Terry Gilliam loses Don Quixote backers

Terry Gilliam has said his latest attempt to make a film about Don Quixote has stalled after his financial backers pulled out.

Forty years ago this week, Nixon was withdrawing troops from Vietnam, Je T'Aime topped the charts and Concorde broke the sound barrier. And then for something completely different: the first episode of Monty Python's Flying Circus aired on BBC One. We never looked at comedy - let alone Spam, parrots or lumberjacks - in the same way again. This new film celebrates the anarchic troupe's Ruby Jubilee and marks the first time the surviving Pythons have come together for a project since 1983's The Meaning of Life. It's archly subtitled The Lawyer's Cut and those Beeb briefs have been busy because it's slimmed down from a six-hour series screened in the US (as Terry Jones says, "a record so complete and faithful to the truth that I don't need to watch it") to just 60 minutes. Directed by Alan Parker, it features new interviews with Jones, John Cleese, Terry Gilliam, Michael Palin and Eric Idle, as well as archive chat from the late Graham Chapman. All tell the story of how they met at Oxbridge and The Frost Report, created trailblazing television, made the transition into films and ultimately became a British institution. Which, like the Spanish Inquisition, nobody expected.