15 years after ''Waterworld,'' the star and director team up again for ''Learning Italian''

By Adam Markovitz
Updated March 05, 2010 at 05:00 AM EST

Is Waterworld finally water under the bridge? Fifteen years ago, the $180 million fiasco sank the famously shaky friendship between star Kevin Costner and director Kevin Reynolds. But now the duo — who also collaborated on Fandango (1985) and Robin Hood: Prince of Thieves (1991) — are set to team up again on the spy comedy Learning Italian, starring Costner as a CIA spy bent on keeping his post in a beautiful seaside Italian town. The reunion is an unexpected about-face from the duo’s old animosity, which first flared up when Reynolds quit Robin Hood after butting heads with Costner and producers over the star’s screen time. And then came Waterworld. ”In the future Costner should only appear in pictures he directs himself,” Reynolds told EW in 1995 after ceding final cut of the film to the star. ”That way he can always be working with his favorite actor and his favorite director.” Still, colleagues are optimistic that the pair’s new project will be smooth sailing. ”The two Kevins have made really good movies together in the past,” says Waterworld producer Chuck Gordon. ”[I] see no reason why Learning Italian won’t be good as well.”