The link directs me to a directory thing that made me think it didn't link to the article. A second look I saw a button to actually go to the article. I don't like Forbe's site, since this has happened before.jklinders said:Fair enough, but did you not care enough about the topic to read the article included in the OP? Actually getting sufficient context from the OP strikes me as good policy when replying to a topic. It cuts down on a lot of meaningless blather. So instead of saving time for yourself you actually wasted it.Saelune said:Because I didn't read every post here, I don't generally follow movie profits, and I also don't think its unreasonable to assume the "cost" of a film might actually include...the whole cost of the film.jklinders said:Can we be fair here? When they are talking about box office earnings that is what the ticket take at the door is. That is no different than when you pay 10.00 for a burger the restaurant does not pocket 10.00 in profit. People need to be paid. This burger is cooked by people who need to be paid, it is made from food purchased from someone who needs to be paid and done at a site that has utilities that need to be paid and maintained by people who need to be paid. Sensible people know that a businesses gross revenue is not their profit so my question now is as follows. Why even after the formula has been explained multiple times in this thread is it not understood that costs have exceeded revenue here? At least 8 times it has been explained in this thread and very very clearly explained in the article the OP cited.Saelune said:When businesses don't make it clear how they work, people don't know it. All we hear is how much it cost and how much was earned. If that's all we get, it is not my fault that that is the info I use.MC1980 said:That is literally not how it works. 430 mill is gross ticket sales. Every party involved with the movie gets paid from that. Currently, the amount of money the studio made from it resulted in them being 15 million dollars short of breaking even. Ie, they lost 15 million dollars on the project. (Production budget for it was 160 mill, with an undisclosed marketing budget that could range from 50 to 100 mill, which is the standard range for most summer blockbusters.)Saelune said:430mill(earnings) - 160mill(cost) = 270mill (profit).MC1980 said:According to common sense, if it doesn't even break even, it's a flop. Exhibit A: Warcraft. This has been said like 8 different times in this thread already.008Zulu said:According to Hollywood, if it doesn't make MCU money, it's a flop.Saelune said:It earned over twice it cost to make...that...doesn't sound like a flop. A flop is well, a movie that doesn't make back its earnings.
I advise reading the article in the OP. And the one it is based on.
Nothing ridiculous. It's just the reality of how much money big budget movies need to make before the studio even manages to profit off of them. As it stands, Warcraft is 15 million dollars shy of breaking even.wizzy555 said:Anyway on Warcraft. It is currently 10th on the World wide box office charts. IF this is under-profit, then they must have simply ludicrous exceptions.
What I don't understand, and this isn't unique to you, is why people keep making this mistake. I'm not saying people should be aware of the exact distribution of box office takes per country, but they should atleast understand that the theaters showing the movie make money off of showing said movies. I mean, seriously, do people think theater chains are doing favours for Disney, Warner, etc.? And on top of this, these misinformed (uninformed(?), it's not like this train of thought is based on something factual, otherwise it wouldn't exist) people are usually those who are the condescendingly snarky ones waxing lyrical about how studios are unreasonable and greedy when in actuality movies like Warcraft literally result in them losing money.
I enjoyed Warcraft as a good popcorn movie. But it's a flop that will only make money if it does well in home video sales. the math is irrefutable.
I'm not an idiot. I know that more than the film makers get the profit, but I'm not a film accountant, nor do I really care to be. Just because I may be unfamiliar with such specifics doesn't mean you should be so arrogant about it.
I was not being arrogant. you were however being ignorant. That is not an insult. just a statement that you were posting without so much as bothering to learn about it first.
And the constant "Warcraft is a huge failure" thing is something that has perplexed me for awhile, as have the idea of movies that seem to profit being considered unprofitable.
And I do consider my initial post questioning the money math to be me looking to inform myself, which I have been. Not like I continue to defend that Warcraft wasn't a money flop. I do now have even more distaste for the business behind movies though.