USA Today had an article on just this topic today. They mentioned how the studio likely lost millions on the first film they did back in 2011. However, the film was a huge hit on home video, bringing in tens of millions. This part of the article is important to remember, not only for this film, but films similar to it:
"When you drill deeper into the numbers and tally the additional revenues, it becomes clear that the Jason Statham business is a great business to be in," says Paul Dergarabedian, senior media analyst for comScore.
http://www.usatoday.com/story/life/movies/2016/08/23/why-is-there-a-mechanic-sequel-jason-statham/89110234/Lionsgate loves doing films with Statham, and according to the numbers(at the box office and home video), the fans love him too.
I really enjoyed the film. To be fair I also love cheesy action films, and Statham knows how to deliver those.
You're never going to get any truth from us(the media). We'll tell you anything you want to hear.
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