MGM’s tumultuous future has put several near-completed films on the back burner — with both filmmakers and audiences uncertain when they will ever get released, according to The Hollywood Reporter.
The Joss Whedon penned Cabin in the Woods and ’80s propaganda film remake Red Dawn are just two of the films who will likely miss their scheduled release date. Red Dawn was due to hit theaters in November and The Cabin in the Woods would have seen release next January. Speaking of The Cabin in the Woods, have you seen the film’s IMDB page lately? There are some potential spoilerific clues to the film’s still mysterious plot. Merman? And why would there be a hair stylist for Sigourney Weaver if she’s not listed in the credits. Curiouser and curiouser.
No trailers have been cut and most assume that both films will be shelved for an indefinite period while MGM works out its financial woes.
MGM’s James Bond franchise and the upcoming prequel to the Lord of the Rings series, The Hobbit, are two more potential money makers for the studio that have been shelved while the company attempts to settle its nearly $4 million debt.
For a more in-depth look at the studio’s crushing financial burden and the effort going into attempting to alleviate some of the company’s debt, including MGM’s desperate attempt to find a new CEO, read THR’s full report here.
The Buzz: As a movie fan, I hope MGM can settle its problems before too long — if only so that I will be able to see Red Dawn and The Cabin in the Woods, two films I was very much looking forward to.
I’d hate to see a repeat of the Miramax situation — where several films have set on the shelf for months, if not longer, while the studio transitions into a new owner’s hands.
As it is not known how much work still needs to be done on the films or if the studio could even afford advertising costs, one possible situation would be for MGM to sell off the movies to another studio. This, however unlikely as it may be, is not unheard of.
You can be assured, Inside Pulse Movies will keep you covered on all the latest developments as they unfold.