Louisiana Tax credit movie information

Thanks!

Deepwater Horizon est. prod. cost $156 million?

One would think they'd stop at $65 in order for it to have any chance to make a profit.

The movie is made by the same people that are making the Transformers movies, maybe they are trying to be the San Andreas success of the year.

They could get as much as 37 million in tax credit.

Indeed, still - it seems like an unreasonable amount to me.

Rebates should put them around $120 mil. (which does seem like a "target" amount the accountants/auditors might've come up with - rebates considered) - and with all due respect to Wahlberg, considering marketing spend necessary to push this thing OS - still looks unreasonable. Unless they pre-sold the world - as Summit/LG often do(es) - really well.

BTW, Conrnnetto, you should consider offering your expertise to the trades, man:

http://deadline.com/2016/08/deepwater-horizon-movie-louisiana-flood-disaster-aid-obama-1201807855/

It took Deadline 2 days to get there.

I have to agree on both points. 

Unless they pre-sold the world - as Summit/LG often do(es) - really well.

But it's debatable how much a Wahlberg film could command on the overseas market: unless he's working opposite giant robots or a foul mouthed teddy bear, his overseas percentages are incredibly poor.



"Security - release the badgers."

still looks unreasonable

Will have to wait for the trailers to see if that mega budget was warranted and delivering the kind of spectacle that can sell worldwide and make if feel like an event movie a little bit, that you should see in theater if you are to watch it.

It is a lot for a movie that seem to target the domestic market mainly (with both the star and the subject)

That said you rarely have giant budget non-franchise movie that are not made by Nolan, Tarantino or Cameron that will sound as a safe move, I cannot think of one this year or last year.

And with the current exchange rate, being a domestic heavy star is not that bad honestly, if that movie do Lone Survivor/Daddy Home domestic it does not have to do really too much on the foreign market, Ted 2 foreign performance would be enough.

Lone Survivor business would be catastrophic considering how badly that did overseas - just $29.7m - and Ted 2 is one of Wahlberg's very best overseas results (his fourth highest as a leading man, and two of those were pre-existing franchises).

This really does seem like a colossal risk at that cost.


"Security - release the badgers."

I was talking Lone survivor/Daddy Home domestic + Ted 2 foreign would be good, a movie that make more than is budget on domestic alone is usually in very good shape.

Yet even if it matched Lone Survivor's $125m domestic it would still be in trouble: it's WW gross is $3m less than Deepwater Horizon's budget. Matching Daddy's Home would mean that nobody's kid lost out on their college education, but it still wouldn't get them out of the woods until it hit TV.

World Trade Center seems to be what they're aiming for, but they've spent two-and-a-half times as much with a star with much less international appeal and the director of Battleship (who has something of a gift for picking childish fights with journalists when promoting his films).


"Security - release the badgers."