'Ouija' Back on Saddle at Universal, Eyeing 2013 Release


'Ouija' Back on Saddle at Universal, Eyeing 2013 Release


Universal Pictures decides to bring back the supernatural film project in development after reducing its budget from a reported $100 million to a mere $5 million.

After nearly being shut down, "Ouija" is now back on its saddle after Universal Pictures decided to bring the supernatural movie project back in development. On Monday, March 5, the studio announced that the gig is in the works again and is eyeing a 2013 release in the U.S.

The project was originally designed as a potential tentpole and mega-budget movie which could cost $100 million to produce. However, it is now reported that Universal has reduced the budget to a mere $5 million. Michael Bay, Andrew Form and Brad Fuller are still on board to produce the film along with "Paranormal Activity" producer Jason Blum, who is known as a shoestring-budget film specialist.

Though the exact plot for "Ouija" is still kept secret, the film is confirmed to be an adaptation of the Hasbro board game about conjuring up spirits of the dead. "This Means War" director, McG, was previously circling the gig but he's no longer involved. The scale-down project is now still looking for a new filmmaker to serve behind the lens.

Before bringing "Ouija" back on the track, Universal dumped the project last August 2011 due to budgetary issue. Since then, various negotiations with some major studios were held but no deal has ever been sealed.

The new agreement has raised hopes for a rekindling partnership between Universal and Hasbro after the studio recently dropped some Hasbro films, including "Stretch Armstrong", "Candy Land" and "Clue". Its only latest partnership with the toy giant is on "Battleship", which will open in the U.S. on May 18.

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Who Gets Kicked Out? Moving Trucks Spotted at Brangelina's House After Split Announcement
  2. 'Spider-Man' Star Tom Holland Has a Secret Role in 'A Monster Calls'. Get the Details!
  3. Lady GaGa Reportedly Gives Bradley Cooper Unwanted Sexual Attention
  4. North West Serves as Flower Girl at a Wedding and Dances Adorably at the Party
  5. Exes Demi Lovato and Joe Jonas Trapped in Elevator for Four Hours. Was It Awkward?
  6. Orlando Bloom and Malin Akerman Have Steamy Threesome on Netflix's 'Easy'
  7. Jimmy Fallon Tries Out for 'Live! with Kelly' Co-Host. See If He and Kelly Ripa Make Great Duo
  8. Mariah Carey Wears No Underwear in Sheer White Dress During Romantic Getaway With Fiance
  9. Gigi Hadid Exposes Entire Boobs in Sheer Dress While Walking Runway in Milan
  10. Rep Denies Jennifer Aniston and Justin Theroux Split After She Catches Him With Ex

CELEBS PHOTO