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    Oscar winner Ed Zwick writing memoir “Hits, Flops, and Other Illusions”

    By SHOOTUpdated:No Comments1852 Views
    Director Ed Zwick appears at the premiere for the movie "Pawn Sacrifice" during the 2014 Toronto International Film Festival in Toronto on Sept. 11, 2014. Zwick's memoir "Hits, Flops, and Other Illusions: My Fortysomething Years in Hollywood," will be released on Feb. 13. (AP Photo/The Canadian Press, Nathan Denette, File)
    NEW YORK (AP) --

    Oscar-winning director-producer Ed Zwick is working on a memoir, with all the highs and the lows and in-betweens.

    Gallery Books, a division of Simon & Schuster Inc., announced Monday that Zwick's "Hits, Flops, and Other Illusions: My Fortysomething Years in Hollywood," will be published Feb. 13. Zwick's directing credits include "Glory" and "Legends of the Fall," for which he received Golden Globe nominations; along with the less successful "Pawn Sacrifice" among others. He also was a co-creator of the highly regarded TV series "Thirtysomething."

    He won a best picture Academy Award as one of the producers of "Shakespeare In Love," and he was nominated as a producer of "Traffic."

    According to Gallery, the book will trace "the head spinning ascents and vertiginous plunges that define a career in Hollywood." Zwick, 70, has worked with such top stars as Tom Cruise, Leonardo DiCaprio, Annette Bening and Bruce Willis.

    "Even as the business undergoes yet another seismic shift, those of us who do the actual work (as opposed to those who hoard the lion's share of its profits) have no choice but to keep going," Zwick said in a statement. "This book is my attempt to understand that impulse. And to celebrate it in all its absurdities, ambivalences, and grace."

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    Tags:Ed Zwick



    Online forum Reddit will join the influential and closely tracked S&P 500 index

    Friday, August 14, 2026
    Reddit Inc. logos are displayed on the New York Stock Exchange trading floor, prior to the company's IPO, Thursday, March. 21, 2024. (AP Photo/Yuki Iwamura, File)

    Reddit will join the S&P 500 next week, giving the wide-ranging online forum a boost in prestige and investments.

    Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market's health. A company is selected for the index based on several criteria that demonstrate stability, including market size and consistent profitability.

    Reddit's stock surged nearly 14% around midday Friday.

    Aside from status, inclusion means more investments. The index tracks 500 of the biggest U.S. stocks, and trillions of dollars in investments benchmark themselves against it. Those investments include mutual funds and exchange-traded funds. Essentially, those funds will have to buy the stock once it becomes part of the index that the fund is tracking or mimicking.

    Investors are depending more than ever on funds that simply mimic indexes such as the S&P 500. It's a lower-cost way to invest, allowing savers to keep more of their investments. Partly because of that, such index funds have usually proven to be better performers than funds that try to pick and choose individual stocks.

    Reddit will join the benchmark index as of Tuesday. A stock must trade publicly for at least 12 months to join the S&P 500. The operator of the index, S&P Dow Jones Indices, stuck to that guideline recently when it declined to fast-track SpaceX into the index after the space exploration company's massive initial public offering in June.

    Reddit's inclusion comes weeks after it posted strong financial results for the second quarter. That included its highest-ever quarterly revenue. The company has been posting profits almost every quarter since it went public in... Read More

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