In the current economic climate, simply typing a sentence about a film that, including marketing costs, now tallies up to a reported half-a-billion dollars is surreal enough to put Dr. Evil on stun. That’s the unprecedented figure being batted around in a new NYT report about the financial realities that lie ahead forĀ James Cameron‘s Avatar and 20th Century Fox. So, what exactly are the stakes and how much does the 3D sci-fi actioner and proclaimed cinematic game changer need to gross come December?

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John Singleton Exits A-Team

John Singleton has exited 20th Century Fox’s big screen adaptation of the A-Team. Apparently the project, which has gone through a number of rewrites, is still not ready for prime time. Fox believes they need more time to develop the script, but Singleton is moving on. We no final draft, no director, and no announced cast, I wouldn’t expect to see this film anytime soon. The film was originally set to hit theaters in June 2009, but won’t likely see release until a year later at earliest. Personally, I’ve always been under the theory that the A-Team television series is all the A-Team we need. I for one hope this project falls down into the deep depths of development hell.

Other Fox release changes include: Alvin and the Chipmunks: The Squeakuel moving to Christmas 2009, pushing the Dwayne Johnson family comedy Tooth Fairy to November 13th 2009, and Christopher Columbus’ teen comedy I Love You Beth Cooper will now hit theaters on Jult 31st, instead of February 13th 2009.

source: Variety