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CBS Films In Trouble

CBS Films claims it's going full steam ahead with its slate of movies despite the disastrous flop of Harrison Ford's "Extraordinary Measures." One source says the unit may be "slashing all marketing and production budgets by 50%" after the $31 million Ford film was panned by critics and took in just $6 million its opening weekend.

The picture flopped despite an extensive marketing campaign across CBS' television shows and billboards. The failure has led to doubts about the wisdom of putting a TV network in the feature film business. It's scheduled to produce up to six movies a year. A CBS rep says the next three are on schedule, including, "The Back-Up Plan," a romantic comedy starring Jennifer Lopez, out April 16.

Read the whole story at New York Post »

1 comment about "CBS Films In Trouble".
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  1. Jill Kennedy from Manka Bros., January 28, 2010 at 4:19 p.m.

    I believe it's over for CBS Films - R.I.P. They won't recover with the slate of films they have in development. It would be wise to shut it down now and avoid future losses.

    http://mankabros.com/onmedea/2010/01/cbs_films_rip.html

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