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    Home»Entertainment»Kevin Costner’s funding problems intensify after movie flop: Report
    Entertainment

    Kevin Costner’s funding problems intensify after movie flop: Report

    ElcioBy ElcioSeptember 28, 2024No Comments4 Mins Read0 Views
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    Will Kevin Costner face extra money issues?

    observe Kevin Costner’s contentious divorce Christine Baumgartner’s profession is not slowing down.

    Nevertheless, his newest initiatives have been disappointing. Whether or not it is a industrial failure or a important failure, Horizon: An American Legend could also be one other life-changing setbacks.

    Funding a ardour challenge is a purpose for a lot of actors. However a divorce might upend his life and pressure him to promote properties to make ends meet.

    Kevin Costner, September 21, 2024.Kevin Costner, September 21, 2024.
    Kevin Costner attends the HISTORY Channel HISTORYTalks held on the Academy Movie Museum on September 21, 2024. (Picture credit score: Amy Sussman/Getty Pictures)

    What new funding points does Kevin Costner face?

    Horizon: An American Legend Needs to be, properly, a legend. However the first film flopped and burned…leaving him to choose up the items and pay the $100 million invoice.

    Based on a brand new report life & model, Kevin Costner uses The land he owned to fund the challenge. A part of that land was apparently an enormous pasture.

    “Kevin is storing most, however not all, of Horizon on undeveloped California land he owns,” the insider explains. “Actuality is beginning to set in that he might have to surrender the property.”

    Kevin Costner, September 7, 2024.Kevin Costner, September 7, 2024.
    Kevin Costner attends the “Horizon: An American Saga – Chapter 2” photograph occasion throughout the 81st Venice Worldwide Movie Pageant at Palazzo On line casino on September 7, 2024. (Picture credit score: Andreas Lenz/Getty Pictures)

    Sources revealed that Costner should hand over the land “and realign his different property.”

    He might have to do that simply to “stay solvent after the disappointing run of the legendary first movie.”

    When a significant manufacturing platform funds a four-part Western collection, the corporate bears the price of industrial failure. On this case, although, it appears to be like like every thing falls on Costner’s shoulders.

    Kevin Costner, September 5, 2024.Kevin Costner, September 5, 2024.
    Visitor of honor Kevin Costner takes the stage to obtain an award on the Higher World Basis gala throughout the 81st Venice Worldwide Movie Pageant at Palazzo Gritti on September 5, 2024. (Picture credit score: Andreas Lenz/Getty Pictures)

    Why was Kevin Costner’s Western Legend so disappointing?

    On Could 19, the primary of those movies premiered in Cannes. Nevertheless, critics on the 77th Cannes Movie Pageant roughly panned the movie forward of its vast launch on June 28.

    When phrases like “slog” and “boring” seem in official articles from big-name reviewers, that is positively not what you need to see.

    The second half premiered on the 81st Venice Worldwide Movie Pageant on September 7.

    Kevin Costner, September 7, 2024, in the sun.Kevin Costner, September 7, 2024, in the sun.
    Director Kevin Costner attends the crimson carpet of “Horizon: An American Saga – Chapter 2” on the 81st Venice Worldwide Movie Pageant at Sala Giardino on September 7, 2024. (Picture credit score: Victor Boyko/Getty Pictures)

    “Make no mistake about it: Kevin is set to make all 4 motion pictures and produce them to his followers,” insists the insider. “and Horizon: An American Saga – Chapter 1 It does not do too badly with regards to residence video.

    Not less than that is the case. However Kevin Costner, who reportedly poured $38 million of his personal cash into the challenge, wanted one a variety of DVD gross sales even broke even.

    Sure, Kevin Costner is wealthy. However the variations between mega-millionaires and billionaires are hardly ever extra stark than after we’re speaking about film financing.

    Kevin Costner walks the red carpet on September 7, 2024.Kevin Costner walks the red carpet on September 7, 2024.
    Kevin Costner attends the crimson carpet on the closing ceremony of the 81st Venice Worldwide Movie Pageant on the Cinema on September 7, 2024. (Picture credit score: Pascal Le Segretain/Getty Pictures)

    There are different charges

    At present, Kevin Costner’s little one help funds are $63,000 per 30 days To ex-wife Christine Baumgartner. This cash ensures that their joint youngsters won’t solely proceed to have meals and clothes, but in addition an training and way of life that fits their household. If little one help solely covers requirements, the kid could also be susceptible to “poverty” whereas dwelling with one dad or mum.

    “Kevin’s divorce did not come low-cost, and he nonetheless gave his youngsters some huge cash, however this film funding hangs like a large piano over his head and he will not again down,” the insider confirms. “There’s nonetheless some momentum behind these motion pictures, even when all of it comes from Kevin.”

    The insider added: “But it surely’s getting darkish. Week after week, it is changing into more and more clear that Kevin ought to in all probability flip this right into a TV miniseries, and if that have been the case, he would by no means have been on this mess. As a substitute, Kevin is rearranging his life, funds and possessions to finance horizon The challenge will proceed for a number of extra years.

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