Britney Spears’ biopic at risk due to financial problems as she is burning through $60M fortune: Source

Britney Spears' pals are growing increasingly concerned about her extravagant spending habits, which are leading her to burn through her $60M fortune
UPDATED OCT 13, 2024
Britney Spears, who is facing financial turmoil, stated in January that she 'will never' return to the music industry (Getty Images)
Britney Spears, who is facing financial turmoil, stated in January that she 'will never' return to the music industry (Getty Images)

LOS ANGELES, CALIFORNIA: As Britney Spears continues to wrestle with a financial crisis, she has placed her hopes on her eagerly awaited biopic. However, it seems like the 42-year-old pop star is going to face disappointment again as the Universal film based on her memoir 'The Woman in Me' might get delayed, with its release pushed into 2025. 

This comes as Spears' friends and family are growing increasingly concerned about her extravagant spending habits, which are leading her to burn through her $60 million fortune.

With industry insiders cautioning about the difficulties that lie ahead, the pop icon's journey from music superstar to the big screen is proving to be a complex and tumultuous ride.

Britney Spears' biopic is not on a 'fast track', reveals insider

Britney Spears spoke out against the new documentary that revolved around her alleged mental health issues (Alberto E. Rodriguez/Getty Images)
Friends are concerned that Britney Spears is finding new ways to indulge in shopping sprees (Alberto E Rodriguez/Getty Images)

A source recently revealed to Radar Online, "She was looking at this as her saving grace, and now those hopes have been dashed."

Additionally, she won't be free from nearly $1 million in annual child support payments for her sons, Sean, 19, and Jayden, 18—whom she shares with ex-husband Kevin Federline—until Jayden graduates from high school at the end of this academic year.

Friends are concerned that Spears is finding new ways to indulge in shopping sprees, and a source revealed she had high hopes for a Universal film based on her memoir, 'The Woman in Me'. However, progress on the project has stalled, and an industry insider warned that she may be waiting a while before her life story hits the big screen.

"The Britney biopic is not on a fast track and that is a reflection of the risks involved here, and nothing more," said the source. "Sure, there's a level of demand for the Britney movie that only increases every day that she stays away from the music business and live performing. People miss her, they miss the music."

The insider added, "But these movies are usually a coin flip, and for every Freddie Mercury and Elton John slam dunk there are plenty of failures!" 

Spears, who has been known for her extravagant spending in recent years, stated back in January that she "will never" return to the music industry.

"She hasn't released an album in eight years and hasn't performed live in six," a source said. "The money is going out but isn't coming in!" they added.

Internet urges Britney Spears to go 'back to work'

LAS VEGAS, NV - SEPTEMBER 21:  Entertainer Britney Spears attends the iHeartRadio Music Festival at
Many people suggested Britney Spears should consider leaving the US, while others urged her to return to work (Getty Images)

After hearing about Britney Spears' financial crisis impacting her biopic, social media users took to Facebook to share their thoughts on the same. Many suggested she should consider leaving the US, while others urged her to return to work.

One person wrote, "She's got something wrong with her. She needs some deep counseling. I don't know if that would even help her." Another added, "She’s definitely not spending it on clothes."

One netizen commented, "It's not like she needs another mansion.. I'm sure she has investments and will be fine." One more added, "She should leave the US and start over." 

One person shared, "Let that girl go broke ! Then she can go work retail." Another wrote on Facebook, "Her ex husband ask for more to raise their children in a lifestyle their their mom lives."

One netizen stated, "She can move in with the Free Britney people they love her now and when she is homeless, which she will be." Another added, "Back to work Brittney."

This article contains remarks made on the internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online

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