It seems that the financial drama surrounding the upcoming Green Lantern film has finally come to fruition. It is being reported that the film will indeed be forced to leave the country of Australia, where it was initially set to film.
The possibility had been long-discussed regarding the dilemma surrounding US Dollar inflation and the potentially $25 million money pit that would have been incurred due to currency disparities. However, there was an attempt to work things through with the local New South Wales government. Things, however, were not very optimistic from the outset, and now, it is evident that there was nothing that could be done. A potential economic boom that a $150+ million Hollywood mega production could have brought to their country has now slipped through The Australians' fingers due to uncontrollable circumstances. While enjoying some recent national surges with films like current weekend release, Where The Wild Things Are and the upcoming Narnia series film, Voyage Of The Dawn Treader, among others being filmed there, this will nonetheless be considered a blow against the industry. As The Hollywood Reporter points out:
"On Friday the Australian dollar hit a 27-year high against the U.S. dollar, closing at 95 cents, a 30% decrease in value for the greenback since the shoot was announced six months ago, and which would reportedly add over $20 million in cost to the production. The Aussie dollar is being tipped by analysts to reach parity with the U.S. dollar in the coming weeks and could go as high as AUS$1.10 next year."
Where, then, does that leave the future Martin Campbell-directed Ryan Reynolds vehicle? Rumors have pointed to Mexico and Canada. Exactly what kind of terrain the film script demands remains a mystery. However, one could deduce that if the ideal location was Australia, which would have a provided lots of untamed, dry, rocky desert terrain, Mexico might meet Green Lantern's exterior shooting needs. However, the Australia shoot may have simply been financially-motivated, due to potential tax-breaks, in which case, Canada (where many-a-TV show film) may be the more economical choice. (At the end of the day, it's all blue-screen and CGI, anyway, right?)