And we know the name too!
But the biggest news is that the name of the series will be
It's safe to say no one expected Paul Walker to die so tragically and at such a young age, but that doesn't mean his backing studio skimped on insurance
According to new reports, Universal Pictures is negotiating an settlement with their insurers, Fireman's Fund, and might stand to be awarded around $50 million to help them complete Fast & Furious 7.
Yeah, that's $50,000,000. With seven zeroes. And it could be the largest insurance payout in Hollywood history.
The number is so high because action re-shoots with his brother Cody and CGI touch-ups have been incredibly costly thus far and they need all that money to finish shooting the film on time.
"They are finishing the film more or less as scripted, replacing Paul with [computer-generated] face replacement,' a source told the publication of the blockbuster movie initially budgeted at $200 million and now estimated to be at least $250 million."
Naturally, the insurance company isn't thrilled about paying out this much money so there have been some hiccups in the negotiation process.
We're glad Universal should be getting money to complete their film, but we're sure even the coldest-hearted exec would burn the entire payout if it could somehow bring Paul back.
He continues to be missed!