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IS THIS A MELTDOWN? More Big Actors And Directors Caught In Capitol Crunch; Latest Film Features ‘Ugly Betty’ Star

MONDAY 11:30 PM: Tonight I’ve just been informed by a reliable source that “Capitol Films just had another movie shut down” — identified as An Invisible Sign Of My Own featuring America Ferrera, the star of ABC’s hit show Ugly Betty. It looks increasingly like a Capitol-sparked meltdown is happening in the indie film market, just as my sources feared. I’ll continue to follow this breaking story… So add her name to the star actors and directors like John Cusack, Helen Mirren, Gina Gershon, Joe Pesci, Jan de Bont, and Taylor Hackford whom I’ve learned have been, and Jennifer Lopez with writer-helmer Don Roos may be soon, affected by this cash crunch surrounding Capitol Films.  So it wasn’t just Jessica Biel and Jake Gyllenhaal and David O. Russell. “This is a big story that involves many projects,” one of my sources informs. All the details are here in my post that explains what’s really going on…

  • 5TH UPDATE: ‘Nailed’ Tip Of The Iceberg: Capitol’s Money Woes On More Films
  • 4TH UPDATE: ‘Nailed’ Production Resumed; More Capitol Films Suffered
  • 3RD UPDATE: David O. Russell Film Drama
  • Read More »

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    5TH UPDATE: ‘Nailed’ Tip Of The Iceberg: Capitol Films’ Cash Woes Impact Indies

    MONDAY 11:30 PM: Tonight I’ve been informed by a reliable source that “Capitol Films just had another movie shut down” — identified as An Invisible Sign Of My Own starring America Ferrera, the star of ABC’s Ugly Betty.

    So add her name to the star actors and directors like John Cusack, Helen Mirren, Gina Gershon, Joe Pesci, Jan de Bont, and Taylor Hackford whom I’ve learned have been, and Jennifer Lopez with writer-helmer Don Roos, may soon be, impacted by Capitol Films’ cash crunch. “This is a big story that involves many projects,” one of my sources informs. All weekend I reported on the on-set drama surrounding Friday’s shutdown of the David O. Russell film Nailed shooting in South Carolina, sidelining stars Jessica Biel and Jake Gyllenhaal. SAG ordered the actors to leave because insufficient funds were on deposit with the guild. Other unions are looking into the situation. For instance, some Teamsters and IATSE union members left the production because of payroll problems. The film is back shooting today after a Friday-Saturday-Sunday hiatus. But other media sources are now reporting what I revealed on Saturday: that the South Carolina Film Commission may withhold its incentive monies. (A decision will be made when an audit is completed by the panel within 30 days of the end of production.) Now I’ve learned that Nailed was not the only indie film shut down Friday because of Capitol Films’ financing problems: other indie movies have been affected as well. I’m told that “a shitload of people are owed a lot of money,” in the words of one … Read More »

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