I pictured you typing your response in front of a mirror doing your best impression of Stuart Smalley. . .
Are you mocking my blue cardigan?
I pictured you typing your response in front of a mirror doing your best impression of Stuart Smalley. . .
Hell I'll trade you Larry for Karl Pilkington!
Are you mocking my blue cardigan?
A brief update. Through this past weekend Cars 2 had World Wide Box Office receipts of $350,909,552.
Without getting into the debate again, the industry generally assumes that if you double your production costs you are in the black. The production costs of Cars 2 are reported to be 200 million. So they have to do 400 million world-wide to break even. That's probably just about where they will end up.
The 2:1 rule of thumb is a general guideline that take into account all of the nonsensical "percentage of gross receipts" that has been debated in this thread. If you search on the internet for related articles on the subject, they will all talk about the fact that there is no real way to publish a rule for when a film makes a profit. The production and distribution deals vary widely for every project. In general, the 2:1 rule of thumb is as accurate as anything else out there.
In the end, Cars 2 probably wont make any significant income for Disney in theaters, but it won't bust the bank either. Including DVD, Blue Ray, and merchandise it will be extremely profitable as a total project. So is that a success?
Well would they have made the merch sales without the movie? Yeah. Could they have spent less and sold about the same amount of media, yeah. Could they have gotten away with another matter tales and or short series on xd or disney channel, yeah.
And maybe they could have avoided the damage to the Pixar brand. It used to be a sure thing, that if you went to see a Pixar movie you were getting a top class experience. You could count on the movie being well made, smart, not directed solely at children. Now, there is a question mark. And that's a shame.
Pixar was purchased to make money. Prestige was a bonus. Miramax was a prestige brand and lost a fortune, although they did bring a few hits to the studio along with awards.
Look, Cars 2 was a creative failure, but Pixar has had 10 amazing and improving creative successes before it. A film combines many elements and any one of them may go floooey at any time. One of their original story artists passed away recently, and maybe they are struggling with that aspect of production for the first time? Maybe John L was distracted with other things and since he was THE creative force behind this one maybe he didn't have enough time. Maybe maybe maybe. It happens. Pixar isn't self destructing and Pixar has enough credibility in my bank to crank out a couple of more "meh" films before I worry.
At least their first creative bomb was not a box office bomb. It is kind of box office neutral, with some big money in merchandise to prop it up. It happens. Steven Spielberg, who I consider one of the greatest directors in history, has made some pretty bad movies.
Ouch, also take notice on how all Cars merchandise on Disneystore.com is reduced $5.
Ouch, also take notice on how all Cars merchandise on Disneystore.com is reduced $5.
Told you I would be back.
As of yesterday per BOM.......
Domestic:
$182,480,343
+ Foreign:
$217,600,000
= Worldwide:
$400,080,343
So, I think we can generally agree that after doubling production costs and with plenty of life left over the remainder of the summer it was misguided to suggest this movie would ever be a flop. In fact it is safe to say that from now until the end of time any sales this movie generates whether DVD rentals or toy sales etc etc goes right into the profit category,
Jim Hill and others tried this same spin when Ratatouille opened but their insuation that Disney buying Pixar was a disaster in the making was as misguided as this thread. I am suprised you walked into the same trap. :lol:
As for steam left for the summer, the domestic haul will not bring in much more. Not many more countries are left for opening weekends.
$333 million would be the break even point, without knowing what the P&A budgets were. But with the larger budget, Cars 2 would need to make $594 million to have the same profit as Cars. There isn't going be anyway that Cars 2 will earn another $261 million.
Yes, because just like life itself, there are rules you must abide by and consequences if you do not.
Yes, because just like life itself, there are rules you must abide by and consequences if you do not.
Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.