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Scream 4 and Piranha 3D in Trouble?

According to Deadline Hollywood it would appear that Dimension is hurting financially, hurting so much that future horror films like Scream 4 and Piranha 3D might be in jeopardy. Could this be the beginning of the end for Bob and Harvey Weinstein along with many of our favorite Horror franchises and movies? Read more.

Follow up:

Word is that the UK office of Bob and Harvey's company is now a one man show and the Hong Kong division is now officially closed. Why? Deadline Hollywood reports that Dimension is running out of the green stuff quickly.

Taken from Article: "Even though Inglourious Basterds has been doing better than expected at the box office, TWC still has to share the worldwide revenues 50-50 with Universal. At one point, Uni was nervous whether The Weinstein Company even had the $30M necessary to adequately release IB domestically because TWC had depleted all its cash reserves, taken out a $75M bridge loan from Ziff Brothers Investment, and put all of its other movie releases on hold. True, Basterds gave Quentin Tarantino his biggest opening ever, thus erasing Harv’s fears this would be a Grindhouse-like flop. But Basterds had a negative cost of $72M and a humongous first-dollar gross participation — as much as 25% — for Tarantino and Brad Pitt.

Then there's The Weinstein Company’s release of its 100%–owned Halloween II one week later. The first in the Rob Zombie rebooted franchise opened with a solid $26.3M weekend back on August 31, 2007 -- promising a newly invigorated franchise. Didn't happen. Last weekend, Zombie's fan-repelling Halloween II managed only a $16.3M debut weekend, which was a huge disappointment. Not just to Harv, but to others. Because several TWC filmmakers were told that the Weinsteins have to see how Halloween II opens before they decide how many movies they can open for the rest of 2009."

Normally, a studio can risk taking gambles on low budget Horror movies as long as their tent pole flicks (like Inglorious Bastards) make up for the losses. So even though Halloween 2 DID make its budget back and then some, according to the article, TWC has to share up to 50% of its worldwide takings with Universal when concerning 'Bastards' making it not nearly as profitable.

I still think it was unwise for the Weinsteins to run Halloween 2 against The Final Destination. Sure, H2 has a huge fan base but the general audience still heavily outweighs us fan boys when it comes to ticket sales. Plus The Final Destination was in 3D and that's the hot ticket right now (as far as general movie goers are concerned).

So is the much anticipated Piranha 3D and the rumored/sort of confirmed Scream 4 still going to happen? Will this effect Halloween 3D next year?

What do you think?

Source: Deadline Hollywood

RELATED LINKS: 3d, piranha 3d, scream 4. remake Posted Under The Pulse of Horror on 09.5.2009

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piranha 3d, 3d, scream 4. remake

4 comments

DrenTheLiar · http://www.myspace.com/ss4_gogeta

09/05/09 @ 13:46

Good. The Weinersteins and Dimension will go under but I don't see how Halloween would die because of it. Sell the rights to someone who can actually revive the series. I think the failure that H2 is proves that adding Zombie the franchise was a bad decision.

dxh8r4life

09/05/09 @ 15:16

i liked the scream series, so i hope they can figure something out with all this...

Cropsy

09/05/09 @ 16:16

I am very happy to see they are having troubles as bad as that sounds. Rob Zombie certainly can't be blamed for everything that has hurt thier company as they have made alot of bad movies and rushed others that could have done better much like H2 not being out against FD3d. That was one of the worst things they could do right now especially with the way 3D has been watched as of late. I hate to not see Piranha not get released as I love the old version but it is time for them to start selling the rights to people who actually care and before they destroy a movie like the Burning.

Alan · http://yahoo.com