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08-17-2009, 01:04 PM | #131 |
Iron Grenadier
Join Date: Feb 2009
Location: Michigan
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wow. staying away from this thread, everybody's fightin'.
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08-17-2009, 01:06 PM | #132 |
Iron Grenadier
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Quote:
A movie theater takes in about 45% of all ticket sales. But for the sake of argument we will say 40% leaving the other 60% for the studio. So if ROC has made thus far 164 million worldwide.... The studio has made around 90 million...... Far from a hit! This is why they say a film has to do double its budget to make any money back..... ROC is not going to make that. ................... .......Fantastic Four stopped at 330 million dollars. Impressive for a 100 million dollar film. Again Roc has to make almost 200 million dollars more than where they are at right now. They need at least 300 million to be considered breaking even. ..................... Does anyone really think they are going to pull that off? . However you said a film needs to make twice it's budget. From your figures it needs to make: (Budget x 100)/55 For a budget of $175 it needs $318 gross It's 10 day gross is just over $98 with F4 $100 at that stage. Since F4 went on to make $330, then, on current trend, $318 is feasible. I do agree, however, that even if it does make $318 back that it'll maybe only break even. Hard to see it making a profit. And then there's the advertising. However DVD and merch sales will probably keep it profitable overall. I think your post does encourage caution. That's probably justified. We may well see a sequel, but the budget will be a lot less. |
08-17-2009, 01:08 PM | #133 |
I HAVE SPOKEN
Join Date: Mar 2008
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Really!?!?!? Roc has made over $164 million worldwide in 10 days...
It has done well and there will be a sequel...deal with it! |
08-17-2009, 01:11 PM | #134 |
Crimson Guard
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08-17-2009, 01:13 PM | #135 |
Hisstank.Com General
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Location: San Francisco Bay Area
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I'm also in the camp that thinks it's unlikely that RoC cost $175 million to produce. Yeah there were a lot of special effects, but there were no big name stars. Compare this to the Wolverine movie, which they say cost $150 million. I imagine the licence and cast for the Wolverine movie were more then the GI Joe movie, and the special effects were fairly comparable.
Maybe Sommers just isn't as good at bugeting his movie, but I just doubt that the GI Joe movie cost that much. Especially since it's making about as much money as most people predicted. If they thought it was going to be a $250 million blockbuster they would have released it in June or July. |
08-17-2009, 01:17 PM | #136 |
Banned
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considering that the studios take their biggest cut of ticket sales (up to 90%) on first week sales and then take less and less the longer it is out, ROC's steep drop (even though expected) doesn't bode well for it profit wise for the studio. the less it makes the longer it is out, the more the theatres get to keep of its smaller gross and the less the studios get of the smaller earnings.
I'm assuming that $175 million budget includes marketing. |
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08-17-2009, 01:23 PM | #137 |
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Quote:
There's some slight contradictions there. I do agree that the larger budget does heap pressure on this film. Maybe the fact that it's budget was unrealistically high for the return might be the thing that kills the Joe franchise. Maybe the franchise just isn't popular enough, whoever wrote or directed it, to justify that level of investment, who knows?
However you said a film needs to make twice it's budget. From your figures it needs to make: (Budget x 100)/55 For a budget of $175 it needs $318 gross It's 10 day gross is just over $98 with F4 $100 at that stage. Since F4 went on to make $330, then, on current trend, $318 is feasible. I do agree, however, that even if it does make $318 back that it'll maybe only break even. Hard to see it making a profit. And then there's the advertising. However DVD and merch sales will probably keep it profitable overall. I think your post does encourage caution. That's probably justified. We may well see a sequel, but the budget will be a lot less. The issue is not if its going to make 150 million Domestic....... the problem is that it has to make the remainder in foreign sales. It seems to have a weak performance thus far in those markets bringing in only 66 million. Granted it has not opened all over the world but its not looking good as is. The basic rule in life is if you invest your money into something that is meant to make you money and it does not...... its a failure! Toy sales, DVD sales, books, video games, etc. has nothing to do with the fact that the movie is not performing well. The studio is going to try and build hype and sell it as a success but come on, we are not dumb people here. We might collect children's toys but that does not mean we need to think like a child! |
08-17-2009, 01:25 PM | #138 |
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08-17-2009, 01:33 PM | #139 |
Crimson Guard
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Actually, how much it has made depends on the source. According to a Reuters report on yahoo, the movie has currently made $190 million world wide with a substantial amount of that coming from foreign markets. 'G.I. Joe' continues overseas box-office domination (Reuters) - Yahoo! Movies Last edited by jaxscorpio; 08-17-2009 at 01:37 PM.. |
08-17-2009, 01:35 PM | #140 |
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All right Rocky, I apologize for being condescending towards you.
However, you're post on the foreign box office is also erroneous...Box Office Mojo's figures for foreign box office is a week behind (up to 8/9/09). So G.I. Joe had made 66 million in its' opening weekend worldwide, which is not bad at all. In fact, it means it performed better internationally than it did in the US. When the figures are updated later today, I expect that number will jump pretty significantly. It was the #1 movie overall internationally on its' opening weekend. No, not #1 in every single market, but still #1 overall. |
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