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Production Shut Down on Johnny Depp's The Lone Ranger Movie

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Hi-yo, Silver, away? Not so fast. Disney has shut down production on The Lone Ranger movie that was to star Johnny Depp and The Social Network's Armie Hammer, according to Variety. Disney reportedly made the move because the film's budget was between 250-275 million dollars -- far more than the 200 million the Mouse House wanted to spend.  However, Variety reports production is being halted only temporarily while those costs are brought under control, meaning the budget will likely be cut.

Hammer is set to play the titular character, with Depp filling the role of the Lone Ranger's sidekick, Tonto. Helena Bonham Carter and Dwight Yoakam are also attached to the film, which was scheduled to be released December 21, 2012. The Lone Ranger is produced by Jerry Bruckheimer and directed by Gore Verbinski, who previously worked with Depp on three Pirates of the Caribbean films, as well as the animated flick Rango. 

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