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Nike co-founder Phil Knight and Dodgers co-owner Alan Smolinisky have offered, in writing, more than $2 billion for the Portland Trail Blazers NBA franchise according to multiple reports.

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Paramount’s Republic Pictures Acquires Homelessness-Themed Ballet Doc ‘Lift’ From Oscar Nominee David Petersen; Ballerina Misty Copeland Among The EPs

EXCLUSIVE: Paramount’s Republic Pictures has acquired worldwide rights to the inspirational documentary Lift, from Academy Award-nominated filmmaker David Petersen, slating it for release via Paramount Global Content Distribution. In the U.S., the film will hit select theaters on September 15th and bow on digital on the 22nd. Pic will also soon hit the UK, debuting on digital on the 25th.

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Seattle International Film Festival Acquires Seattle Cinerama Theater From Paul G. Allen’s Estate

McKinley Franklin editor Seattle International Film Festival (SIFF) executive director Tom Mara has announced the company’s acquisition of the Seattle Cinerama Theater from the estate of late Microsoft co-founder Paul G. Allen. Mara revealed the news at the opening night celebration of the 49th annual SIFF on May 11. The festival runs through May 21. “We are honored to take on stewardship of this historic theater. It’s a film venue adored by the community and speaks to the critical role SIFF plays in bringing the power and art of film to diverse audiences across our region,” Mara said. “So many of us have experienced the magic of this theater, and we are excited to carry on the vision and impact that Paul Allen started so many years ago.”

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Sale Of Microsoft Co-Founder Paul Allen’s Collection Set To Be Largest Art Auction In History

Paul Allen’s extraordinary art collection is set to be sold off at what will be the largest auction of its kind in history.

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MetFilm Sales Acquires Feature Doc ‘Delikado’ Prior to Hot Docs World Premiere (EXCLUSIVE)

Leo Barraclough International Features EditorAhead of its world premiere at Hot Docs, London-based MetFilm Sales has acquired worldwide rights (excluding the U.S.) for feature documentary “Delikado,” directed by Karl Malakunas. The film is an environmental thriller set in Palawan, one of Asia’s hottest new tourist destinations.

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