Kevin Costner hopes Netflix will ‘bail him out’ of ‘Horizon’ debt: A ‘hole he has dug for himself’

Kevin Costner is looking to the horizon.

Now that his “Horizon: An American Saga — Chapter One” is racking up impressive viewership numbers on Netflix, the actor, 70, is hoping that the streaming giant will buy him out so he can settle his debts, Life & Style reports.

“Kevin is good at projecting calm, experience and a generally level head, but behind the scenes the whole Horizon project has been stressful to him financially, physically and even intellectually,” a source familiar with the project told the outlet.

The Western film franchise, which also stars Sienna Miller, Sam Worthington, Luke Wilson and Giovanni Ribisi, saw appalling box office numbers when it premiered in June 2024.

Like its predecessor, “Horizon: An American Saga — Chapter Two” got mostly negative reviews from critics after its release.

The second installment still doesn’t have a theatrical release date, and it remains to be seen if it will ever get one.

According to insiders, Costner “still doesn’t fully understand why the theatrical release of the first part of the story didn’t connect with most viewers, but he’s pressing forward with the rest of the films and he’s finally got some good news in the form of Chapter One’s excellent showing on Netflix, where it’s landed in the top ten.”

“And Kevin and his team need it to perform because right now, Netflix is the only company with deep enough pockets to completely bail him out of the hole Kevin has dug for himself with these movies,” the insider added.

The Oscar winner reportedly suffered major financial strain as a result of his poorly received passion project, and is now looking to Netflix to bail him out.

The streamer is “the only company that can provide Kevin the resources to finish this saga in the next eighteen months without having to cut too many corners,” a source told the outlet.

“It’s a big check to write, but if the first movie continues to perform well for Netflix’s viewers, the expectation around town and even within Kevin’s Hollywood circle is that Netflix will eventually step up and buy the rights to the whole series and take Kevin out of debt.”

Insiders add that — while it would be the best-case scenario for him — it would also be “an ironic outcome for Kevin to hope for because he was thinking about Horizon as more of a streaming series than a collection of films” when he conceived the idea of the film.

“It was only through the popularity of Yellowstone, and the financial windfall it brought him, that Kevin reconsidered and decided to make this story into big-budget movies,” they went on.

“Kevin is in an eight-figure hole on this project and he’s finally got some hope that Netflix will bail him out and expose the films to viewers all over the world. But Horizon has to continue to perform on streaming for that to happen.”

The Post has reached out to Costner’s reps for comment.

The first movie, which premiered at the Cannes Film Festival in May 2024 before hitting theaters in June, grossed $36 million on a $100 million budget. Costner reportedly spent $38 million of his own money on the film.

It also received scathing reviews from critics. It has a 51% critics approval score on Rotten Tomatoes.

After “Chapter One” tanked, its sequel was taken off the theatrical schedule and instead had its world premiere in Venice.

Still, the “McFarland, USA” actor confirmed that he plans to direct and star in the third film of the planned four-part “Horizon” series.

Principal photography on the project reportedly began in May 2024 and is expected to finish later this year.