Inventory climbs to 400 titles
Pinnacle Entertainment has bought the domestic TV rights to a pair of indie pics: “Cloud 9,” a comedy with Burt Reynolds and D.L. Hughley; and “Spooky House,” a family Halloween picture with Ben Kingsley and Mercedes Ruehl.
These movies join a Pinnacle inventory of close to 400 titles owned by Roger Corman’s Concorde-New Horizons, for which Pinnacle prexy Michael Weiser has signed as distributor in basic cable, pay TV and TV syndication in the U.S.
Earlier this week, Weiser sold back to First Look Studios the rights to 56 direct-to-video pics that Pinnacle had distributed for First Look, which changed its mind because it wanted to get into the TV syndication biz.
Weiser said he’s sold most of the Corman titles to cable networks. Showtime has an exclusive window to “Death Race 2000,” with Sylvester Stallone, and to “Grand Theft Auto,” directed by, and starring, Ron Howard. Sci Fi Channel has bought “Carnosaur” and its two sequels, and Spike TV has picked up “Bloodfist” and its eight sequels.
“Cloud 9,” produced this year by Albert S. Ruddy and Gray Frederickson, concerns a group of sleazy entrepreneurs who form a pro volleyball team made up of strippers.