Caddickisms

Variety.com – ‘Halo’ pic loses its studios

[tag]Fox Studios[/tag] and [tag]Universal Studios[/tag] have backed out of their deal to finance the [tag]Halo movie[/tag], based on the popular [tag]video game[/tag] by [tag]Bungie[/tag] and [tag]Microsoft[/tag].

The studios exercised their option to back out right before a deadline that would require an advance payment to Microsoft, who also would receive 10% of the movies profits.

While the exit of two studios would seem to imperil “Halo,” . . . → Read More: ‘Halo’ – Game Over?