‘The Master' and ‘Inherent Vice' Both Close To Being Financed

Huge news day for PTA fans. According to an article at Vulture, Paul may have found financing for not one, but both of his upcoming projects. Twenty five year old billionairess Megan Ellison, (who recently helped finance The Coen Bros. "True Grit" and John Hilcoat's upcoming "The Wettest County In The World"), is in negotiations to co-finance Paul's adaptation of "Inherent Vice" as well as his untitled religious drama known as The Master. The article also says that Jeremy Renner is no longer attached to The Master project but that Phillip Seymour Hoffman is still "interested." Well, duh.

Paul has been in contact with Thomas Pynchon, author of "Inherent Vice", and is currently halfway through a second draft. Now the question becomes, assuming that the financing goes through, is which project would get made first? Vulture speculates "Inherent Vice" might have the edge since Robert Downey Jr., who is interested in the lead, recently dropped out of Sam Raimi's Oz, The Great And Powerful and now has an opening in his schedule later this year that could very well be filled with 'Vice'. Either way, this is hugely exciting news and we will post more info on this as soon as it surfaces.

Read the full article at Vulture.