{"id":126472,"date":"2024-09-20T22:42:59","date_gmt":"2024-09-20T22:42:59","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/20\/kevin-costner-may-have-to-sell-real-estate-to-remain-solvent-excl\/"},"modified":"2024-09-20T22:42:59","modified_gmt":"2024-09-20T22:42:59","slug":"kevin-costner-may-have-to-sell-real-estate-to-remain-solvent-excl","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/20\/kevin-costner-may-have-to-sell-real-estate-to-remain-solvent-excl\/","title":{"rendered":"Kevin Costner May Have to Sell Real Estate to &#8216;Remain Solvent&#8217; (EXCL)"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.lifeandstylemag.com\/tags\/kevin-costner\/\" target=\"_blank\" rel=\"noopener\"><strong>Kevin Costner<\/strong><\/a> has a $100 million bill to pay after the dismal, ongoing failure of<em> Horizon: An American Saga<\/em> \u2013 and a source exclusively tells <em>Life &amp; Style<\/em> he\u2019s being forced to cash in on a trove of precious assets, including one or more of his sprawling ranches.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cKevin banked Horizon largely, but not entirely, on undeveloped California land he owns, and reality is starting to set in that he\u2019s likely going to have to part with this real estate and also reshuffle his other holdings to remain solvent after the disappointing showing of the first film in this saga,\u201d the source explains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even Kevin\u2019s costar, <strong>Luke Wilson<\/strong>, who played Matthew Van Weyden in the four-part epic Western film series, was \u201cseriously spooked by how badly the movie did, especially with the critics,\u201d a second source <a href=\"https:\/\/www.lifeandstylemag.com\/posts\/luke-wilson-spooked-by-how-bad-kevin-costners-horizon-did-excl\/\" target=\"_blank\" rel=\"noopener\">previously told<em> Life &amp; Style<\/em><\/a>.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt just doesn\u2019t make sense to him, and he\u2019s freaked out by it.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The first of four movies premiered at the 77th Cannes Film Festival on May 19; however, the critical reaction <a href=\"https:\/\/www.lifeandstylemag.com\/posts\/kevin-costners-horizon-film-flops-at-the-box-office\/\" target=\"_blank\" rel=\"noopener\">hit almost entirely negatively<\/a>, which didn\u2019t bode well for the film ahead of its wide release on June 28.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">About the film, the <em>BBC<\/em>\u2019s <strong>Nicholas Barber<\/strong> called it a \u201cthree-hour slog \u2026 full of stultifying slow dialogue scenes.\u201d While <em>Entertainment Weekly<\/em>\u2019s <strong>Jordan Hoffman<\/strong> deemed the passion project \u201cdull as dirt.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><em>Chapter 2<\/em> had its premiere at the 81st Venice International Film Festival on September 7, while the third and fourth parts\u2019 release dates have yet to be scheduled.<\/span><\/p>\n<figure class=\"wp-caption alignnone\">\n<div class=\"ratio-based-placeholder\" style=\"padding-bottom:66.75%;\"><\/div><figcaption class=\"photo-credit\"><span class=\"credit\">Frazer Harrison\/Getty Images<\/span><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">\u201cMake no mistake: Kevin is determined to make all four films and get them out to his fans,\u201d the first source continues, \u201cand <em>Horizon: An American Saga \u2013 Chapter 1<\/em> did not do horribly when it went to home video.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tepid home video sales may not be able to make up for the $38 million of his own money the <em>Waterworld<\/em> star poured into the project.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To make money matters worse, Kevin, 69, now also <a href=\"https:\/\/www.lifeandstylemag.com\/posts\/kevin-costner-feels-stabbed-in-the-back-after-divorce\/\" target=\"_blank\" rel=\"noopener\">has to pay $63,000 a month<\/a> in child support to ex wife <strong>Christine Baumgartner<\/strong>, in addition to the hefty up-front sum the Oscar-winner reportedly gave her.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cKevin\u2019s divorce wasn\u2019t cheap, he still gives his kids a lot of money, but this film investment has been a giant piano hanging over his head, and he\u2019s not backing away,\u201d the source confirms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThere\u2019s still some momentum behind these films, even if it\u2019s all coming from Kevin.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut it\u2019s getting dark. Week by week, it\u2019s becoming clearer that Kevin probably should have made this content as a TV miniseries, and in that event he never would have gotten into this hole,\u201d the source suggests.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cInstead, Kevin is re-organizing his life, his finances and his possessions around funding the <em>Horizon<\/em> project for a couple of more years.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cHe\u2019s operating on a wing and a prayer but he\u2019s also a realist who knows he\u2019s going to have to part with some of his treasure to see this thing through to the end.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBut it\u2019s going to be a tightrope walk, especially because Chapter 1 badly underperformed.\u201d<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.lifeandstylemag.com\/posts\/kevin-costner-may-have-to-sell-real-estate-to-remain-solvent-excl\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Costner has a $100 million bill to pay after the dismal, ongoing failure of Horizon: An American Saga \u2013 and a source exclusively tells Life &amp; Style he\u2019s being forced to cash in on a trove of precious assets, including one or more of his sprawling ranches.\u00a0 \u201cKevin banked Horizon largely, but not entirely, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":126473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-126472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-lifestyle"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/126472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=126472"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/126472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/126473"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=126472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=126472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=126472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}