Major investor pulls out of Jackie Chan movie

With an estimated $60m budget, 'Kung Fu Yoga' has already spent weeks filming in Dubai
Jackie Chan has been filming various scenes across Dubai for weeks.
Jackie Chan has been filming various scenes across Dubai for weeks.

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One of the financial backers behind a Jackie Chan movie currently filming in Dubai has pulled out of the project, according to the Wall Street Journal.

The newspaper reports that Viacom18, a joint venture between US entertainment company Viacom and India’s Network18 Media & Investments pulled out of a movie project that stars Jackie Chan, claiming that it couldn’t agree terms. Viacom18 was reportedly set to provide one-third of the funding for the film.

Shooting for the movie, entitled ‘Kung Fu Yoga’, has already begun in Dubai, with various scenes shot at the Atlantis Hotel, the Palm, parts of Downtown Dubai and Jumeiah Lake Towers. The cast and are expected to remain in the emirate until October 30.

“We called it off because we couldn’t agree on the terms,” said Gayatri Gulati, head of international business at Viacom18, told the Wall Street Journal.

She declined to give more information why the company decided to drop the project, which is also backed by two Chinese companies, Taihe Entertainment Corp. and Shinework Media.

The movie, with an estimated $60 million budget, is expected to combine the film traditions of China and India, and include fights scenes as well as some Bollywood-style dancing.

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