Superman Sequel in Doubt
If the Man of Steel can't manage to bring in enough money, Warner Bros. may scale back or pull the plug on any further films.
Unless Superman Returns can gross more than $200 million domestically, Warner Bros. is said to be unsure it wants to back any sequels.
With Pirates of the Caribbean 2 earning a $258 million booty in just two weeks, moviegoers have stayed away from Superman Returns which has grossed $163 million in three weeks of release. The Bryan Singer film, hit by critics as being too glum and unimaginative, cost $260 million to make.
Fan site TMZ quotes talent agency insiders with ties to the film as saying Warner Bros. chief Alan Horn will decide the fate of a sequel on whether Superman Returns can make $200 million. Also, the studio wants to "shave millions -- many millions" off any Superman sequel's budget, the site says.
The most Horn is said to be willing to spend is $150 million, the agency sources told TMZ since he feels burned by Singer's high-flying FX budget. Whether Singer would agree to work on a lower budget film is unknown.
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BGough
7/17/2006
TMZ