Broad Green Shuts Its Production Division

Indie production company Broad Green Pictures has shuttered its production division and will lay off staff following three years of nearly uninterrupted film flops.

Launched in 2014, only one of its films has had any box-office success – 2015’s Robert Redford & Nick Nolte hiking drama “A Walk in the Woods”. Mia Hansen-Love’s “Eden,” Jeremy Saulnier’s “Green Room,” Jocelyn Moorehouse’s “The Dressmaker” and Ramin Bahrani’s “99 Homes” scored superb reviews despite failing at the box-office.

The rest have been outright duds including ones they’ve produced like “Bad Santa 2,” “Voyage of Time,” “Wish Upon” and “Learning to Drive ” or distributed like Terrence Malick’s “Knight of Cups” and “Song to Song,” Nicolas Winding Refn’s “The Neon Demon,” Brad Furman’s “The Infiltrator,” and Rodrigo Garca’s “Last Days in the Desert”.

Broad Green will now allow directors to set some fifty projects it had in development up at other studios. The company will now reassess its options and will keep some sixty people on staff.

Source: Variety