Media 8 files for bankruptcy

Independent production company overwhelmed by debt.

by Jennie Kermode

Ben Affleck, Charlize Theron and Paul Walker are among the stars whose unpaid fees contributed to spiralling debts which eventually brought down Media 8. The independent producer and distributor behind films like Monster and Jackboots On Whitehall hopes that a bankruptcy agreement will give it access to loans that could enable it to meet its obligations and restart production.

Based in Florida and Los Angeles but with extensive holdings in Canada, Media 8 distributed films worldwide and contributed to several festivals, including the Edinburgh International Film Festival. Its back catalogue is estimated to be worth over $7M but it is thought that the bankruptcy agreement will involve handing over the rights to some of its films to its creditors.

Share this with others on...
News

Sweet smell of success Derek Lam and Henry Joost talk about ten films inspired by fragrances.

No holds barred Felix van Groeningen on music, hedonism and real-life inspiration in Belgica.

Mission impossible Atom Egoyan on the mysteries of Remember.

Immortal images Jane Birkin on Jacques Rivette, Agnès Varda and a special cat.

Antichrist banned in France Court overrules Classification Commission.

The Assassin dominates Asian Film Award nominations Port Of Call makes a splash for newcomer Jessie Li.

More news and features

We're bringing you all the latest from Sundance and Horror-on-Sea.



We're looking forward to the Glasgow Film Festival and the Glasgow Youth Film Festival.



We still have reviews coming in from the French Film Festival UK and DOC NYC.



Read our full for recent coverage.


Visit our festivals section.

Interact

Happy New Year to all our readers. We're kicking off 2016 with some great competitions. Win a copy of The Captive Heart, The Angry Silence and some Sinister 2 goodies.