Quote from: Dkwookie on May 31, 2017, 11:54:07 AM
Ok I have an example I want the box office experts here to explain. Olympus Has Fallen.
Budget $70 million
WW box office take $161 million
By all the expert analysis mentioned in this thread that film is a "flop". A big flop
But they made a sequel, London Has Fallen, which by the way made $205 mil off a $60 mil budget and has another sequel in development.
I said it before in this thread, there are too many armchair box office "experts" who wholesale believe the Hollywood accounting myths
You can make money off of movies in many ways. You not understanding why a movie is greenlit doesn't mean the box office analysis was wrong. A movie can be greenlit for many different reasons, even if the prior one flopped.
here are some reason why that have virtually nothing to do with the box office returns on the prior movie.
An individual greenlit the first one and either considers it his pet project or he's in so far with commitment they will be damned if they aren't making a sequel to prove them right.
The studio desperately needs franchise movies in its portfolio and is willing to take a loss if it thinks the next will be a hit
They had a particular investment arrangement with other backers that shielded (and continues to shield them) from any real risk exposure.
They could have an arrangement with a star or director that if they do this the studio will back a pet project of theirs
They could simply predict a different marketing strategy over seas will make massive changes in profit
They desperately need a movie in a release window and this is the one that is furthest along in development so they are making it
The studio itself just has a strong fondness for a franchise
There are so many reasons that you can get a sequel when the first one flopped.
Just because you don't understand the number doesn't mean there are not people who do. Nothing is that mystifying. Numbers are numbers.