Maybe it overslept, or maybe it’s short on cash, but Blockbuster Inc. has a growing stack of teen movies, and its creditors say payment is well overdue.
The nation’s largest video-store chain received notice in the Manhattan bankruptcy court that it owes $720,000 for the rights to rent and sell Universal Studios movies “Scott Pilgrim vs. the World” and “Charlie St. Cloud.”
The bill comes just weeks after the distributor for the “The Twilight Saga” said Blockbuster is not making required payments for those vampire films. Summit Distribution is demanding that the retailer pay the $1.6 million debt or see its ongoing bankruptcy case converted into a Chapter 7 liquidation.
While missed payments on “Pilgrim,” a sort of comic-book romantic comedy, and “St. Cloud,” a sailing adventure led by tween dream Zac Efron, caused Universal to demand repayment of its debt, the studio says Blockbuster owes back payments on a long list of films.
Among those are Oscar contender “The Kids are Alright,” kiddy hit “Despicable Me,” and George Clooney crime drama “The American.”
