
If you went to anyone in the Hollywood business right now, most would be giddy. For instance, FOX is ecstatic that Avatar is the biggest film of all-time. One studio (besides MGM of course) is unhappy. That studio is The Weinstein Company. They've had minor cash problems for a few years now, but their problems have just got worse.
You see, The Weinstein's haven't had a hit since the 2007 thriller 1408. After a string of flops like Zach and Miri and Fanboys they finally hit the gold mine with their biggest film ever: Inglorious Basterds. That film hit 121 million and is (to date) their highest grossing picture ever. Hoodwinked! was also another hit, but their most recent film was such a big bomb, it puts the whole company at jeopardy.
The film that failed was Nine. With a ton of big names in the posters, it seemed like a can't miss film. Imagine the money and Oscars the film would reap. However, this 80 million dollar film has cost The Weinstein's nearly 60 million. With layoffs after layoffs occuring, I think it's inevitable the film goes bankraupt faster than MGM. Unless Hoodwinked 2 and Pirhana 3D are juggernauts, I think this company is heading to the garbage bin.
SYS
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