I ran into a colleague on the street a few hours ago who caught me up on some depresing industry buzz that had been circulating in Berlin: that Genius, the parent company of theatrical distributor Wellspring which is majority-owned by the Weinstein Company, is effectively shuttering the classy specialty distributor that has released so many great foreign and independent films. And now, Eugene Hernandez has the details in Indiewire. Going forward, the Wellspring name will become a home-video brand, and the Weinstein Company says they’ll release Wellspring’s upcoming theatrical titles. About ten people in Wellspring’s theatrical division will lose their […]
by Scott Macaulay on Feb 21, 2006