Nancy Meyers explains the title “Paris Paramount”.

Industry observers have been riveted to the ongoing negotiations surrounding Nancy Meyer’s upcoming romantic comedy Paris Paramount for the past few weeks. Starring Scarlett Johansson, Penelope Cruz, Owen Wilson and Michael Fassbender, the film originally launched on Netflix with a reported budget of $130 million. But disagreements over the film’s final budget (Meyers and her team reportedly wanted to aim for another $20 million) eventually led to Netflix abandoning the project.

Now “Paris Paramount” is being sold to other studios, rumored to have Warner Bros. in the mix. Last but not least, the negotiations brought the film a lot of additional attention. A consistent hitmaker for decades, Meyers has directed smart romantic comedies like What Women Want, It’s Complicated and Something’s Gotta Give. But if Paris Paramount is ever completed, it will likely be their most high-profile project in quite some time.

Meyers took to her personal Instagram account on Saturday afternoon to give fans a vague update on the film. While the questions of where (if any) the film will ultimately end up and what budget it will receive are still up in the air, questions about the film’s title could easily be resolved.

Meyers explained that the working title is part of a quote from legendary romantic comedy director Ernst Lubitsch (of “The Shop Around the Corner” fame), who famously said “I was in Paris, France and I was in Paris,” according to Paramount and frankly, I prefer Paris, Paramount.” Given that the film purportedly tells the story of a love affair between two movie stars, the quote about the romance found on a Hollywood movie set is an apt choice.

“A lot has been written about my new film,” Meyers wrote in the caption of the post. “Here’s one thing I can easily clear up – and that’s the title – ‘Paris Paramount.’ It comes from a quote from the brilliant and elegant comedy director (I would say romantic comedy creator) Ernst Lubitsch. The film is about a group of people making a film and the magic and mystery of what we are doing. As always, Lubitsch said it best.”

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