Behind Scorsese's 'Killers' Apple Deal: $200M+ Budget, 'Low-Risk' for Paramount

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Behind Scorsese's 'Killers' Apple Deal: $200M+ Budget, 'Low-Risk' for Paramount
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Long before the pandemic shut Hollywood down, Paramount was tentatively prepared to back MartinScorsese's 'Killers of the Flower Moon,' based on the David Grann non-fiction book about the 1920s murders of Osage Nation Native Americans

The studio balked at a script change that flipped Leonardo DiCaprio’s role:"Smaller scale, same budget."

For Paramount, elements of the arrangement will ensure that it faces no financial risk but also very limited upside. The deal instantly makes Apple a big player in the prestige film business and may also signal that going forward, the streaming service will compete by embracing the kind of full-on theatrical run that auteur directors crave but that Netflix cannot and will not provide.

After Imperative Entertainment bought the rights to Grann's book in 2016, DiCaprio and Scorsese joined the project and it was shopped to Paramount. But the studio wanted the budget — then about $180 million with a tax credit from New Mexico — pared down to about $150 million. No one actually believed that Scorsese actually would have stuck to that number but at least it would have let studio execs fantasize that costs might be kept in check.

While a huge wager on the film no longer seemed like such a good idea, relinquishing a Scorsese movie was so painful for the top Paramount executive team that one studio insider told me, as this drama unfolded, “We’re not making it but we’re not not making it.”

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