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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: Kozak

No problem!


81 posted on 09/08/2016 9:10:27 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: simpson96

“The ancient tale”?? The novel was written in 1880 by Lew Wallace


82 posted on 09/08/2016 10:04:59 PM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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To: Jonty30

I’ve not seen it, nor will. How did it remove the symbolism?


83 posted on 09/08/2016 10:09:01 PM PDT by Cronos (Obama's dislike of Assad is not based on his brutality but that he isn't a jihadi Moslem)
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To: Cronos

By making it meaningless.


84 posted on 09/09/2016 1:00:38 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: HamiltonJay

Exactly.

If I had heard it was out I would have seen it.


85 posted on 09/09/2016 1:05:22 AM PDT by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: CatOwner
“I’m glad they didn’t do an all-female remake.” Ben-Her?

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

Ha Ha Well played!

86 posted on 09/09/2016 3:56:05 AM PDT by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: Godebert

I just assume whenever I see his name that Morgan Freemen will be playing the wise president of the United States.


87 posted on 09/09/2016 5:20:05 AM PDT by T-Bone Texan (Don't be a lone wolf. Form up small leaderlesss cells ASAP !)
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To: Jonty30

Part of the power of the two earlier versions is that the chariot races were actually performed by the actors and stunt men. This CGI nonsense is destroying any sense of reality or the excitement of the movies. They’ve got to get rid of it.

My husband is a film teacher and he has to tell kids that Keaton and Harold Lloyd really did perform those extreme stunts.

Also, the writer of the article is an idiot. It is not an ancient story; it was a novel written by a Civil War commander named General Lew Wallace.


88 posted on 09/09/2016 7:19:16 AM PDT by miss marmelstein (Richard the Third: With my own people alone I should like to drive away the Muslims)
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To: simpson96

Some movies simply do not need to be remade. Samuel Jackson needs to slow his roll as he has become very much over exposed and unwatchable. I will never watch a movie with him as I am tired of his same old schtick. His character is tired and been done too many times. He’s Pulp Fiction in every movie, even when he affects a different voice, cannot be a different character to save his life. Even his commercials are tiresome. Retire Mr Jackson, you’re done.


89 posted on 09/09/2016 6:48:55 PM PDT by slouper (LWRC SPR 5.56)
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