Weinstein absorbs Wellspring
Filed under: Foreign Language, Independent, Deals, Wellspring, Distribution, The Weinstein Co., Weinstein Brothers, Cinematical Indie
The distribution company behind some of the most interesting indie and foreign releases in recent memory, from the
theatrical rollouts of The Brown Bunny and The Beat That My Heart Skipped, to Funny Ha Ha's
DVD release, is turning its theatrical division over to Harvey Weinstein. It's not a deal that could not be foreseen:
Weinstein's Company acquired a 70% stake in Wellspring's parent company, Genius LLC, in December, which gave them
control of a stunning library, including films by Peter Greenaway, Michaelangelo Antonioni, and Francois Truffaut. The
CEO of Genius is calling the Weinstein absorption a "realignment"; whatever it is, Wellspring will cease its
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Reader Comments (Page 1 of 1)
2-22-2006 @ 11:55AM
Peter said...
Unknown White Male isn't an oscar nominee, is it?
The documentary feature short list, yes, but it didn't cut it as an actual nominee...
Reply
2-22-2006 @ 3:59PM
Jason Jackowski said...
This is very serious and troubling news for independent film. The number of outlets has just shrunken further, again. The prospects of a movie like FUNNY HA HA getting the same treatment (whether it be DVD or theatrically) in the hands of the Weinsteins is highly unlikely. But, I guess the potential upside is that Wellspring films will gain more exposure. Quite frankly, I'm not counting on it.
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