Terry Gilliam has had such a hard time trying to fund his last few projects that he’s hinted about retirement. However, back in April, fansite Gilliam Dreams reported that the director was set to direct a new, maybe final, film, titled “The Carnival at the End of Days.”

This past May, Gilliam claimed he had found funding for ‘Carnival.’ We already know that Johnny Depp will play Satan and that the rest of the cast would be composed of Jeff Bridges, Adam Driver and Jason Momoa. A January 2025 shoot was being eyed. (via Premiere)

No surprise, five months later, Gilliam is now telling Czech media that he doesn’t have the sufficient funds to make ‘Carnival,’ and that he would have to creatively compromise his vision to make it happen (via Novinky).

I don’t have all of the money for it right now. I would have to compromise some of my ideas. Which I don’t want to. I’m angry with myself for not being able to do it. Which is not always a bad thing. When I get angry, some interesting ideas come out […] Maybe I’ll start shooting it soon, albeit with a smaller budget.

…

Here’s Gilliam describing the plot of ‘Carnival’:

This is a simple tale of God wiping out humanity for fucking up his beautiful garden Earth. There’s only one character who’s trying to save humanity and that’s Satan, because without humanity he’s lost his job and he’s an eternal character and so to live without a job is terrible. So he finds some young people and he tries to convince God that these young people are the new Adam and Eve. God still gets to wipe out humanity. It’s a comedy.

The last time Gilliam directed a feature was 2018’s “The Man Who Killed Don Quixote,” a film he was trying to make for more than two decades. It came and went without much excitement, although I thought it was his, de facto, best film since the late ‘90s. The lack of commercial success on ‘Don Quixote’ is essentially the reason why Gilliam can’t find funding for his next projects. His films of the last 25 years have been both critical and commercial misfires.