The production company behind "Dead Man Down," the mob drama that Colin Farrell and Terrence Howard recently shot in town, owes money to hundreds of vendors that provided services to the production, and now wants to pay them 40 cents on the dollar to settle its accounts.
One local vendor whose company provides services to nearly every major TV or film production in the area and who is owed about $50,000 by DMD Productions LLC, says the company should be taken to task for stiffing its vendors while benefitting from the state's film-tax-credit incentives that lure productions to Philadelphia.
"The production has experienced a severe shortfall in the funds necessary to complete the production or to pay all outstanding invoices related thereto," says a letter from Film Brokers International Inc., retained to settle DMD's debts with "several hundred" vendors. "This cannot be sugarcoated, as it is a bad situation," says the note signed by Film Brokers' Lance Thompson.
"That said, my mission is to attempt to settle with all willing vendors in as equitable a manner as possible by offering a portion of what is owed while funds still exist," Thompson wrote, citing that "In accordance with the formula that I must adhere to, I can offer your organization an amount equal to 40% of the outstanding invoices." Thompson did not return our request for comment Wednesday.
"Dead Man Down," meanwhile, is scheduled to open next April.
"I think altogether all these vendors are a powerful voice," Greater Philadelphia Film Office chief Sharon Pinkenson said Wednesday. "The financial health of my vendors is very important, and I will not tolerate anybody being shortchanged when they are owed money for film work and I am seeking advice." She added that the city was among the creditors but declined to disclose how much it's owed. A city spokesman was unable to provide the amount by deadline Wednesday.