New Yorker Films, Round 1

Just a quick summary of today's (non) events.

The Place: A conference room in a law firm high above Park Avenue.
The Time: Shortly after 1:00 PM

It was standing-room-only in the somewhat impressive conference room, as players big and small from the New York film world eagerly awaited the commencement of the auction for the holdings* of New Yorker Films. On a giant monitor, a conference room in the Los Angeles office where the auction was officially being held. It was empty, save for the lawyer handling the sale. (Proof that Hollywood doesn't give a toss about such films?)

After a brief explanation of the ground rules, the auction officialy began. Technicolor opened the bidding at [REDACTED]. Anybody? Anybody? Bueller? Going once, going twice, done.

It was over in matter of seconds.

Any hope of films being auctioned off individually were soon dashed.

What happens next? We'll see. However, I did receive some late-breaking (and unexpected) news just prior to the auction that could help matters tremendously. Stay tuned.

_{*There's a great story to be told here, but one that will have to wait.}

Comments

[filmbo]

But but but, who bought the library?

[Filmbrain]

It remains with Technicolor.

[Greg Gilligan]

what a mess this is...I provided storage/fulfillment services and inspection for New Yorker...I'm still getting films in from theaters

[Brandon]

So - are the Weinstein's going to buy the library?