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Paramount Pictures has shut down a planned reboot of the Ninja Turtles franchise, sources tell The Hollywood Reporter. The effects-heavy film, which was in pre-production in Vancouver, was set for release in December 2013. That date is being pushed to May 2014, according to sources.The issue is said to be the script. Paramount has delayed several big movies from this year to 2013, including G.I. Joe: Retribution and Brad Pitt's World War Z, leaving it with a spotty pipeline for the current year. Now it has halted work on its planned holiday movie for 2013, temporarily laying off pre-production staff and informing those prepping the film that the work stoppage is "indefinite," according to sources. Another source close to the production says the movie has been pushed 10 weeks.A Paramount rep would not immediately comment.
Talented individuals will be around wether the studio is or not, the properties will be purchasable by companies with competent management. This is how our system is suppose to work, the inept drive their own companies out of business while the competent succeed. Unless the government swoops in with bailouts propping up the idiots who deserve to be unemployed so they can lay off the ones who weren't responsible for the companies failure.
Yes, dear god yes. I love watching studios go under one by one due to the idiocy of the management. The studio system is old, bloated, and hung up on obsolete management ideals driven by blind self-destructive greed. They have exhibited bald-faced ignorance of powerful and effective new media techniques for production and distribution, enabling the doomed house of cards which is cable television. They have thrown away billions of dollars so they could clutch desperately to their millions. They (the suits) are bad at theirs jobs, and they deserve to be unemployed. If any of the creators and talent are actually talented or creative they shouldn't be unemployed for long.
Nerd news, humor and self-loathing. Edited by Luke Y. Thompson
