Kate Beckinsale's Movie Saved

Kate Beckinsale's Movie Saved

Kate Beckinsale's troubled movie 'Contraband' will be saved by Universal.

The project - also starring Mark Wahlberg - was having difficulty raising funding but with the budget slashed from $40 to $30 million, Deadline.com reports Universal will now make the film.

Mark will also produce the movie, a remake of foreign language film 'Reykjavik-Rotterdam'.

The story focuses on a former smuggler who becomes a security guard, but is lured back to his old job when he finds himself in financial trouble.

Baltasar Kormakur will direct the project, which has been adapted from the original by Aaron Guzikowski.

'Reykjavik-Rotterdam' was Iceland's submission for the Best Foreign Language Film Oscar in 2008, although it missed out on the final shortlist.

No start date or expected release schedule has been confirmed for 'Contraband'.

Kate, 37, most recently starred in 2009's 'Everybody's Fine' alongside Robert De Niro and Drew Barrymore and will next be seen in 'The Trials of Cate McCullogh', in which she plays the titular character.