43 million domestic, another 44 rest of world. Not great, but honestly that nearly as bad as people are saying. Especially since these “live action” remakes largely exist to renew copyright and maintain control of the merch. Most of them don’t make a lot of money.
Most people saw it for one or two reasons: One, just to see how really bad it was, or two, just to piss off Trump voters.
Let’s see the drop-off in next week’s numbers, that will really tell the tale.
The budget was one of the highest.
Not exactly a Bob Dylan “Copyright Album” with 100 LPs released.
“Not great, but honestly that nearly as bad as people are saying.”
Projections a couple of weeks out were 80 million domestic. Then revised down to 45-55 million just before it opened. Turned in just under final projections but well under projections made 2 weeks earlier.
It needs around $600-700 million to break even (some say higher but the actual costs are not public). Looks like it will top out around 250 million. Disney will probably lose 150-250 million IMHO.
The story of ‘Snow White’ is public domain. Disney’s original film masterpiece is under copyright until 2030-something. I think they made this remake because they thought it would be a cheap and easy money-getter.
Not true, many of them made over 1 billion dollars...
This one is going to cost Disney over $200 million in losses...
But the studio gets only some of that money. Domestic Box Office X 50% + Foreign Box Office X 40% (varies, but smaller percentage than domestic), = $43,000,000 X 50% + $44,000,000 X 40% = $21,500,000 + $17,600,000 = $39,100,000.
If the film is Godzilla Minus One, made for $15,000,000, that is a great opening weekend. Snow White has been billed at $270,000,000, which is type of statement called a lie, but even if you use that number, and add in just $30,000,000 for marketing, you get a total cost of $300,000,000.
Unless a movie opens in very few theaters, or is otherwise a sleeper hit, made popular by word of mouth, the opening weekend is typically the best, being 25%-40% of the total box office. Even if we assume this film has unusually long legs, and its opening weekend is only 20% of the total 5 X $39,100,000 = $195,500,000.
That means a loss of $105,000,000. But the actual costs is tens of millions higher, the final studio take will likely be at least ten million lower, and much of this money has been tied up for years, meaning the studio has lost at least ten million more, if you factor in the cost of money.