The little mermaid has made $542 million from its theatrical run so far
https://www.boxofficemojo.com/release/rl1913750273/
On a budget of $250 million.
So it has broken even before it goes to streaming
No it hasn’t
It cost 250 to produce and another 200-300 marketing
The studio gets about 60% od ticket sales
The movie has not been profitable
I think I read it has to male 750 M to break even.
Break-even for Mermaid is estimated at 600+ million. It might make that, but it won’t bring in the kind of profit one invests $250 million in production and 100+ million in ads and support to get.
That’s gross sales. The article I looked up said the producers get 55%, or about $300 million. That’s a big difference from $542 million.
In the first two weeks, the studios get about half the box office with the theaters getting the other half, with the theater percentage rising thereafter as audience numbers drop.
The rule of thumb is that a movie’s gross should equal its production cost by the second week in order to be ultimately profitable. Little Mermaid gross was just $206M by end of second week. I doubt the bean counters are happy.
I order to break even it has to gross twice is production and marketing costs which be about $750 million for Mermaid. It has a good ways to go.