Movie mogul Mike Medavoy is all set to cease his Phoenix Films in 2013 in order to spend more time with his family
By choice...Movie mogul Mike Medavoy is all set to cease his Phoenix Films in 2013 in order to spend more time with his family.
Medavoy, 71, whose film production company was behind hits like Black Swan and The People vs Larry Flynt, plans to sell off the company's impressive library in two years.
"I want to do what excites me and I want to spend more time with my family, since I now have a 13-year-old son," he said.
Seven of the 300-plus films he has produced have won Oscars and Medavoy will wrap up his business after producing movies like What to Expect When You're Expecting and The Last Voyage of Demeter'under the banner. Medavoy was also a former head of operations at United Artists, Orion and Columbia.
By chance...Porn film production in Los Angeles has temporarily shut down after an actor tested HIV positive.
According to trade group the Free Speech Coalition, Hustler and Evil Angel are among the industry leaders who have halted production until further testing can confirm the results.
Officials at the Canoga Park-based porn industry trade group first became aware of the possible HIV case on Saturday and immediately notified adult film production companies across the San Fernando Valley, one of the most prevalent areas of porn production in America.
The Los Angeles Times quoted Diane Duke, executive director of the Free Speech Coalition as saying, "Until we know for sure, we've asked the industry to have a moratorium on production."
