Jun 05 | ‘Nailed’ Gets Financing, but Will It Finish?

Nailed resumed filming yesterday in Columbia after its third work stoppage in a month, but a trade publication report raises questions there’s enough money to get the political satire starring Jake Gyllenhaal and Jessica Biel into theaters. A financing deal with Comerica Bank and the film’s financier, Capitol Films, has gotten cameras rolling again after the third union stoppage over pay, The Hollywood Reporter reported Tuesday. The movie halted filming on May 22. Forty-six checks for the “Nailed” production bounced due to insufficient funds, according to the film’s bankers quoted by Variety in a story last week. While the Comerica financing will help meet the film’s $25 million budget and costs from a week of missed shooting days and union penalties, sources quoted by The Hollywood Reporter said they don’t know if there’s enough financing to last through post-production. The shoot must end June 22 to keep its cast members. “One more shutdown will kill the movie,” according to a film executive quoted by The Hollywood Reporter. Capitol’s head of business affairs, Ray Reyes, is quoted as saying there are two weeks left of filming in South Carolina before the production moves to Washington. Filming last stopped nearly two weeks ago after the union representing stage crews ordered its second walk-off after its members were not getting paid. The actors union ordered its members off the set for a weekend on May 9 because not enough money was put into accounts used to pay actors. Reyes told The Hollywood Reporter that he had hoped to close the deal with Comerica so filming could resume last week but that putting the arrangement together took longer than expected.

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