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Sunflower
Valinor
Nov 29 2009, 6:05pm
Views: 2027
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Warner Brothers is delaying the green light b/c it wants to buy out MGM. MGM keeps getting forbearances to pay its debt, or at least provide credible proof that it can get a head start on paying its debt. It was supposed to go on the auction block in December, and it got a forbearance until the end of January. This is its 2nd forbearance. Warner's wants to buy out MGM so all facets of TH production can go under one roof (and of course they'd get all the profits.) They think that if they did not do this now, down the road there'd be trouble, as MGM being the co-financier and foreign distributor, if it went belly-up they'd get sucked into its death throes and TH would be delayed as a result (never good for buzz. Remember James Cameron and Titanic.) MGM, on the other hand, has been making precisely the same argument to its creditors: that TH is a potentially extremely profitable investment and this is what is swaying the creditors to be merciful: if TH production is delayed or interrupted, it would damage the profits, so best to leave things as is. It's a horrible chicken-end-egg situation and I'll bet all parties at WB are getting really impatient and wondering how to make it stop. How do they get out of it and bring things to a conclusion? IMO MGM, as great a studio as it once was, has been on life support for years and it is time to pull the plug. Its debts are so great that not even the library can save it. I never thought I'd be for any sort of backstage chicanery, but I'll bet several parties have ben triyng to facilitate MGM's demise and have so far been unsuccessful. (Nikki Finke has been great at covering this debacle. http://www.deadlinehollywooddaily.com. I hope someone can get this ball rolling... As for the filming delay...it's not that bad (yet) As has been said, they're doing 2 films not three, and pre-production is further along this time. They're not starting from scratch. I was wondering how they were going to begin filming in March or April with a green light in December...I would NOT want the casting process rushed through. It's only a 3-month delay. Not 6. But I'll bet WB has asked Peter to contine to finance this thing (gone to him with hat in hand). And PJ has graciously said yes...but privately, I'll bet both he and Guillermo are steaming mad. This will not damage the production IMO, they can still keep the release date, but any further delay after the summer and it will. The bit about "completing the 2nd script" is just b.s. They can get that done, but while they have extra time to do that, casting is again delayed. (we hope not. But I think it will be..) Which leads me to Dec 8. Why did WB give us a Dec 8 date if they already knew that there was going to be no green light? The forbearance was supposed to expire in January, so they must have been sure they were going to be in negotiations to get the studio anyway. If there is to be no green light, then just *what* are supposed to be hearing on Dec 8? Is that delayed too? But *of course* they'll say nothing right now. They want to leave us hanging in the air while the buzz goes out... I just think they're feeding us b.s. right now so fans and the media won't get any negative buzz...that way, Dec 8 may quietly come and go, like so many other dates have... Dangit, I wish I could be a ghost and invade the offices of these people, and haunt their dreams. I won't officially say this project is cursed until the filming is delayed again..and may that not happen. It's getting harder and harder to maintain any Gramma-like optimism here!
(This post was edited by Sunflower on Nov 29 2009, 6:15pm)
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Subject
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User
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Time
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PJ: "No green light yet"
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cedric
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Nov 29 2009, 2:00pm
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Very interesting....
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Eldy
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Nov 29 2009, 2:48pm
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Posted by Hsvfan: Shooting delayed to july 2010, according to Herr-der-ringe-film.de
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Altaira
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Nov 29 2009, 5:12pm
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I really, really hope..
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Buchanicus
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Nov 29 2009, 8:45pm
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I do too.
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Sunflower
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Nov 29 2009, 9:40pm
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non-holiday release does not kill Oscar chances
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almas_sparks
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Nov 30 2009, 3:42pm
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It's as I feared...
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Sunflower
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Nov 29 2009, 6:05pm
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Well that's depressing!
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Captain Salt
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Nov 29 2009, 6:15pm
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If you are right, and you do make a plausible case, then I am relieved.
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Pryderi
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Nov 29 2009, 8:23pm
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We all know what a financial disaster that turned out to be
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Voronwë_the_Faithful
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Nov 29 2009, 10:21pm
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LOL
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Sunflower
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Nov 29 2009, 10:46pm
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Am I know the only one who
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Wandering Ranger
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Nov 29 2009, 10:57pm
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Me too!
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hamlet
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Nov 30 2009, 5:25pm
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Oops...I meant "the autumn of 1997"
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Sunflower
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Nov 29 2009, 11:14pm
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Are you sure about that?
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Eldy
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Nov 30 2009, 5:40am
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Then why....
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Sunflower
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Nov 30 2009, 9:52am
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With all due respect, Perlman isn`t cast
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almas_sparks
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Nov 30 2009, 3:33pm
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Plans change when stuff comes up
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Eldy
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Nov 30 2009, 5:34pm
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The only thing...
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Sunflower
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Nov 29 2009, 6:23pm
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casting
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Growlithe the Grey
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Nov 30 2009, 3:13am
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..
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Nine Finger Frodo
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Nov 29 2009, 7:48pm
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Since..
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Nine Finger Frodo
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Nov 29 2009, 11:11pm
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I'll wait to hear it from
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grammaboodawg
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Nov 29 2009, 11:12pm
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Sounds right and one interesting change
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MrCere
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Nov 29 2009, 11:45pm
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Wails and screams
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AinurOlorin
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Nov 30 2009, 7:05am
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what's cookin?
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carrioncrow
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Nov 30 2009, 11:19am
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Casting wide open again...
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olipowell
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Nov 30 2009, 4:14pm
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Actors drop from movies all the time
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almas_sparks
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Nov 30 2009, 4:39pm
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Yeh I'm well aware of that
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olipowell
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Nov 30 2009, 4:48pm
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July is just an estimated beginning of production
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almas_sparks
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Nov 30 2009, 5:39pm
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Am I the only one...
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Buchanicus
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Nov 30 2009, 7:43pm
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I agree with everything you're saying
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olipowell
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Dec 1 2009, 12:58am
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Very encouraging about the green light
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Eldy
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Dec 1 2009, 1:46am
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The frustrating thing - not knowing
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Growlithe the Grey
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Dec 1 2009, 7:24am
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WB is just smarting up from The Watchmen brouhaha
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almas_sparks
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Dec 1 2009, 2:27pm
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If that's the case...
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olipowell
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Dec 1 2009, 2:50pm
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if they hired casting directors now...
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almas_sparks
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Dec 1 2009, 3:02pm
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Realistically...
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olipowell
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Dec 1 2009, 3:55pm
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keep us posted
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almas_sparks
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Dec 1 2009, 7:04pm
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Yes, with all due respect, Almas....
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Sunflower
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Nov 30 2009, 5:07pm
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It is favorism
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almas_sparks
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Nov 30 2009, 5:25pm
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A couple of thoughts
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MrCere
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Dec 1 2009, 7:51am
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And, of course, GdT isn't the first one to do this.
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grammaboodawg
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Dec 1 2009, 10:03am
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In all due respect, Jones and Perlman aren`t Jimmy Stewart
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almas_sparks
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Dec 1 2009, 2:18pm
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Of course not.
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grammaboodawg
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Dec 2 2009, 2:06am
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Than I hope the studio will put the kibosh on favorism in major roles
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almas_sparks
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Dec 1 2009, 2:13pm
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Patience
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Kangi Ska
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Nov 30 2009, 6:40pm
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Golly gosh darn willikers
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Tim
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Nov 30 2009, 8:49pm
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Another reason
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dennis.p
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Nov 30 2009, 8:52pm
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Inconceivable
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Kangi Ska
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Nov 30 2009, 9:28pm
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I doubt PJ would direct
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Kristin Thompson
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Nov 30 2009, 11:40pm
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I'm so disappointed
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Goldberry of the river
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Nov 30 2009, 9:48pm
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Me too
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PettyMim
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Nov 30 2009, 9:54pm
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I'm TRYING to be patient
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Goldberry of the river
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Nov 30 2009, 10:24pm
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Thanks for the reminder!
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PettyMim
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Dec 1 2009, 3:23pm
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So, if shooting will start three months later,
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Theodred
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Nov 30 2009, 11:31pm
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I doubt very, very much...
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sticklebat
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Dec 1 2009, 8:55am
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Too pessimistic....
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dormouse
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Dec 1 2009, 1:19pm
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I'm kind of holding on to all hope here, so......
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the_Big_X
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Dec 1 2009, 1:40pm
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There's PJ himself
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Eldy
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Dec 1 2009, 6:53pm
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