Universal Pictures and Fox have decided to no longer be a part of the big screen feature adaptation of Microsoft’s “Halo.” Why? Too pricey! What started out as a $135 million project is rumored to already be soaring well past that mark. And, that’s right, most of that is due to the rumored Microsoft big profit margin.
While rumors of a budget that will approach $200 million ran rampant through the hallowed halls of Hollywood this week, Ken Kamins, the representative for director Peter Jackson and producer Fran Walsh, stood firm in denial.
“The only budget the filmmakers ever spoke about was $145 million less the 12.5% rebate that you get from shooting in New Zealand, which would put it at about $128 million,” Kamins said. “That was the only number that was ever discussed.
“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 [Halo game designer] Bungee, respectfully declined.”
Microsoft is already in talks with other distribution partners while pre-production continues at Weta Digital and the Weta Workshop in New Zealand.
Son of a b****!