Bron Studios, Financier Behind ‘Joker,’ ‘The Idol’ and ’65,’ Files for Bankruptcy
variety.comJ. Kim Murphy Bron Studios, the Canadian finance and production company that emerged as a media force in 2017 and has backed awards favorites like “Joker,” “Judas and the Black Messiah” and “Licorice Pizza” and commercial plays like “Ghostbusters: Afterlife,” “The Mule” and “65,” has filed for bankruptcy.
Co-founder and CEO Aaron L. Gilbert disclosed the news in a statement on Wednesday, penning a letter to the banner’s “friends, partners, team members and backers.” “Having explored many options for many months, BRON had no choice but to take this step in light of its financial circumstances.
The last few years have been incredibly difficult for BRON, and things have only gotten more complicated over these past months,” Gilbert shared, citing the COVID pandemic and both the SAG-AFTRA and WGA strikes as insurmountable headwinds for the company’s continued operations.
The exec also stated that the company would not be doing press. The letter states that Bron has filed for creditor protection with the Supreme Court of British Columbia in Canada and Chapter 15 in the United States (the Chapter 15 filing is for cases across more than one country).
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