facebook
twitter
rss
account
search
search
 

Report: Disney derails pricey Depp movie "The Lone Ranger"

Aug. 13, 2011 at 11:08 AM   |   Comments

| License Photo
HOLLYWOOD, Aug. 13 (UPI) -- The Johnny Depp movie "The Lone Ranger" was shut down after Disney said it was paying closer attention to budgets, a source told the Los Angeles Times.

The future of the big-budget picture was uncertain Saturday although a Hollywood executive told the newspaper Disney sometimes pulls the plug on projects that are spending too much money.

The Times said Saturday "The Lone Ranger," which features Depp in the role of Tonto, had reportedly been nearing the $200 million mark. Disney apparently set a $250 ceiling on the project.

CEO Bob Iger said this week on an earnings conference call that Disney was keeping a closer eye on the bottom line. "It's our intention to take a very careful look at what films cost," Iger said Tuesday. "If we can't get them to a level that we're comfortable with, we think that we're better off actually reducing the size of our slate."

While Iger may be shying away from what he called "films that are bigger and increasingly more risky," Disney has had good success with Depp in the past with "Alice in Wonderland" and the blockbuster "Pirates of the Caribbean" franchise.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
Matt Damon set to reprise "Jason Bourne" role Matt Damon set to reprise "Jason Bourne" role
2
Robin Thicke's attorney issues statement about his client's leaked deposition video Robin Thicke's attorney issues statement about his client's leaked deposition video
3
Lindsay Lohan implies she handled Whitney Houston's body bag Lindsay Lohan implies she handled Whitney Houston's body bag
4
Barbara Walters makes cameo on Season 18 premiere of 'The View' Barbara Walters makes cameo on Season 18 premiere of 'The View'
5
Kate Moss, Cara Delevingne spotted at London Fashion Week Kate Moss, Cara Delevingne spotted at London Fashion Week
Trending News
Video
x
Feedback