Al Pacino movie on hold due to budget issues

The biopic of American football coach Joe Paterno has been put on hold during pre-production.
The film, which is set to star Al Pacino and Brian De Palma, has run into budget problems, reported Deadline.
The film is based on the book Paterno by Joe Posnanski. It follows the Penn State head football coach, who was fired after it was discovered he and other big names in football were aware that former defensive co-ordinator Jerry Sandusky was molesting children.
The news of the hold on production made it seem the film was getting scrapped.
"We have not killed the project, so to say so inaccurate," the network said.

"We have suspended pre-production for a moment to deal with budget issues, but the project is still intact at HBO with the entire creative team as before.