Quote from: PierreVW on May 20, 2017, 05:24:22 PM
Quote from: Ectomorph on May 20, 2017, 05:20:49 PM
Very pleased to hear the film is doing so well - the worldwide numbers from last week definitely gave me hope! I'm rooting for Scott to make due on his promise to make six more Alien films now. I hope he has it in him.
http://variety.com/2017/film/news/box-office-alien-covenant-opening-guardians-2-1202438525/
40.2 Millions in USA!.
Good news!
The news is very good. Here is what Box Office Mojo has so far.
http://www.boxofficemojo.com/movies/?id=alienparadiselost.htmQuoteProduction Budget: $97 million
This is outstanding work by Ridley to keep costs low.
Double this with a box office number (~$200 million) and the production costs are paid. (Studios keep ~1/2 of box office money while the theaters get their share.)
- Next would be marketing costs which might be about $50 million. I'm guessing since studios rarely release those numbers these days.
My guess is that if "Covenant" can get to $300 million box office, that it will be making a profit in theaters. (I've got formulas for this but I won't bore people with that here unless someone asks me.)
- Then there is the money from streaming, disk sales, TV broadcasts, toys, etc.
"Covenant" will make money and there will be another new Alien film.
Worldwide box office numbers up through Friday, May 19;
Quote(US): $15,350,000
+ (outside US): $46,668,253
= Worldwide: $62,018,253
PS. I ran the numbers for a total budget of about $150 million for "Covenant" which includes marketing costs.
The worldwide box office number it would have to reach with the formula I have is ~$263 million to definitely make a profit in theaters.
SNL Kagan has a formula to show when a movie has definitely made money.
It is 1.75 times the total budget.
$150 million x 1.75 = $262.5 million
http://www.deadline.com/2013/01/movie-profits-december-snl-kagan/