Wachowskis and Tykwer to Shoot CLOUD ATLAS Next Month but with a Reduced Budget
by Matt Goldberg Posted: August 22nd, 2011 at 7:21 am

The Wachowski Siblings and Tom Tykwer’s audacious adaptation of David Mitchell’s Cloud Atlas has been long in development but it will finally go before cameras in mid-to-late September. Mitchell’s novel spans six different lifetimes across six different eras. The film stars Tom Hanks, Halle Berry, Hugo Weaving, Susan Sarandon, Ben Whishaw, and Jim Broadbent. If you’re wondering about the ambition of the project, Weaving said back in May that he was playing six different characters, which sounds like each actor won’t be playing just one character in one time period.
However, the project will also be working with less money. Producer Stefan Ardnt tells THR that the budget for Cloud will be “definitely lower” than then rumored $100 – $120 million, which isn’t too surprising. Speed Racer was a flop and Tykwer has never worked with $100+ budget. However, the production has gotten significant tax breaks by shooting about 80% of the movie in Babelsberg, Berlin and the surrounding area. The film is also getting made due to a unique financing arrangement from Berlin bank IFB and German regional film funding body, the Medienboard. Hit the jump for more details on Cloud Atlas.