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Horror Franchises Impacted By Potential Weinstein Company Collapse

Horror Franchises Impacted By Potential Weinstein Company Collapse

The genre titan is about to fall and it could impact several important horror franchises.

Last week, Colony Capital reached a preliminary agreement to provide much-needed cash to The Weinstein Company, which has been thrown into turmoil by allegations of sexual harassment and rape against its co-founder Harvey Weinstein. Colony was also given a limited period to exclusively pursue the purchase of some or all of the Weinstein Company’s assets.

But those plans have changed, explains the NY Times. Colony has not and will not provide a cash infusion, according to two people briefed on the matter, who spoke on the condition of anonymity on Wednesday to discuss private deliberations. They further added that Colony saw bankruptcy as the most likely near-term outcome for the studio. This potentially could put The Weinstein Company’s assets, which include Dimension Films, into auction.

There are other options, which means we’re going to have to watch and see how everything unfolds. Still, it got me thinking, what assets are held by The Weinstein Company that could be freed like Michael Myers and Halloween, who both snuck their way out of the company over a year ago?

Obviously, my first thought was, what’s going to happen to Wes Craven and Kevin Williamson‘s Scream franchise? Our understanding is that Miramax no longer has any involvement, which means it’s possible this asset could be up for grabs. What of MTV’s “Scream” series and forthcoming reboot that’s been fully cast and allegedly begun shooting for a March release?  Interestingly, we discovered that Netflix had secretly been producers on previous seasons. Could they still back the series in the event of a Weinstein bankruptcy? Or would the rights be tied up? We’ll watch this one closely.

Scream

The Weinstein Company’s Dimension Films quietly put sequels to both Clive Barker‘s Hellraiser and Stephen King‘s Children of the Corn into production two years ago. It was done as a bid to retain the rights with allegedly no intention of a release. Us horror fans have suffered through this for decades now (with Inferno, Hellseeker, Deader, and Hellworld) and it’ll be interesting to see if both franchises will be freed from the grasp in the event of a bankruptcy. For now, there are two completed films collecting dust: Children of the Corn: Runaway, directed by John Gulager (Feast trilogy, Piranha 3DD, and Zombie Night), and Hellraiser: Judgment, helmed by effects wiz Gary J. Tunnicliffe and featuring Paul T. Taylor as the new Pinhead.

Let’s not forget, this past August we reported that Producer Donald Borchers filed a federal copyright suit, alleging that he and not The Weinstein Company owns the sequel rights to Children of the Corn. This could also come into play in the coming year and will be something to keep our eyes on.

Then there’s the official The Amityville Horror franchise, which just saw the release of The Awakening on Google Play and VOD. Produced by Blumhouse, the released film had scrubbed Harvey Weinstein‘s name off of the credits entirely. The film, which had suffered through many reshoots, had been in limbo for years before eventually being dumped. Platinum Dunes had once remade the film, could another studio swoop in and take a chance on it? James Wan‘s The Conjuring sequel opened with the Defeo murders, maybe we’ll one day see Amityville as one of the many Conjuring spinoffs? It’s also important to note that Miramax also retains some sort of rights in this franchise, so it’s entirely possible this ends up in limbo.

There’s more, as Dimension Films released both the Alex Aja-helmed Piranha 3D and its sequel, Piranha 3DD, directed by John Gulager. The reboot of Joe Dante‘s franchise is another that could end up available, as well as David Cronenberg‘s Scanners, which Dimension had been developing for television. (In a quick IMDb search, however, it shows Bron as the current rights holder. We’re looking into this.) What happens to the Sin City franchise, which was a co-production between Dimension and Robert Rodriguez‘s Troublemaker Studios? And what about the various films acquired and shelved that still haven’t seen the light of day, including the French horror Livide?

The legal system is a complicated one and we’re not going to sit here and act like we understand the ramifications of each and every piece of news that trickles out. What’s clear is that The Weinstein Company is in serious financial trouble and could end up in bankruptcy. It could end in one of a dozen different ways. What we hope, though, is that through this process some of our favorite franchises are able to wiggle free to a better home and not end up in rights limbo until the end of time.

What do you guys think?



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COMMENTS

54 Comments
  • Munchie Strikes Back

    All those movies would suck anyway.

  • sliceanddice

    think they will quickly sell all the rights?

  • MeeGhoulz

    Inferno, Hellseeker and the first two are actually good. the rest, including 4 ,with the Motorhead song, sucks… Livide is really good, it’s for the best they didn’t come up with an american version.

    • Munchie Strikes Back

      My favourite other than the first two is the one where you don’t know what the hell is going on the entire time and it’s all very hallucinatory, cutting between reality and fantasy.

      • MeeGhoulz

        Well, both are kinda like that… but Hellseeker has Kirsty, so it’s better than Inferno, which is still good.

  • DaddyKo

    I’m going to rewatch the first 2 Hellraisers on Netflix for Halloween, I never got into that franchise and fell asleep during the first few u stallments ive seen. Hellraiser is a franchise I believe would benefit from a big screen remake/reboot over never ending shit direct to dvd sequels. I liked the first 2 seasons of MTVs Scream but frak them for this pc reboot bullshit and leaving us hanging, hope it gets canceled and we see it return to the big screen at some point most likely as a reboot.

  • pablitonizer

    Halloween franchise being produced by blumhouse and distributed by universal is pretty safe, isn’t it? I don’t care for the other franchises, they’re pretty bad imo

    • It’s safe, but I would prefer Clive Barker re-obtaining the rights.

    • Hero

      If the Weinsteins lost the rights to those other franchises, maybe they would stop being “pretty bad”. The reason Hellraiser and Children of the Corn ended up with the reputations they have is because someone at Dimension/Weinstein Company decided they weren’t marketable or relevant, but let’s bury them under cheap direct to video releases so we can hold onto the rights forever for no reason. Halloween at least had the luxury of being a mainstream property so they were never going to release a slew of direct to video movies just to keep the rights while they sit on their hands and do nothing with it.

    • BreeBennett

      Yes, it is.

  • Mamet006

    I still think it’s a bit absurd to remove his name from everything. He still did the work.

    • chuck

      Yes, this can lead down a slippery slope where you can erase history, for the worst.

      You should still keep the mans name on the things he did, you just don’t have to honor him.

  • Simon Allen

    They are all better off out of Dimensions hands and will probably be sold off pretty quick to make a fast buck .
    I think the most likely one for success could be a big budget Hellraiser reboot with a decent director and cast , with the success of IT the larger studios should be less afraid of giving this a chance maybe .
    Oh and they should have left his name on Amityvile – The Awakening (yes I did that on purpose)
    as a punishment .

  • Creepshow

    No losses here. And Sin City was already ruined.

    • I only hope Hellraiser can end up somewhere that can reinvigorate the franchise. I honestly think there’s an awesome remake/readaptation to be made.

      • Creepshow

        Honestly dude, I think the masses are tired of 80’s horror rehash. The population of people clamoring for this stuff is small in the grand scheme of things. None of the 80’s slashers were ever huge money makers even in their day. And they sure won’t be now.

        • I think it’ll come down to how well Halloween does if the reboot craze is reignited. I’m sure Hollywood already has their gears turning off the success of IT…even if that’s not comparable to the 80s slashers. They still see the dollar signs.

          • Creepshow

            Good luck with Halloween, considering they are telling people to forget 75% of it.

        • Hero

          Honestly dude, who asked you? Go watch Creepshow or something.

          • Creepshow

            Did you name yourself after a sandwich, fat-ass?

        • On the contrary, the large amounts of money they made was the only reason they lasted for all so long.

          • Creepshow

            Jesus man, go take a breather or a smoke break.

          • Every moment is a smoke break when you have a lighter 😉

          • Creepshow

            I can’t say that I know what you’re talking about. But…ok.

          • “Jesus man, go take a breather or a smoke break.”

          • Creepshow

            “Every moment is a smoke break when you have a lighter ;)”

            Are we done now? I need a smoke break.

          • Creepshow

            I’ll try my best.

      • Best case scenario, Clive Barker gets the rights and finally makes that reboot with Doug Bradley.

  • le4therfac3

    blumhouse should save them all. specifically scream.

    • King Jordyn

      i agree!

  • BreeBennett

    Weinstein and Dimension were never good studios to beging with in my opnion. Majority of their movies had production problems, because the brothers always got in the way and changed things around and ruined their own movies, and of course the constant movie delays. Maybe now we can see better movies and the Scream franchise can go to better hands.

    • The Weinsteins were the reason why Rob Zombie had problems with his two HALLOWEEN films and why he never pursued getting WEREWOLF WOMEN OF THE SS made into a full length feature film. It’s most likely that the fall of the Weinsteins will free up a lot of movies(with releases held back by them),including the likes of LIVIDE and DOBERMANN and many of the Hong Kong films that they’ve been tightly back from official U.S. DVD/Blu ray releases.

      • Brad

        Or because Zombie made two terrible Halloween films?

  • DaddyKo

    Sin City is currently in the works as a tv series with Len Wiseman developing it.

  • The Night King

    Weinstein more than deserved to be taken down, however, it is unfortunate that he was also responsible for making some very good movies in the past few decades. And I totally believe it when they say that every actor/actress/politician who claims they did not know was fully aware of the situation. Actors/actresses are so full of shit and raging hypocrites.As far as the franchises, if there is money to be made, they will survive. It’s just a matter of the franchises being bought by people who know what to do with them.

  • Nefferson Taveira

    This company is a cancer and i’m so glad it is dying. I just hope our favorites franchise falls in some capable hands, like Blumhouse.

  • Court

    I can only hope Blumhouse, Netflix, or some other company snags the Hellraiser franchise and saves it. That’s a series with so much potential that was flushed down the drain thanks to the Weinstein’s.

  • Oscar Stoker

    I have 80 quid in my bank account. I’ll buy the rights to “Scream!! Probably need a couple more millions though..so…..

  • Aaron King

    Maybe now we can get a director’s cut of Hellraiser: Bloodline.

  • Necro

    I just hope ‘Hellraiser’ & ‘Scream’ end up in good hands.

  • Francesco Falciani

    i hope blumhouse or universal could buy the Scream and hellraiser franchises

    • Clive Barker getting the rights back would be better.

  • Yes! I still want to see Hellraiser: Judgment, but I REALLY hope that Clive Barker gets the rights back.

    To a lesser extent, I wouldn’t mind Stephen King getting Children of the Corn and them losing Scream (after what MTV has been doing).

  • DukeStKing

    Maybe they can modify a Weinstein mask for next year’s Halloween sequel!

  • Mr. Screamer
  • Hero

    I feel like the neighbors from “What About Bob?” after Richard Dreyfuss’s house blew up. “BURN! BURN! BURN!” It’s ironic that these guys see themselves as purveyors of art but then they release so much meaningless low budget crap that they never promote just to hold onto franchises they have no intentions of doing anything relevant with.

  • J Jett

    so many horror/thrillers have been fucked by the complete and utter incompetence of the Weinsteins/Dimension but that’s been happening LONG before the whole Harvey W. thing exploded. i’m actually thrilled they are gone/going.

  • Grimphantom

    https://uploads.disquscdn.com/images/afaa95b390ff605fad9cd8bab0af6108d30a81cfaea0f4dca5ec77387a88a036.gif
    Like it didn’t affected Horror already with Dimension’s bull crap decisions, i see this as a positive note, we might see franchises getting better treatment with the right people involve.

  • steeler74386

    Didn’t know we are getting a reboot I’d scream good gosh it isn’t even that old!!….didn’t know bout the children of the corn….hope we will still get to see the new Halloween next year

  • Rofair

    Please let Blumhouse get Scream! I would love nothing more than to see the series revived and have them offer Kevin Williamson full creative control. As I understand it, Kevin was always butting heads with Bob Weinstein but now that Bob’s career is over maybe we can get a decent Scream without any studio interference!

  • Coty Reynolds

    Please let someone get the rights to Scream so they can cancel that God awful tv reboot idea, and get the series back into theaters where it belongs.

  • EvilHead1981

    Before Harvey’s perverted predatory ass was made public, Weinsteins/Dimension were pretty shit regarding the horror franchises they had creative control over. They were the EPITOME of “sell out” and “appeal to the lowest common denominator”. They’ve run a few number of franchises into the ground because of their meddling. The only good thing they’ve ever produced was The Burning, which given the recent revelations of Harvey’s sexual history towards women, some scenes in that movie might never be able to see the same way again.

    Who ever obtains these franchises, they’ll likely be in better hands, though if I had the choice of what should NOT snatch these ones up, it would make sure they don’t fall into the hands of Platinum Dunes or Sony Studios.

  • AdamX

    I wish they could’ve free’d Pinhead earlier in time for the ending to Freddy vs Jason, sad it took a shitheel getting his due for it to finally possibly happen.

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