Monday, October 7, 2024
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Report: Kevin Costner Facing Increasing Financial Difficulties Following Box Office Flop

Are there even more Kevin Costner money problems on the horizon?

In the wake of Kevin Costner’s contentious divorce from Christine Baumgartner, his career hasn’t slowed.

However, his most recent project has been a disappointment. Both a commercial and a critical failure, Horizon: An American Saga could be another life-altering setback.

Financing a passion project is a goal for many actors. But in the wake of his divorce, this could upend his life and force him to sell off property just to stay afloat.

Kevin Costner on September 21, 2024.
Kevin Costner attends The HISTORY Channel HISTORYTalks at Academy Museum of Motion Pictures on September 21, 2024. (Photo Credit: Amy Sussman/Getty Images)

What new money problems is Kevin Costner facing?

Horizon: An American Saga is supposed to be, well, a saga. But the first film crashed and burned … leaving him to pick up the pieces and pay the $100 million bill.

According to a new report by Life & Style, Kevin Costner used land that he owns in order to finance the project. Part of that land was apparently a sprawling ranch.

“Kevin banked Horizon largely, but not entirely, on undeveloped California land he owns,” the insider explained. “And reality is starting to set in that he’s likely going to have to part with this real estate.”

Kevin Costner on September 7, 2024.Kevin Costner on September 7, 2024.
Kevin Costner attends the “Horizon: An American Saga – Chapter 2” photocall during the 81st Venice International Film Festival at Palazzo del Casino on September 07, 2024. (Photo Credit: Andreas Rentz/Getty Images)

What new money problems is Kevin Costner facing?

Horizon: An American Saga is supposed to be, well, a saga. But the first film crashed and burned … leaving him to pick up the pieces and pay the $100 million bill.

According to a new report by Life & Style, Kevin Costner used land that he owns in order to finance the project. Part of that land was apparently a sprawling ranch.

“Kevin banked Horizon largely, but not entirely, on undeveloped California land he owns,” the insider explained. “And reality is starting to set in that he’s likely going to have to part with this real estate.”

Kevin Costner on September 7, 2024.Kevin Costner on September 7, 2024.
Kevin Costner attends the “Horizon: An American Saga – Chapter 2” photocall during the 81st Venice International Film Festival at Palazzo del Casino on September 07, 2024. (Photo Credit: Andreas Rentz/Getty Images)

Why was Kevin Costner’s Western saga such a disappointment?

On May 19, the first of these films premiered at Cannes. Critics at the 77th Cannes Film Festival, however, more or less panned the film ahead of its wide release on June 28.

When words like “slog” and “dull” are showing up in big-name reviewers’ official pieces, it’s never what you want to see.

The second film premiered at the 81st Venice International Film Festival on September 7. The third and fourth parts’ release dates remain unknown.

Kevin Costner on September 7, 2024 in the sunlight.Kevin Costner on September 7, 2024 in the sunlight.
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