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Author Topic: Open Road Bankrupt Martin McCaffery Film God Posts: 2481 From: Montgomery, AL Registered: Jun 99 posted 10-10-2018 09:26 AM                        Received a notice yesterday that Open Road Films is filing for Chapter 11. I've been around long enough to see scores of distributors go belly up, but this one caught my attention because Open Road was a joint venture of Regal and AMC. According to the papers it was even known as REGAMC releasing for awhile. Curious to know if they are still involved, and if so, does this mean they've decided to get out of the film distributor biz. They seem to be taking 4 production companies out with them. Any inside dirt?  |  IP: Logged Mark Ogden Jedi Master Film Handler Posts: 943 From: Little Falls, N.J. Registered: Jun 99 posted 10-10-2018 10:18 AM                     Regal and AMC are out, they sold it to some investment firm last year. Sounds like they ran it into the ground. At least they had a Best Picture Oscar winner during their short run, Spotlight in 2015.  |  IP: Logged Scott Norwood Film God Posts: 8146 From: Boston, MA. USA (1774.21 miles northeast of Dallas) Registered: Jun 99 posted 10-20-2018 07:01 AM                        So, what happens to their library?  |  IP: Logged Harold Hallikainen Jedi Master Film Handler Posts: 906 From: Denver, CO, USA Registered: Aug 2009 posted 10-20-2018 08:49 AM                        If it's a liquidation, I'd guess that their library is sold off to pay creditors. Harold  |  IP: Logged

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