400m budget?
https://www.darkhorizons.com/submarine-fault-delays-mission-impossible-8/
Might not do much more than 400m after the last one!
https://www.darkhorizons.com/submarine-fault-delays-mission-impossible-8/
Might not do much more than 400m after the last one!
Cruise really should've just made this one movie, 3 hours long and been done with it because as it stands, it'll be 3 years since the last one and no one is going to remember this and also, next time out, make certain we don't have a Barbie sequel coming out the same time to kill this one as well
shareThis is nuts, and I liked the last one. But these movies were never massive blockbusters compared to other film franchises. Like none of them cracked a billion dollars or even just $800M. Sounds like the studio is think they got another TG: Maverick when the last one underperformed. No wonder Paramount is in trouble.
shareThey were in deep with it being Part 2 filming back to back with Part 1 , had they just made DR a separate entry as MI7 they probably wouldn't have bothered doing an 8th what with the notable 200m drop in box office from Fallout.(then doing a reboot in a few years). Unless the drop was due to the 'Part 1' issue (maybe some of it was)
Yeah Top Gun 2 must've made Paramount think MI would finally break a billion (after in the increasing box office of MI4-6, Fallout having a notable increase to near 800m)
I don't see how they can expect to even come close to earning that back. MI-6 is the highest-grossing film in the series so far. Its production budget was $180 million, with another $150 million spent on promotion. If those numbers are accurate-- and they are often exaggerated to build interest or avoid taxes-- it ended its theatrical run $18.5 million short of breaking even. Perhaps it has broken even in the interim due to streaming revenue or Blu-ray sales.
Profiting on a movie after spending $400 million on production, plus more promoting the film, in today's world, where nearly no one goes to the movies anymore, is very unlikely.
If the film earns $1 billion-- say, $300 million domestically (MI-6 earned only $220 million) and another $700 million globally, with $200 million in China-- and if they spend the same $150 million to promote it that they did on part 6, MI-8 will STILL end up losing $150 million.
If a $178m budget movie is not making a profit after grossing $791m then the movie business is dead. MI6 definitely made a healthy profit otherwise the two sequels wouldn't have been greenlit.
shareIt's nearly impossible to know, but my gut feeling is usually along the same lines. If they weren't making money making these films, they'd have stopped making them a long time ago. But then, on the flip side, cinema is in decline, and what used to work no longer does. There used to be a massive second life for films on video, but no more. Films used to linger in theaters for months, slowly recouping costs, no more.
I would not be at all shocked to know that a film that the studio claims cost $180 million to make really only cost $90 million, and that the $150 promoting it was actually $30 million. It's good marketing to make people think they're going to see a film that cost over $300 to make/promote, and it makes for great tax write-offs to inflate those costs, but it could all well be exaggeration, in which case it's easier for them to profit on the film.
This might be the last mega blockbuster Tom ever makes. I think they're gonna go nuts with it. No expense spared.
shareHonestly I felt that part 1 was the first misstep on this great franchise. They should have just made a single movie.
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