News seeping out of Hollywood over the weekend is that the major Halo blockbuster movie, due summer 2008, is still on schedule, despite Universal Pictures and 20th Century Fox backing out of financing the production.
The Los Angeles Times reported that the two major studios had cut their ties to Halo because of the costs of the movie, which had a preliminary budget of $145 million.
Microsoft immediately issued a statement, noting that, ?the Halo franchise is hugely popular and our goal remains the same - to find a partner that shares our passion and will creatively collaborate with us to best represent the story and spirit of the Halo franchise. Peter Jackson, Fran Walsh and the rest of the creative team are dedicated to ensuring the Halo movie becomes a reality. We are disappointed that Universal wanted to significantly renegotiate the financial points of the deal?We are already in discussions with potential partners who recognize the value of the 'Halo' brand."
An update on Halo developer, Bungie?s, website confirms and clarifies the situation, simply stating, ?Universal and Fox wanted to renegotiate the Halo movie deal at the 11th hour and Microsoft and its partners, Peter Jackson and Fran Walsh refused?.The reality here at Bungie towers is a feeling of optimism, satisfaction and happiness for reasons we can?t go into. Frankly we?re interested in making the best movie, and it?s possible that a partner who?s more concerned with numbers, might not be the best partner for what?s more vitally a creative process. Suffice it to say that Peter, Neill, Fran and Microsoft are as excited and dedicated as ever and WETA continues the pre-production process. Actually, when you do finally get to see the stuff WETA has already made, you will probably pee a little.?
Bungie teasingly adds, ?Hopefully ? we can share excellent news with you in the next few weeks.?
SPOnG will be keeping our beady eye on Halo movie news and we will be sure to bring you an update as soon as we get it.
Halo 3 (pictured here) is due out sometime in 2007. Make it faster Bungie! SPOnG just can't wait much longer.