Benaroya Pictures announced today that they are pulling the plug on the thriller Idol's Eye, starring Robert Pattinson, Robert De Niro and Rachel Weisz, which was slated to start shooting in Toronto and Chicago later this month. Here's a statement released by Benaroya Pictures which details why the production was canceled.
"Due to the criteria for financing not being met by producers, Benaroya Pictures has formally decided to discontinue financing the motion picture titled Idol's Eye. The company cannot continue to put its investment at risk and has been forced to stop cash flowing the production. This is something all of us wanted to avoid, but due to the producers missing a number of financing criteria deadlines that were mutually established by all parties, we were left with no other options. Benaroya Pictures plans to retain the rights of the film and move forward with production on the picture after we generate a revised script and assemble a new filmmaking team."
We first reported on the project back in May, when Benaroya Pictures signed on to produce and finance the thriller from director Olivier Assayas (Clouds of Sils Maria). It isn't known if Robert Pattinson, Robert De Niro and Rachel Weisz will remain on the project.
The plot is based on the true story of a group of thieves who plan to rob a pawn shop, only to later learn that the business is a front for a ruthless crime lord.