Fox and Universal Studios have reportedly both backed out of funding the Halo movie after learning the proposed budget runs around $350 million, according to a report in All Headline News.
It seems the studios were under the impression the movie based on the video game would be much cheaper to create. Microsoft won’t back down on what the flick should cost to create.
Despite what seems to be a set back, it’s also being reported that work on the film is continuing at Peter Jackson’s New Zealand-based studios. Director Neill Bomkamp has been brought in to handle the movie, which has previously been announced.
There’s no word on whether this will delay the release of the movie yet again, or if Microsoft will decide to fully fund it.
Regardless, this is one of the situations where you can’t blame parties on either side. After seeing the creations of Uwe Boll, it’s not surprising no one wants to fork over $350 million for a video game-based movie. However, Microsoft’s also right in not being willing to back down. Another lousy video game movie won’t do anyone any good.
I’ll be keeping my ears and eyes out for any more word on this. The Master Chief’s story could be a good one on film – if it’s handled correctly. By all indications, that’s exactly what Microsoft is trying to ensure.