With a budget of $120 million, Francis Ford Coppola's "Megalopolis" grossed only $4 million on its opening weekend, making it one of the worst box office openings for a $100M+ movie to date.
Budget: $120 million [source]
Opening weekend gross: $4 million
Factoring in marketing costs and the theaters taking their cut of the profits, Megalopolis would need to make at least $300 million to break even. I think it’s safe to say that’s not happening.
It would have been THE worst opening for a $100 million movie ever, had it not been for Pluto Nash’s horriffic opening 22 years ago.
Even The New York Times is reporting near-empty screenings of Megalopolis!
Why would anybody spend $300 million on a movie nowadays? If this isn’t Avatar or Deadpool, it’s not going to make it back.
I think for someone like that, it isn't about the money, it's about making your artistic vision happen, using the clout you built elsewhere to push through a project that was never financially viable but it's your dream as a filmmaker.
Sometimes those stories end up becoming some of the biggest movies of all time, but often they just end up being a big waste of money except for the guy who gots to make his dream movie.
Sometimes those stories end up becoming some of the biggest movies of all time, but often they just end up being a big waste of money except for the guy who gots to make his dream movie.
- replies
- 0
- announces
- 0
- likes
- 0