Both Fox and Universal Studios have pulled funding for Peter Jackson’s film adaptation of the popular video game “Halo,” casting doubt on the future of the project.

The studios were reportedly upset with the movie’s growing budget (said to be at around $200 million U.S.), reports The Star Online. Apparently, Jackson (as executive producer) and computer game producer Microsoft refused to agree to a request from the studios for their profit margins to be reduced.

Additionally, reports say that the studios were concerned that the project is being helmed by a first-time director, Neill Blomkamp.

For his part, Jackson had his spokesman disagree with the studios’ financial claims.

“The only budget the film-makers every spoke about was $145 million less the 12.5 per cent rebate that you get from shooting in New Zealand, which would put it at about $128 million,” said Ken Kamins. “That was the only number that was ever discussed.”






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