Debt restructuring and a dramatically decreased slate in 2009 are some of the challenges the Weinstein Co. faces. But sibling titans Harvey and Bob continue to fight for their survival in the indie arena.
Two years ago, the failure of “Grindhouse” to score big sales was supposed to be the nail in the coffin. But Quentin Tarantino’s “Inglourious Basterds,” their latest make-or-break effort, proved the naysayers wrong, grossing well over $130 million worldwide as of mid-August.
The company has other life rafts: Late ’08 release “The Reader” roped in $106 million globally to become one of the company’s top grossers. First half of 2010 slate includes potential breadwinners “Hoodwinked Too!” and “Piranha 3D.”
While TWC pushed “Shanghai” and “All Good Things” off its schedule, Michael Cera comedy “Youth in Revolt” premieres this week in Toronto, following good buzz. And never to be counted out of a competitive Oscar race, the Weinsteins may once again join the fray with John Hillcoat’s “The Road” and Rob Marshall’s musical “Nine,” a hoped-for success in the mold of “Chicago.” Still, observers note, TWC will have to work some money magic to fill up the P&A coffers.
B.O.: $167.1 million
TOP PIC: “Inglourious Basterds” ($80.2 million, still in release)
TOPPERS: Harvey and Bob Weinstein, co-chairmen; Lee Solomon, COO; Tom Ortenberg, president of theatrical
UP NEXT: “The Road” (Oct. 16), “Youth in Revolt” (Oct. 30), “Nine” (Nov. 25)