Though many are hoping it will score a late 2018 release for awards qualification, Martin Scorsese’s “The Irishman” is probably not going to make it as a recent report about the film’s Chinese theatrical run has revealed that the already substantial budget of the Netflix original film is ballooning.
Original reports about the film last year pegged its budget at around $100 million, a very costly sum for what is effectively a mob drama. The newest report from Deadline indicates that Scorsese was initially given $125 million to make the film, and now the budget for it has already climbed into the $140 million range and is very likely going to go higher.
Shooting on the film has already wrapped with editor Thelma Schoonmaker and Scorsese currently early in post-production. However, the de-ageing visual effects on all the various actors will still need to be completed and it’s not clear just now long that will take.
While STX is distributing the film in China, it has been confirmed that’s the only country where a theatrical run is planned – everywhere else (including the U.S.) will see it first on Netflix. Robert De Niro, Harvey Keitel, Al Pacino, and Joe Pesci star in the film, marking a reunion of many talents whose last notable film together was “Casino” in 1995.