A tech-industry tycoon thought that he saw a void in the children’s animation movie business and stepped up with his own $40 million production of animated fantasy “Delgo.” This sounds like the start of a fairy tale story, but this one has an unhappy ending. “Delgo”--which was reportedly supported by a $20 million theatrical marketing campaign--is one of the all-time bombs … [Read more...] about ‘Delgo’ Flop Highlights Risks For Outsiders
independents
Majors Exit Indie-Film Distribution
Paramount Pictures and Warner Bros. Pictures are closing or retrenching four of their indie-style specialty distribution arms, after the majors rushed into low-budget, high-brow films in the 1990s. At that time, the majors emulated Walt Disney’s indie-diversification after acquiring Miramax Film. In recent actions, Paramount Vantage is being downsized. Across town, Warner … [Read more...] about Majors Exit Indie-Film Distribution