New Regency putting ‘Lives’ in turnaround

Budget problems with Canton, Village Roadshow delay pic

Suspenser “Taking Lives” has been put in turnaround at Fox-based New Regency.

Tony Scott (“Enemy of the State,” “The Fan”) remains attached to helm the pic, though it’s unclear if Cate Blanchett, who reportedly attached early last week, will stay on.

Gwyneth Paltrow was also reported to be circling the actioner, but according to insiders, no talent other than Scott is attached to the project now in the wake of the collapsed New Regency talks.

Insiders say that Regency execs had failed to reach an agreement on the pic’s budget with producer Mark Canton and Village Roadshow Pictures, which is financing it.

A summer start date had been planned, though that’s now in question. Development of Scott’s pic is understood to have reverted to Warner Bros., home to both Village Roadshow and Canton.

Based largely on the novel of the same name by British political and cultural newspaper columnist Michael Pye, the “Lives” script follows a female FBI profiler on the trail of a sociopath. After murdering various strangers, the wandering killer actually assumes the identities of those he’s slain.

Script was recently drafted by Jon Bokenkamp, who is also putting a last-minute production polish on Artisan’s “Blair Witch 2.”

Scott is repped by CAA, Blanchett by the William Morris Agency; Bokenkamp is repped by ICM and managed by Graup Entertainment.

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