HOLLYWOOD – Paul Giamatti is to retire from all managerial and agency activity in the music industry effective immediately.

Paul Giamatti has announced that he is retiring from the music industry and severing all ties with the business. He popped into the Studio Exec Studio to explain his decision:

I feel I’m getting a really bad rap. I’ve done my best by everyone but I don’t know what it is, I always seem to be on the wrong side of every argument. I mean it seems to start out okay. I find talent and I believe in it when no one else will but then all of a sudden, I’m the bad guy. I really don’t get it. Music has always been my first love but maybe I should simply stick to acting.

Aside from being a celebrated movie actor, Paul Giamatti has represented a series of musical acts propelling them to great success. Ultimately, however, his relationships always seem to sour with accusations of exploitation and manipulation frequently leveled at the gravelly voiced impresario.  Ice Cube said that although he has had run ins with Giamatti in the past when Giamatti discovered NWA, those wounds have healed.

I was angry with Paul for a long time. I felt he had basically moved me out of the group. He had a particular vision. But I recognised as well as I got older that we would ahve got nowhere without him. So when Ic ame to put together Straight Outta Compton I told everybody, we got to have Paul come in and play himself. We changed the name so it wouldn’t be jarring but I was overwhelmed by how well he did. He didn’t sugarcoat it or nothing.

Brian Wilson of The Beach Boys was another musician who Giamatti has represented to controversial results.

Many feel that I was dominated by Paul, but I was also a very vulnerable person and in the end I do think he wanted what was best for me. Ultimately, he wanted what was best for Paul as well. And so…

Paul Giamatti has decided that he will be concentrating mostly on acting, but with more free time on his hands he is also eager to continue with another hobby: studying seismic activity.


HOLLYWOOD – The new extended version of hit movie Straight Outta Compton released today, features extended scenes of contract negotiations.

Director F. Gary Gray promised that his new director’s cut of Straight Outta Compton will feature over an hour’s extra footage of contract negotiation and detail legalese about the career of iconic rap group N.W.A. Speaking EXCLUSIVELY to the Studio Exec, Gary Gray, or the Negotiator as he prefers to be known, had this to say:

We put as much about the different contracts in the film as time would allow. Obviously people wanted to see the music being produced in the studio and performed live and we were very concerned about capturing the excitement of all that but we were also really interested in getting the sense of N.W.A as a legal entity and how the percentages were divided. Who got what? And what were the tax payments maybe at the end of the fiscal year? We also wanted to show clearly how Ice Cube’s solo career allowed him to diversify his investments and make some very interesting decisions with a new brokerage firm that he employed, none of which made the theatrical cut. Rachel Weisz, who plays the hedge fund manager, was super pissed.

 She was cut out of….

To the Wonder. I know. Paul Giamatti wasn’t crazy about the theatrical release of the film as well and I don’t blame him. Some of his best work was Jerry explaining the intricacies of the deal he had made with Eazy Z and the boys. And there’s a scene where he just shows Ice Cube (played by O’Shea Jackson Jr) a copy of the contract. We cut it down for running time and pace, but in the new version they read through the whole contract together and go over it clause by clause.

Wow. That actually changes the meaning of the story. 

Every film has to have a villain and Jerry became outs, but in reality those boys spent more time talking about tax deductibles and creative financial solutions than they did about hitting the pipe and popping caps in asses.

Straight Outta Compton: The IRS Edition will be available from all outlets and digital media from today.