Robert De Niro and LEONARDO DiCAPRIO's much-anticipated new movie The Good SHEPHERD has been shelved after production company INITIAL ENTERTAINMENT GROUP pulled out its funding.

The spy thriller was in pre-production when Initial boss Graham King chose not to go ahead with the film, which had a $110 million (GBP61.1 million) budget - according to trade paper DAILY VARIETY.

Studio bosses at UNIVERSAL insist they're still committed to bringing the film, about career CIA agent JAMES WILSON, to the big screen.

The project is set to be De Niro's second directorial job after taking charge of A BRONX TALE in 1993.

12/11/2004 19:57