Nikki Finke’s Deadline Hollywood Daily is reporting The Weinstein Company is on the verge of financial collapse and only the box-office returns for Rob Zombie’s H2 can save them. According to Finke’s inside sources, TWC only has enough cash reserves to stay afloat until August. In a desperate attempt to save the company, the Weinstein brothers are pulling all of their films from release in order to have enough capital to advertise and distribute Inglorious Bastards and H2. Early reports stated the company’s hopes rested on Tarantino’s WWII film, but the latest update claims the future of the company is riding on Zombie’s sequel. The fate of Forest Whitaker’s Hurricane Season and the big budget Shanghai is in limbo until the company sees the box-office returns for H2.
Zombie has been criticized lately for his drip, drip, drip, approach of releasing information about H2 on the internet. It may annoy fans, but it’s a cheap way of keeping the film’s name alive. Zombie’s actions are much more understandable when one considers the film may have a very limited advertising budget. Making matters worse for Zombie, TWC is releasing IB on August 21, just one week before H2 is set to debut. He’s getting hit with competition from the same company that produced H2.
Check out www.deadlinehollywooddaily.com/update-more-on-weinstein-co-meltdown/ for the original article concerning the H2 revelations. There are links to the first two articles concerning TWC’s money woes at the bottom of Finke’s post. Also, Tarantino fans will learn why IB might get butchered worse than one of Michael Myers’ victims.
If you take nothing else from this article, Retro Slasher fans, realize this: The fate of a major Hollywood studio rests in the hands of slasher fans. (Insert your own demonic or evil genius laugh here.)