The failure of WRS Motion Picture & Video Laboratory has resulted in 750,000 film cans, containing much of the MGM film library and the works of scores of independent producers, being locked up by bank officials, the Los Angeles Times reported today (Monday). Some of the films stored in the climate-controlled vault of the Pittsburgh, PA lab are master negatives needed to make new prints, videocassettes and DVDs, the newspaper said. WRS also processes orders from Paramount, MGM, Sony and Universal and handles much of the video transfers of specially edited films used on the airlines, according to the Times. The bankruptcy of the company was attributed to the decision of National Bank of Canada to foreclose on $4.4 million in loans, citing WRS' "horrendous" record keeping. Will People Pay To Watch Short Source: IMDb News 09-03-01 It's good to know these treasures are in such good hands!