Savoy Projects in Limbo
Two months ago EW hypothesized ”10 Reasons Why TV Is Better Than the Movies.” No. 11: because Barry Diller says so. When he bought Savoy Pictures for $210 million two weeks ago, Diller kept the studio’s TV holdings and placed its 14 upcoming films on the block. New Line went on a spree, spending more than $50 million to snap up distribution rights to such titles as the Martin Lawrence comedy A Thin Line Between Love and Hate (due in February), Cher’s Faithful (April), Tom Arnold’s The Stupids (May), and the live-action Pinocchio (August). ”We thought these had the most potential,” says New Line president Michael Lynne. ”But we did have a strong slate for ’96 anyway.” That leaves 10 Savoy projects in limbo, including the unproduced adaptation of Tom Clancy’s Without Remorse.