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Ben Affleck’s ‘Live by Night’ Flop Results in $75 Million Loss
Variety ^ | January 27, 2017 GMT | Brent Lang

Posted on 01/27/2017 12:28:39 PM PST by drewh

“Live By Night” mostly fired blanks when it debuted in theaters last December, and its failure has resulted in a lot of financial carnage.

The expensive gangster picture was a passion project for Ben Affleck, who directed, wrote, produced, and starred in the story of a Florida rum runner. But critics ripped the picture, calling it dramatically inert. That’s left Warner Bros., the studio behind the film flop, looking at a $75 million loss, according to insiders with knowledge of its financing and rival studio executives.

“Live By Night” has made $16.5 million globally, and is not expected to have international appeal despite Affleck’s star power. Talky period pictures don’t tend to play well overseas, particularly when they don’t come loaded with Oscars. The film cost $65 million to produce and tens of millions more to distribute and market. Warner Bros. only gets a percentage of ticket sales. It will try to cushion its losses with home entertainment sales and rentals, as well as television licensing deals. The studio did have a significant financial partner on the film in Dune Entertainment, though it’s not clear how much the slate financing partner invested in “Live By Night.”

“Live By Night” is adapted from a Dennis Lehane novel. It co-stars Elle Fanning, Sienna Miller, Zoe Saldana, and Chris Cooper, and centers on a Prohibition-era criminal who battles with rival gangs as he struggles to corner the market on hooch.

Warner Bros. has a long relationship with Affleck, having backed and made money on his previous directorial efforts such as “Argo” and “The Town.” He also played the Dark Knight in the studio’s “Batman v Superman: Dawn of Justice,” “Suicide Squad,” and the upcoming “Justice League.” Affleck plans to direct a standalone Batman film.

A spokesman for Warner Bros. declined to comment.

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


TOPICS: Chit/Chat; Local News; Music/Entertainment; TV/Movies
KEYWORDS: affleck
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To: brucedickinson

Depp is still Box office gold...............


21 posted on 01/27/2017 12:47:14 PM PST by Red Badger (If "Majority Rule" was so important in South Africa, why isn't it that way here?.......)
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To: drewh
Argo? I'd seen that story on numerous documentaries and they were more interesting. Affleck has no soul, he's inert and plastic. Just a walking talking black hole.

This was the peak of his acting career and it's been downhill ever since.


22 posted on 01/27/2017 12:47:31 PM PST by ImJustAnotherOkie
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To: drewh

“Live By Night” was dead by day.


23 posted on 01/27/2017 1:00:19 PM PST by Flick Lives
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To: chris37

They don’t need my dollars either.


24 posted on 01/27/2017 1:08:15 PM PST by SMARTY ("Nearly all men can stand adversity...to test a man's character, give him power." A. Lincoln)
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To: Red Badger

Depp is box office poison. The first Pirate’s movie was a gem. The next 12 not so much. Feels like 15


25 posted on 01/27/2017 1:09:50 PM PST by brucedickinson
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To: trisham

“The trailer is boring”
Now that’s bad!


26 posted on 01/27/2017 1:10:01 PM PST by MCF (If my home can't be my Castle, then it will be my Alamo.)
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To: drewh

Warner probably could have salvaged something if they’d re-cast the lead, hired new writers, put in a seasoned director, and left it in the hands of a competent producer.

Oh, and spun off CNN before the election.


27 posted on 01/27/2017 1:16:24 PM PST by PAR35
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To: ImJustAnotherOkie

Ah, Dazed and Confused!


28 posted on 01/27/2017 1:16:58 PM PST by Repealthe17thAmendment
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To: trisham

Yes, when the trailer is boring you know the movie will stink.


29 posted on 01/27/2017 1:17:22 PM PST by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: brucedickinson

I loved them all, 4 of them, and a new one coming out this year!...............


30 posted on 01/27/2017 1:17:31 PM PST by Red Badger (If "Majority Rule" was so important in South Africa, why isn't it that way here?.......)
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To: drewh

I will say that Affleck was really good in the movie Gone Girl, but that’s mostly because David Fincher was director.


31 posted on 01/27/2017 1:19:23 PM PST by bjcoop
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To: drewh

Haven’t seen this one, but “Argo” and “The Town” were excellent.


32 posted on 01/27/2017 1:20:29 PM PST by karnage
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To: LostInBayport

I try to support the good ones, like:
The Resurrection of Gavin Stone...
it didn’t play very long locally darnit.


33 posted on 01/27/2017 1:21:56 PM PST by spankalib ("I freed a thousand slaves. I could have freed a thousand more if only they knew they were slaves.")
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To: drewh

This looked to have a Boardwalk Empire feel to it by the trailers. Big fan of the old gangster noire genre. Still looking forward to it.


34 posted on 01/27/2017 1:25:29 PM PST by moehoward
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To: drewh

a Prohibition-era criminal who battles with the Ku Klux Klan and rival gangs


OMG. I need a safe space.


35 posted on 01/27/2017 1:27:32 PM PST by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: bjcoop
he was da bawmb in phantoms yo!
36 posted on 01/27/2017 1:29:47 PM PST by drewh
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To: bjcoop

“The Town” was good. I love Jeremy Renner, though.

https://www.rottentomatoes.com/m/the_town/

http://www.imdb.com/title/tt0840361/


37 posted on 01/27/2017 2:27:46 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: drewh

Too many guns.
He should make peaceful movies like Matt DAMON!.....


38 posted on 01/27/2017 4:46:04 PM PST by minnesota_bound
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To: drewh

And how does this rum running flop compare with Lucky Lady (1975) another rum running flop.

My rum running flop is bigger than your rum running flop!


39 posted on 01/27/2017 4:56:01 PM PST by Ruy Dias de Bivar
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