John Woo cancels production of '1949'

April 03, 2009 BEIJING -- "Red Cliff" director John Woo has canceled his planned shoot of "1949," a romantic feature set in the first year of China's communist revolution, producer Terence Chang said Friday. "It's off," Lion Rock head Chang told The Hollywood Reporter, explaining that, after 10 drafts of the script, the main investors in Taiwan had sold the same property by "Lust, Caution" scribe Wang Hui-ling to a Taiwanese TV channel. Chang said the Taiwanese investor, a company called ARTS -- run by Ling I-Jun and May Yu -- had a Taiwan government grant of NT$24 million ($725,856) to make Wang script's for TV with producer Virginia Liu.

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