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October 12, 2011 by · Leave a Comment 

The Lone Ranger rides again — or at least so it seemed judging from numerous published reports on Tuesday indicating that Johnny Depp (who had been cast as Tonto in the shelved movie), had agreed to take a substantial pay cut, as had producer Jerry Bruckheimer and director Gore Verbinski. Their salaries alone reportedly represented $40 million of the Disney movie’s original $250 million budget. The Chicago Sun-Times reported that some of the expensive computer graphics for the film have been scrapped as well as a train sequence. It also said that even outside vendors have been asked to take fee cuts, including hotels. As a result, the budget has now been trimmed to $215 million, according to the reports, although several executives at rival studios say that figure is still much too high. Disney had originally planned to open The Lone Ranger on December 21, 2012. It was unclear whether the production delay will also affect the booking date.