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'Ben-Hur' Faces Epic $120M Loss as Summer's Biggest Box-Office Bust
Hollywood Reporter ^ | 9/8/2016 | Pamela McClintock

Posted on 09/08/2016 12:45:52 PM PDT by simpson96

Ben-Hur? More like Ben-Horrendous.

The ancient tale directed by Timur Bekmambetov is officially the biggest bust of summer 2016 and is on track to lose an epic $120 million or more, according to sources close to the film and multiple box-office analysts consulted by The Hollywood Reporter. The Paramount/MGM release has grossed just $54.1 million to date at the global box office since its mid-August debut, including a dismal $25 million domestically. While it has several major foreign markets yet to open, the film is fading fast and will have a hard time getting past $75 million globally, say knowledgeable sources.

Ben-Hur cost nearly $100 million to make before a major marketing spend. The loss is calculated when comparing box office and marketing costs against box-office film rental and revenue from ancillary revenue (home entertainment and television).

MGM will take the majority of the financial hit, since it put up more than 80 percent of Ben-Hur's budget and much of the marketing spend (it did minimize some of its exposure by selling off rights in select foreign markets). Paramount's loss is pegged by sources at a relatively modest $13 million.

An MGM rep declined comment on the exact amount of its loss on the film.

(Excerpt) Read more at hollywoodreporter.com ...


TOPICS: Chit/Chat; TV/Movies
KEYWORDS: benhur; boxoffice; hollywood; moviereview; movies
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To: simpson96
The math is not right.

The movie cost "nearly 100 Million to make" plus marketing. It had grossed 54 Million so far and they claim a $120 million loss.

My brother-in-law worked as an accountant for a major studio. His comment to me once was: If the box office receipts equal production costs, then everyone has "made money". He also gave me many examples of how they bury 'costs' so as to put money into the right pockets.

21 posted on 09/08/2016 12:59:40 PM PDT by Michael.SF. (Open borders will be the 'beso de la muerte for America.)
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To: DouglasKC

The star lookedlike he had zero charisma. The producers were Burnet and his wife.


22 posted on 09/08/2016 12:59:49 PM PDT by Dr. Ursus
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To: simpson96

Rotten Tomatoes gave it a 28% rating, which is abysmal.


23 posted on 09/08/2016 1:01:47 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Buckeye McFrog

Yes, more PC garbage.


24 posted on 09/08/2016 1:02:27 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: Jonty30

I went to see it. The Christian symbolism is more notable in this version then the original. I enjoyed it.


25 posted on 09/08/2016 1:02:51 PM PDT by Kozak (ALLAH AKBAR = HEIL HITLER)
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To: Sans-Culotte
"...it was foolish to remake a movie as classic as the 1959 Ben-Hur."

Incredibly so!

26 posted on 09/08/2016 1:02:52 PM PDT by simpson96
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To: Snickering Hound

A movie that truly did not need a remake. I still remember the first time I saw it.


27 posted on 09/08/2016 1:03:16 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: fortheDeclaration

Did you see it?
Because I did, and I did not feel any PC component at all, and the Christian element was heavier then the original.


28 posted on 09/08/2016 1:05:09 PM PDT by Kozak (ALLAH AKBAR = HEIL HITLER)
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To: simpson96

Not wise at all to try to remake Classic Movies.

What will he try next Gone with the Wind?


29 posted on 09/08/2016 1:05:58 PM PDT by Bullish (That establishment heads from both sides are exploding over Trump is the very best part.)
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To: simpson96

This flop was totally predictable.

1959's Ben Hur won a record breaking 11 Academy Awards including BEST PICTURE!

Ben Hur was also the fastest-grossing as well as the highest-grossing film of 1959, and was second in "all time gross receipts" right behind Gone With The Wind at that time.

I remember my parents making reservations with the Capri Theater so we could see Ben-Hur at their Sunday showing right after Church!

30 posted on 09/08/2016 1:07:15 PM PDT by onyx (YOU'RE POSTING HERE, SO DONATE MONTHLY! NOT NICE TO FREEPLOAD!)
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To: vladimir998
That's just it. Hollywood has been unable to come up with enough original concepts for movies, so they're going with remakes. Of course, they're doing so while trying to push forward a left-ish, social message.

The era of special effects and surround sound for movies, particularly for viewing on home "theaters", has added to the death spiral of Hollywood movies.

31 posted on 09/08/2016 1:07:56 PM PDT by CatOwner
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To: simpson96

I’m glad they didn’t do an all-female remake.


32 posted on 09/08/2016 1:08:39 PM PDT by Huskrrrr
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To: simpson96

I suppose this happens when you have a great original and then do a remake. Lacking in ideas or simply lazy, Hollywood has made numerous remakes that have not lived up to the original, and thus many people are not eager to so see another one.


33 posted on 09/08/2016 1:08:51 PM PDT by apocalypto
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To: Jonty30

Should have titled the movie “Ben-Ghazi” It would have gotten more play!


34 posted on 09/08/2016 1:10:01 PM PDT by Don Corleone (Oil the gun, eat the cannolis, take it to the mattress.)
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To: simpson96

Never remake a movie that doesn’t need remade. Remake a movie that hardly anyone has heard of or was only moderately successful or even a flop.


35 posted on 09/08/2016 1:10:02 PM PDT by Leep (Hillary Clinton does not approve of this message.)
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To: Huskrrrr

“I’m glad they didn’t do an all-female remake.”

Ben-Her?


36 posted on 09/08/2016 1:11:27 PM PDT by Huskrrrr
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To: Huskrrrr
“I’m glad they didn’t do an all-female remake.”

Ben-Her?

Or maybe an all-transgender remake. Been-Her?

37 posted on 09/08/2016 1:13:16 PM PDT by CatOwner
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To: simpson96

I bet if the original was digitized and released on the big screen, it would have grossed almost as much...

Something as powerful and well made as the original is hard to beat..


38 posted on 09/08/2016 1:13:22 PM PDT by Popman (Righteousness exalts a nation, but sin is a reproach to any people...)
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To: Kozak
I was talking about the Magnificent 7.
39 posted on 09/08/2016 1:15:58 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: A Formerly Proud Canadian

I haven’t. It’s more an assumption I made, knowing how typically hostile Hollywood is to Christianity and how the PC forces want to remove anything meaningful from our society.

If it indeed gave respect to Christianity, I might through the studio a bone and buy the Blu-ray.


40 posted on 09/08/2016 1:16:13 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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