Family Room was out with an update on their production schedule this Friday after the close. I haven’t written about FMLY since early in January when they announced the upcoming movie with Travolta, which we now know begins filming in about one month. In addition, Friday’s news discloses James Gandolfini of Sopranos fame will costar in the film.
After the Travolta film, they begin another Segal film in April, and a third film in July starring last night’s Oscar winner Morgan Freeman.
Missing from the update was the current status of Edison, which will mark Justin Timberlake’s film debut. FMLY shot of bunch of new high action scenes for the film, and it is now tenatively scheduled for release in the Fall.
Also, currently in post production are # ANTS,” starring Dylan McDermott and Snoop Doggy Dogg; # “TODAY YOU DIE” starring Steven Seagal; # “SUBMERGED,” starring Steven Seagal; and # “THE WIDOW’S LOVER,” starring Willem Dafoe
The company is now in post production on five movies, and has production starting on three more.
88 Minutes, the Al Pacino movie which was scheduled to begin filming in January, has been delayed. I am informed it will still go forward at some point in the future.
In addition, FMLY is working on a number of other new projects of a larger scope than those listed above. We could learn about a number of them in the near future.
Why this stock trades so poorly and with such little volume is a complete mystery to me. They have more going on than any 10 small independent film producers, are unable to garner any interest in their stock.
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