UPDATE: Good news, Knights of Badassdom will finallybe available on Video On Demand (VOD) and digitally on February 11, 2014. Read more in the News section.
The net was bursting with rumors about Knights of Badassdom's production/distributing company IndyVest's financial problems and the horror/adventure movie being in development hell for a few weeks . The deliberate choice of all the people involved in the movie, including director Joe Lynch, to remain quiet about the status of the film, was worrying the fans, to say the least.
John Couture at VideoETA did a very extensive investigation into that and got a response from the CEO of IndieVest, saying that Knights of Badassdom is going to be released theatrically in "the first half of 2013, without mentioning if it will be a a limited or wide release.
According to Mr. Bradley, Knights of Badassdom is going to be released theatrically in "the first half of 2013." When I pressed him for specifics on the release strategy (limited vs. wide release, etc.), he said that the results from test screenings would dictate how wide of a release it would ultimately get.
That being said, he was confident that the film would test well and get a proper theatrical release. He said that "the fans will be well-rewarded for their wait."
Source : 'Movie held hostage: 'Knights of Badassdom'' at VideoETA
While this article is restoring hope to all the fans of Ryan Kwanten, Peter Dinklage or Summer Glau, Mr. Bradley's statements must be taken with a grain of salt. On the other hand, however, Joss Whedon's The Cabin in the Woods have managed to overcome MGM financial difficulties (the film was also delayed) and proved himself to be success at the box-office.
Let's hope Knights of Badassdom follows a similar pattern and meet the expectations of the fans. While waiting to see Summer Glau kick ass in theater, watch the awesome trailer :
Edit : Knights of Badassdom's director Joe Lynch send us the following message.
The role of the Summer Glau Wiki is to relay the information but also to give you the possibility to forge your own opinion.
A complaint recently posted online seems to confirm there might be complications going on behind the scenes. In the complaint, posted at Ripoff Report, the following is alleged :
I’ve had money tied up in a film Knight of Badssadom for over three years now. I’ve received no forward guidance on a concrete release date. Everything I’ve been told about the film and it’s release schedule has turned out to be false. They are full of excuses, and keep kicking the can down the road. I believe they are trying to create a shell company for the film Knight of Badssadom called “Media Society” “FilmVest” I doubt it will ever have a theatrical release or that I’ll ever see a dime back. After a while you get the sense that everything these people say to you is a lie.
The post goes on to recount further requests for money and suggests that there may be some ‘cut and running’ going on.
Thanks for posting this Chris. I read the article that you linked to and it sounds like it all comes down to money. By forming a shell company, and diluting the shares of the original IndieVest shareholders, this means that less of the profits will be paid out to the original investors (because of the stock dilution). This is complete speculation on my part but I suspect there are either cost overruns and the producers want to recoup their losses or perhaps the producers think that there is a significant prospect of a blockbuster hit and they want to keep more of the money for themselves.
This is too bad really and I suspect that this may ultimately just go directly to DVD.
IndieVest pictures released another film in 2009 called Saint John of Las Vegas starring Steve Buscemi. That film was released on two screens and grossed about 100,000 dollars on a 3.8 million dollar budget. So, while the first film might recoup its losses on DVD sales and rentals, I think that the approach they are taking with KOB is likely to be not much different than with their previous film. I very much doubt that anyone who invested in the first film has made their money back either.
To put this in perspective though, a lot of film companies go bust or engage in shady accounting practices. We only have to remember the battle between Peter Jackson and New Line Cinema over the money that Jackson alleged he was not paid for Lord of the Rings. Money has a way of distorting things. Here is hoping that Summer gets back into the Whedonverse and that she gets to do what she does best - play awesome, inspiring, and totally unique characters.
television stars can be a great boon to an indie film too - in my upcoming film Knights of Badassdom, we are lucky enough to have Peter Dinklage, who won an emmy for Game of Thrones, along with Summer Glau, who made fan-boy fame in the Firefly and The Terminator: The Sarah Conner Chronicles and Ryan Kwanten, of True Blood fame.
Virk might very well be the author of the complaint quoted above
I am all for it!!! I was super disappointed and rellay angry when I found out the TSCC was cancelled. In the last few days I just watched all three Terminator movies and both seasons of TSCC. I do not believe that the Season 2 ending is a good ending for the series, since it left too many questions unanswered. Those who say it is a reasonable ending are probably those who have given up on the show or just don't care about TSCC that much. This is by far one of the best shows I have ever watched and that made my disappointment and anger sooooo much worse!