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18 February 2008

SORVINO DENIES SQUANDERING MOVIE INVESTORS’ MONEY

Posted in: Entertainment — PR-inside Entertainment News @ 11:30 pm

Veteran actor PAUL SORVINO is fighting to reassure investors of his upcoming directorial debut THE TROUBLE WITH CALI that he hasn’t squandered their money.
The Goodfellas star raised $500,000 (£250,000) of his independent film’s budget from Lackawanna County in Pennsylvania, after local officials agreed to enter into a partnership with him.
Sorvino then shot The Trouble With Cali in the Scranton area of the state in 2006 - but locals are now wondering whether they’ll ever see a return on their investment.
Lackawanna County commissioner Corey O’Brien says, "If it’s a good film, hopefully we’ll receive a return on our investment. If it’s a lousy film, we probably won’t." However, Sorvino insists his investors have nothing to worry about as he recently completed a "very rough cut" of his movie and has raised around $975,000 (£487,500) of its estimated $1.3 million (£650,000) budget, $175,000 (£87,500) of which is his own money.
He says, "I have never done anything that I’ve been in charge of that has failed. I don’t intend to make this the first one. It’s a wonderful movie and I can’t wait to get it out."

Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)


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