Is Kevin Costner going to have more money problems?
In the wake of Kevin Costner’s controversial divorce from Christine Baumgartner, his career hasn’t slowed down.
However, his most recent project has been a disappointment. Both a commercial and critical failure, Horizon: An American Saga This could be another life-changing blow.
Funding a passion project is a goal for many actors. But in the wake of their divorce, this may throw their lives into disarray and they may be forced to sell assets to survive.
What new money problems is Kevin Costner facing?
Horizon: An American Saga It is believed to be a saga. But the first film crashed and burned…he was forced to pick up the pieces and foot the $100 million bill.
According to a new report from lifestyleKevin Costner used land he owned to finance the project. Part of that land was apparently a large farm.
“Kevin has put Horizon in the bank on largely, but not entirely, undeveloped California land,” the insider explained. “And the reality is starting to set in that he’s probably going to have to walk away from this real estate.”
According to the source, Kevin Costner will have to give up the land “and reshuffle his other holdings.”
Maybe he needed to do this “to remain calm after the disappointing performance of the first film in this saga”.
When a major production platform finances a four-part Western film series, the company is forced to pay the price of commercial failure. However, in this case, it seems like it’s all on Costner’s shoulders.
Why was Kevin Costner’s western saga so disappointing?
The first of these films premiered at Cannes on 19 May. However, critics at the 77th Cannes Film Festival more or less panned the film before its wide release on June 28.
When words like “slog” and “dull” are showing up in official pieces from big-name reviewers, it’s not what you want to see.
The second film premiered at the 81st Venice International Film Festival on 7 September. The release dates of the third and fourth parts are unknown.
The insider insisted, “Make no mistake: Kevin is determined to make all four movies and deliver them to his fans.” “And Horizon: An American Saga – Chapter 1 When it went to home video it didn’t do too bad.”
At least that’s something. But Kevin Costner has reportedly invested $38 million of his own money into the project, so he’ll need Very DVD sales are also at par.
Yes, Kevin Costner is rich. But the difference between mega-millionaires and billionaires is rarely so clear cut as when we’re talking about financing a movie.
There are other expenses too
Currently, child support payments to Kevin Costner’s ex-wife Christine Baumgartner amount to $63,000 per month. This money ensures that their shared children not only receive food and clothing, but also receive an education and lifestyle appropriate for their family. If child support only meets the needs, children will risk spending “poor” time with one parent.
The insider confirmed, “Kevin’s divorce wasn’t cheap, he still owes his kids a lot of money, but this movie investment is a giant piano hanging over his head, and he’s not backing down.” “There’s still some momentum behind these movies, even if it’s all coming from Kevin.”
The insider said: “But it’s getting dark. Week by week, it’s becoming clearer that Kevin probably should have made this stuff into a TV miniseries, and in that case he never would have gotten into this hole. Instead, Kevin is reorganizing his life, his finances, and his assets around financing horizon Project for a few more years.”