CrossGen Goes Direct-to-Video?
In a thread over on
Broken
Frontier, the mysterious poster known as Broken Shakespeare (whom
you might remember from rumors such as
this)
claims to have the scoop on CrossGen's new investors (you know, the
ones who
had
a problem with American Power):
Well, apparently Crossgen does
have new investors. They have received money from a company called:
Dee Gee Entertainment
Chicago, IL
Apparently the deal is this, Dee Gee gets $300,000 plus interest from
the proceeds of Route 666, Ruse, and Sojourn. They also get a security
interest in the copyrights and trademarks for Ruse and Sojourn, and in
anything that derives from Ruse and Sojourn.
The deal was sealed back in January, so CG has had the money for
months. It isn't like they just got new cash. So no, they won't be
paying back the freelancers with it, or they already would have.
Now, at this point you should be asking yourself, what kind of nut
gives CG a loan (probably for $300,000) and in return wants $300,000 +
interest in proceeds from Route 666, Ruse, and Sojourn? Ruse and Route
666 aren't being published, so what revenue?
Here is where it gets interesting. If this is the same Dee Gee
Entertainment that I am familiar with, they produce relatively low
budget movies. So going out on a limb, I'd say they plan on producing
low budget films of Ruse and Sojourn (thus the interest in all things
deriving from those two), and perhaps a Route 666 film if the other two
do well.
So far they have films like Ricochet River, Hostile Intent, Simple
Justice, The Wedding Planner (hey, I'd consider this a real movie!),
and currently, The Yank. You can find more info on all these films at
www.IMDB.com .
So I guess the ladies of Dee Gee weren't too happy about American Power
and made sure CG pulled the plug. So obviously they have some control
over the company that they also purchased with their money.
If true, this would be pretty funny. I'm trying to imagine who
they'd cast as Arwyn in the low-budget version of
Sojourn.
