World War Z (Movie) - Less Than A Hour Of Usable Footage Filmed

The Hollywood Reporter has the following to say regarding the status of the film:

On World War Z, writer Damon Lindelof was brought in to do a third act, but after figuring out how much additional work was needed, he handed the project off to collaborator Drew Goddard. Sources say Paramount execs only had 52 minutes of continuous footage cut together to show them, along with a few minutes of other action. The film is said to be gearing up for a seven-week reshoot in London. 

One former studio chief says it's tough to "throw good money after bad" in an attempt to salvage a troubled film. But others point to The Bourne Identity, which became a big hit despite drastic reshoots before its 2002 release. 

Among the current crop, industry observers are giving the benefit of the doubt to Disney's $200 million-plus Ozbecause it comes from seasoned producer Joe Roth and director Sam Raimi, who has the Spider-Manfranchise under his belt. That film completed 13 days of reshooting in early August; Roth says the film needed "substantial" work to fix a talking monkey that only started to speak at the midway point, which confused test audiences. "We thought the joke would work, and we were wrong," he says. "We had to go back and have all the main characters who are interacting with the monkey reshoot."