It is no secret to anyone that the film summer has been brutal for various studios. Even with successes like Barbie, Oppenheimer either Spider-Man: Across the Spider-Verse, the number of failures in recent months has been outrageous. The disappointing box office mission impossible 7 and the resounding failure of Indiana Jones 5 They took the industry by surprise, which expected a more successful collection for both. Now that the summer is about to come to an end, a new article highlights the million-dollar losses that these productions will face.
In accordance with Variety, it is the high budget of both tapes that caused their tragedy. the dial of fatethe most recent adventure of Indiana Jones, It had a budget of $300 million dollars (MDD). This figure is due to the COVID protocols used during filming and the visual effects used to dejuvenate Harrison Ford in the first act. For his part, Deadly Judgment – Part Onethe new delivery of Mission Impossible, posted a budget of $291 million dollars.
This latest film faced not only COVID protocols, but also filming in various cities around the world that was stopped on more than one occasion due to health contingencies. During those periods when there was no filming, Tom Cruise insisted that the production team receive their full salary. All of this increased the costs of the tape.
In the end, the worldwide box office was not enough. Indiana Jones 5 had a collection of just $375 million dollars, while mission impossible 7 accumulates just over $525 million dollars to date. Both were far from what was collected by their predecessors, which cost much less.
According to sources close to Disney (Indiana Jones) and Paramount (Mission Impossible), each film could lose at least $100 million dollars during its run in theaters alone. It is worth mentioning that the calculations do not include the costs and benefits of digital purchases and rentals, physical formats, cable transmission or streaming. Studios don’t typically delve into that data once their feature films leave theaters.
However, the losses could be even greater. Indiana Jones 5 It will arrive in the coming months on Disney Plus for free. And if a large number of viewers did not pay to see it in the cinema, why would they do it in digital format if in a few weeks they will have it for free? In case of mission impossible 7 is also interesting, all thanks to Tom Cruise. The actor is one of the few who can still negotiate a percentage of box office receipts even if the movie flops. Paramount will have to pay him several million more despite the losses that the tape represented.
Although the future of Indiana Jones is in limbo Mission Impossible he still has an eighth film planned. Deadly Judgment – Part Two it began filming in March 2022 and did not finish its work before the actors’ strike. For these reasons, a budget similar to that of its predecessor would not be surprising. But if part one didn’t appeal to the audience, why would it be any different next time?
If you were one of those who saw both movies, which one was less deserving of failure?
Juan Jose Cruz I am one of those who always defended Robert Pattinson as Batman and can see the same movie in the theater up to 7 times. My guilty pleasure? Low budget horror movie.