The Hollywood Reporter disclosed that two projects with big names attached are currently being shopped around Hollywood. However, bidding isn’t as hot as expected because of the high budget estimations for both. Ringing in at a budget of $120 million before marketing costs) is an untitled Leonardo DiCaprio-Michael Mann collaboration with franchise talk buzzing around it. The story is a Hollywood murder mystery with DiCaprio playing a studio fixer. John Logan wrote the script. With such high costs and Mann’s reputation for going over budget, New Line is the only one to bid so far. We may not be seeing this film unless the budget drops $20 million.
The other project is Peter Jackson’s film adaptation of The Lovely Bones with a projected $80 million budget. The Lovely Bones is from a novel about a teenage girl who is raped and murdered and then watches from Heaven as her friends and family continue their lives. Even with such a high budget for that type of story, Warner Bros. Pictures, Sony, Dreamworks, and Universal are duking it out for the project.