April 30, 2009 | 10:05
am
Claudia Eller and Reed Johnson report how Hollywood movie studios, about to enter the most crucial time of the year for ticket sales, are being forced to delay the Mexico releases of their big early-summer movies, including "Star Trek," "X-Men Origins: Wolverine" and "Angels & Demons," as theaters here close because of the swine flu epidemic sweeping the country.
"Such a delay could cost the studios tens of millions in revenue at a time when they are increasingly relying on international box office to offset production and marketing expenses. Mexico ranks in the top 10 movie markets, accounting for about 6% of foreign ticket sales. It could also undercut the performance of movies when they eventually open in theaters by giving pirated DVD copies a chance to flood the market."
-- Deborah Bonello in Mexico City
April 27, 2009 | 11:30
am
You can't have failed to notice that Mexico is in the grip of a swine flu outbreak. Schools, museums and theaters are shut, residents have been warned by the government not to kiss or shake hands when they say hello, and about half the people on the streets are wearing surgical face masks.
But the swine flu outbreak isn't just taking its toll on people's health. Local businesses are also starting to suffer as customers stay away. Watch the video for more.
April 24, 2009 | 12:21
pm
On a breezy afternoon in Newport Beach, hundreds of Latino filmmakers descended upon the swanky Island Hotel to celebrate "A Decade of Influence" at the National Assn. of Latino Independent Producers' 10th annual conference.
Conversations varied, but participants agreed on one thing: Despite a noticeable improvement in Latino films and roles, there is much work left to do, reports the L.A. Times' Alicia Lozano.
"There are a lot of victories, a lot of solid successes," said Kathryn Galan, executive director of the association. She pointed to television shows such as "Ugly Betty," "The George Lopez Show" and "Resurrection Blvd." as triumphs in the industry, but lamented that many other segments of the film and television industry don't represent the 15% of the population that calls itself Latino.
"The inside thinks 'Three Amigos' is a diversity effort," Galan said. "Nothing reflects the voice of U.S.-born, English-speaking American Latinos."
Read more here.
-- Deborah Bonello in Mexico City
March 12, 2009 | 10:41
am
Reuters reports that Mexico's most wanted man, Joaquin "Shorty" Guzman, who is blamed for thousands of deaths in the country's continuing drug war, has made it onto the Forbes magazine list of the world's richest people, with an estimated $1-billion fortune.
Forbes placed Guzman at 701 on its list, tied with dozens of others worldwide with riches of about $1 billion.
Our Tracy Wilkinson reported last year:
Joaquin "El Chapo" Guzman, Mexico's most-wanted drug-trafficking fugitive, chalks up more sightings than Elvis. He is everywhere, and nowhere, a long-sought criminal always a step ahead of the law, yet always in sight or mind.
A mythology has developed around Guzman, the commander of Mexico's most powerful narcotics network, the so-called Sinaloa cartel, named for the Pacific coast state that is the historic cradle of Mexican drug trafficking. Narcocorridos, popular songs about traffickers, lionize him.
Go here for the full Forbes rich list and here for our complete coverage of the drug wars in Mexico.
-- Deborah Bonello in Mexico City