Bioshock's Cost Too High For Studio

Hope you weren't holding your breath for Gore Verbinski's movie version of Bioshock. Universal have put the movie on hold over concerns about the high budget, and may push filming overseas to keep costs down.

Variety report that Verbinski's adaptation of the video game was preparing to shoot in Los Angeles when Universal executives got nervous about the rumored $160million budget and put the project on hold to work out on how to save some money. First to go were some production staff, and next may be the shoot's current location, according to the director:

We were asked by Universal to move the film outside the U.S. to take advantage of a tax credit... We are evaluating whether this is something we want to do. In the meantime, the film is in a holding pattern.

However, sources are saying that neither Universal or Verbinski are willing to let the movie stay in limbo, and that both remain committed to the project... as long as it gets a little cheaper.

Universal halts Verbinski's 'Bioshock' [Variety]