Shia LaBeouf Movie Canned
by
Clint MorrisJanuary 4, 2010
I can attest to how lousy the landscape for film finance is right now - in short, there’s no coin to be had. When it comes to smaller, superhero-less features your best bet is to essentially take a second mortgage out on your home... if you’re that keen to make your flick. And people do. We do.
One of my films (“
First Howl” with Eric Stoltz, Kristina Anapau, and C.Thomas Howell) was due to lens in February (2009). But six weeks or so out from production, the financiers went belly-up - leaving “
First Howl” and a dozen or so other films that the cabbage-lenders had invested in, in limbo. There’s nothing you can do when that happens - accept extend options, update your casts’ LOI’s, and speak to some of those other (sometimes, initially interested) parties about taking over the production. In our case, we simply put that film on the shelf and got another up. And we will return to “Howl” at a later date. Probably. (We start a new film in March - which will be announced soon - and have another in pre-production, ready to go shortly after it, so the werewolf pic likely won’t happen before 2010, even if a new production company does get involved).
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here.