Now Paramount Pictures is Delaying 'Ninja Turtles' to Cut the Budget
It's just not a good year for Paramount Pictures. First the studio pushed back this summer's release of G.I. Joe: Retaliation all the way to March 2013 for a 3D conversion (though apparently it's also to shoot new scenes to keep Channing Tatum alive), and their adaptation of World War Z just scheduled seven weeks of reshoots along with rewrites from Prometheus scribe Damon Lindelof. Now the studio is delaying another tentpole as Deadline reports Ninja Turtles (remember they're not exactly mutants anymore) will have its start date pushed back 10 weeks to cut the budget by $10 to $20 million. But there's even more bad news.
Because of the 10 week delay, the release date has now been shifted from Christmas 2013 to May 16th, 2014. While the film might do better during the summer anyway, the fact that the budget needs to be cut isn't a good sign. That means either the studio doesn't have faith for the film to make that much money back, or perhaps these other problems on the G.I. Joe sequel and World War Z are forcing the studio to cut corners in other places. I guess it's good that Marvel switched over to Disney so we don't see Iron Man using old Ford parts to build his new suit or anything like that. Needless to say, Paramount needs help.