Netflix pulls the plug on Nancy Meyers film over finances points

Netflix has pulled the plug on a star-studded romantic comedy set to be directed by Nancy Meyers over finances points.

Nancy Meyers, Netflix

We’ll have to attend just a little longer for the subsequent film from Nancy Meyers as Netflix has pulled the plug on what was to be a star-studded romantic comedy.

The explanation for Netflix selecting to axe the venture comes all the way down to the finances. Nancy Meyers was wanting no less than $150 million {dollars}, which might have made it probably the most costly romantic comedies of all time, however Netflix wouldn’t budge previous $130 million. That’s nonetheless an awfully excessive finances for a film of this sort, however Meyers sometimes employs an all-star solid who demand large salaries. It was reported simply final week that Scarlett Johansson, Penélope Cruz, Michael Fassbender and Owen Wilson have been circling roles within the film.

Nancy Meyers was set to jot down, direct, and produce the film, which was generally known as Paris Paramount. The movie was mentioned to be “centered on a younger writer-director who falls in love with a producer. The pair make a number of profitable movies earlier than breaking apart, each romantically and professionally. They’re compelled again collectively when a brand new, nice venture arises, they usually discover themselves having to cope with excessive stakes and risky stars.” The story had parallels to Meyers’ personal life, as she had a longtime romantic {and professional} partnership with author/producer Charles Shyer, working collectively on Personal Benjamin, Child Increase, The Mother or father Entice, and Father of the Bride.

Nancy Meyers’ final theatrical film was The Intern. The 2015 film starred Robert De Niro as a 70-year-old widower who turns into a senior intern at a web based trend web site, the place he varieties an unlikely friendship with the corporate’s workaholic CEO, performed by Anne Hathaway. Critiques have been combined, however film was a field workplace success, grossing $195 million worldwide towards a $35 million finances. Now that Netflix has pulled the plug on Paris Paramount, it’s not clear what’s going to occur to the Nancy Meyers movie, but it surely’s laborious to think about anybody else paying that sort of cash for a romantic comedy.