Kevin Costner reportedly dug deep into his pockets to finance ‘Horizon: An American Saga’.
The “Yellowstone” star’s run on the hit western is probably over (send me your predictions for how the show will end at [email protected]), and one of the reasons he wanted to shoot the new of the film series.
A teaser for “Horizon: An American Saga” was released recently and it looks like it’s full of potential. The story will be told over the course of two films released in the summer of 2024.
No matter what you think of the ‘Yellowstone’ disaster, there’s no denying that Costner knows how to make great Westerns. Turns out he would also have to spend a huge chunk of his own money.
Kevin Costner reportedly spent a lot of his own money to finance ‘Horizon: An American Saga’.
Costner had $20 million in expenses for the film that he covered with his own money, according to Fox4News.com.
He also mortgaged 10 acres of $50 million, oceanfront property to get financing for the film, according to Deadline (via the same Fox4News.com report).
That means the “Yellowstone” star is in a big financial position for “Horizon: An American Saga.”
Costner spent a lot of money to finance “Horizon: An American Saga.”
The situation reminds me of the story of “Entourage” where Vince and E put all their money to build “Medellín” and it ended in disaster. The movie bombed and they lost all their money.
Putting your own money into any venture can be risky. That’s why smart people always say use other people’s money.
Well, Kevin Costner decided to put up $20 million of his own money and mortgage some real estate to make “Horizon: An American Saga.” That means he’s on the hook if this situation goes south and bombs the coffers.
On the other hand, he’ll make a ton of money if they bust. Since he already has a baked-in audience thanks to his old movies and “Yellowstone,” success seems likely.
The first “Horizon: An American Saga” movie will be released on June 28, 2024, and the second will be released a few months later in August. I’m sure both will be great, and for the sake of Costner’s bank account, he better hope they are.
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