Bad news for gamers hoping to see Master Chief on the big screen: Universal and Fox are no longer participating in the Halo movie.
According to rumor, the film's budget was set to far exceed the $145 million originally estimated to produce the flick and the studios were antsy over the hiring of first-time director Neal Blomkamp. But according to Ken Kamins, who represents Halo's executive producers Peter Jackson and Fran Walsh, the overall budget wasn't the issue. The real sticking point was the producers' cut of the loot.
"The only budget the filmmakers every spoke about was $145 million," Kamins told Variety.
"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."
This isn't a death knell for Halo, though. According to Kamins, the film's pre-production will continue in New Zealand while other distribution and finance sources are sought. Kamins also reiterated his confidence in Blomkamp.
Variety: 'Halo' pic loses its studios