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Friday, February 1, 2013
The Broke and the Beautiful: Best Picture Edition
This week on The Broke and the Beautiful Kodak EKDKQ -3.70% may not have the naming rights for the theater where the Oscars are held, but it’s still starring in the best picture nominations. Also, the trustee for former University of Miami booster Nevin Shapiro’s bankrupt company is suing a law firm for its alleged role in Shapiro’s Ponzi scheme.
Last year, Eastman Kodak Co.
took a starring role at the Academy Awards, thanks to presenter Billy Crystal’s jokes about the “Chapter 11 theater.” Dolby Laboratories Inc. now holds the naming rights to the theater, but that doesn’t mean Kodak can’t still be in the spotlight. As Bankruptcy Beat reported earlier this week, the company could edge its way onto the stage because its film was used to shoot a number of movies that have been nominated for this year’s best picture, including the musical “Les Misérables” and spaghetti western “Django Unchained.” Other movies that didn’t get nominated for Best Picture but still used Kodak’s film include “Anna Karenina” and “Moonrise Kingdom.”
Read the rest of the article at the Wall Street Journal
Read the rest of the article at the Wall Street Journal
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