BioShock movie isn't dead

Budget concerns are the major stumbling block.

Gore Verbinski, director of Pirates of the Caribbean, has said the BioShock movie, on which he is producing, is still in development - it's just been difficult to bring the budget down to an acceptable level.

Speaking to IGN at an event promoting his upcoming animated feature film Rango, Verbinski said of the BioShock movie: "We're working trying to make it. The problem with BioShock was: R-rated movie, underwater, horror. It's a really expensive R-rated movie."

He added: "So we're trying to figure out a way working with [director] Juan Carlos [Fresnadillo] to get the budget down and still keep so it's true to the core audience, you know? The thing is it has to be R, a hard R."

He concluded: "We're really down the road with Juan Carlos and right now it's really a budget thing and how to keep the integrity and keep it a Hollywood movie because it could balloon. It's a lot. Our first budget was extraordinarily high and we're working on it."