Forum - View topicNEWS: Edge of Tomorrow's U.S. Box Office Reaches US$94 Million
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Hastati
Posts: 34 |
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Apologize if this is a dumb question, but I know little about how box office results actually translate into profit for a studio. Is a box office roughly double a production budget considered a success?
I really, really enjoyed this film, a lot more than I thought I would, so I hope it's enough of a success for others to consider adapting Japanese novels. |
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walw6pK4Alo
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The guess is that double production budget accounts for marketing and promotion as well as what cuts the theaters eventually take after a few weeks of being out, the studio takes the bigger cut of ticket sales early on necessitating the urgency of a movie to hit it big fast. Like right now the theaters are the ones make more percentage off the ticket sales, not the producers (because the studios take the initial cut for a few weeks, that's why theaters overcharge on concessions). International ticket sales also have some quirks, like what's made off them isn't pure profit for the studios like domestic sales are. Then you can factor in disc sales further on down the line and what profits they get from premium cable and Netflix and so on, but that doesn't necessarily make an expensive movie a hit – that all worked for Dredd 3D because that movie was relatively cheap.
I would think the more appropriate question we need to ask is not what's ultimately profitable, but what number makes execs take notice and want to fund sequels or similar scripts. Probably not just double the production budget. $20 million profit off something that initially cost $300 million (all together) may as well be a loss to most of these guys. |
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GATSU
Posts: 15634 |
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It'll be lucky if it cracks $360 million global, but it probably would've done worse without Cruise. I wish it was bigger, but then that Apes sequel is considered a success, even though it has a similar budget, but hasn't even come close to EoT's international box office. Though the latter still has yet to hit key international markets.
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Beatdigga
 Posts: 4658 Location: New York |
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This feels like Pacific Rim all over again. Weak initial opening boosted by strong international market, word of mouth, and home video sales.
I really hope that they do adapt more light novels, because this shows that even if you're not 100% faithful (I know, I know!) the ensuing moving can still be great. This was a great movie, and most critics seem to agree. |
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acetatsujin
Posts: 208 |
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Great movie. Different ending from the original novel.
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Spotlesseden
Posts: 3514 Location: earth |
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this will cracks 360 easily. Not sure why you said it would lucky. This film will be surpass Noah in worldwide box office($359.2) in next week. Right now it's at $357.9. |
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GATSU
Posts: 15634 |
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Spotless: It's pretty much been released in every key market, and Japan gets the new Godzilla next weekend, so...
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nhat
Posts: 922 |
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How did it do in the JP market?
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mdo7
 Posts: 6689 Location: Katy, Texas, USA |
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So where were you when this article came out and I'll quote:
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nhat
Posts: 922 |
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Ah ok thanks! |
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BigOnAnime
Encyclopedia Editor
 Posts: 1268 Location: Minnesota, USA |
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3,505 theaters? Uh, it's currently in less than 1,000... It was in 3,505 theaters for its second weekend.
http://boxofficemojo.com/movies/?page=weekend&id=allyouneediskill.htm
Also when you do double your budget, you still can lose money (And I'm not talking about the shady thing that is Hollywood accounting). Rise of the Guardians made over $300 million worldwide against an estimated budget of $145 million, but lost $87 million and led to layoffs at DreamWorks. Print and advertising costs probably were a big part of the problem. If you look up the movie on BoxOffice.com, it'll show you the estimated production budget combined with P&A costs, and those are $200 million, so if you imagine a double-budget scenario of needing around $400 million, then the $87 million loss makes much more sense.
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Hastati
Posts: 34 |
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Thanks for the answers about box office profits! Very interesting, and a lot more complex than I realized. Makes sense that the money would sort of...drift away the more spread out movie releases become.
I'm just happy that the movie was received well critically, hopefully that will help convince other producers to take a chance. There are a lot of great sci-fi stories out there waiting for adaptations. Recently, I think a movie based on Knights of Sidonia could potentially be great, but that's probably never going to happen. |
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GATSU
Posts: 15634 |
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Shana: Yeah, EoT's done an admirable job of holding out this long, all things considered. But hey, at least it wasn't a John Carter-type bomb. Instead, it's just a misfire which will make its money back, if nothing else. I've said it before, but if it weren't for Cruise, it would do a helluva lot worse. It'd be in Lone Ranger territory.
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