Hollywood in crisis: two movie tanks will give millions in losses

Hollywood in crisis: two movie tanks will give millions in losses

Despite the success of Barbie and Oppenheimerit does not seem that the financial and labor situation in hollywood be stabilized. To the biggest strike in decades and the crisis in business modelsadd up two tanks of the cinema that will give millionaire losses.

The two movies in the spotlight are Indiana Jones and the Call of Fate and Mission Impossible: Deadly Judgment, Part One. While his returns weren’t necessarily bad, the relationship with the costs of both productions does not offer the best panorama.

The fifth indiana jones premiered at the end of June and raised $375 million around the world in six weeks. For its part, the new installment of Tom Cruise got $523 million in five weeks.

The problem highlighted by analysts is that each film cost about $300 million to produce and at least $100 million to market, putting them among the most expensive films of all time. Its collections are below expectations could lead them to lose $100 million in their passage through theaters, according to sources told the specialized media Variety.

indiana jones harrison ford

Indiana Jones and the dial of fate.

lucasfilm

These movies could have been cheaper if it weren’t for Covid-19″assured the medium Shawn Robbins, head of analytics for Boxoffice Pro, adding: “But even if the budgets were inflated, at the end of the day, these movies they cost what they cost and raised what they raised.

While it’s true that movies will also make money on digital platforms and through licensing deals, “that’s way down the line,” analyst Jeff Bock explains. “They don’t want them to be profitable in 25 years,” he said.

This does not mean that the year saw its winners. Oppenheimer already sold US$650 million with a budget of US$100 million. Barbieof course, with its budget of US$145 million It has already raised over a billion.

The millionaire figure that Margot Robbie will win for Barbie

margot robbie is being handsomely rewarded for her key role in bringing Barbie to the big screen. The star and producer behind the biggest hit of the summer could earn an estimated $50 million in salaries and box office bonuses, reports Variety.

It is likely that the director and co-writer of Barbie, Greta Gerwigalso receive bonuses due to the enormous success of the film.

Source: Ambito

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