Why Netflix Canned Nancy Meyers’ $130 Million Rom-Com | Analysis

As one top agent tells TheWrap, the ”Paris Paramount“ director’s reputation for ”budget issues“ isn’t a fit for the streaming giant or the industry right now

Twas the budget that killed Nancy Meyers’ latest romantic-comedy, one top talent representative told TheWrap.

Word dropped Tuesday afternoon that Netflix isn’t moving forward on “Paris Paramount,” a romantic comedy that was expected to star Scarlett Johansson, Owen Wilson, Michael Fassbender and Penelope Cruz about a filmmaking duo who reunite on set after falling in and out of love with one another. Meyers, who hasn’t directed a feature since Anne Hathaway and Robert De Niro’s “The Intern,” wanted a budget of $150 million, while Netflix drew the line at $130 million, an insider told TheWrap.

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Scott Mendelson

Before joining The Wrap, Scott Mendelson got his industry start in 2008 with a self-piloted film blog titled "Mendelson's Memos." In 2013, he was recruited to write for Forbes.com where he wrote almost exclusively for nearly a decade. In that time he published copious in-depth analytical and editorialized entertainment industry articles specializing in (but not exclusively focused upon) theatrical box office. A well-known industry pundit, Mendelson has appeared on numerous podcasts and been featured as a talking head on NPR, CNN, Fox and BBC.

Umberto Gonzalez

Umberto has been covering the fanboy beat & breaking scoops for 20 years with numerous Hollywood trade, newspaper, & magazine mentions to his credit. Umberto has been profiled in such publications as The Washington Post, Variety and Grantland.