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Sad news HALO fans...

Permanent Link by bootlegga on Tue Oct 31, 2006 12:01 pm

The upcoming HALO movie has been shelved by Peter Jackson and Microsoft, as they can not find financing for the pic.

After Universal Pictures and 20th Century Fox backed out of co-financing the Halo movie, it was reported that prep work would continue at Jackson's Weta studios in New Zealand. But now, Jackson and Microsoft's WingNut Films has released the following statement saying that production has halted:

As was previously confirmed, we deeply regret that both Universal and Fox did not choose to move forward with financing the Halo film under the original terms of the agreement. At this time Peter Jackson and Fran Walsh, along with their partner, Microsoft, have mutually agreed to postpone making a feature film based on the Halo video game universe until we can fulfill the promise we made to millions of Halo fans throughout the world that we would settle for no less than bringing a first class film to the big screen. We are fully supportive of Director Neill Blomkamp's vision of the film. Neill is a tremendously gifted filmmaker and his preliminary work on Halo is truly awe-inspiring. While it will undoubtedly take a little longer for Halo to reach the big screen, we are confident that the final feature film will be well worth the wait.

The script, originally written by Alex Garland and rewritten by D.B. Weiss, was to have gotten another rewrite by A History of Violence scribe Josh Olson. The movie was previously targeted for a summer 2008 release.

Too bad, I loved the game and would have liked to see a movie. Odds are that unless big money can be found ($120 million at least), this film will not be made. I don't know why Microsoft isn't willing to simply finance the whole thing themselves and then take all the profits, instead of the 19% of gross they had with the Universal/Fox deal.
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