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For the first time, directors of feature films will be guaranteed a bonus payment should someone make a sequel to one of their movies.
Although he is believed to be committed to concluding talks in time, directors have found it impossible to track down the US billionaire in person.
At the same time directors like David Lean had proved that large-scale location epics, once the sole province of middlebrow biblical spectaculars, were also wonderful vehicles for exploring sophisticated themes and complex characters.
At the time, directors like Ken Loach and Mike Leigh were making television dramas, and Mr. Frears directed several films for the small screen from scripts by Tom Stoppard, David Hare and Alan Bennett.
Hewlett-Packard's board of directors considered on three separate occasions whether to break up the company, but each time directors unanimously concluded it would be best to keep HP together, HP Chief Executive and Chairman Carly Fiorina said on Tuesday.
Schilowitz tells me that Paramount is planning in the full range of talent that it works with, from J.J. Abrams and Steven Spielberg to first time directors that are coming up to put the Intel studio through its paces.
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In all, seven first-time directors and six second-time directors are appearing at the festival.
That means boundary-pushing films from mostly first-time directors.
But most are non-executive, part-time directors.
But all the success I've had has been with first-time directors.
"Every single financier was like, 'Yeah, we don't invest in first-time directors,' " Mr. Walsh said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com