The Morning Fix: Endemol rejects Time Warner. 'Breaking Dawn' big.
After the coffee. Before deciding if new "Arrested Development" episodes makes Netflix worth it.
The Skinny: I get the feeling half of Hollywood has already checked out for Thanksgiving. We'll still be here for you through Wednesday. Monday's headlines include box-office coverage of the latest "Twilight" saga, a key executive leaves NBC and Netflix is bringing back "Arrested Development."
No deal. Endemol has said thanks but no thanks to Time Warner's offer of $1.4 billion for the creator of reality hits "Wipeout" and "Deal or No Deal," according to a person close to the global programming giant. Time Warner's unsolicited offer came at a time that Endemol was struggling to restructure its balance sheet. There have been no other offers for the company.
Lots of bite. "The Twilight Saga: Breaking Dawn -- Part 1" chewed through the competition at the box office with a take of $139.5 million. While the latest installment of the vampire saga didn't break the opening-weekend record set by the second movie in the series, it easily crushed everything else. Met with a chill was "Happy Feet Two," which took in $22 million. As for me, I saw "The Descendants," which was good, but not exactly the feel-good movie of the holiday season. Box office recaps from the Los Angeles Times and Movie City News.
Her? Netflix has struck a deal for new episodes of the critically acclaimed comedy "Arrested Development," which ran on Fox for three seasons before being canceled because of low ratings. The show, which has a small but loyal following, will return in 2013 and be available on Netflix's streaming service. The entire cast, which includes Jason Bateman, Portia de Rossi, Will Arnett and Michael Cera, is also expected to be back. This move may bring Netflix a few new fans, but it is unlikely to be a game-changer. More from the Wall Street Journal and Variety.
A format for success. Former NBC executive and William Morris agent Ben Silverman made his mark years ago finding successful shows abroad and selling versions of them here. (He was responsible for the American incarnations of "The Biggest Loser" and "The Office.") Now the practice of acquiring formats has become a norm of the television business. The New York Times looks at how the push to buy formats is picking up steam again.
Star-studded lineup. A British inquiry into the phone-hacking scandal that took down News Corp.'s News of the World tabloid is hearing from celebrities. Also appearing before the panel was the family of Milly Dowler, the murdered girl whose cellphone was hacked by News of the World when she was still missing. An overview from the Associated Press and up-to-the-minute updates from The Guardian.
Daytime still the place to be. While many media observers look at daytime as a dying arena because of the demise of soap operas and shrinking ratings for talk shows, Vulture offers some contrary thoughts. "The most positive sign of daytime's health, however, may be the fact that so many giant conglomerates are planning to invest heavily in its programming over the next year. In just the last few weeks, a flurry of production studios have locked in plans to launch syndicated talk shows next fall, most with big- (or at least, medium-) name talent attached," wrote Joe Adalian.
RIP Forstmann. Ted Forstmann, who made his name as a Wall Street dealmaker before taking over sports marketing and management firm IMG, died of cancer on Sunday. On his watch, IMG grew from sports to fashion. Appreciations from the New York Post and Sports Business Journal.
Inside the Los Angeles Times: Silent movie "The Artist" doesn't need dialogue to get a lot of buzz. Senior NBC executive Marc Graboff, who has been involved in much of the business operation of the network, is exiting.
-- Joe Flint
Follow me on Twitter before the man shuts me down! Twitter.com/JBFlint
Photo: Robert Pattinson, left, and Kristen Stewart in a scene from "Twilight Saga: Breaking Dawn - Part 1." Credit: Andrew Cooper / Summit Entertainment.