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Not Good news for Leo

11.12.2004

With production scheduled to begin early next year, the Leonardo DiCaprio-starring and Robert De Niro-directed THE GOOD SHEPHERD has lost financing. Initial Entertainment Group was behind the majority of the $100 million plus budget but abruptly pulled out saying it couldn't justify the risk. Universal, the domestic distributor, stands by the film but production won't go ahead until another financier is found. IEG head Graham King told Variety, "If the marketplace got better, I'd love to make this movie. It's one of the best scripts I've ever read (but) you can't make the movie for any less than we have it budgeted for. I certainly wouldn't disrespect Bob (De Niro) by getting him to cut the budget of the film." De Niro's producing partner Jane Rosenthal added, "we are extremely committed to this project." SHEPHERD has been in the works for many years with various talent attached to star and direct. De Niro would direct the film from an Eric Roth script and would star DiCaprio as CIA agent James Wilson. With SHEPHERD's schedule in jeopardy, it remains unclear if the project will be delayed allowing the stars to move on to other projects. Leo was scheduled to follow SHEPHERD with Martin Scorsese's remake of INFERNAL AFFAIRS. De Niro has MEET THE FOCKERS set for release this Christmas.

Source: Variety

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