Annapurna Pictures, the studio that brought us films like Zero Dark Thirty, Her, and this year’s Booksmart, is on the verge of bankruptcy, according to news reports. They have failed to produce any box office hits with their releases. And last year, there were rumors that the studio was in danger of imploding. Now it looks like those rumors are true, as Megan Ellison, the founder of Annapurna Pictures, has “retained a law firm to explore bankruptcy protection.” More on the report below.

Netflix has released a new trailer for The Ballad of Buster Scruggs, the upcoming western anthology written and directed by four-time Academy Award winners Joel Coen and Ethan Coen, the brothers behind films like Fargo, No Country for Old Men, A Serious Man, and True Grit.

The movie stars Tim Blake Nelson as Buster Scruggs, who will be part of the six different tales told in the film. Also starring is James Franco, Brendan Gleeson, Zoe Kazan, Liam Neeson, and Tom Waits.

You can find more information on the movie and check out the new trailer below.

Annapurna Pictures is one of the premiere film production and distributors today. Having released bold films like American Hustle, Zero Dark Thirty, Her, Spring Breakers, and The Master, it seemed like the young company would continue to stay in business.

However, having just dropped two major films before they were set to hit production, there is word that the indie distribution company is in major financial trouble. More on the story below.

A little over a year ago we found out that Academy Award winners Joel Coen and Ethan Coen were making a western anthology for Netflix titled The Ballad of Buster Scruggs. At the time, I misread the project as an anthology series when in fact it was described as a western anthology “project,” not a series. And now we know that it will actually be a six-part western anthology film. Whether those six parts will in total equal the length of one feature film or if each part will be longer than that remains to be seen. Either way, I’m damn excited about it.

Netflix has now released an official trailer for The Ballad of Buster Scruggs, which is presented in the unique style of the Coen brothers. Each chapter tells a story about the American Old West, with Scruggs (played by Tim Blake Nelson) at the center of it all.

Continue below to check out the trailer.

Four-time Academy Award winning filmmakers Joel Coen and Ethan Coen are heading to Netflix. The Coen brothers are set to write and direct The Ballad of Buster Scruggs for the streaming service.

Buster Scruggs is a western anthology series which will consist of six episodes, with each telling a story about the American Old West. Tim Blake Nelson, who starred in the Coen’s O Brother, Where Art Thou?, will play the title character.

You can find all the info below, including a brief but amusing statement from the Coens.