Netflix drops Meyers film

 

NANCY MEYERS Netflix canceled development on a new romantic comedy feature from famed writer/director Nancy Meyers.  The film was set to star Scarlett Johansson, Owen Wilson, Penelope Cruz, and Michael Fassbender, but the streamer ultimately balked at the proposed $150 million budget. According to Deadline's sources, Netflix set the budget at a maximum of $130 million, while Meyers was fighting for $150 million. $80 million of the budget would go to so-called "above the line" talent, mostly to pay actors' salaries. The film went under the working title "Paris Paramount," and centers on two filmmakers and former lovers who begrudgingly reunite for a new movie project. It's still possible Meyers could shop the film around and ultimately bring it to a new studio or streamer. As a writer/director, Meyers' films include "What Women Want," "The Holiday," and "It's Complicated"; this would be her first new film since "The Intern" in 2015.