Last week word was flying around about problems facing the Paul Greengrass directed adaptation of "Watchmen", specifically it looked like Paramount may have to cut back on the budget by about 20% - not necessarily something to worry about (after all Greengrass is a frugal filmmaker) but it was enough to raise concern.

Today, Screen Daily reports that the film, which has been in pre-production at London's Pinewood Studios, may not be able to afford to shoot the movie there as planned. Producer Lloyd Levin cites the exchange rate of the US dollar to the British pound as one of the reasons for the change of location.

No word as yet as to where they might shoot as an alternative. Levin has made it clear that Greengrass was still attached and they're still hoping to release the film in next Summer.

Thanks to 'Karen'.