Twas the budget that killed Nancy Meyers’ latest romantic-comedy, one top talent representative told TheWrap.
Word dropped Tuesday afternoon that Netflix isn’t moving forward on “Paris Paramount,” a romantic comedy that was expected to star Scarlett Johansson, Owen Wilson, Michael Fassbender and Penelope Cruz about a filmmaking duo who reunite on set after falling in and out of love with one another. Meyers, who hasn’t directed a feature since Anne Hathaway and Robert De Niro’s “The Intern,” wanted a budget of $150 million, while Netflix drew the line at $130 million, an insider told TheWrap.
“That sounds like too high of a budget for [Netflix],” a well-respected film director told TheWrap on what they would consider to be a medium-budget movie.
“Nancy Meyers always has budget issues,” the top talent rep said.
With no residuals or back-end bonuses on the table to offset costs, $80 million of that budget would’ve gone to above-the-line expenses.
Word dropped Tuesday afternoon that Netflix isn’t moving forward on “Paris Paramount,” a romantic comedy that was expected to star Scarlett Johansson, Owen Wilson, Michael Fassbender and Penelope Cruz about a filmmaking duo who reunite on set after falling in and out of love with one another. Meyers, who hasn’t directed a feature since Anne Hathaway and Robert De Niro’s “The Intern,” wanted a budget of $150 million, while Netflix drew the line at $130 million, an insider told TheWrap.
“That sounds like too high of a budget for [Netflix],” a well-respected film director told TheWrap on what they would consider to be a medium-budget movie.
“Nancy Meyers always has budget issues,” the top talent rep said.
With no residuals or back-end bonuses on the table to offset costs, $80 million of that budget would’ve gone to above-the-line expenses.
- 3/15/2023
- by Scott Mendelson and Umberto Gonzalez
- The Wrap
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