Universal Extends King Kong, Sets New Budget Record
October 27, 2005
Variety reports that Universal has agreed to release a three-hour cut of
Peter Jackson's holiday epic King Kong, a move that will push the budget to a record $207 million.
The additional money will pay for special effects sequences.
In an indication of their commitment to the movie, Jackson and his wife, co-writer and co-producer, Fran Walsh, will cover much of the $32 million additional cost.
They were originally to be paid $20 million for making the movie.
The changes were agreed after a screening for Universal executives of the first complete three-hour cut of the movie.
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Source: Variety (subscription required)
Filed under: King Kong