sep 16, 2011 - DEADLINE - EXCLUSIVE: Will ‘The Lone Ranger’ Ride? Guarded Optimism Disney Film Is Alive Again

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EXCLUSIVE: For the first time since Deadline broke the shocking news that Disney had pulled the plug because of a huge budget on the Gore Verbinski-directed The Lone Ranger with Johnny Depp and Armie Hammer, insiders tell me that things are starting to look up for the film and there is now optimism that the picture might actually get made. Back on August 12, Disney derailed a film that had a December 21, 2012, release date because the budget had gone to the stratosphere. Insiders feared the film could cost $275 million, though my sources at that time said the filmmakers had already taken $10 million out and got it to $232 million. No matter which of those numbers you embrace, that’s a lot of dough for a Western, and it’s probably not coincidence this standoff happened after the mega-budget Cowboys & Aliens tanked, and proved to be one of the summer’s biggest debacles.

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