Films Held Hostage In Pittsburgh (1 Viewer)

[Craig Cunningham]

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!

 

[Brian Kidd]

Yeah. The Library of Congress also has some of their irreplaceable collection there as well. I hope that things can be ironed out quickly.

 

[GlennH]

I read about this in the Sunday Aug 26 Pittsburgh Post-Gazette. This place has the original copy of the locally-made "Night of the Living Dead."
Here is a link to the article:
Pittsburgh Post-Gazette Article on WRS Bankruptcy

 

[Craig Cunningham]

quote: I read about this in the Sunday Aug 26 Pittsburgh Post-Gazette. This place has the original copy of the locally-made "Night of the Living Dead."[/quote]
Thanks Glenn. The article does shed more light on the company and their circumstances. It sounds like a very sad situation.
[Edited last by Craig Cunningham on September 04, 2001 at 09:30 AM]