Update on H2 and the fate of the Weinstein Co

Previously: Will Rob Zombie and H2 save the Weinstein’s from Financial Collapse

Nikki Finke’s Deadline Hollywood Daily is reporting the struggling Weinstein Co. has hoarded enough cash to release Inglorious Basterds and (more importantly) H2 next month. The release of both films seemed in doubt earlier this year when TWC was forced to restructure the company just to stay afloat. TWC pulled all of their other major releases in order to have the financial reserves to release and promote IB and H2 a week apart in August. Any profits Tarantino’s film makes will be divided between TWC and Universal, who helped produce IB. Since TWC owns 100% of H2 the studio is placing its financial future on Rob Zombie’s sequel.

Source: Deadline Hollywood Daily