Netflix’s highly anticipated new Nancy Meyers romantic comedy AXED after “the director demanded a $150 million budget, but the streamer refused to pay more than $130 million.”
- The film could have been the “most expensive romantic comedy of all time”
- The Oscar-nominated creative was set to write, produce and direct the film.
- Scarlett Johansson, Penélope Cruz, Michael Fassbender and Owen Wilson were all linked to the project
Netflix shut down a romantic comedy it was preparing with filmmaker Nancy Meyers over budget concerns.
sources said the hollywood reporter that the streamer did not want to go over the $130 million budget for the film.
It would have been the first directorial stint for the 73-year-old Meyers since 2015’s The Intern, which starred Robert De Niro and Anne Hathaway.
The filmmaker was asking for a budget of at least $150 million for the film, which “could have made it the most expensive romantic comedy of all time,” according to THR.
Among the stars whose names have been mentioned as possible leads in the Netflix film are Scarlett Johansson, Penélope Cruz, Michael Fassbender and Owen Wilson.
The Latest: Netflix shut down a romantic comedy it was preparing with filmmaker Nancy Meyers, 73, over budget concerns. Meyers was photographed in 2017 in London.
Meyers was set to write, produce and direct the film, which had been dubbed Paris Paramount (although THR said it was unclear if that was a working title for the film).
The project was announced last year and the casting process had begun, according to the outlet.
The film’s plot would have centered on a writer-director who falls in love with a producer.
The couple make a string of hits before parting ways both personally and professionally. They eventually get together for a high-profile project involving “high stakes and volatile stars,” the outlet reported.
The story had been loosely based on Meyers’ experiences, the outlet reported.
She had a long relationship with Charles Shyer, collaborating on such films as 1980’s Private Benjamin, for which Meyers was previously nominated for an Oscar for Best Screenplay, as well as 1987’s Baby Boom, 1991’s Father of the Bride and 1998’s The Parent Trap. , which launched Lindsay’s Lohan career.
The filmmaker’s other directing credits include 2009’s It’s Complicated, 2003’s Something’s Gotta Give, 2000’s What Women Want.
Meyers has received the highest budgets in his career for his top-tier production design and big-name headliners.
Sources told The Hollywood Reporter that the streamer did not want to exceed a $130 million budget for the film.
It would have been the first directorial stint for the 73-year-old Meyers since 2015’s The Intern, which starred Robert De Niro and Anne Hathaway.
Meyers and Diane Keaton were photographed at the 2020 Writers Guild Award in Beverly Hills, California.