New Line Cinema has filed arbitration claim against Kevin Costner's company horizon It was produced because it was suspected of violating transactions in the Western era Hollywood Reporter Learned.

Costner's loan company Horizon Series is in a stalemate on its auxiliary protocol, a source said. After City State Bank filed arbitration proceedings against both companies, the new line responded by proposing a cross-statement seeking repayment from Horizon series as part of its defense.

According to the transaction, a new line and horizon series are needed to repay part of the financing. Through the New Line idea, it covers the portion of its partners that have not paid, but the City National Bank stands to owe more money.

When asked, the new line declined to comment. Costner's production banner, City National Bank and Distorition Pictures did not respond to requests for comment.

Costner Design Horizon: American Legend - Chapter 1He directed, co-written, starred in and partially funded as the first part of the four periods. Last June, it was part of an unusual launch program, with the release of sequels seven weeks later.

The film canceled the idea for $100 million, failed to deliver at the box office, making $12 million on the opening weekend, and overall about $38 million. To increase the audience more time Chapter 1Territory Pictures and New Lines Choices The movie is still released on premium videos and Max in the sequel.

As of last year, Chapter 3 Not fully funded, but filming has begun and planning Chapter 4 As soon as possible instead of later. Costner’s gambling is one of the reasons for financing the sprawling story (Warner Bros. According to their deal, Costner delayed his fees, mortgaged his Santa Barbara waterfront property and invested his millions of money into the joint venture. thr Last May. To achieve the passion project, he added that his personal investment in the film was $38 million or “well above $50 million.”

destiny Chapter 2 Consider horizon Ending with a sequel's unusually long montage of picky sequels, it seems to be the trailer for the next film, perhaps a reel for investors who may be interested in joining Costner's journey to the West.

"I need more money - I do. I need some big billionaires, f-fing boats from here to here' and they like to tell people they are billionaires and I'm doing movies," Costner told thr' Awards chat endlessly Last year's podcast was in Cannes. "I don't have the money they have, I've made two'ems. Where are you rich?"