Five Epic Bombs from Hollywood This Year...Thus Far
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Hollywood is scared, and we should be grateful. Over the weekend, “Men in Black III” grossed $55 million ($70 million if you include Monday’s holiday). That may sound like a lot of money, but “MIB 3” cost somewhere in the neighborhood of $375 million to produce and market. Which probably makes it one of the three most expensive movies in Hollywood history.
And it’s not just “Men in Black.” Disney spent $275 million on “John Carter” (not counting marketing, which likely added another $100 million). The movie grossed a scandalous $72 million domestically. Warner Bros. spent $150 million on “Dark Shadows” and Universal spent $209 million on “Battleship.” Those movies have grossed $63 million and $44 million, respectively. Paramount’s low-tech Sacha Baron Cohen comedy, “The Dictator,” saw its budget balloon to a reported $100 million, and will be lucky if it breaks $50 million at the box office. (James Cameron couldn’t have spent $100 million on that movie if you made a “Brewster’s Millions”- style bet with him.)
One bomb during a summer is routine. Three epic bombs would make for a very bad season. But five of them before Memorial Day?It’s such a cataclysm that it suggests the laws of nature are unraveling. And what has Hollywood so terrified isn’t just the hundreds of millions of dollars it’s lost so far — it’s that it has 10 more big-budget tent-pole movies in the pipeline between now and Labor Day. Paramount is so panicked by this environment that last week it pulled its “G.I. Joe” sequel from its June release slot and rescheduled it for next March.
Which one will be next ? With so many expensive movies sinking this year, will Hollywood step back from the blockbuster?
While theirs more flops this year I also think theirs gonna be more smashes especially with The Hunger Games, Breaking Dawn Part 2, Snow White And The Huntsman, The Hobbit Part 1, The Amazing Spiderman and of course The Avengers.
You could tell all of these would flop before they were released These studios are freaking idiots for financing such flop concepts with these ridiculous budgets.
John Carter and Battleship were never intriguing movies, MIB3 had time and the bad taste of the second one against it and Johnny/Tim, Sasha/Jay collaborate so often hardly shaking up their ideas, a miss was sure to come (I do want to see The Dictator, probably 1channel it.) And I know this article is about a week old, but Dictator has passed $50m.
So I think with these particular films they had a bullseye on them from the getgo. These bombs won't stop blockbusters.
This article just counted domestic gross. In the long run with foreign gross and DVD sales etc...Dark shadow, MIB3, The Dictator will make money. The major flops are John Carter and Battleship.
While theirs more flops this year I also think theirs gonna be more smashes especially with The Hunger Games, Breaking Dawn Part 2, Snow White And The Huntsman, The Hobbit Part 1, The Amazing Spiderman and of course The Avengers.
This article just counted domestic gross. In the long run with foreign gross and DVD sales etc...Dark shadow, MIB3, The Dictator will make money. The major flops are John Carter and Battleship.
4 of them performed poorly even overseas, except MIB3. Not to mention Dark Shadow, and The Dictator are not DVD-selling materials.
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