While Hollywood accounting is known for defying the rules of logic and mathematics, you can go only so long without making money before things catch up with you, and Relativity is learning that very quickly. The studio’s biggest hits in its history have been “Immortals” and “Limitless,” both released in 2011, and yet, neither film cracked $85 million domestically. Since then, things have been on a steady downward decline and 2015 was particularly rough. Horror sequel “The Woman In Black 2: Angel Of Death,” Kevin Costner race drama “Black Or White,” low budget scare flick “The Lazarus Effect” and something called “Desert Dancer” were all released. None made more than $26 million (“Desert Desert” barely crossed $150,000), and it was only ‘Lazarus Effect’ that made anything resembling a profit with its paltry $3.3 million budget. However, the vultures have been circling for Relativity and now they need to start bailing out the water of their ship before they sink entirely.
The Wrap reports that the studio is looking to sell the already troubled, Natalie Portman-starring western “Jane Got A Gun,” Sundance comedy “The Bronze,” and “Welcome To The Punch,” director Eran Creevy‘s “Autobahn” starring Felicity Jones and Nicholas Hoult, which is now called “Collide.”
Screenings are apparently being held for the movies as Relativity tries to find homes for them, and Harvey Weinstein is being courted to take “Jane Got A Gun.” That film was originally slated for a September 4th release, but considering nothing so much as a poster has appeared, it’s a not surprise to learn that it will now likely be a 2016 release, especially if it finds a home with a new distributor.
However, Relativity isn’t getting rid of all their movies. They still plan to release the comedy “Masterminds,” starring Kristen Wiig, Zach Galifianakis, Owen Wilson, and Jason Sudeikis, which they recently pushed from a summer release to October 9th. And they’ve got a few other movies on their slate as well for 2016, but they since stopped production on “The Crow” after Jack Huston dropped out.
Let’s just hope these movies in limbo don’t go the way of what happened with Capitol Films, which also went bankrupt and saw a handful of movies left hanging from the release in the midst of legal talks, including Tony Kaye‘s still unfinished and unreleased thriller “Black Water Transit.” Meanwhile, over at Relativity, let’s hope some better minds than Michael Scott are looking at the books…