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But, if you are on board with this world and its production design and wild energy paired with the kind of ambition reserved for producers with a cocaine budget on their features then this is your movie. Even the fabled “Ulysses Cut”, which is really a fan edit, adds in approximately 40 minutes of extended footage and none of those minutes make this film any better. Waterworld does not tell a great story – let’s get that fact out now. The Smokers and Mariner engage in a long sea chase, with both Helen and Enola caught in the middle. Rumor has it Enola has a map tattooed on her back that leads the way to dry land with oil reserves depleting more every day Deacon wants to lead his men off the seas and onto terra firma. After the polar ice caps melted the planet became a water world dry land is nothing more than a much talked about myth…or is it? At one atoll Mariner meets Helen (Jeanne Tripplehorn), ward of Enola (Tina Majorino), both of whom are being pursued by The Deacon (Dennis Hopper), leader of the Smokers, a band of pirates. The Mariner (Kevin Costner) is a solitary trader, sailing between atolls – floating manmade cities – and offering up rare items such as dirt in exchange for useful and equally rare items (like a tomato plant).
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The gargantuan budget is commensurate with its astounding ambition but by the time the credits roll what has transpired certainly looks expensive and impressive… but that’s about it.
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The controversy surrounding the film and the tales of behind-the-scenes melees do hold plenty of value, though maybe even more than the actual film. That’s the situation Kevin Costner’s post-apocalyptic seafarer Waterworld (1995) found itself in once tabloids began reporting the film had gone vastly over budget, on its way to becoming the most expensive film ever made by that point. When a film has been labeled a “bomb” before ever opening in theaters it is pretty much a foregone conclusion the box office performance is going to follow suit.