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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 01:14 PM
Original message
Checks bounce before credits roll

http://www.omaha.com/index.php?u_page=2620&u_sid=10237584

Published Monday | January 21, 2008
Checks bounce before credits roll
BY CHRISTINE LAUE
WORLD-HERALD STAFF WRITER

Some members of the crew of an Omaha-filmed movie are holding worthless paychecks following the collapse of a Hollywood payroll company, and the film's Nebraska production company might lose the money it needed to finish the movie.

"There's no question that the Axium bankruptcy impacted a great deal of people in Omaha," said Dana Altman, one of three producers of the film "Lovely, Still." "It's not just the employees, it's also the film production company that is reeling. It's affected us all."

The bankruptcy filing also has had an impact on Fortune 500 companies outside the entertainment industry.

Axium International Inc., a payroll and accounting services provider based in Los Angeles, filed for Chapter 7 bankruptcy protection Jan. 8. The filing effectively locked up wages owed to contract employees for work done for large companies, such as UnitedHealth Group Inc. and Northwest Airlines, and small firms, like Overture Street Films, a Nebraska company that formed to make "Lovely, Still."

Written and directed by Omaha native and Millard West graduate Nik Fackler, the film stars Academy Award-winners Ellen Burstyn and Martin Landau. It was filmed Nov. 12 through Dec. 21 in Omaha-area locations.

Altman said about 45 people whom Axium provided to work on "Lovely, Still" could face trouble when cashing paychecks, most from their last week of work. The affected check recipients are from nine states, including Nebraska and Iowa.

FULL story at link.

I was an unpaid extra for one scene.

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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 01:17 PM
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1. this will have a ripple effect, won't it?
Is Axium the only one that's gone bankrupt? Are other services close to the edge? This could make it hard to get a movie started or keep one in production.

If this one gets to the screen, be sure to tell us which scene you are in!
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Angela Shelley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 01:17 PM
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2. Good for you OmahaSteve! You´ll be a star ... someday!
but isn´t that strange? A payroll services provider files for bankruptcy?

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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 01:17 PM
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3. So how do you like working for free?
Something wicked this way comes.
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-21-08 01:29 PM
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4. A couple of friends of mine worked in the movie business ...
for a while. This is not unusual at all. It's a pretty fly by night industry.
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