Quote from: bb-15 on Jun 19, 2017, 06:53:13 PM
Quote from: Ingwar on Jun 19, 2017, 05:04:39 PM
Quote from: bb-15 on Jun 19, 2017, 04:21:17 PM
Quote from: gantarat on Jun 19, 2017, 01:12:39 AM
How much Studios get money/share from $215 million ?
Roughly overall, 1/2 of the box office goes to the studio.
Domestically yes, but not from the foreign markets. It's more complex that 50/50 share.
I wrote "Roughly overall". I wanted to give a short answer and imo about 50% was an OK brief description.
But as you point out box office can be complicated.
So, for you I'll be more clear with a long answer.
- It's true that the studio's share of box office varies by country where the film is being shown.
QuoteThe percentage of revenues that the exhibitor takes in depends on the individual contract for that film — which in turn depends on how much muscle the distributor has, according to Stone...
generally, how much of the domestic box office revenue goes to the studios?...
if a film only makes $10 million at the box office, the distributor will get only 45 percent of that money. But if a film makes $300 million at the box office, then the distributor gets up to 60 percent of that money...
According to the book The Hollywood Economist by Edward Jay Epstein, studios take in about 40 percent of the revenue from overseas release
http://io9.gizmodo.com/5747305/how-much-money-does-a-movie-need-to-make-to-be-profitable
- So in the end, these calculations are rough guesses.
It is possible for a studio to take in from 45% to 60% of US box office and 40% of overseas box office (which is also a guess since box office varies by country).
I don't know the specific percentages for each movie because those are secret but I'll first use a 50/40 US/overseas spit and then a possible best case for the studio of a 60/40 US/overseas split as described in the io9 article.
* 50/40 US/overseas split;
- Using that, for a film like "Star Trek (2009)" which had 2/3 of its box office in the US, that would mean about 47% goes to the studio.
With "Star Trek Into Darkness" which has about a 50/50 US/overseas box office split, about 45% would go to the studio.
For "Prometheus" where overseas box office was 68.6%, then about 43% went to the studio.
And with the "Covenant" numbers so far, where 66.2% of box office is coming from overseas, again about 43% would go to the studio.
* 60/40 US/overseas split;
- Again, for "Star Trek (2009)" which had 2/3 of its box office in the US, that would mean about 54% goes to the studio.
"Star Trek Into Darkness" and its about 50/50 US/overseas box office split, about 50% would go to the studio.
"Prometheus" where overseas box office was 68.6%, then about 46% went to the studio.
finally with the "Covenant" numbers so far, where 66.2% of box office is coming from overseas, about 47% would go to the studio.
- The actual US/overseas split I can only guess would be somewhere in this range of outcomes.
* Considering that gantarat asked a simple question, I think that the short answer of a studio keeping about 1/2 of the overall box office was a fair reply.
Excellent post @bb-15. Thanks very much for that article - it basically confirms the gist of what I've been saying.
Quote: " So how do you know if the box-office gods have smiled enough on your favorite movie that studios are likely to greenlight similar films?
The short answer is, it depends on a number of factors, but
a rule of thumb seems to be that the film needs to make twice its production budget globally." (source:
http://io9.gizmodo.com/5747305/how-much-money-does-a-movie-need-to-make-to-be-profitable)
This article also highlights and debunks the claims that all splits between theaters and studios are the same. They are not - as the article mentions.
As for Covenant's Chinese success, the only caveat is that the split heavily favors the Chinese. American firms
generally recoup only about 25% of the gross.
However, with the worldwide total over 200 million, Covenant has doubled its production budget.
Here's another interesting article about
The Mummy.
http://deadline.com/2017/06/the-mummy-tom-cruise-box-office-bomb-loss-1202114482/I will say that the article's main premise is that
The Mummy will lose money. Keep in mind that the projections are based off of anonymous insider sources and estimates. So, you have to take some of that reporting with a dose of skepticism.
But it says this: "Our non-Universal finance sources tells us that cash break-even occurs at $450M. "
So, on a budget of about 200 million, The Mummy needs 2.25 times the production budget to break even.
The reality is the American Box Office is becoming more and more irrelevant as globalization and film industry economics takes its toll.