Just days after casting was announced, Netflix is reportedly shutting down its big-budget Nancy Meyers-directed romantic comedy previously going by the name “Paris Paramount”.
The project was expected to be “The Holiday” and “It’s Complicated” filmmaker’s first directing vehicle in nearly a decade. However, THR says Netflix and Meyers could not come to an agreement on budget.
Specifically Meyers is said to have asked for a budget of at least $150 million, but the studio didn’t want to go over $130 million. For a normally mid-budget, even that lower figure steep price tag would have made it the most expensive romantic-comedy of all time – eclipsing Warren Beatty’s “How Do You Know” ($120M) and “Sex and the City 2” ($100M).
Scarlett Johansson, Penelope Cruz, Owen Wilson, and Michael Fassbender were all said to be eyeing the project which followed a talented young writer/director who falls in love with a producer.
The pair end up making several successful films before calling it quits romantically and professionally. The two are forced back together, however, when a great new project arises, and they find themselves teamed up again and having to deal with high stakes and volatile stars.
Meyers has always commanded higher budgets for the genre due to her ability to land big stars along with production design of such quality that it makes architectural magazines.
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