Sep 25, 2008 03:10 PM EST

Universal Backs out of Steven Spielberg's Latest Project

According to Los Angeles Times, Universal has backed out of financing Tintin, the Steven Spielberg and Peter Jackson film.

Supposedly, the economy is responsible for the decision made by Universal. The film would have  reportedly cost them $130 million, and that cost was just too high. 

The book series, which ran from 1929 - 1976 is not as popular here in the U.S. as it is in Europe, which makes it a high risk investment during these tough times. 

The film is now at a standstill until Spielberg and Jackson find another financial partner.

Source: Los Angeles Times
Share this:

comments powered by Disqus

Today's Digital HD DealsView All

Ash vs Evil Dead
Ash vs Evil Dead
WAS: $19.99
NOW: $9.99
Her
Her
WAS: $14.99
NOW: $12.99
Justice League: Gods and Monsters
Justice League: Gods and Monsters
WAS: $14.99
NOW: $9.99

Latest ReviewsView All

21 Bridges
21 Bridges
Blu-ray Review
Feb 18, 2020 EST
  Purchase Digital HD
Motherless Brooklyn
Motherless Brooklyn
Blu-ray Review
Jan 28, 2020 EST
  Purchase Digital HD
Terminator: Dark Fate
Terminator: Dark Fate
4K Ultra HD Review
Jan 27, 2020 EST
  Purchase Digital HD

SPONSORED LINKS