JamesG
04-20-2009, 04:51 PM
Fox Atomic Implodes
20 April 2009 2:43 AM, PDT
Just two years after it was launched to provide Fox with a slate of low-budget features aimed at teens, Fox Atomic is shutting down.
The unit was unable to produce a single bona fide smash and had had a string of flops, including the recent Miss March, which grossed only $4.6 million, and 12 Rounds, which grossed $10.8 million.
The studio had originally been set up under the supervision of Peter Rice, who had enjoyed considerable success as head of Fox Searchlight, the specialty outfit responsible for Little Miss Sunshine, Juno, and Slumdog Millionaire.
Rice, however, was named chairman of Fox Broadcasting in March. His successor, Debbie Liebling, will reportedly return to 20th Century Fox.
-IMDB News
20 April 2009 2:43 AM, PDT
Just two years after it was launched to provide Fox with a slate of low-budget features aimed at teens, Fox Atomic is shutting down.
The unit was unable to produce a single bona fide smash and had had a string of flops, including the recent Miss March, which grossed only $4.6 million, and 12 Rounds, which grossed $10.8 million.
The studio had originally been set up under the supervision of Peter Rice, who had enjoyed considerable success as head of Fox Searchlight, the specialty outfit responsible for Little Miss Sunshine, Juno, and Slumdog Millionaire.
Rice, however, was named chairman of Fox Broadcasting in March. His successor, Debbie Liebling, will reportedly return to 20th Century Fox.
-IMDB News