Bungie opens their weekly update by posting Microsoft's official response to Universal/Fox's decision to drop the Halo movie following a failed attempt at an 11th hour shakedown:
"We are disappointed that Universal and Fox wanted to significantly renegotiate the financial points of the deal. But the Halo franchise is hugely popular and our goal remains the same - to find a partner that shares our passion and will creatively collaborate with us to best represent the story and spirit of the Halo franchise. Peter Jackson, Fran Walsh and the rest of the creative team are dedicated to ensuring the Halo movie becomes a reality. We are already in discussions with potential partners who recognize the value of the Halo brand and its appeal to consumers worldwide."
The Bungie team themselves remain highly optimistic that a less stingy and more creatively aware financial partner will be found in short order. Yes, when the Hollywood bean counters who practically ruined the Fantastic Four and X-men 3 back out of your movie deal, it's a good thing.