The layoffs have started at The WeinsteinCompany just one week after Rob Zombie’s Halloween II finished a disappointing third at the box-office. TWC, once a major player in Hollywood, had pinned its survival on the box-office performance of Halloween II. The films pulled from release so TWC could safe enough money to promote Inglourious Basterds and H2 are now in limbo until the Weinsteins find another bunch of suckers to lend them money. Even if TWC scraped up enough cash to release the films they’re sitting on there is little chance of them having a box-office hit.
So what does this mean for slasher fans? Don’t expect to see Halloween 3D or a new Scream at your local cineplex anytime soon. I don’t care what the press release says, I doubt TWC will be around long enough to rush H3D into production. Me thinks the announcement of a new installment was really just a ploy, a sort of weak attempt by TWC to make things appear as if everything is just fine after they saw the box-office returns.
Go to www.deadline.com/hollywood/unhappy-halloween-weinstein-co-layoffs/ to read the more about TWC’s troubles and Hollywood’s reaction.