Universal Pictures has put the Gore Verbinski-directed BioShock
film adaptation on hold, as its production swells over budget.
The film was in pre-production and scheduled to begin shooting in Los Angeles, but now faced with a $160 million price tag, production must halt while Verbinski and Universal Pictures look for ways to cut costs, according to a report
from Hollywood trade paper Variety.
"We were asked by Universal to move the film outside the U.S. to take advantage of a tax credit," Verbinski said. "We are evaluating whether this is something we want to do. In the meantime, the film is in a holding pattern."
Variety says Verbinski and the studio remain determined to produce the film, and that Verbinski in fact passed on directing a fourth Pirates of the Caribbean movie so that he could direct and produce the BioShock