Apparently not everyone is getting along so well in movie world. Less than a week ago. Less than a week ago DreamWorks stated that they had made a deal with one of India’s largest entertainment conglomo’s and they they would be taking their $1.2 billion and starting their own company away from Viacom Inc.’s Paramount Pictures. they’d be going it alone and now the Weinstein brothers are following.
Less than a week since DreamWorks announced that they would be going it on their own without their distribution partner Paramount, The Weinstein Co. and MGM have cut short their distribution deal three months earlier than the original three-year contract, which was scheduled to expire on December 31. Harvey and Bob Weinstein’s company will take back seven movies to release between now and the end of the year including Kevin Smith’s upcoming Zack and Miri Make a Porno (October 31) and the anticipated adaptation of Cormac McCarthy’s The Road (November 14). MGM will still distribute the two planned Dimension Films releases, the comedy Soul Men (November 7) with Samuel L. Jackson and the late Bernie Mac and Forest Whitaker’s sports drama Hurricane Season (December 25).
The two companies decided to exit the distribution agreement after The Weinstein Company (TWC) signed its own TV deal with Showtime, bypassing MGM’s Showtime deal, which was the main reason for the pairing initially. Under the distribution deal, TWC paid for marketing and prints, with MGM taking a distribution fee for booking theaters.