Lone Ranger Date Set, Delays “Thor 2”

Disney’s big-budget “The Lone Ranger” project looks to be a go, but it’s coming at a price – a delayed return trip to Asgard.

THR reports that fees for the principal players involved in the production have been reduced 20%, including certain payments deferered until the box office results start coming in.

Bruckheimer Films is also agreeing to pony up for any cost overruns on the now $215 million-budgeted Western epic. In fact the filmmakers will reportedly sacrifice much of their back-end participation if the film comes in over budget.

Two important dates have now been set – shooting on the Johnny Depp and Armie Hammer-led project will now commence in February in New Mexico. More pertinent however, it has pushed back its release date five months from next December to May 31st 2013.

Partly as a result of that, and also likely give it more time to get itself together, Marvel’s “Thor 2” has been kicked from the same May ’13 slot to a mid-Fall bow on November 15th 2013. Disney has also slotted in the “Phineas and Ferb” movie for July 26th 2013.