De Niro & Hoffman's film company shuts down
Bosses at indie studio Overture Films have failed to raise the necessary investment to continue business and will cease making films.
Relativity Media has taken over the company's marketing and distribution operations and will retain staff to help make sure De Niro's new film Stone, Hoffman's directorial debut Jack Goes Boating and much-anticipated horror film Let Me In get proper releases as planned.
Overture Films will shut down completely following the release of the three movies, according to the Los Angeles Times.
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