Think Short On Cash: Trade Roughage 05/13/08

By Karina Longworth posted 1 year ago

The Variety headline: “Production Resumes on [David O'Russell's] Nailed,” which had been shut down due to the production company’s failure to pay union fees last week. The real story: ThinkFilm, and its financial backers, Capitol Films, are having trouble paying the bills. Not only did Alex Gibney threaten a bankruptcy lawsuit after a promised bonus for his Oscar win for Taxi to the Dark Side never materialized, but the mini studio is apparently in a such a cash crunch that they’re having trouble paying for newspaper ads for their current releases, and are expected to stay out of the buying fray at Cannes.
Another day, another sign that I should stop eating bagels whilst reading the trades, lest I choke to death: The Weinstein Company is making a live-action feature version of Fraggle Rock.
Steve Martin has sold a pitch to Paramount for a comedy called From Zero to Sixty, which would star he and Diane Keaton. Also, Pink Panther 3 is coming! You can exhale!

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