- Sam Raimi Wants to 'Get Back to the Basics' on Spider-Man 4 (111 Comments)
- Must Watch: Teaser Trailer for A Nightmare on Elm Street! (109 Comments)
- Must Watch: Intense Trailer for Mel Gibson's Edge of Darkness (81 Comments)
- Must Watch: Second Official Trailer for Lee Daniels' Precious (78 Comments)
- Check These Out: High Res New Na'vi Photos from Avatar! (77 Comments)
- Paul Blart Director Steve Carr Hired for the Short Circuit Remake (Oct 27, 2009)
- Hitman's Xavier Gens Set to Direct Action Thriller 'The Fallout' (Oct 27, 2009)
- Bruckheimer & Straczynski Adapting 2K's Shattered Union (Oct 27, 2009)
- Steve Carell on Par for Rick Reilly Golf Comedy 'Missing Links' (Oct 26, 2009)
- Jason Reitman Calls Edgar Wright's Scott Pilgrim 'Matrix for Love' (Oct 26, 2009)
- Matt Damon & Josh Brolin Joining the Coen Brothers' True Grit (Oct 26, 2009)
- Ricky Gervais to Host the 67th Annual Golden Globe Awards (Oct 26, 2009)
- Woody Allen's New Film Titled 'You Will Meet A Tall Dark Stranger' (Oct 26, 2009)
| Inglourious Basterds | 10/10 |
| It Might Get Loud | 9/10 |
| Inglourious Basterds | 8.5/10 |
| Star Trek | 9/10 |
| Monsters vs Aliens | 5/10 |
Halo Movie Loses Financing Studios - Does It Have Any Hope?
October 20, 2006
by Alex Billington
Variety reported today that Universal Pictures and 20th Century Fox, the two financing studios behind the hugely hyped Halo movie, have both backed out. The reports are apparently that the initial $135 million budget was being surpassed, and that "moneygrubbing" Universal and Fox could not get Microsoft to agree to a lower profit-sharing margin. Here are the details:
"The only budget the filmmakers every spoke about was $145 million less the 12.5% rebate that you get from shooting in New Zealand, which would put it at about $128 million," said Ken Kamins, who represents the pic's executive producers Peter Jackson and Fran Walsh. "That was the only number that was ever discussed.
"What happened was this: Universal, on behalf of both studios, asked for a meeting with the filmmakers just prior to the due date of a significant payment. Basically, they said that in order to move forward with the film, the filmmakers had to significantly reduce their deals. They waited until the last minute to have this conversation. Peter and Fran, after speaking with their producing partners and with Microsoft and Bungee, respectfully declined."
The only reasoning I can see in this is if it becomes as ridiculous as a Uwe Boll video game adaptation or something as awful as the Doom movie. And if that happens, then no matter that it boasts one of the most recognized video game names ever, it still won't get people out to see it. Let's hope for the best. Maybe some other smart studio will realize the potential and capabilities of its success (even working with a powerhouse such as Microsoft). Halo had previously announced a director (thanks to ComingSoon.net) a month or so back - newcomer Neill Blomkamp.
Does this Halo movie have any hope? Even with Peter Jackson backing it and beyond? Will Master Chief survive?!
•  |
Related Articles
- » Jackson Says Halo Movie Might Have 'Renewed Interest' Due to Halo 3
- » Halo Movie Still Alive and Under Prep, Peter Jackson's Rep Says
- » What Neill Blomkamp's Halo Movie Looks Like - Halo: Arms Race Shorts!
- » Finally a Right Move - New Line Making a Gears of War Movie
- » This is What Halo: Fall of Reach Will Hopefully Look Like
- » HypeCast Episode #10: In 3-D!
Reader Feedback - 3 Comments »
1
w.e ill go c it .. my b.f loves 2 play halo … so if he wants 2 go c it ill go and i think every 1 that loves 2 play halo will go c this movie … thats just how things work like doom it did suck but every 1 that loved 2 plaay the game saw it
ashley on Oct 20, 2006
2
[...] News Say it ain’t so. A video game movie with a ballooning budget is losing financial backing! Apparently Video games + Girls showing cleavage doesn’t equal ratings? Listen Now: [...]
The Scope » Episode 15: You’ve never seen anyone rip off VH1 like this before. on Oct 23, 2006