One weird thing about covering Hollywood is how out of sync the media often is. The sense I'm getting these days, backed up by today's LAT, is that the prosecutors in the Anthony Pellicano case are chasing down lawyers, not studio heads. But the press keeps throwing the spotlight back on Universal's Ron Meyer and Paramount's Brad Grey, who have both been questioned by the FBI and the grand jury but have declared that they did nothing wrong. Kim Masters' tough Grey profile in LA Magazine, on newstands now, is a breaking story in a monthly magazine, so it reads like old news. But so does Sunday's AP wire story, which compares Meyer and Grey and their links to the Pellicano case, which would likely not have run without the following money quote from Loyola Law School professor and former prosecutor Laurie Levenson: "I think there has been an indication that prosecutors have their sights on Hollywood's higher-ups," she told the AP. "But Pellicano's clients are pretty insulated. Prosecutors have to prove his clients knew there were illegal methods being used." The story ends with what this could mean for Meyer and Grey: "They will have a cloud over their heads," Levenson said. "It's a long-term stain." Not necessarily. Meanwhile, the NYT reports that the case is now reaching farther afield: into the art world.
Some in Hollywood suggest that one reason that Grey put two valuable Paramount Tom Clancy projects (including Without Remorse) into turnaround was that they were controlled by Mike Ovitz, another movie mogul who has been questioned in the Pellicano case. Grey wanted to keep his distance from Ovitz, the theory goes, so he let him shop the two projects to another studio. (Of course Grey may simply not have been in love with two clunky projects beloved by the former regime.)
THR ran two stories in Friday's edition about how Paramount under Grey and Gail Berman and Paramount-owned DreamWorks under Steven Spielberg and Stacey Snider are shaping up. And then there's Hollywood Wiretap contributor Josh Young's Trojan War Horse theory, which derives from much speculative talk around town. Yes, Spielberg is mourning the loss of his studio dream. But Katzenberg really is running DreamWorks animation. And just because so many people want the super-competent Stacey Snider to take over Paramount doesn't mean it's going to happen.