Stopping Power gets new lease ...
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Stopping Power gets new lease ...
From Variety ...
Jan De Bont's 'Power' back on track
R Media picks up action film
By CHRISTIAN KOEHL
COLOGNE — The Jan De Bont helmed action pic "Stopping Power" has been resurrected.
Production on the $40 million John Cusack starrer was halted three weeks ago after a key investor dropped out.
Now the pic's German producer Internationalmedia has announced it is teaming up with strategic investor R Media Acquisitions LLC and that the project is up and running again.
R Media is taking over IM Stopping Power, the company responsible for the project, and will assume all liabilities in connection with the pic's production.
R Media will appoint a new management for IM Stopping Power and withdraw its application for insolvency.
As part of a wider restructuring, Internationalmedia plans to sell its sales company IM Global, which it set up earlier this year. IM Global will continue to act as sales agent for all future Internationalmedia productions.
Capitol Films will become the sales agent for Internationalmedia's existing library, which contains some 70 titles.
I wonder what will happen now that Jason's filming Le Escorial?
Jan De Bont's 'Power' back on track
R Media picks up action film
By CHRISTIAN KOEHL
COLOGNE — The Jan De Bont helmed action pic "Stopping Power" has been resurrected.
Production on the $40 million John Cusack starrer was halted three weeks ago after a key investor dropped out.
Now the pic's German producer Internationalmedia has announced it is teaming up with strategic investor R Media Acquisitions LLC and that the project is up and running again.
R Media is taking over IM Stopping Power, the company responsible for the project, and will assume all liabilities in connection with the pic's production.
R Media will appoint a new management for IM Stopping Power and withdraw its application for insolvency.
As part of a wider restructuring, Internationalmedia plans to sell its sales company IM Global, which it set up earlier this year. IM Global will continue to act as sales agent for all future Internationalmedia productions.
Capitol Films will become the sales agent for Internationalmedia's existing library, which contains some 70 titles.
I wonder what will happen now that Jason's filming Le Escorial?
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- Hilary the Touched
- Site Registrant
- Posts: 7197
- Joined: Sat Jul 23, 2005 2:11 pm
- Location: The Frozen North
- Contact:
- Hilary the Touched
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- Posts: 7197
- Joined: Sat Jul 23, 2005 2:11 pm
- Location: The Frozen North
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According to this article, not only has the film found new investors, they even INCREASE the budget by another $10 millions.
http://www.bigpictureradio.com/2007/09/ ... -with.html
http://www.bigpictureradio.com/2007/09/ ... -with.html