Bron Studios, the film production company that has financed films such as Joker, House of Gucci, and more, has filed for bankruptcy.
According to Variety, the Canada-based finance and production company that opened its doors in 2010 has filed for Chapter 15 in the United States and for creditor protection with the Supreme Court of British Columbia in Canada.
In a letter obtained by Deadline written to “friends, partners, team members and backers,” Bron Studios co-founder and CEO Aaron L. Gilbert explained, “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. Covid and the many other issues affecting the media industry the last few years, most recently the strikes, have made BRON’s ability to continue its existing business impossible.”
What Films Has Bron Studios Helped Finance?
Bron Studios was founded by Gilbert and his wife, Brenda, in 2010. Along with Joker and House of Gucci, the company has produced or executive produced a myriad of projects over the past decade, including 2016’s Fences, 2019’s Child’s Play remake, 2020’s Gretel & Hansel, 2021’s Candyman sequel, 2021’s Licorice Pizza, 2021’s Ghostbusters: Afterlife, 2021’s Judas and the Black Messiah, 2023’s 65, and more.
The company is also involved with the upcoming Joker: Folie á Deux, Legally Blonde 3, and Robocop Returns, although the latter two do not yet have official release dates.
“The decision to seek creditor protection was not taken lightly and was adopted with a view to the best interests of the Company and its many stakeholders,” Gilbert wrote. “From Brenda and I, thank you to our many friends who have been there to support us. Thank you to the BRON team, and to our incredible creative, production, and business partners.”
