Halo Back on Ice Indefinitely
Peter Jackson, Fran Walsh and Microsoft have decided to post-pone work on the Halo film until they can get a studio on-board for financing. I assume this means that they couldn't cut a deal with anyone after Universal and Fox backed out of the deal.
As was previously confirmed, we deeply regret that both Universal and Fox did not choose to move forward with financing the Halo film under the original terms of the agreement. At this time Peter Jackson and Fran Walsh, along with their partner, Microsoft, have mutually agreed to postpone making a feature film based on the Halo video game universe until we can fulfill the promise we made to millions of Halo fans throughout the world that we would settle for no less than bringing a first class film to the big screen. We are fully supportive of Director Neill Blomkamp's vision of the film. Neill is a tremendously gifted filmmaker and his preliminary work on Halo is truly awe-inspiring. While it will undoubtedly take a little longer for Halo to reach the big screen, we are confident that the final feature film will be well worth the wait.
Why can't Gates just spend his allowance on the film, crap he could pay to have the real Halo world created, footing the bill for a bit of fakery would be a drop in the bucket for him.
Bad News. HALO a No-Go... aka Why are the studios retarded? [Ain't It Cool News]