Are there much more Kevin Costner cash issues on the horizon?
Within the wake of Kevin Costner’s contentious divorce from Christine Baumgartner, his profession hasn’t slowed.
Nonetheless, his most up-to-date undertaking has been a disappointment. Each a business and a important failure, Horizon: An American Saga may very well be one other life-altering setback.
Financing a ardour undertaking is a aim for a lot of actors. However within the wake of his divorce, this might upend his life and pressure him to unload property simply to remain afloat.
What new cash issues is Kevin Costner going through?
Horizon: An American Saga is meant to be, properly, a saga. However the first movie crashed and burned … leaving him to choose up the items and pay the $100 million invoice.
In response to a brand new report by Life & Type, Kevin Costner used land that he owns with a purpose to finance the undertaking. A part of that land was apparently a sprawling ranch.
“Kevin banked Horizon largely, however not solely, on undeveloped California land he owns,” the insider defined. “And actuality is beginning to set in that he’s probably going to should half with this actual property.”
In response to the supply, Kevin Costner must half with this land “and likewise reshuffle his different holdings.”
He may have to try this merely “to stay solvent after the disappointing displaying of the primary movie on this saga.”
When a significant manufacturing platform funds a four-part Western movie collection, the corporate eats the price of a business failure. On this case, although, it appears prefer it’s all on Costner’s shoulders.
Why was Kevin Costner’s Western saga such a disappointment?
On Could 19, the primary of those movies premiered at Cannes. Critics on the 77th Cannes Movie Pageant, nevertheless, roughly panned the movie forward of its broad launch on June 28.
When phrases like “slog” and “uninteresting” are displaying up in big-name reviewers’ official items, it’s by no means what you wish to see.
The second movie premiered on the 81st Venice Worldwide Movie Pageant on September 7. The third and fourth elements’ launch dates stay unknown.
“Make no mistake: Kevin is decided to make all 4 movies and get them out to his followers,” the within supply insisted. “And Horizon: An American Saga – Chapter 1 didn’t do horribly when it went to dwelling video.”
That’s one thing, at the very least. However with Kevin Costner pouring a reported $38 million of his personal cash into the undertaking, he’d want a lot of DVD gross sales even to interrupt even.
Sure, Kevin Costner is wealthy. However seldom is the distinction between a mega-millionaire and a billionaire extra clear than after we’re speaking about financing a movie.
There are different bills
At current, Kevin Costner’s little one assist funds quantity to $63,000 monthly to ex-wife Christine Baumgartner. This cash ensures that their shared youngsters not solely proceed to obtain meals and garments, however that they proceed to obtain the schooling and life-style acceptable for his or her household. If little one assist solely lined requirements, youngsters would danger spending time “poor” when with one mother or father.
“Kevin’s divorce wasn’t low-cost, he nonetheless provides his youngsters some huge cash, however this movie funding has been a large piano hanging over his head, and he’s not backing away,” the within supply affirmed. “There’s nonetheless some momentum behind these movies, even when it’s all coming from Kevin.”
The insider added: “But it surely’s getting darkish. Week by week, it’s changing into clearer that Kevin most likely ought to have made this content material as a TV miniseries, and in that occasion he by no means would have gotten into this gap. As a substitute, Kevin is re-organizing his life, his funds and his possessions round funding the Horizon undertaking for a few extra years.”
