Box Office Bombs Have Paramount Losing Over $500M in Next 2 Years
- Thread starter Street Knowledge
- Start date
Updated the post with the budgets I could find.
Honestly I'm shocked it's taken this long for a third ring film.Who is running paramount?!?all these movies the only ones im seeing jack reacher 2, and that alien shyt. No one wants a ring part 3!!!!
Both films made a lot of money.
I mean, if it's good I'd watch it. Loved the first one. Horror classic.But who is checking for a third ring film?!?who authorized this shyt?!
I don't have much faith it will be but you never know.
Lucky_Lefty
Dreams Are Colder Than Death...
To never make it again
Also some of the bigger stars get money on the backend also pause.
Make crummy mvoies and surprise no one goes to see it brehs
if it was as violent as Spartacus TV show if havw been there first day
i wonder which brain surgeon up there was like "the streets are really wanting a new ben hur boss"
even my pops whos watched ben hur 10000000 times was
TheGodling
Los Ingobernables de Sala de Cine
So if these studios have partners in advertising that cover a portion of advertising cost, and partners that cover some of the production cost with product placing ***cough Mike Bay****, it makes it impossible to do an outside profit cost analysis because unless you have insider knowledge of the books. It's really guesstimating at best and bullshyt at worst, and these studios could be crying wolf on how much is being made and loss
That's the point. Hollywood makes most of its money by cooking the books. Somewhere in the middle of the 20th century studios started paying high profile actors with a percentage of the net profit, thus determining the worth of an actor literally by the money they bring in. They started extending net profit deals when they realized that there are so many factors involved they could easily whip up some accounting magic saying the movie made no net profit, thus they wouldn't have to pay out a whole lot of money. And of course, the less profit a film makes, the less taxes you have to pay as well. Uwe Boll infamously exploited a German tax law which allowed him to write off the entire movie's production cost as well as additional tax breaks in case the movies didn't break even. Boll thus deliberately made terrible movies so what little money they did make, turned into 100% profit. Add that he also got paid a salary as a writer, director and producer and he made millions this way while the internet wondered 'Who the hell would fund one of his movies?'. Smart investors, it turned out.
Here's another fun example:
On paper The Empire Strikes Back never made any net profit. Let that one sink in.
The actor who portrayed Vader sued the studio because of how much bullshyt it was (he was contracted to a net profit deal and since the movie was reported to make no net profit, he didn't get paid). The case was eventually settled but it's a clear example of Hollywood cooking the books.
Another big trick in Hollywood is attributing enormous parts of the budget to costs made by companies they own. Say a studio spends 10 million on building sets. Who do you think they hire? Why, of course they hire a daughter company of the studio so the studio essentially pays itself 10 million. On paper they made some huge costs (thus lowering net profit) while in reality they just shuffled the money around in their own company. You start adding product placements and outside investors to the equation (none of which are mentioned in the budget since it only specifies costs, not investments) and a movie often costs the studio far less than they pretend it does. They simply pretend they cost them a lot of money.
Of course a studio can't sustain a series of serious flops because their movies do actually need to bring in some money but more often than not, the rule that a movie has to make twice its budget is only true on paper.
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Ol’Otis
The Picasso of the Ghetto
Hollywood accounting is fishy
and let's keep it real Hollywood as we know it is coming to an end
those old ass cacs are out of touch with reality
and let's keep it real Hollywood as we know it is coming to an end
those old ass cacs are out of touch with reality
Atsym Sknyfs
Superstar
Also don't forget with this new 2016 Math .. breaking even or turning a small profit is considered a failure... everything is compared to the next big thing instead of to itself and so 75% of all movies today are a failure. And DVD/Blu sales aren't included but if the movie really did stink chances are they wont RECOUP with the home media sales either...
that new math sucks... to me a profit of a dollar is still profit... problem is these exes promising 10% cuts and bonuses where they need a minimum 100-200M profit to keep themselves happy
that new math sucks... to me a profit of a dollar is still profit... problem is these exes promising 10% cuts and bonuses where they need a minimum 100-200M profit to keep themselves happy
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MIKE SPLEAN
Superstar
Speaking of which, just saw Hell or High Water Today
from start to finish. I was going to get in my feelings during the epilogue but it ended up being real smooth and worked really well. I'm hard pressed to find an issue with it