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‘Wet Hot American Summer’ First Full Trailer: Camp Firewood Is Officially Open

Netflix has dropped the first full trailer and key art (see below) for Wet Hot American Summer: First Day Of Camp, the prequel series to the cult hit 2001 pic. The aptly titled eight-episode series starts with the first day of camp in 1981.

We get the first look at new cast additions Chris Pine, Kristen Wiig, Jon Hamm and Jason Schwartzman along with returning stars from the movie, Elizabeth Banks, H. Jon Benjamin, Michael Ian Black, Bradley Cooper, Janeane Garofalo, Nina Hellman, David Hyde Pierce, Joe Lo Truglio, Ken Marino, AD Miles, Christopher Meloni, Marguerite Moreau, Zak Orth, Amy Poehler, Paul Rudd, Marisa Ryan, Molly Shannon and Michael Showalter.

Will you be checking in to Camp Firewood? The series premieres at 12:01 AM PT July 31 on Netflix. Check it out above.

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'Baahubali' set to become India's most expensive film ever

London, June 29 (ANI): ‘Baahubali’ is all set to create history as the non-Bollywood epic battle flick is going to be India’s most expensive one of all time.
Directed by S.S. Rajamouli the film, that features more than 1,000 armoured extras and has already drawn comparisons to Zack Snyder’s '300,’ is being shot in two parts in the city of Hyderabad, reported the Guardian.
Giving details about the project, the 'Eega’ film-maker said that the movie, whose two parts span two generations, is a simple story of a back-stabbed father, a mother enchained for no wrong and a son who takes revenge.
He added that the budget will definitely be over 250 crore rupees for both parts.
Interestingly the movie requires an extensive cast of 2,000 extras for its battle scenes, with more than 1,000 dressed as soldiers in full costume.
The first part of the film, 'Baahubali -The Beginning,’ is due to debut in cinemas on July 10, with part two slated for 2016. (ANI)

Walker says Obama, federal government must fix subsidies

MADISON, Wis. (AP) — If the U.S. Supreme Court strikes down health care subsidies available under federal law, it’s up to President Barack Obama and Congress to fix it — not the states, Wisconsin Gov. Scott Walker said Wednesday.

Walker, who is expected to launch his run for president in mid-July, wrote an opinion piece and answered questions about the issue following a bill signing ceremony in Milwaukee. The Supreme Court is expected to rule this month on whether subsidies under the 2010 law can continue to go to Wisconsin and 33 other states that use the federal HealthCare.gov website and don’t run their own insurance exchanges.

Walker, who has called for a repeal of the health care law, was asked what his contingency plan was if the subsidies are struck down.

“President Obama created the problem, the previous Congress created the problem, they should fix it. As usual, they’re going to want to kick the problem to the states and we’re not going to take it,” Walker said.

About 183,000 people in Wisconsin purchase their insurance through the exchange and nine out of 10 of them are receiving a federal subsidy, according to an analysis of state data by Wisconsin Children and Families. The average tax credit they receive is $315 a month.

Health care advocates who have been critical of Walker for not taking federal money to pay for expanding Medicaid coverage have also called on the Republican second-term governor to prepare for the subsidies to be taken away.

“It’s Scott Walker’s moral responsibility as governor to protect the people from a foreseeable disaster, like tens of thousands being cut off from health coverage,” said Robert Kraig, executive director of Citizen Action of Wisconsin. “By passing the buck to Congress, Walker is putting at risk the lives and fundamental freedoms of people in every corner of Wisconsin.”

Research director Jon Peacock and policy analyst Sashi Gregory said in a report released last week that Wisconsin should quickly accept the federal money to expand Medicaid coverage and more to create a state-run marketplace that qualifies for subsidies, they said.

Walker said anyone concerned about losing coverage should contact Obama and their federal representatives.

“They should contact their member of Congress and say, ‘Stop blaming people that didn’t create the problem,’” Walker said. “'You’re at the federal government, step up, start leading, fix the problem you created.’”

Republicans in Congress have been divided over what their response to the lawsuit should be. Some conservatives say the statute’s subsidies should be completely ended and the law dismantled. Many Republicans say a complete overhaul would have to await the 2016 elections, when the GOP hopes to capture the White House and retain congressional control.

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Follow Scott Bauer on Twitter at https://twitter.com/sbauerAP

Relativity Lenders Court New Investors to Take Control (EXCLUSIVE)

D-Day is nearing for Ryan Kavanaugh and Relativity Media.

A number of investment and asset management firms, including TSSP, the credit platform of TPG, are evaluating the prospect of seizing control of Relativity if the company defaults on what is said to be $350 million in debt. Relativity founder and CEO Kavanaugh must come up with $150 million by the end of next week or risk losing control of the studio he founded in 2004.

Relativity’s lenders, including Colbeck Capital, have reached out to prospective investors about the possibility of taking over the company if Kavanaugh is removed as chief executive. Kavanaugh has feuded with Colbeck Capital, accusing partners Jason Colodne and Jason Beckman of leaking damaging information about the company to the press, and successfully pushed for their ouster from the board.

TPG and Colbeck declined to comment.

In a statement to Variety, Relativity spokesman David Shane said: “As we’ve said before, the company and its lenders entered into a formal agreement that allows Relativity additional time to close its previously agreed upon financing transaction. This agreement ensures Relativity additional liquidity as discussions continue. Ryan Kavanaugh, CEO, and Relativity are deeply appreciative of its lenders’ ongoing support, and the company looks forward to continuing to work with its lenders to position us for long-term success.”

Relativity is currenlty operating under strict conditions from lenders because of the debts that came due at the end of May. The company has retained FTI Consulting at the behest of lenders to monitor operations until the debt situation is sorted out.

Relativity’s lenders are said to have reached out to TPG and other potential investors in an effort to allow them to recoup some or all of their outstanding loans. The status of existing Relativity investors, including Steve Mnuchin and Ron Burkle, in a buyout scenario is unclear.

Bankruptcy reorganization is another possible path for Relativity, although the lenders are said to have hopes for bringing in new investors in order to be made whole that much faster.

Sources emphasized that any outside investment would come from a group of funds, not TPG on its own, and that any investment would come only if Kavanaugh is no longer CEO.

Tony Vinciquerra, a former top Fox TV executive who is a senior adviser to TPG, has been doing due diligence on the Relativity assets. That has sparked speculation that Vinciquerra might be tapped to run the company post-Kavanaugh if TPG were to take a stake. But sources close to the situation downplay that scenario.

Kavanaugh faces a number of issues as he scrambles to find fresh capital. Insiders say that Relativity’s film library is fully pledged out and has already been used as collateral in previous refinancing agreements. The company’s film division has not been successful, and has suffered a series of disappointments such as “The Best of Me” and “Out of the Furnace,” and is said to be overextended in its financial commitments. But the larger entity has some attractive businesses, including the Relativity Television banner, its sports representation arm and music division.

TPG has become an active Hollywood investor in the past few years. It owns a majority stake in CAA and has funded the startup STX Entertainment film and TV studio.

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