De Niro & Hoffman’s film company shuts down

Bosses at indie studio Overture Films have failed to raise the necessary investment to continue business and will cease making films.

Relativity Media has taken over the company’s marketing and distribution operations and will retain staff to help make sure De Niro’s new film Stone, Hoffman’s directorial debut Jack Goes Boating and much-anticipated horror film Let Me In get proper releases as planned.

Overture Films will shut down completely following the release of the three movies, according to the Los Angeles Times.

Overture’s films have included George Clooney’s war comedy The Men Who Stare at Goats, Brooklyn’s Finest, Righteous Kill, Last Chance Harvey and Law Abiding Citizen.