Brad Pitt Margot Robbie Movie Won’t Breakeven – Deadline

Damien Chazelle’s An $80 Million 1920s Hollywood Epic Babylon The domestic box office was hot last weekend, but the box office was dismal $5.3 million Four days to start.

Babylon, Brad Pitt, 2022. © Paramount Pictures/Courtesy Everett Collection

Say what you will about the harsh winter conditions affecting film screenings across the country, however, the film was approved by the ex-Paramount regime and heavily supported by the new Bryan Robbins government once it was released in the cynical It was previewed in the media, and it was a failure. It was released in the Academy Theater more than a month ago, with a score of 56% on Rotten Tomatoes, and the evaluation was mediocre. Further burying the film’s fortunes were audience exits, including the abysmal C+ CinemaScore and PostTrak 74% and 47% Positive Recommends respectively, not to mention its 3 hours 8 minutes running time. Babylon is the lowest-grossing U.S. release for star Margot Robbie at $3.6 million, more than amsterdamwith Brad Pitt in the leading role, down from $4 million in 1993’s opening true romance.

Babylon, from left: Kaia Gerber, Li Junli, 2022. ph: Scott Garfield/Paramount Pictures/Courtesy Everett Collection

With results like this, no one would choose Babylon as an option for a vacation, even without adult competition. According to financial sources, it’s too early to tell how much blood will be spilled here, as the Robbie-Pitt movie doesn’t start opening overseas until mid-January.In other words, the profit point of this movie is around $250 million world war, and global marketing spend is about $80 million, the same as its production cost. I’m told that Paramount, like any studio, will scale back its marketing costs after the film flops stateside. The film has been nominated for five Golden Globes, including Best Musical or Comedy.

It’s important to note that in the new Covid era, no matter how much a film makes at the box office, it will not affect its chances of winning an Oscar. There are several examples of this, a major one being Searchlight’s 2021 best picture winner Nomadland, which grossed single digits at the box office for which Disney’s art label never reported official ticket sales Condition.

Also Read :  Tate veterans launch free—and paid—curating course, aimed at those from less-affluent backgrounds

domestic for Babylon It was lucky to reach $20 million, which put a lot of pressure on overseas deliveries, which meant another $230 million was an impossible task.That said, Paramount thinks the film’s runtime will appeal more to overseas audiences, and the addition of UK and French reviews will give Babylon Some kind of pulse abroad. “They love these types of movies,” said one insider.Shazel’s the first person 57% of its $105 million WW gross came from overseas.Japan, South Korea, the UK and France are key territories for the film and Chazelle’s multiple Academy Award winners la la land. Guillermo del Toro’s $60 million period piece last year nightmare alley It earned $11.3 million domestically and $39.6 million worldwide.

before someone wrote an obituary for an original film’s box office BabylonAs a result, it is important to distinguish All other people’s movies. A photo with an inside Hollywood period story is already a gamble, let alone its tough “R” story, which includes an elephant defecating on a human and a Fatty Arbuckle type being defecated in the first 30 minutes before the title a whore. Robbie’s Clara Bow-like character vomits at a dreary Hollywood party late in the film. Who else is the audience besides the critics and award voters? Historically, movies about the inner workings of Hollywood have always underperformed at the box office.Not to mention, a price point for the period, like a WWI-era set amsterdam, making the project a mission impossible for rival studios to turn a profit. So, they passed.

Chaplin, Marisa Tomei, Robert Downey Jr., 1992, (c) Samsung/Everett Collection

Examples of Inside Hollywood movies that didn’t translate to mass audiences: 3x Oscar nominations chaplin Starring Robert Downey Jr. in 1992, it only made $9.5 million stateside (although it did get Hollywood saturday night live alum earnestly as an actor) and 2x Cannes award player It also grossed just $21.7 million that year.

paramount thinks they have wolf of wall street with once upon a time in hollywood exist Babylon. They didn’t: Both films starred Leonardo DiCaprio. wolf of wall street Production ($406.8 million WW), appealing to high-end audiences with its exciting theme about the rise and fall of stockbroker Jordan Belfort, while once upon a time in hollywood ($377.6 million WW) features the moving story of Quentin Tarantino. babyesLong, Following the turmoil that ensued during Hollywood’s transition from silent to sound films, Chazelle sees it as an allegory for what the industry is going through today amid the conflict between the big screen and streaming.if filmmakers had to Babylon Do it again – he will go to the cinema. The question is whether he can make it for less, which could be the fate of some adult-slanting original films.

Also Read :  2023 NFL playoff schedule, bracket: Dates, times, TV, streaming for every round of NFC and AFC postseason

Chazelle and the film’s producers Olivia Hamilton and Matthew Plouffe filmed Babylon To Paramount, Wick Godfrey was the president of the film group at the time. Godfrey is a producer on Chazelle’s the first person. Godfrey’s job at the time was to source and produce awards season films such as Babylon for the melrose lot, no Transformers Movie. Chazelle has been developing the project for some time; Plouffe first learned of it as a former Focus Features executive when the two met at the Sundance Film Festival some 13 years ago.

“He responded to that and became that champion,” Chazelle told CNN Godfrey on Babylon On Deadline’s Crew Call. “He worked so hard to get the movie into the studio. Without him, I don’t believe this would have been a Paramount movie.”

Ex-Paramount production boss Emma Watts takes over after Godfrey leaves Babylon And intends to get it into shape before she leaves in September 2021.

Courtesy, United Artists

Babylon Production was originally scheduled to begin in March 2020, but the pandemic hit and filming didn’t begin in Santa Clarita until July 2021.The area remains a hotbed of Hollywood filming, dating back to the silent days when Chaplin filmed modern The mansion of the late Western star William S. Hart in the High Plains area, 25 miles north of Los Angeles, was the home of Jack Conrad, Pitt’s movie star character in the film.

Plouffe told us on Crew Call, “It was important to us to make this movie the way movies were made in the ’20s, where they made the movie and not fake it.”

Despite California tax credits and local filming, filming in California comes at a price given the high union labor rate.Not to mention, filming started and stopped during Covid, which also affected worst case production costs amsterdam. Emma Stone was originally cast as the leading lady, but withdrew due to scheduling conflicts in December 2020. As Deadline first reported, that’s when it was announced that Robbie was joining.

Paramount Pictures President and CEO Brian Robbins, Paramount Pictures Group Co-President Dahlia Szekek, Paramount Pictures Group Co-President Michael Ireland, Olivia Oscar Wilde, Carolina Simchuck, Damien Chazelle, Eric Roberts, Olivia Hamilton, PJ Byrne, Margot Robbie, Freya, Toby Ma Quayle, Junli Lee, Rory Scoville, Brad Pitt, Jovan Adebo, Max Minghella, Lucas Haas, Diego Calva and Jean Smart in attendance World Premiere of Paramount Pictures’ “Babylon” at the Academy Museum on December 15, 2022 in Los Angeles, CA. (Photo by Jesse Grant/Getty Images)

Usually films from previous studio regimes would be orphaned with a new overlord, but that didn’t happen Babylon. Godfrey left in June 2020, when Watts first arrived. She left shortly after Jim Gianopulos was fired in September 2021, when he was replaced by Robbins.he just supports Babylon and Chazelle, presenting the Oscars la la land Directed a first-hand production deal for his Wild Chickens brand at Paramount.

Also Read :  Eiza Gonzalez takes the plunge in a skintight LBD while attending Art Basel in Miami

Babylon Will hit Paramount+ ahead of its Epix pay-TV window. Exhibitor sources tell me it’s in a 45-day theatrical window. The studio fired its venture from Toronto-based co-investor C2 Motion Picture Group, which is led by Jason Cloth, who, as far as I know, has a sizable stake in the film. Based on an international gross of $230 million and an estimated domestic gross of $20 million, this would result in $114 million in theater rentals, $10 million in domestic home entertainment and streaming, and $28 million in international entertainment , $2 million in domestic free TV revenue, $4 million in revenue pay TV and $40 million in international pay. That’s $198 million in revenue and $188 million in costs, including participation, residuals and interest on a $10 million profit (but that’s unlikely to happen). Please note: No producer nor Dwayne Johnson is providing us with these numbers (stars and producers don’t have access to studio P&Ls, duh). These estimates come from film financing sources and are on par with all the profit and loss calculations and research we’ve done over the years.

An insider connected to the production defends that BabylonProduction costs: “We moved so fast to get what we needed to get. We didn’t have the luxury of spending an extra dollar. Paramount’s incredible belief made this movie and Damien’s vision come true.”

“The movie becomes a spiritual mission, very different from a green-screen Marvel movie,” our source adds, “We don’t have a lot of money, and we don’t have a lot of money to come.”

As far as Paramount is concerned, the outlook for awards season Babylon, It’s nowhere near fading to black.



Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button