Looks like Armond White goes by the name "Scott Nash" these days.What idiot critic is still upvoting this movie after all that's occurred? Sometimes I think people are just going against the grain (and common sense) to be attention ****es for real.
Holding firm at 9%. How much money is this dumpster fire going to cost Fox?
Nova Flame on this movie!
Holding firm at 9%. How much money is this dumpster fire going to cost Fox?
Nova Flame on this movie!
Trades are saying 60 million. Which is a lot.
Which is what I think Marvel should offer FOX to buy this property off them.
Hell, throw in the 122 million budget while they're at it.
FOX recoops costs, and they no longer lease a property they want nothing to do with.
I think that $60 million number is light.
BoxOffice.com lists total cost at approximately $175 million, but I'm thinking worldwide box-office is going to be $120-$150 which should get Fox about $60 - $75 million which leaves Fox out $100 - $115 million before Marvel takes their cut. If Marvel gets 10% of the gross, they're taking $6 - $7.5 million which makes Fox's loss $116 - 122.5 million.
Yep. It's even worse than that though because FFINO will make the majority of that WW total through OS markets, and the studio collects significantly less than 50% of the box office overseas.I think that $60 million number is light.
BoxOffice.com lists total cost at approximately $175 million, but I'm thinking worldwide box-office is going to be $120-$150 which should get Fox about $60 - $75 million which leaves Fox out $100 - $115 million before Marvel takes their cut. If Marvel gets 10% of the gross, they're taking $6 - $7.5 million which makes Fox's loss $116 - 122.5 million.
Trades are saying 60 million. Which is a lot.
Which is what I think Marvel should offer FOX to buy this property off them.
Hell, throw in the 122 million budget while they're at it.
FOX recoops costs, and they no longer lease a property they want nothing to do with.
Me too, but it's a certified stinker regardless.Shame its still holding at 9%. I was hoping it would sink lower.
Assuming it makes 55M dom and 150M os, that's about 85 millions for Fox (30M dom which is roughly 55%, 55M os which amounts to 35%, in line with the later reports on the studios os cut from Deadline).
Now on the expense column, there is the reported production budget of 122M (that probably doesn't include the cost of the reshoots but how much they spent on that is really anyone's guess at this point), the domestic P&A costs of 53 millions according to bo.com, the foreign P&A costs (that are usually a bit higher than domestic costs but just for the sake of the argument let's say they spent another 53M os) and finally Marvel's cut which in this case should be around 20M.
That's a loss of 163M for Fox. Now I'm pretty sure there are ways to offset some of the costs especially in advertising with product placement and cross marketing stuff but also with tax breaks (they shot some of the film in Lousiana for that reason) so they likely won't be loosing that much money. However in the advertising departement even if 20th Century Fox is part of a larger media group, subsidiaries don't work for free so that 60M number seems like a best case scenario with fewer grasps in reality as time passes.
Assuming it makes 55M dom and 150M os, that's about 85 millions for Fox (30M dom which is roughly 55%, 55M os which amounts to 35%, in line with the later reports on the studios os cut from Deadline).
Now on the expense column, there is the reported production budget of 122M (that probably doesn't include the cost of the reshoots but how much they spent on that is really anyone's guess at this point), the domestic P&A costs of 53 millions according to bo.com, the foreign P&A costs (that are usually a bit higher than domestic costs but just for the sake of the argument let's say they spent another 53M os) and finally Marvel's cut which in this case should be around 20M.
That's a loss of 163M for Fox. Now I'm pretty sure there are ways to offset some of the costs especially in advertising with product placement and cross marketing stuff but also with tax breaks (they shot some of the film in Lousiana for that reason) so they likely won't be loosing that much money. However in the advertising departement even if 20th Century Fox is part of a larger media group, subsidiaries don't work for free so that 60M number seems like a best case scenario with fewer grasps in reality as time passes.
The fact that this number is so far beyond the official estimate should tell you something is wrong with your numbers. Your estimating *waaaay* too high an added cost from marketing, especially when your already assuming a big drop in revenue from overseas ( which in large part is *because* local distributers and subsidiaries handling marketing costs locally ).
Here's the problem. It's not the money they gained or lost. Companies release "guidance" which tells investors how they project the companies revenues in the upcoming year. Back in December they already projected a 200M decline in year over year revenues, so their stock took a hit. The problem now is that they will even fail to meet their lowered guidance for the year, so investors will be shorting the stock.
Take a look at what's happened to their stock since August:
http://finance.yahoo.com/echarts?s=FOX+Interactive#{"range":"1mo","allowChartStacking":true}
There's been somewhat of a small recovery when the stock hit a 52 week low on August 6th. That's mainly from investors looking for bargain stocks that they think will recover.
Fox is in deep trouble right now, and as I maintained, someone is going to lose their job over this. It's probably going to be behind closed doors, so you'll probably see it as someone "resigning" or moving to another company.
Wait... are you talking about the tomatometer??Around 30-40% they'd be super lucky to get up to %60
Wait... are you talking about the tomatometer??