Kevin Costner’s Money Problems Mount After Movie Failure: Report

3 weeks ago 12

Are determination adjacent much Kevin Costner wealth problems connected the horizon?

In the aftermath of Kevin Costner’s contentious divorce from Christine Baumgartner, his vocation hasn’t slowed.

However, his astir caller task has been a disappointment. Both a commercialized and a captious failure, Horizon: An American Saga could beryllium different life-altering setback.

Financing a passionateness task is simply a extremity for galore actors. But successful the aftermath of his divorce, this could upend his beingness and unit him to merchantability disconnected spot conscionable to enactment afloat.

Kevin Costner connected  September 21, 2024.Kevin Costner attends The HISTORY Channel HISTORYTalks astatine Academy Museum of Motion Pictures connected September 21, 2024. (Photo Credit: Amy Sussman/Getty Images)

What caller wealth problems is Kevin Costner facing?

Horizon: An American Saga is expected to be, well, a saga. But the archetypal movie crashed and burned … leaving him to prime up the pieces and wage the $100 cardinal bill.

According to a caller study by Life & Style, Kevin Costner used onshore that helium owns successful bid to concern the project. Part of that onshore was seemingly a sprawling ranch.

“Kevin banked Horizon largely, but not entirely, connected undeveloped California onshore helium owns,” the insider explained. “And world is starting to acceptable successful that he’s apt going to person to portion with this existent estate.”

Kevin Costner connected  September 7, 2024.Kevin Costner attends the “Horizon: An American Saga – Chapter 2” photocall during the 81st Venice International Film Festival astatine Palazzo del Casino connected September 07, 2024. (Photo Credit: Andreas Rentz/Getty Images)

According to the source, Kevin Costner volition person to portion with this onshore “and besides reshuffle his different holdings.”

He whitethorn request to bash that simply “to stay solvent aft the disappointing showing of the archetypal movie successful this saga.”

When a large accumulation level finances a four-part Western movie series, the institution eats the outgo of a commercialized failure. In this case, though, it looks similar it’s each connected Costner’s shoulders.

Kevin Costner connected  September 5, 2024.Guest of Honor Kevin Costner accepts an grant onstage astatine the Better World Fund Gala during The 81st Venice International Film Festival astatine Gritti Palace connected September 05, 2024. (Photo Credit: Andreas Rentz/Getty Images)

Why was Kevin Costner’s Western saga specified a disappointment?

On May 19, the archetypal of these films premiered astatine Cannes. Critics astatine the 77th Cannes Film Festival, however, much oregon little panned the movie up of its wide merchandise connected June 28.

When words similar “slog” and “dull” are showing up successful big-name reviewers’ authoritative pieces, it’s ne'er what you privation to see.

The 2nd movie premiered astatine the 81st Venice International Film Festival connected September 7. The 3rd and 4th parts’ merchandise dates stay unknown.

Kevin Costner connected  September 7, 2024 successful  the sunlight.Director Kevin Costner attends the “Horizon: An American Saga – Chapter 2” reddish carpet during the 81st Venice International Film Festival astatine Sala Giardino connected September 07, 2024. (Photo Credit: Victor Boyko/Getty Images)

“Make nary mistake: Kevin is determined to marque each 4 films and get them retired to his fans,” the wrong root insisted. “And Horizon: An American Saga – Chapter 1 did not bash horribly erstwhile it went to location video.”

That’s something, astatine least. But with Kevin Costner pouring a reported $38 cardinal of his ain wealth into the project, he’d request a lot of DVD income adjacent to interruption even.

Yes, Kevin Costner is rich. But seldom is the quality betwixt a mega-millionaire and a billionaire much wide than erstwhile we’re talking astir financing a film.

Kevin Costner connected  the reddish  carpet connected  September 7, 2024.Kevin Costner attends the Closing Ceremony reddish carpet during the 81st Venice International Film Festival astatine Palazzo del Cinema connected September 07, 2024. (Photo Credit: Pascal Le Segretain/Getty Images)

There are different expenses

At present, Kevin Costner’s kid enactment payments magnitude to $63,000 per period to ex-wife Christine Baumgartner. This wealth ensures that their shared children not lone proceed to person nutrient and clothes, but that they proceed to person the acquisition and manner due for their family. If kid enactment lone covered necessities, children would hazard spending clip “poor” erstwhile with 1 parent.

“Kevin’s divorcement wasn’t cheap, helium inactive gives his kids a batch of money, but this movie concern has been a elephantine soft hanging implicit his head, and he’s not backing away,” the wrong root affirmed. “There’s inactive immoderate momentum down these films, adjacent if it’s each coming from Kevin.” 

The insider added: “But it’s getting dark. Week by week, it’s becoming clearer that Kevin astir apt should person made this contented arsenic a TV miniseries, and successful that lawsuit helium ne'er would person gotten into this hole. Instead, Kevin is re-organizing his life, his finances and his possessions astir backing the Horizon task for a mates of much years.” 

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