Uh oh... financing problems?

Discussion in 'Star Trek Movies: Kelvin Universe' started by Vektor, Jul 15, 2008.

  1. Vektor

    Vektor Rear Admiral Rear Admiral

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    Just spotted this one:

    Link to the full story.

    I'm guessing that Trek is probably too far along to shelve it at this point, but I'll be curious to hear what this ultimately means.
     
  2. Vektor

    Vektor Rear Admiral Rear Admiral

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    Actually, if you read the article carefully, there is a reference to "alternative sources of financing available to Paramount," so maybe it's no big deal after all.
     
  3. Admiral Buzzkill

    Admiral Buzzkill Fleet Admiral Admiral

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    The article does mention that the films affected are likely to be released as scheduled.

    Otherwise, we should pressure the Federal government to bail out Paramount along with FreddieMac and FannieMae. :lol:
     
  4. JuanBolio

    JuanBolio Admiral Admiral

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    I'm kinda pleased to hear they're spending so much on this film that it might actually cause them problems.

    Does anyone know if its being filmed on digital, or on traditional film?
     
  5. Carpe Occasio

    Carpe Occasio Fleet Captain Fleet Captain

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    But if the studio fails to revive the deal with another bank it could force Paramount to seek funds from Viacom, the media conglomerate that owns the studio, to produce the titles. This would expose the company to greater financial risk if the films fail to perform as expected.

    If STXI bombs Paramount will kill off the franchise for sure.
     
  6. Admiral Buzzkill

    Admiral Buzzkill Fleet Admiral Admiral

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  7. M'Sharak

    M'Sharak Definitely Herbert. Maybe. Moderator

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    I followed your link and don't see any more article beyond what you've already quoted here; there's nothing at all to read (carefully or otherwise) about "alternative sources of financing". Is this additional content for the subscribed/registered only, or is there another link which "walk-ins" can use?
     
  8. Vektor

    Vektor Rear Admiral Rear Admiral

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  9. M'Sharak

    M'Sharak Definitely Herbert. Maybe. Moderator

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    ^ Thanks for the explanation, Vektor.

    Dennis' link, posted while I was writing my previous entry, also helps fill in some of the blanks. All in all, a nasty pothole in the road, but not likely to cause any great problems in the long run, it sounds like.
     
  10. pookha

    pookha Admiral Admiral

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    actually reading the new york times it seems this may have been Paramount's idea.
    and it wasn't close to being majority financing for the films.

    ny times


    ny daily news

    and they may have been getting wary of being on the sidelines near deutsche bank
    messes..
    or maybe M & T are not the only group they have not been upfront about

    morgan Stanley also sees problems with DB


    variety confirms paramount walked away
    and co financing in place for several films including a certain trek film
     
  11. pookha

    pookha Admiral Admiral

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    sorry i missed this when i was working on my post.
    it seems to be the most balanced of theam all..
    sorta in between the ft and ny times .