Netflix says that it will seek an expedited appeal and stay of a judge’s decision Friday that prevents it from streaming the Zach Galifianakis comedy “Masterminds” next month, ahead of a planned theatrical release for the film on September 30.
Judge Michael E. Wiles, presiding over the Relavity bankruptcy proceedings, ruled that an early streaming release of the film and the Kate Beckinsale horror flick “The Disappointments Room,” would effectively gut a reorganization plan he previously approved for the troubled studio. Netflix appealed to stream both movies before their theatrical releases. “The Disappointments Room” is due in theaters in December.
“Sometimes it falls upon the shoulders of one party to be the bearer of unpleasant news,” Netflix’s attorney, Stephen Mick, said on Monday. “And the unpleasant news here is that Relativity and the bank and the bond company all negotiated, all signed, and all agreed to a contract that...
Judge Michael E. Wiles, presiding over the Relavity bankruptcy proceedings, ruled that an early streaming release of the film and the Kate Beckinsale horror flick “The Disappointments Room,” would effectively gut a reorganization plan he previously approved for the troubled studio. Netflix appealed to stream both movies before their theatrical releases. “The Disappointments Room” is due in theaters in December.
“Sometimes it falls upon the shoulders of one party to be the bearer of unpleasant news,” Netflix’s attorney, Stephen Mick, said on Monday. “And the unpleasant news here is that Relativity and the bank and the bond company all negotiated, all signed, and all agreed to a contract that...
- 5/27/2016
- by Ted Johnson and James Rainey
- Variety - Film News
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