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Hopes for a BioShock movie worthy of the legendary gaming IP are underwater as news that Netflix has slashed the film's budget surfaces. Following a change in leadership at the firm, the project's budget has been cut to ribbons and will be "reconfigured" into something smaller and "more personal".

Word comes to us from Variety. The outlet attended a San Diego Comic-Con panel last week at which producer Roy Lee said the scope of the project had shifted (thanks, GamesIndustry.biz). Back in March, Dan Lin became the streaming platform's top film executive, taking over from Scott Stuberr, who was the big dog when the BioShock movie was given the go-ahead in 2022.

Lee set expectations: "The new regime has lowered the budgets. So we're doing a much smaller version... It will be a more personal point of view, as opposed to a grander, bigger project." Francis Lawrence, of The Hunger Games fame, is still on board to direct, but there is no word of a release window yet.

How do you feel about a "more personal" BioShock proposition? What could that possibly entail? Let us know in the comments section below.

[source variety.com, via gamesindustry.biz]