Netflix Pulls Plug On Nancy Meyers’ New Project Due To Budget Issue
deadline.comFollowing news last week that Netflix and director Nancy Meyers were at crossroads over the budget on her next film, sources close to the situation say the streamer has decided to part ways with the project.
Deadline reported last week that Scarlett Johansson, Owen Wilson, Penelope Cruz and Michael Fassbender were in talks to star but that the budget, which sources say was coming in around $130 million, was causing issues.
Sources now say, that while the studio was fine with $130 million, Meyers was still fighting for $150 million, with $80 million of that going to above the line costs.
With both sides refusing to budge on the budget, sources say Netflix was leaning toward fully moving off the film over the weekend with the plug ultimately getting pulled this morning.
Read more on deadline.com
