Global Road Entertainment’s film division is looking to sell off finished movies to recoup investments and stave off bankruptcy, a knowledgable insider told TheWrap.
“The Silence,” a horror film lead by “Mad Men” star Kiernan Shipka, the live action-animation hybrid “Playmobil” and the recently shelved Johnny Depp true-life detective story “City of Lies” are among the projects on the market, said the insider.
Global Road’s film division was effectively taken over by its creditors earlier this week, after previously operating under the control of CEO Rob Friedman. Lenders are hoping to set meetings and set up screenings with several top indie distributors to unload much of the existing slate of film projects, a second individual said.