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NEWS: The Lord of the Rings: The War of the Rohirrim Film Earns US$4,600,000 on Opening Weekend in U




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GATSU



Joined: 03 Jan 2002
Posts: 15620
PostPosted: Mon Dec 16, 2024 7:20 pm Reply with quote
Could be worse, could be Kraven. But as I said in my unpublished letter to Answerman, I hope the American comics book movie bubble popping doesn't hurt manga and anime.
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MagicPolly



Joined: 26 Nov 2020
Posts: 1631
PostPosted: Tue Dec 17, 2024 1:08 am Reply with quote
I cant believe that mess of a remaster still made over 2 million
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GATSU



Joined: 03 Jan 2002
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PostPosted: Tue Dec 17, 2024 2:28 am Reply with quote
Polly: People probably missed it on the big screen the first time.
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Jabootu



Joined: 17 Jan 2024
Posts: 284
PostPosted: Tue Dec 17, 2024 6:05 am Reply with quote
Yikes! Even with a paltry $30 million production budget, that's terrible. That's only about $5 million back to the studio so far. In fact, at Sunday's box office (according to Box Office Mojo), Rohirrim came in 8th place. For instance, the rerelease of Interstellar (the number five movie) made $1,279,579 in 321 theaters, as opposed to Rohimrrim (the number eight movie) which made $1,061,878--a pretty major difference--in 2600 theaters. Also, Interstellar's been out 10 days, Rohirrim three. Again, yikes.

The only good news is that their exposure is probably in the $50 million range, including advertising, so yes, it can't possibly lose as much money as Kraven. And once it goes to streaming it will possibly get a lot of views, since people are essentially getting it for free. (Or it will be utterly ignored there, too.) Still and all, I'll bet they were at least hoping to break even on the theatrical showings.

Gatsu worried:

Quote:
I hope the American comics book movie bubble popping doesn't hurt manga and anime.


I'd say the opposite, frankly. The fact that western companies seem so inept now at entertaining western audiences is the very thing driving so many to look to Asia (K-Pop, K-dramas, anime, mange, etc.).
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Firefly251



Joined: 14 Jul 2018
Posts: 383
PostPosted: Tue Dec 17, 2024 7:32 am Reply with quote
seems like reason the movie was even made was due to a deal where they are required to use the IP else they lose the rights to use it.

Makes sense its not quality if the main reason was just to retain IP usage and a "low" budget of 30M isn't a lot for films anymore and likely less than having to renegotiate for using it in future
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Beatdigga



Joined: 26 Oct 2003
Posts: 4637
Location: New York
PostPosted: Tue Dec 17, 2024 8:16 am Reply with quote
Firefly251 wrote:
seems like reason the movie was even made was due to a deal where they are required to use the IP else they lose the rights to use it.

Makes sense its not quality if the main reason was just to retain IP usage and a "low" budget of 30M isn't a lot for films anymore and likely less than having to renegotiate for using it in future


Essentially. While this should have ramifications, the truth is this was a low-budget license grab, even if most people agree that Middle Earth without The Silmarillion isn't really something that should be a cinematic universe. The Lord of the Rings trilogy still holds up as a cinematic triumph, probably one of the biggest successes of an epic film alongside Titanic, Lawrence of Arabia, and Ben-Hur, The Hobbit was...fine, and if anything overexplained the book, and no one was going to fund animating a two-cour adaptation of the books with Tom Bombadill, the Scouring of the Shire, and all the stuff Peter Jackson cut. So here we are.
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BigOnAnime
Encyclopedia Editor


Joined: 01 Jul 2010
Posts: 1263
Location: Minnesota, USA
PostPosted: Wed Dec 18, 2024 4:46 am Reply with quote
Jabootu wrote:
Yikes! Even with a paltry $30 million production budget, that's terrible. That's only about $5 million back to the studio so far.
More like closer to $3 million after things are split between the studio and the movie theaters. Generally the split of the gross domestically is 50/50 between the studio and theater (for China, it's 25/75, elsewhere it's like 40/60), but in the first few weeks, the share heavily favors the studio, then near the end it favors the theater. This is why concessions exist and are expensive, movie theaters can't survive off just ticket sales, especially if the studio gets greedy.

I work at a movie theater, and I remember back in 2014 when The Imitation Game was expanding. The Weinstein Company wanted 80% of the ticket sales for the first four weeks, we refused, and thus we were one of the last theaters to get it.

Anyway, there's the "2.5x rule" you'll see in box office discussion often, meaning a movie has to gross 2.5x its budget to be profitable to cover the budget and P&A (print & advertising, not included in the budget). This thing has to gross close to $80 million worldwide to be profitable through the theatrical release.
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Jabootu



Joined: 17 Jan 2024
Posts: 284
PostPosted: Wed Dec 18, 2024 4:57 am Reply with quote
BigOnAnime:

Quote:
More like closer to $3 million after things are split between the studio and the movie theaters.


Yes, the movie made $10 million the first weekend, so the studio would get back about $5 million.

I'm assuming this wasn't even released in China. Aside from the meager split you mention, you also can't take monies earned in China out of China, so you have to spend it there. Really, the reason they used to release blockbusters in China is to puff up the box office numbers for publicity purposes. And now China seems to have largely decided they don't need western movies anyway, so we'll be seeing far fewer releases approved there anyway.

The old rule of thumb was 2x, but you might well be right these days, and 2.5 is probably more accurate.
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BigOnAnime
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Joined: 01 Jul 2010
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Location: Minnesota, USA
PostPosted: Wed Dec 18, 2024 5:18 am Reply with quote
Jabootu wrote:
I'm assuming this wasn't even released in China. Aside from the meager split you mention, you also can't take monies earned in China out of China, so you have to spend it there. Really, the reason they used to release blockbusters in China is to puff up the box office numbers for publicity purposes. And now China seems to have largely decided they don't need western movies anyway, so we'll be seeing far fewer releases approved there anyway.
It used to be a significant market even with the studios getting to keep only 25% of the gross. Like if a movie made $400 million there, the studio got $100 million.

The War of the Rohirrim did get released in China, but it bombed extremely hard, it made under $150,000. Add in the fact the Chinese market tends to be extremely frontloaded, it's dead dead there.
https://www.reddit.com/r/boxoffice/comments/1hexefo/in_china_kraven_the_hunter_opens_in_7th_with_a/
Quote:
The old rule of thumb was 2x, but you might well be right these days, and 2.5 is probably more accurate.
No, it's always been 2.5 that people view as the rule, even though there's tons of different things to factor in. Like here's some analysis from Deadline.
https://deadline.com/2024/05/most-profitable-movies-2023-biggest-returns-1235901633/
https://deadline.com/2024/05/biggest-box-office-bombs-2023-lowest-grossing-movies-1235902825/
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KiraV



Joined: 07 Feb 2007
Posts: 20
PostPosted: Thu Dec 19, 2024 11:25 am Reply with quote
I thought the movie was pretty good, but I'm not surprised it's doing poorly. Anecdotally, no one seems to know this thing existed and even the few who do weren't aware it was actually coming out. WB clearly didn't have faith in it given the absolute lack of marketing (Kung Fu Tea collab aside)... there were barely even any trailers in the leadup. Disappointing.
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