| Universal and Fox Pull Out Of Halo Movie |
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| Written by Rivithed | ||||
| Monday, 23 October 2006 | ||||
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Universal and Fox have pulled out of the Halo movie project after the studios attempted to get the filmmakers and Microsoft to reduce their profit in the film. Rumors of the film's budget surpassing the $135 million mark and the "lack of experience" of the feature's director Neill Blomkamp were thought to be the cause of the deal falling apart, but a request for reduced profits from the two studios seemed to be the breaking point.
Microsoft’s official statement:"We are disappointed that Universal and Fox wanted to significantly renegotiate the financial points of the deal. But the Halo franchise is hugely popular and our goal remains the same - to find a partner that shares our passion and will creatively collaborate with us to best represent the story and spirit of the Halo franchise. Peter Jackson, Fran Walsh and the rest of the creative team are dedicated to ensuring the Halo movie becomes a reality. We are already in discussions with potential partners who recognize the value of the Halo brand and its appeal to consumers worldwide.” Microsoft is in talks with other distributors, while Weta Digital and Weta Workshop continue to move forward in the production, thanks to Peter Jackson's involvement as executive producer. Read more at Variety.com.
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