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WB kills $275M Tom Cruise underwater film "Deeper" last-minute over budget concerns

Posted on 8/19/25 at 9:10 pm
Posted by Jack Ruby
Member since Apr 2014
27322 posts
Posted on 8/19/25 at 9:10 pm
The film would probably need $600M to even break even. Cruise coming off bad return on last MI films and last De Armas' film was a massive flop, and theaters have basically lost half their audience over the last 5 yrs. Billion dollar films are the anomoly now, not the norm.

I guess making a $275M ripoff of "The Abyss" and "Leviathan" isn't going to get made anymore.

quote:

Tom Cruise doesn’t hear “no” very often in Hollywood — but that might be changing.

After Paramount backed the $400M-budgeted Mission: Impossible – Dead Reckoning, only for it to deliver lukewarm box office returns, Cruise is now running into a wall at Warner Bros.

The project is “Deeper,” which I previously reported was aiming for an August shoot. This underwater action thriller, directed by Doug Liman and starring Ana de Armas, was initially pegged by Deadline at a $200M budget, but Cruise had been pushing for $275M.

Warner Bros. gave no indication early on that the studio was getting cold feet, especially since it had already sunk money into early development, including pre-vis. However, suddenly changed. The studio’s ceiling for the budget reportedly now stops at $230M, and sources say they’ve made it clear they’re not going higher.

That shift left Cruise and his team scrambling to relocate the film in time for this summer’s shoot. Now, according to Puck’s Matt Belloni, the whole thing has officially hit a wall, with Liman looking around for other projects as his potential next film.

Deeper, the underwater adventure that Cruise hoped to start shooting with de Armas this month for director Doug Liman, is now stalled over budget issues. Universal, which has been suggested as another possible home for Deeper, hasn’t even heard a pitch, and Liman is said to be looking at other projects.

Universal was apparently in the mix to acquire “Deeper,” but the budget demands from Cruise and company are proving too steep. Cruise was reportedly eager to get this one going, having already spent months in prep mode with de Armas.

Liman has described “Deeper” as a “supernatural thriller.” The story follows a disgraced astronaut, played by Cruise, who embarks on a deep-sea mission to explore a recently discovered ocean trench — only to encounter a mysterious and dangerous force.

What studio is willing to drop $275M on an original, underwater sci-fi film with no built-in audience? Even with Tom Cruise attached, there’s no guaranteed hit. If I were a betting man, I’d wager it will never see the light of day
.




Posted by UnluckyTiger
Member since Sep 2003
43164 posts
Posted on 8/19/25 at 9:14 pm to
Would rather watch that than some shitty Avatar film. Saw a preview for the third one and it looks like absolute trash.
Posted by abellsujr
Member since Apr 2014
38455 posts
Posted on 8/19/25 at 9:16 pm to
Yeah this is not surprising. I imagine any budget north of 200 million is going to get reservations atm. Budgets are going to be lowered.
This post was edited on 8/19/25 at 10:03 pm
Posted by abellsujr
Member since Apr 2014
38455 posts
Posted on 8/19/25 at 9:17 pm to
Avatar 3 has a budget of 250 million. This one wanted 400+ million. Those days may be over.

My bad I misread that. They wanted 275 million. It sounds like WB is drawing the line at 230 million. Maybe they can come to an agreement. It doesn’t sound like they’re too far off. But mega budget movies like Mission impossible Final Reckoning may be over.
This post was edited on 8/19/25 at 9:24 pm
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
28424 posts
Posted on 8/19/25 at 9:53 pm to
With AI and technology in general, I just don’t understand why any movie would cost that much to make. Seems unnecessary.
Posted by tigerfan84
Member since Dec 2003
26541 posts
Posted on 8/19/25 at 9:59 pm to
quote:

guess making a $275M ripoff of "The Abyss" and "Leviathan" isn't going to get made anymore.


I don’t know that there is an original plot left to use.
Posted by teke184
Zachary, LA
Member since Jan 2007
104086 posts
Posted on 8/19/25 at 10:05 pm to
Considering it is WB, I’m not surprised.

Zaslav, the CEO of WB, has been pinching pennies ever since the Discovery merger. Regardless of whether the move is right or wrong, it is the cheaper move and that has been their mindset for a while now.
Posted by abellsujr
Member since Apr 2014
38455 posts
Posted on 8/19/25 at 10:12 pm to
quote:

With AI and technology in general, I just don’t understand why any movie would cost that much to make.
Tom is a big traditionalist so I imagine he still wants practical expensive effects. Dude probably wants every actor to train in diving for a year.
Posted by Easye921
Mobile
Member since Jan 2013
3153 posts
Posted on 8/19/25 at 10:13 pm to
quote:

With AI and technology in general, I just don’t understand why any movie would cost that much to make. Seems unnecessary.


Speaking of AI. I just want a 90 minute movie of Sasquatch's escapades after getting into some booger sugar.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
156623 posts
Posted on 8/19/25 at 10:25 pm to
quote:

Liman has described “Deeper” as a “supernatural thriller.” The story follows a disgraced astronaut, played by Cruise, who embarks on a deep-sea mission to explore a recently discovered ocean trench — only to encounter a mysterious and dangerous force.

I’d watch that.

And of all people to invest money in for a film, Cruise has consistently been one of the most bankable actors for going on four decades now. So they should do it IMO. I know the last MI didn’t do as well as previous entries, but it did still manage $571 million.

You gotta love Hollywood accounting though. They want $275 million and are being offered around $230 million, but need $600 million to break even?
Posted by Proximo
Member since Aug 2011
24176 posts
Posted on 8/19/25 at 10:26 pm to
quote:

Considering it is WB, I’m not surprised. Zaslav, the CEO of WB, has been pinching pennies ever since the Discovery merger. Regardless of whether the move is right or wrong, it is the cheaper move and that has been their mindset for a while now.

you act as if it’s reasonable to spend $275mm on a water movie just because cruise is in it

Did you see the MI box office recently?
Posted by teke184
Zachary, LA
Member since Jan 2007
104086 posts
Posted on 8/19/25 at 10:38 pm to
I mention it because Zaslav has done all kinds of penny wise pound foolish shite such as scrapping finished pictures, pulling stuff off HBO Max to cut costs on streaming rights, etc.

The amount of this shite he has done means I do not give him the benefit of the doubt when it comes to cost savings, even if justified by massive budgets for the scrapped films.
Posted by abellsujr
Member since Apr 2014
38455 posts
Posted on 8/19/25 at 10:45 pm to
WB is doing pretty good this year in the scheme of things. This is based on the MI numbers. It didn’t get a good return. So WB is trying to draw a line with this one. It’s understandable, although disappointing because I like these Tom Cruise stunt filled movies.
Posted by TheArrogantCorndog
Highland Rd
Member since Sep 2009
15954 posts
Posted on 8/19/25 at 10:59 pm to
quote:

With AI and technology in general, I just don’t understand why any movie would cost that much to make. Seems unnecessary.


get some super nerd fan in a roomfor 5 months, pay him 250K and let him tell AI what to make... I'd bet we get better shite to watch than the crap being currently pumped out
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
10707 posts
Posted on 8/20/25 at 12:55 am to
frees up some time on his schedule
Posted by GalacticaCannon
Member since Aug 2022
4947 posts
Posted on 8/20/25 at 4:24 am to
quote:

With AI and technology in general, I just don’t understand why any movie would cost that much to make. Seems unnecessary.


Knowing cruise, practical effects, stunts, and stunt insurance.
Posted by Stamps74
Member since Nov 2017
1535 posts
Posted on 8/20/25 at 5:04 am to
I was wondering why they are pretending to be dating. Both had movies out and also trying make movie together.

I wonder if it’s cancelled, does she move on…
Posted by stonedbegonias
Member since Jan 2010
12212 posts
Posted on 8/20/25 at 6:27 am to
quote:

What studio is willing to drop $275M on an original, underwater sci-fi film with no built-in audience? Even with Tom Cruise attached, there’s no guaranteed hit. If I were a betting man, I’d wager it will never see the light of day.


They should go ahead and name “UnderWaterworld”
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115467 posts
Posted on 8/20/25 at 6:48 am to
So they didn't kill the film, they just didn't give Cruise the extra $75 million he wanted.
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 8/20/25 at 6:53 am to
quote:

Considering it is WB, I’m not surprised.

Zaslav, the CEO of WB, has been pinching pennies ever since the Discovery merger. Regardless of whether the move is right or wrong, it is the cheaper move and that has been their mindset for a while now.

Yeah it really seemed to screw up house of the dragon season 2 after season 1 had great reviews.
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