The film, which is currently in the pre-production phase of development, was reportedly budgeted at US $160m and due to shoot in Los Angeles in the near future. A number of production staff have reportedly been let go from the project and other shooting locations are being considered with an aim to making Bioshock a more financially-viable venture.
Director Gore Verbinski of Pirates of the Caribbean fame reportedly remains attached to direct the film, which is scripted by Gladiator scribe John Logan.
"We were asked by Universal to move the film outside the U.S. to take advantage of a tax credit," said Verbinski. "We are evaluating whether this is something we want to do. In the meantime, the film is in a holding pattern".
Only time will tell whether moviegoers will ever step foot in Rapture or whether the film will implode like the Halo adaptation of a couple of years ago.


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