Britney Spears is keen to get her biography movie off the ground, but sources claim it will be postponed well into 2025. This presents a significant blow to the pop star's diminishing financial resources.
“She was looking at this as her saving grace, and now those hopes have been dashed,” a source said to The National Enquirer.
The 42-year-old singer has been spending her $60 million fortune and is currently experiencing a financial crisis. She will not be able to avoid paying nearly $1 million in annual child support payments for her sons Sean, 19, and Jayden, 18, her children with her ex-boyfriend Kevin Federline, until Jayden graduates from high school at the end of this school year.
According to the insider, Spears was hoping for a Universal film based on her biography, “The Woman in Me.” Friends are concerned that she is discovering new ways to waste her money based on her shopping addiction.
However, the film's creation has slowed down, and an insider in the industry warns that she might be waiting a while before her life story is adapted for the big screen.
“The Britney biopic is NOT on a fast track and that is a reflection of the risks involved here, and nothing more,” a spy spilled. “Sure, there’s a level of demand for the Britney movie that only increases every day that she stays away from the music business and live performing. People miss her, they miss the music.”
“But these movies are usually a coin flip, and for every Freddie Mercury and Elton John slam dunk there are plenty of failures!”
In January of this year, it was claimed that Spears "will never" return to the music industry despite her recent extravagant spending sprees, RadarOnline reported.
“Britney hasn’t made an album in eight years and hasn’t played a concert in six,” the insider noted. “The money is going out but isn’t coming in! Their patience was rewarded."
According to the insider, Britney and her team "need to take a long-term view of this process and not be so obsessed with the short-term payoff or following the music biopic trend." This is about the fact that Britney is a musician.
The insider added, "I get that Britney needs money and is tired of performing live, but these things take time!"
During the month of August, it was disclosed that Universal Pictures, the production company responsible for the currently stalled Madonna biopic, had acquired the rights to Britney Spears's best-selling memoir, “The Woman in Me,” as per The Daily Mail. In addition to being produced by Marc Platt, a famous Hollywood producer, the picture will be directed by Jon M. Chu, who is known for his work on the film Wicked.
Time will tell how long it takes for the film to get up and running since Madonna has struggled with her movie. A separate source told National Enquirer Magazine earlier this month that the "Like a Virgin" singer hopes to get the team behind “Barbie” to help move things along.
"If Madonna could make this happen, it's an instant green light," the source said of the Queen of Pop meeting with producers Margot Robbie and her husband, Tom Ackerley, as well as director-writer Greta Gerwig and her husband, co-writer Noah Baumbach.
"Margot, Tom, Greta and Noah are literally the only qualified filmmaking team with the clout and juice to get the Madonna biopic made and at the scale Madonna wants," the source explained.
