Director Gore Verbinski is trying to salvage his big-budgeted "Lone Ranger" project after Disney pulled the plug Friday.
Featuring actor Johnny Depp ("Alice in Wonderland') as the Lone Ranger's companion Tonto and producer Jerry Bruckheimer, the project's reported $250 budget million led the studio to halt production.
According to The Hollywood Reporter, Disney has reportedly given Verbinski a week to retool the script and cut at least $30 million from the budget. Citing a source, the report states Verbinski has the budget down to around $242 million with the director and Bruckheimer giving up $10 million in fees.
Unfortunately for the future of the project, that seems like the bulk of the cuts Verbinski is willing to make.
Big-budget westerns have not fared well, with last month's "Cowboys & Aliens," a western/sci-fi mash-up, bringing in only $84 million domestically to date on a budget of $163 million, according to Box Office Mojo.
With neither side looking like it's going to blink, the future of the project looks very much in doubt at this point. "The Lone Ranger" had been set for a Dec. 21, 2012, release.
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| Johnny Depp |
According to The Hollywood Reporter, Disney has reportedly given Verbinski a week to retool the script and cut at least $30 million from the budget. Citing a source, the report states Verbinski has the budget down to around $242 million with the director and Bruckheimer giving up $10 million in fees.
Unfortunately for the future of the project, that seems like the bulk of the cuts Verbinski is willing to make.
Big-budget westerns have not fared well, with last month's "Cowboys & Aliens," a western/sci-fi mash-up, bringing in only $84 million domestically to date on a budget of $163 million, according to Box Office Mojo.
With neither side looking like it's going to blink, the future of the project looks very much in doubt at this point. "The Lone Ranger" had been set for a Dec. 21, 2012, release.
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