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Fox only pay half Shyamalan's Happening budget

MNightShyamalan.jpgIt appears that M. Night Shyamalan's new script The Happening may not have had a turnaround from 20th Century Fox from the rewrite alone. Shyamalan seems to have come to Fox with half the budget for the film. Could this be why they said yes?

According to a press conference he held on Wednesday, Shyamalan announced that he had approached the Mumbai (Bombay) based UTV company to fund half the US$57 million budget of the film, his reasoning is quoted in IMDB:

"so that I can have ownership rights over the movie rather than just selling it to the studio."

The CEO of UTV, Ronnie Screwala, said:

"It's going to be a huge budget, but it will be fantastic if there was an Indian connection on both sides."

UTV recently co-funded I Think I Love My Wife with Gina Torres and Chris Rock.

Could this have helped Fox take on the project? With only US$28.5 million or thereabouts to find, it does make it a lot cheaper for them and a lot more attractive. Perhaps it wasn't the reported rewrites after all?

Regardless of how it got there, I'm interested to see how it fares. It's surprising that you have to go back to The Sixth Sense to find a film he's done with a budget lower than that quoted here, and I mean the full budget of US$57 million, Sixth Sense was US$55 million.





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Comments

Sixth Sense was US$55 million.

I see what you mean Richard, but then adjust that figure to the rate of inflation when Sixth Sense was released in 1999.

any chance he could do if for 55.5million and i'll look after the change? :)


Fox might regret this in the future, I would add.

Well UTV is pretty huge in India & only in the past couple of years have they started distributing films, and they've been very selective & careful about their choices, a couple from 2006:

Rang De Basanti (Paint it Yellow) which was nominated for a BAFTA and an Oscar.

Don which wasn't in need of any award nominations and had all the ettention of the fans of the 1978 version + the huge following of Shah Rukh Khan fans (including myself).

I doubt UTV will have any regrets.

Peter, Peter, Peter, you really ought to watch his other films. Try Lady in the Water perhaps? ;)

Ram: I've always wanted to ask you this, do you like Shyamalan's work at all? I have an Indian friend who said that probably one of the reasons why Shyamalan's work isnt widely accepted by his fellowmen is because it didnt have the usual ingredients of an Indian film, and of course he meant the Bollywood type films. What do you think about that?

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