Renowned actor Kevin Costner has revealed that he mortgaged one of his esteemed California properties to finance his latest film endeavor, "Horizon: An American Saga." Despite the financial risk, Costner remains unapologetic about his decision and is excited to see his project come to fruition. The actor shared his insights during an interview with the Associated Press at the 76th annual Cannes Film Festival.

In a recent interview with Deadline, the 69-year-old star disclosed that he took out a mortgage on a 10-acre plot of undeveloped coastline he had purchased in 2006 for a staggering $28.5 million. Originally intended as the site for his family's final home, Costner made the bold choice to channel the funds into self-financing his passion project.

Costner expressed his belief that investing his own money in the film was a worthwhile endeavor. He stated that witnessing his vision come to life was of greater importance than the fear of risking his personal finances. While acknowledging the desire for financial success, Costner emphasized that it should not overshadow the artistic and entertainment value he aims to convey through his work.

Warner Bros. has announced plans to release the first installment of the "Horizon" series in theaters on June 28, followed by "Chapter Two" on August 16. Costner is hopeful that the subsequent third and fourth films will also be produced, as he has already penned scripts for each of them. Despite pursuing variations of the "Horizon" concept since 1988, the actor struggled to find a collaborative partner who shared his vision and was willing to finance the project, which has a budget exceeding $100 million.

Reports suggest that Costner personally raised approximately $50 million towards the film's budget, demonstrating his unwavering commitment to bringing his creative vision to life. In his interview with Deadline, the actor revealed that he deferred his writing, producing, and acting fees in order to secure the production of the first two "Horizon" movies. Costner's dedication to storytelling and his belief in the power and longevity of cinema propelled him to take this financial leap.

As the release of "Horizon: An American Saga" draws near, Costner remains steadfast in his dedication to promoting the films alongside his partners for many years to come. The actor's unwavering passion for his art serves as a testament to his commitment to cinema and the impact he hopes to create with his latest project.

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