Source: WENN and Aint it Cool
According to WENN, spiralling costs have forced studio bosses to scrap plans to film in Australia. Production was due to start on April 10th but the studio was hit hard by the recent strength of the Australian dollar. The currency conversion would push the film over its $100 million budget, leaving Warner Bros. little choice but to scrap the start date and find another location. The setback looks likely to affect the movie’s scheduled June 2011 release date.
On the good rumor front, Aint it Cool is reporting that the very awesome Jackie Earle Haley is the frontrunner to play the villian Sinestro in Green Lantern. Haley who was fantastic as Rorschach in Watchmen, stars as Freddy Krueger in the new A Nightmare on Elm Street reboot which hits theaters on April 30, 2010. You can see the teaser trailer here