'Waterworld' was announced as a splashy TV show years ago...what happened to this sequel production?
The Big Picture In the mid-1990s, the default reference for a bloated Hollywood production was Waterworld. This Kevin Costner star vehicle was plagued by endless problems during its production and an array of media reports divulged each of those woes to the general public. By the time it opened in theaters, Waterworld had become a punchline, not a movie. It didn't necessarily crater at the worldwide box office, but it came nowhere near enough to justify its exorbitant costs.
It’s also likely that this TV series, which would've inhabited the same continuity as the original Waterworld, was hoping to get Kevin Costner back in some capacity. After the massive success of Yellowstone, Costner was once again a hot commodity in Hollywood and Universal was undoubtedly salivating at the idea of having him headline another big-budget event show.
Why Has ‘Waterworld’ Petered Out? The grand ambitions of streaming in 2021 have become a lot more tempered just a few years later. Companies are beginning to find streaming a lot more expensive than initially anticipated and need to find additional ways to bring in revenue. Part of that financial consciousness has included dispatching certain costly TV shows from either getting additional seasons or even getting off the ground in the first place.
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