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Thursday, April 12, 2007

Not all is well with the Weinstein Company

From today's NYT: As last weekend’s box-office take for the heavily promoted “Grindhouse” tumbled in at just $11.6 million, a chilly realization came with the numbers: Not all is well with the Weinstein Company.

Indeed, the namesake entertainment boutique founded by Bob and Harvey Weinstein as they acrimoniously left Miramax and the Walt Disney Company two years ago has seen its highly visible movie operation suffer humiliations that might have sunk a less tenacious start-up...Read the whole article HERE.

A brief side note: Celia went to high school with Troy Duffy who was (in)famously given a chance to live the Hollywood dream when Harvey Weinstein gave him a million dollars for a screenplay (not to mention buying him the bar where he was working when "discovered"). The subsequent crashing and burning of Troy's career was made into a documentary called Overnight. Here's an article from the NYT about this cautionary tale of "False Hope, Hubris and Tinseltown. Fans of schadenfreude and/or comeuppance, Google "troy duffy" and "usa today" for more reading

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