Black Panther: Wakanda Forever

Disney Analyst

Well-Known Member
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Black Panther steadily climbing for 2022 box office. Number 8 in less than 3 weeks.
 

Screamface

Well-Known Member
The way films are made is quite complicated. Marvel doesn't just make the film.

They create a company as a separate legal entity to make the film. Which then licences the rights from a holding company. I assume Marvel/Disness finance the films themselves. So they then lend the company the money to make the film.

That company then hires the production company, which is Marvel Studios to make the film. Marvel Studios is its own for-profit entity. So their fee for production is for profit. Which is how they can overpay themselves. I assume they probably have a high base cost for a Marvel film which they charge for all Marvel films. 3 months of studio time, crew, catering, etc. Separate from unique parts of the production like actors, directors, locations VFX and so forth.

So some of the budget is flowing back to the parent company, yet they are still owed the total amount lent. Which if there's a loss can be used for tax purposes. It's all tricky and complicated.
 

Disney Irish

Premium Member
The way films are made is quite complicated. Marvel doesn't just make the film.

They create a company as a separate legal entity to make the film. Which then licences the rights from a holding company. I assume Marvel/Disness finance the films themselves. So they then lend the company the money to make the film.

That company then hires the production company, which is Marvel Studios to make the film. Marvel Studios is its own for-profit entity. So their fee for production is for profit. Which is how they can overpay themselves. I assume they probably have a high base cost for a Marvel film which they charge for all Marvel films. 3 months of studio time, crew, catering, etc. Separate from unique parts of the production like actors, directors, locations VFX and so forth.

So some of the budget is flowing back to the parent company, yet they are still owed the total amount lent. Which if there's a loss can be used for tax purposes. It's all tricky and complicated.
I understand what you're saying, its why Hollywood math is always so "fuzzy".
 

CaptainAmerica

Premium Member
The way films are made is quite complicated. Marvel doesn't just make the film.

They create a company as a separate legal entity to make the film. Which then licences the rights from a holding company. I assume Marvel/Disness finance the films themselves. So they then lend the company the money to make the film.

That company then hires the production company, which is Marvel Studios to make the film. Marvel Studios is its own for-profit entity. So their fee for production is for profit. Which is how they can overpay themselves. I assume they probably have a high base cost for a Marvel film which they charge for all Marvel films. 3 months of studio time, crew, catering, etc. Separate from unique parts of the production like actors, directors, locations VFX and so forth.

So some of the budget is flowing back to the parent company, yet they are still owed the total amount lent. Which if there's a loss can be used for tax purposes. It's all tricky and complicated.
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CaptainAmerica

Premium Member
I understand what you're saying, its why Hollywood math is always so "fuzzy".
Lol everything he's saying is nonsense. There are no circular payments within and between various legal entities owned by The Walt Disney Company intended to inflate production costs for... reasons? Disney controls both sides of the ledger because almost all of their subsidiaries are wholly owned. You can't create "profit" on one ledger out of thin air because that would also create "loss" on another ledger, which you also own. Intercompany transactions are eliminated when consolidating entities report financial results. He also ignores the fact that you have to, you know, PAY all the friggin people.
 

Disney Irish

Premium Member
Lol everything he's saying is nonsense. There are no circular payments within and between various legal entities owned by The Walt Disney Company intended to inflate production costs for... reasons? Disney controls both sides of the ledger because almost all of their subsidiaries are wholly owned. You can't create "profit" on one ledger out of thin air because that would also create "loss" on another ledger, which you also own. Intercompany transactions are eliminated when consolidating entities report financial results. He also ignores the fact that you have to, you know, PAY all the friggin people.
Um, you do know it was a joke right?

Its the old joke that Hollywood math is fuzzy math....
 

Screamface

Well-Known Member
Lol everything he's saying is nonsense. There are no circular payments within and between various legal entities owned by The Walt Disney Company intended to inflate production costs for... reasons? Disney controls both sides of the ledger because almost all of their subsidiaries are wholly owned. You can't create "profit" on one ledger out of thin air because that would also create "loss" on another ledger, which you also own. Intercompany transactions are eliminated when consolidating entities report financial results. He also ignores the fact that you have to, you know, PAY all the friggin people.

Help me understand. Each film involves the creation of its own legal entity as a production company to make the film. So they create Black Panther 2 LLC or whatever it's called.

They then get the funds to make the film and have to contract out the resources to make the film.

Marvel Studios has a long-term production facility established in Atlanta for making films. As well as make films elsewhere. That's a separate entity from the production company. Even though they fall under the same corporate structure.

When Black Panther LLC wants to rent out studio space, hire crews, get sets built etc. They would have to contract out with Marvel Studio's production to get sets, crews and so forth. Whatever the structure the studio makes films, it would be financed by the production company.
 
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CaptainAmerica

Premium Member
Help me understand. Each film involves the creation of its own legal entity as a production company to make the film. So they create Black Panther 2 LLC or whatever it's called.

They then get the investment to make the film and have to contract out the resources to make the film.
But Disney doesn't go out and solicit third party investment (aside from something like product placement). The investment comes from under the same corporate umbrella.

So if there's +250 million on Black Panther 2 LLC, there's a (250) million on Buena Vista Productions LLC or whatever.
 

Screamface

Well-Known Member
But Disney doesn't go out and solicit third party investment (aside from something like product placement). The investment comes from under the same corporate umbrella.

So if there's +250 million on Black Panther 2 LLC, there's a (250) million on Buena Vista Productions LLC or whatever.

But Black Panther 2 LLC then has to spend the money to make the film. It still has to contract out for studio space, for crews and other costs.

When Marvel Studios creates a long term production facility to make these films, like they have in Atlanta. What is spent there making Black Panther 2, will be paid for by the money coming from Black Panther 2 LLC. I would assume they have fixed costs and rates at this stage.

As the whole point of creating Black Panther LLC, is about a separate legal entity is to separate yourself from debts and liabilities. Doesn't it still owe a debt to Bueno Vist Productions LLC of 250 million?
 

MickeyMouse10

Well-Known Member
I feel bad for the computer effects crews. I think they are vastly overworked and it is causing the effects to look worse in the process. Marvel seems to use effects even when they don't need to. You don't have to use it for everything in the film. It should mostly be used for the backgrounds and the times where it's absolutely necessary. They probably wouldn't have a character hold a real coke.

For example on the latter Avengers movies, most of their surroundings and a lot of the characters weren't real. Spiderman didn't even wear a real outfit for most of the movie. For some reason even that was created in post.

Then you have turds like Taika Waititi openly mocking the poor effects crew. Even though he made a mockery of his most recent outing.
 

Phicinfan

Well-Known Member
I feel bad for the computer effects crews. I think they are vastly overworked and it is causing the effects to look worse in the process. Marvel seems to use effects even when they don't need to. You don't have to use it for everything in the film. It should mostly be used for the backgrounds and the times where it's absolutely necessary. They probably wouldn't have a character hold a real coke.

For example on the latter Avengers movies, most of their surroundings and a lot of the characters weren't real. Spiderman didn't even wear a real outfit for most of the movie. For some reason even that was created in post.

Then you have turds like Taika Waititi openly mocking the poor effects crew. Even though he made a mockery of his most recent outing.
There are some youtube reports out now that MCU will cut back on releases per year again, to be able to spend more quality time and less burden on resources. No formal announcement has been made, but to your point, that would allow them to better clean up effects and spend more time doing quality filming
 

Disney Irish

Premium Member
So as everyone is distracted with Strange World lackluster box office, Wakanda Forever is still raking it in.

As of the end of this weekend it looks to have pulled in $675.5M globally. With several more weeks before Avatar it has a good shot of breaking $1B globally. We'll see what it does, but even if it comes close like Strange 2 it'll still be a winner at the box office.
 

Prince-1

Well-Known Member
So as everyone is distracted with Strange World lackluster box office, Wakanda Forever is still raking it in.

As of the end of this weekend it looks to have pulled in $675.5M globally. With several more weeks before Avatar it has a good shot of breaking $1B globally. We'll see what it does, but even if it comes close like Strange 2 it'll still be a winner at the box office.

It didn’t take a genius to see that BP2 was going to be a huge blockbuster. Only the trolls thought otherwise.
 

Jedijax719

Well-Known Member
It's not making a billion WW. It might make $900 million, but probably not that much. 53-55% will be domestic and it will probably end its domestic run at around $460 million.
 

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