? Radtke has a history of habitual lying. Not only does Radtke fabricate stories, Radtke is obsessive, calculating and deliberate in achieving her goal of inflicting maximum harm on her perceived enemies while promoting herself.”

UPDATE Taylor Swift Screwed Again: Scooter Braun Sells the Rights to Her Master Recordings to Disney Family’s Investment Fund, Not Her

0

How much more could Scooter Braun and Scott Borchetta antagonize Taylor Swift?

Variety is reporting that they’ve sold the rights to her master recordings to an unnamed investment fund FOR $300 MILLION. They owned the rights when Swift left the masters behind and made her move to Universal Music Group. Braun bought into Borchetta’s Big Machine record company.

I can tell you that the master recordings were sold to Shamrock Holdings, the investment fund of the Disney family. According to Wikipedia, Shamrock often takes an aggressive strategy, launching hostile takeovers.

Shamrock describes itself on its website: “Shamrock Holdings, Inc. (Shamrock) was founded by the late Roy E. Disney in 1978 and serves as the investment vehicle for certain members of the Roy E. Disney Family. Shamrock’s tenet’s are straightforward – invest and act with integrity, responsibility, and transparency. In addition to investing and providing services to the Disney Family, Shamrock, through a subsidiary, manages several real estate investment programs.”

“We made this investment because we believe in the immense value and opportunity that comes with her work,” Shamrock said in its statement. “We fully respect and support her decision and, while we hoped to formally partner, we also knew this was a possible outcome that we considered.”

Swift went ballistic last year claiming she was never given the right to buy the masters herself. Now Braun and Borchetta have turned a nifty profit by getting rid of them just as Swift is contractually able to re-record all her hits.

The result of this move should be brutal. I called a top top entertainment music lawyer and asked if they knew who Braun and Borchetta sold to. The answer was, “It wasn’t Universal and Taylor?” When I said no, there was a sound on the other end of the phone like pfffft.

Read Taylor’s post from late this afternoon:

MORE SHOWBIZ411 headlines:

Exclusive: Comedian Jeff Ross Files Defamation Lawsuit Against Woman Who Claimed Underage Relationship, Seeks Damages

Miley Cyrus Dropping Her “Punk Rock” Joan Jett-Debbie Harry Album with Billy Idol, Dua Lipa, and 3 Mark Ronson Tracks

0

What does Miley Cyrus want to be if she grows up? We just don’t know. It’s been seven years since her “Bangerz” album with hits “Wrecking Ball” and “We Can’t Stop.” She even had a song called “Adore You,” which Harry Styles’ songwriters obviously liked.

After “Wrecking Ball” came the Dead Petz project, which was free because no one would buy it. That was followed by “Younger Now,” which was a mess.

Now Miley is reclaiming her Dead Petz persona for “Plastic Hearts.” Coming on November 27th, this album has photography by the great Mick Rock. They’ve made the cover look like a Blondie album circa 1979. Debbie Harry isn’t a guest, but Joan Jett and Billy Idol are, plus Dua Lipa. Mark Ronson produced three tracks. Ryan Tedder co-wrote a lot of the songs. Ilsey Juber, daughter of Lawrence Juber (member of Paul McCartney and Wings 1978-81) also co-wrote. But Juber and Ronson’s one off Miley hit, “Nothing Breaks Like a Heart,” isn’t included. She’s saving that for a greatest hits record.

Ronson is excited. See below. Maybe he’ll get a hit single off it. But at 27, with an unfocused, messy history, I’m not so sure Miley will have an easy time of it with “Plastic Hearts.” Her fan base is unclear. What is clear is that she doesn’t give a f— and tells us that repeatedly. We’ll see how this goes.

Box Office: Stain-Removing “Ammonite” and Mel Gibson’s Awful “Fatman” Find Few Takers in Theater Debuts

0

The two new movies actually being shown in theaters this weekend didn’t find a lot of love.

“Ammonite,” starring Kate Winslet and Saoirse Ronan, took in just $85,000 at 280 screens. Audiences, like me, might have confused Ammonite for a stain remover or a substitute for Formica. Either way, there wasn’t much interest in waiting for these two fine actresses to have a sex scene, apparently. With $304 per screen, “Ammonite” looks like it’s headed the way of “Carol,” the last big serious lesbian drama. Remember how all the early reviews were sending “Carol” to the Oscars that year? And then it vanished. Here we go again.

Racist, anti-Semitic Mel Gibson’s hideously awful “Fatman” about a psychotic Santa hunted by a hit man did only a little better. It made $107K on 259 screens. Mel might as well have stayed in the chimney blowing smoke up his own you know what. Like all Mel Gibson movies, “Fatman” is headed to life on video on demand and in cut out DVD bins. By Christmas Eve, it should be a dimmed memory.

No, the big movie in theaters this weekend was the horror film, “Freaky,” from Universal Pictures and Jason Blum’s Blumhouse. Jason has found a way to make money during the pandemic, and I’m not surprised. This is 10th hit in a row in 2020. He paid his dues at Miramax/Dimension, and then went on to scare everyone silly. Vince Vaughn even got a “comeback” piece in the LA Times. How do you like that? Pigs have flown. “Freaky” made $3.7 million this weekend and finished at number 1.

Too bad Mel Gibson can’t get into Blumhouse. But my guess is, he burned that bridge a long time ago.

EXCLUSIVE: Joe and Jill Biden Started 3 Charities Over Last Four Years, Gave Away A Million Bucks, All on the Up and Up

0

The New York Post, in the person of one Isabel Vincent, is trying to make President-elect Joe and Dr. Jill Biden look bad this morning. Vincent purposely reported a part, hardly the whole, of a story about the Bidens’ charitable foundations. Vincent– carrying the water of right wing extremist and former Post editor in chief Col Allan— bends over backwards to make it seem like the Bidens have done something terrible. (See here for Allan’s legacy.)

It’s shoddy, one sided reporting. Surprised?

Vincent reports that the Bidens have a not for profit charity called the Biden Cancer Initiative. She’s right there. They do, and it seems like it’s for lobbying and finding ways to advance cancer cures. No one in the Biden family is paid, they get nothing, they just raise the money.

But Vincent purposely omits from her story that there are two more Biden not-for-profits. One of them is named for Joe’s late son, Beau, and in its short life has given minimal grants. But again, no Bidens make money from it.

This is unlike Donald Trump’s now closed foundation and the one that was run under his son, Eric Trump. They were shut down by the New York Attorney General for a laundry list of infractions.

The third Biden charity is called The Biden Foundation. In its two years of reporting (don’t forget, Joe Biden only established these foundations a short time ago, when he and Barack Obama left office), The Biden Foundation has given around $1 million to charitable organizations. In 2016, the Biden Foundation donated $495,000 to the Biden Cancer Foundation for future giving. In 2017, the Biden Foundation started making disbursements. They gave $375,000 to the national council of the YMCA, and $35,000 to the YWCA. The Military Child Education Foundation in Texas received $20,000; an educational group called Men Can Stop Rape was granted $16,325; and a group called Achieving the Dream in Silver Spring, Maryland — a group devoted to student success — got $20,000.

Again, the Bidens only donated or raised money. They didn’t benefit financially nor did any family members. All the salaried execs they hired were top notch. And it should be noted that the paperwork for all three charities is up to date, filed, and complete. This is, again, totally unlike what went on with all the Trump Foundations, which are now shuttered by New York State.

Keep looking for scandals, NY Post, Col Allan, Isabel Vincent. And keep making them up when you don’t find them.

 

Donald Trump Junior is Having a Fire Sale on His Book, “Liberal Privilege,” He Has Thousands Unsold, Can’t Give ‘Em Away

0

Poor Donald Trump Junior.

The party is over, even though it looks like he may still be partying from the looks of his posts.

His biggest problem is that he self-published his second book, “Liberal Privilege.” No one bought it. He has thousands of copies in his garage or wherever.

“Liberal Privilege” is currently number 6,002 on Amazon’s best seller list. Don’t tell him, but Barack Obama’s memoir, to be published Tuesday, has already been number 1 for a month. A month of pre-orders!

So Junior is having a fire sale. He’s taken to Twitter to announce that the first 1,000 people who buy the book at a 25% discount will get “upgraded” to an autographed copy. Hand signed? He doesn’t say. Probably stamped.

What can this book be used for? If you have a fireplace, the pages will make excellent kindling. If you need to raise up a computer monitor or TV, “Liberal Privilege” is stackable.

Me? I’d wait for the Christmas sale. Although the signed book might be valuable once Junior goes to jail.

Disney Exec Says Chadwick Boseman Will Not Appear Digitally in “Black Panther 2” a la Carrie Fisher in “The Last Jedi”

0

Good news and sad news for fans of the Marvel hit, “Black Panther.”

For the sequel, late star Chadwick Boseman will not appear digitally recreated as T’Challa, the king of Wakanda.

In a Spanish interview with Clarin.com, Marvel’s SVP of Production Victoria Alonso put that rumor to rest. Alonso told the website:

“There’s only one Chadwick, and he’s not with us. Our king, unfortunately, has died in real life, not just in fiction, and we are taking a little time to see how we return to the story and what we do to honor this chapter of what has happened to us that was so unexpected, so painful, so terrible, really. Because Chadwick was not only a marvelous human being every day that we spent together the five years we spent together, but it also seems to me that as a character what he did elevated us as a company, and has left his moment in history.”

Digital recreations became a hot topic in the last couple of years as Carrie Fisher was re-animated as General Leia for “The Last Jedi” after unexpectedly passing away (she is still much missed!) before the last chapter of “Star Wars” could be filmed. But Boseman’s passing is different, and Alonso is completely right.

Meantime, there’s speculation about how Boseman’s departure will be explained in “Black Panther 2” and what director Ryan Coogler and Marvel will do. Some say  T’Challa’s sister, played by Letitia Wright, could become the new Black Panther. My guess is that Michael B. Jordan, whose sinister Erik Killmonger, died in “Black Panther,” will be back as his good twin or something. Without Boseman, Coogler must have Jordan in the movie, and this time as a good guy. Maybe the twins can fight each other! In comics, anything can happen!

 

Paris Jackson, Willed Into Celebrity as the King of Pop’s Daughter, Releases First Album, And It Charts!

0

Paris Jackson. To me, she’s quite a story. She lost her father, the King of Pop, Michael Jackson, when she was 11. It wasn’t too long after that she was standing down her greedy aunts and uncles after they “kidnapped” her grandmother. Remember all that? Paris was in charge at an early age.

Her Twitter feed always revealed she was bright, and a quick study. She was burning through her music education, which didn’t include R&B but focused on grunge, folk, and metal. She didn’t go to college, but you can tell the world of music was her university. She wanted it. And she wanted to be a celebrity. She didn’t know it at first, but Paris had a lot of confidence. That’s what she got from Michael Jackson.

A few months ago Paris released an EP with her boyfriend, called The Soundflowers. It wasn’t very good but she believed in it. Now she’s released today her first solo album, “Wilted,” after signing with the very hot Republic Records. Somehow she found Andy Hull and the Manchester Orchestra. I don’t think many people had heard of them. But the collaboration works, however unlikely it would seem. They’ve made a very listenable, terrific moody pop album. It’s already number 56 on iTunes. Republic should get a CD out fast. The amazon.com audience will eat it up.

“Wilted” has an Enya feel to it, but it’s more than that. Paris’s vocals– she’s got a voice– glide over a gossamer cloud of electronics and acoustic guitar. What really helps is that the songs have melodies and hooks, they’re catchy. You want to play them again. The lead single, “Let Down,” is very good. But I liked a few others, the title track and the closing one, “Another Spring,” which could be her hit. It’s got a country folk feel perfect for Adult Contemporary radio, very Cranberries. You can hear her channeling Dolores O’Riordan. Paris should do a 23 and Me and see if there’s some Irish in her.

Paris and her brother Prince (we don’t know about Bigi, formerly Blanket, yet) really inherited a lot from Michael Jackson. They’ve got his determination, his interest in charity, and in film and music. They will be his legacy far more than moonwalking and dressing up from “Thriller.”

 

Exclusive: Woody Allen’s Hilarious “Rainy Day in New York” Very Quietly Hits Streaming Services, DVD Release

0

I’m here to tell you that Woody Allen’s “A Rainy Day in New York” has finally hit streaming services in the US. Not Netflix, but “Rainy Day” is on Amazon Prime, You Tube, Google Play and Vudu. It’s also available on DVD and Blu-ray.

Timothee Chalamet, Selena Gomez, and Elle Fanning form the central trio in this very funny romantic comedy. Cherry Jones and Liev Schreiber are featured as well. If people weren’t so narrow minded, they’d see that Jones should be nominated for Best Supporting Actress. The main three young actors are wonderful. It’s easily Chalamet’s best work. He’s told friends he thinks so, too.

Elle Fanning is like a young Diane Keaton in this movie. And the big surprise is how good Selena Gomez is. Not that she hasn’t turned in good work before, but she’s best known as a singer. This is her best film performance so far.

So what happened? Well, we know. Amazon Studios panicked three years ago when the MeToo movement took off. They were in the middle of releasing Woody’s “Wonder Wheel,” which wasn’t as fully formed. They pulled the plug on all things Woody, and he sued them for $68 million. The parties eventually settled. But “Rainy Day” suffered. It was released only abroad, where it made over $20 million. I reviewed it in the summer of 2019, and loved it. But people are out to get it because they want to hurt Woody. They don’t even know why, or have facts. It’s terrible.

One interesting note: so far all the customers who’ve reviewed “Rainy Day” on amazon.com really like it. They’re not being influenced by narrow minds. Watch this film. You won’t regret it.