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Wednesday, August 18, 2010 1:44:51 PM
HTYMP release date was revised to allow time for money to flow in from 12.
I'm sure Eric knows what's in the contracts that he signs.
I would imagine Eric was planning on using money from 12's release to fulfill those obligations. I think Eric committed on this strategy in one of his communications.
As 12 did not meet expectations HTYMP was not viable.
Simple and smart management decision.
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your post;
Yeah, that's a good story, but unfortunately HTYMP was pulled before 12 even came out. Also, HTYMP didn't just drop the $5MM P&A bomb on HH, as is stated in your post that was in the contract and HH doesn't have the $5MM! So he made a deal with HTYMP to release their movie with a $5MM P&A budget yet didn't have $5MM! Sounds similiar to announcing you're going to be making a Terminator movie yet you don't have the permission of the rights holder.IMO
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