Disney Denying Jerry Bruckheimer's Final Cut Privileges on 'Pirates 5'?
One month after the theatrical release of Disney's western blockbuster The Lone Ranger, it's clear the film is a failure for the studio. So far the film has only pulled in just over $175 million on a budget of $215 million, though some estimate the cost could be even higher. Therefore, Disney isn't too happy with producer Jerry Bruckheimer, and they're going to be a bit more cautious with his next big film for the studio. Pirates of the Caribbean 5 is slated to start shooting early next year, and Disney is already restructuring their deal with Bruckheimer, which might result in the producer losing final cut privileges.
For those who don't know, having the power of final cut means your decisions on the film are final, and no studio executive can supersede them. But Disney is currently looking at taking that away from Bruckheimer after budget problems turned into a box office failure for The Lone Ranger and will definitely lose the studio money. In addition, The Wrap reports Disney is looking to cut the budget down to $200 million from the initial $250 million (which is significant, but not crippling). The studio is already cutting costs by having Kon-Tiki directors Joachim Ronning and Espen Sandberg at the helm instead of a big name Hollywood director, and they definitely have to recoup a lot of money following their western disaster this summer.
Disney's apprehension is wise, especially since the last Pirates of the Caribbean film felt lackluster at best. Of course, the franchise has quite the large and loyal fanbase around the world, so the high seas sequel isn't nearly as risky as reviving a nearly century-old western property for the big screen with an untested star like Armie Hammer as the title hero. Here's hoping the fresh talent behind the camera will make Pirates an exciting adventure so we're not just getting Johnny Depp drunkenly stumbling around a ship again.