Sunday, December 14, 2008

J-Lo film proceeds while YFG files Chapter 11

Jennifer Lopez's new made-in-Boston flick "The Governess," now slotted for production in the Hub during the first quarter of 2009, is reportedly not affected by the news that its producers, Yari Film Group, has put the releasing arm of its movie business into Chapter 11 reorganization.

Variety reports that the Bob Yari surprised staffers on Friday, Dec. 12 with an e-mail warning of impending layoffs.

“Our goal is to aggressively work toward reorganizing our debt so that we can become a stronger company,” Yari writes via e-mail. “In the meantime, our production arms are distinct entities with separate financing which remain unaffected by the legal proceedings."

The news reconfirms reports that Jennifer Lopez's "The Governess" is still greelit with pre-production already in the works.

Yari Film Group recently shot two films in Boston--the Mark Ruffalo and Ethan Hawke movie "What Doesn't Kill You" by Brian Goodman and "The Maiden Heist" starring Morgan Freeman, Christopher Walken and William H. Macy.

Nigel Cole's "The Governess" with Jennifer Lopez, initially scheduled to be shot in Boston this past September, has been moved to early next year.

In "The Governess," Jennifer Lopez plays a thief who poses as a wealthy widower’s nanny who must come clean when she starts to fall for the man she initially planned to rob.

Click here for the lowdown.

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