It’s true that Costner wasn’t bailing on Yellowstone to lounge in Montecito. His contract carved out the time last year to focus on Horizon, the first of a planned series of independently-financed Civil War-era Western films that Costner is co-writing, producing, directing, and starring in. The first movie, budgeted at more than $100 million, and shot last year, is still awaiting a release date from Warner Bros., which invested a small amount of money in exchange for domestic distribution rights. I’m told that Costner recently showed about 30 or 40 minutes of footage to Warner Bros. Discovery C.E.O. David Zaslav (Costner is buds with Zaz and attended his recent birthday dinner at Mr. Chow) and Warners film chiefs Mike De Luca and Pam Abdy, and he’s been pushing for a late 2023 release. But Warners already has a packed Q4. Dune: Part Two, Timothée Chalamet’s Wonka prequel, and Aquaman and the Last Kingdom are already scheduled, so the studio hasn’t been willing—or even able, given its financial issues—to add Horizon to the ’23 slate.
That situation actually contributed to the Yellowstone intrigue. In December, amid the Costner availability standoff, his lawyer Kaplan began pressing Paramount to possibly take over domestic distribution from Warners, going directly to Keyes Hill-Edgar, C.O.O. of Paramount Media Networks and MTV Entertainment Studios, and Dan Cohen, chief content licencing officer for Paramount Global. It wasn’t an express quid-pro-quo situation, but the Paramount people certainly felt Costner might suddenly become more available for Yellowstone if the company agreed to board Horizon and give it a late ’23 release, as Costner desired. Alas, Paramount declined to do so and the impasse continued. (Warner Bros. declined to comment.) Now, despite not yet having a release date for the first Horizon, Costner has begun casting the second film, per a Breakdown notice I saw last week that included a late April or early May start date. He has told Paramount he’s busy with Horizon 2 from March through October.