The genre studio, which fielded films including "The Rocker," Miss March," "28 Weeks Later" and "The Hills Have Eyes II," has had little success at the box office with its low-budget projects.
The studio was hoping to better its recent efforts with the July 10 release of the Hayden Panettiere-starring "I Love You, Beth Cooper" and Oscar-winning "Juno" screenwriter Diablo Cody's follow-up, "Jennifer's Body," which is due on September 18. Those films will now be distributed by 20th Century Fox.
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