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Those planning on catching Horizon: An American Saga — Chapter 2 in theaters have to hold their horses for a bit.

The second part of Kevin Costner‘s projected four-part Western epic is no longer moseying on over to theaters on Aug. 16, per The Hollywood Reporter.

A New Line Cinema spokesperson shared a statement with the outlet confirming the news and explaining that the decision, on behalf of Territory Pictures and New Line Cinema, originated “in order to give audiences a greater opportunity to discover the first installment of Horizon over the coming weeks, including on PVOD and Max.”

“We thank our exhibition partners for their continued support as moviegoers across the US discover the film in its theatrical run,” the statement continued

Territory Pictures also issued a statement, noting that “the audience response to Horizon, and enthusiasm for seeing our story continue in Horizon 2, has been incredibly gratifying.”

“Kevin made this film for people who love movies and who wanted to go on a journey,” the statement continued. “The support that we have received from film fans, and the theater owners, as they experience the first chapter of this saga only serves to reinforce our belief in them and the films that we have made, and we thank them for coming on board for the ride. We welcome the opportunity for that window to be expanded as we know it will only serve to enhance the experience of seeing Horizon 2.”

Kevin Costner in 'Horizon: An American Saga — Chapter 1' — Photo: Everett Collection

As noted by Deadline, there are currently no plans for Chapter 2 to immediately head to streaming, though a new theatrical release date has yet to announced, as Variety reports that the film “remains a theatrical release.”

Chapter 1 debuted at Cannes, earning Costner a lengthy standing ovation but rough reviews afterward. The film hit theaters on June 28, and as of Tuesday, has grossed a little over $23.4 million worldwide, per IMDb, less than a quarter of its $100 million budget. The film made $11 million in its opening weekend in the United States.

According to THR and Variety, the first installment will be released on Premium VOD (PVOD) on July 16, and eventually Max, though a streaming release date has yet to be revealed.

Speaking to GQ for a cover story published in May, Costner said that he’s invested “about $38 million in the film.” During a recent appearance on Today with Hoda & Jenna, Costner attempted to make light of the financial undertaking after Jenna Bush Hager iterated that he “mortgaged a home.”

“More than that, more than that,” he quipped, proceeding to pretend to shoot himself with a humorous “kaboom.”

He added, “No, I don’t want to do that. If there’s a way for me to fulfill a dream, if I have to look to myself, I do.”