What does that mean for high-end photos – Deadline

While the tent poles revived the cinema last summer with images such as Top Gun: Maverick, It’s true that more adult fare is having a much harder time now. This has never been more true than with David O. contact‘s AmsterdamAnd the Who competitors believe had a shot at unlocking between $12 million and $15 million last weekend based on the illustrious absurdist-comedy group made up of Christian Bale, Margot Robbie, John David Washington, Rami Malek, Robert De Niro and Anya Taylor Joy, Taylor Swift and Michael Shannon (the list doesn’t stop).

But that didn’t happen: With $6.5 million opening in 3,005 theaters, buoyed by Imax and PLF ticket sales that made up more than a third of that number, it made a paltry start worldwide of $10 million. Russell was trying to replicate the success of his 10-time Oscar-nominated star American blackmailwhich minted a large domestic opening of $19.1 million during Christmas 2013, grossing $150 million+ and $251.1 million worldwide from a production cost of $40 million. Amsterdamfully funded by New Regency According to its agreement with Disney/ Twentieth Century Studios, it was priced twice as much at $80 million, the most nail-biting hole in its coffin. What was supposed to be an awards season in its originality was quickly sanded by critics with a 34% rating on Rotten Tomatoes. Lots of critics to celebrate what’s original on the big screen.

Related: ‘Amsterdam’ review: Christian Bale and All Star shed light on David O’Russell’s timely blend of fact and fiction

Yes, even by pre-pandemic standards, this 1930s comedy was pricey, so how did that happen? Based on a projected global total of $35 million, an estimated $70 million in global dividend and acquisition spending – which I’m told is the bottom line for such a large approval – powered by Regency, Amsterdam After all, home helpers will lose about $100 million ($97 million to be exact).

French Dispatch

Wes Anderson’s The French Dispatch ended its run with $16 million domestically, which is where Amsterdam will end up.

Scout Pictures

While there is a green character with whom every movie can be made, how is it done Cost Amsterdam become too high? Sure, we want to keep watching original movies like this on the big screen, and not give up right away when streaming. Sure, a streamer could take a project like this off the table, but then the movie wouldn’t get the big global launch. box office wise AmsterdamThe start isn’t far from where a Wes Anderson-directed movie will be over a wide weekend. Although the platform version, this director The Grand Budapest Hotel Its fourth weekend in 977 theaters in March 2014 grossed $8.5 million. In the second weekend on 788 theaters, French Dispatch He did $2.6 million. That’s three times that theatrical number but a total in the $7 million range. In terms of numbers for a star-studded offbeat comedy, Amsterdam He was doing what he was supposed to do. It was even more expensive than Anderson’s biggest bomb Aquatic Life with Steve Zissou, It was made for $50 million and grossed less than $35 million worldwide.

From left: Chris Rock and David O. Russell and Christian Bale on the set of “Amsterdam”

Disney

But, again, the high cost of production – why?

I was told AmsterdamIts hefty price tag faded with the change in location, from Boston to filming in Los Angeles, and put the brakes on production when the pandemic hit in March 2020. This is the time. Amsterdam Filming was expected to take place, and the start date was pushed to January 2021. None of the actors wanted to travel to Boston due to Covid, so Los Angeles was more popular. The timeline nature of the film and the change from Boston to Los Angeles pushed production cost from $50 million to $80 million. That’s with a $2.5 million California tax credit.

This kind of situation, with production costs soaring by tens of millions, wasn’t abnormal during this phase of the pandemic. Once Amsterdam It was up and running, there were no lockdowns for Covid and no one tested positive despite cases rising by 19,000 per day, and sailing was smooth over the 49-day shooting period.

Related: How Christian Bale and David O. Russell cooked up a historic star-studded restaurant ‘Amsterdam’ in five years of dinners

Northman

The Regency Co-financed Robert Eggers’ perilous Vikings epic “Northman”

Focus Features

Despite all the star power involved, I was told that wasn’t the reason Amsterdam It was expensive. The actors appeared because they wanted to work with Russell, and some even worked on a large scale. Bill wanted to make this movie and drew the script with it Russell over five years of dinners. I heard Bill was paid less than his normal $5 million rate. The Academy Award-winning Malik has a six-figure wage. Nobody was making any kind of crazy demands, and the above-linear costs were about 20% of the entire budget. In the end, no one gets any rewards from a joint cash-tie pool as the pic is in red.

Still, it’s good for Regency to stick with everything Amsterdam. The production funding studio has a history of financing risky author projects, from 1997’s Film Noir LA secret The Brave Leonardo DiCaprio on the Western Frontier return – Both were nominated for the Academy Award for Best Picture To the Robert Eggers Viking saga that grossed $70 million Northman, who heard that the Arnon Milchan-owned company wouldn’t lose its shirt after financing 50% of the Focus Features issue. On the other side of the spectrum, Regency has the frugal horror movie barbaric at $4 million, which grossed over $38 million worldwide.

(LR) Margot Robbie (on-screen), Christian Bale, Rami Malek, and David O. Russell and Pete Hammond from Deadline at an IMAX event in September

While Disney was charging number one in the millions to handle the film, Amsterdam It was not an error in the distribution. Due to vacancies in the calendar, the company moved the film for viewing from the first weekend of November, by Black Panther: Wakanda Foreverto the weekend in early October where Amsterdam It Can Breathe – Plus, the pic had access to Imax screens for all of Russell’s movie fans. EntTelligence showed that among the top three films this weekend, Amsterdam, Due to its extra high price, it had the highest average ticket price next to Lyle, Lyle, Crocodile And the smiling Priced at $12.62. There was an Imax preview day and Stars appeared to promotebut it was decided that the film wouldn’t go to the Toronto Film Festival, which is a good thing because the bad word would have been out of the bag sooner and might hurt ticket sales even more.

Disney couldn’t stand the stage Amsterdam Like Anderson’s movie, due to poor reviews and audience diagnoses (3 stars and 72% on PostTrak from Comscore/Screen Engine). According to iSpot, Disney spent $15.2 million more than its competitors on US TV sites versus Sony for less than $9 million. Lyle, Lyle, Crocodile; Warners Close to $10 Million So Far in Dwayne Johnson’s October 21 Issue black Adam; And Universal’s $7.1 million so far The end of Halloweenwhich will open on Friday. Disney wasn’t cheap, and at the end of the day, the Regency Company was responsible for marketing costs.

On social media, RelishMix noticed it AmsterdamThe social world size of nearly 64 million across Twitter, Facebook, Instagram and TikTok was even lower for drama/comedy. “The chatter was contrasted with the skepticism as it was clear that fans were delighted with this call sheet, as well as David O. Russell and his film record as well,” said Relischmix. Convo wondered how singer Taylor Swift would stand on the big screen, thumbs-up to Margot Robbie’s dark hair, excitement for Robert De Niro, the return of Michael Shannon, #WOW for John David Washington, joy for Anya Taylor-Joy, glass-eye Batman Christian Bale turned… the skeptics felt this could be too good to be true and were overlooking the reviews and other news.”

Breaking down the numbers here, industry sources tell us the final $35 million worldwide is taking Amsterdam That would result in $15 million in global theatrical rentals, net additional home equity via home entertainment, Hulu/HBO Max streaming playback, free-to-air television and $52 million global television. That is if the movie passes through Disney’s international television production deals. if Amsterdam No, the loss could be greater than $100 million, with foreign TV deals reaching the teen’s number. The film grossed $67 million against $164 million in total theater and home entertainment costs Amsterdam to a loss of 97 million dollars.

do not worry my love

Warner Bros.

So does the tank Amsterdam I mean, this high-end adult fare is doomed to fail on the big screen? That question will remain about what works in theatrical versus broadcast, as long as the adults are slow to return to the box office. New Line Made Olivia Wilde’s Highly Perilous Movie do not worry my love Harry Styles, Florence Pugh, and Chris Pine star in $35 million, which is just under $70 million worldwide. Other distributors, including Focus Features, are not giving up on the lavish director-driven fare: they’ve given tar – Todd Field returns to the cinema after 16 years of rest – Platform release (the pic posted a four-city theater-strong average of $40K last weekend), Anderson’s classic Uni brand takes over Asteroid City. It will continue to make perilous fare for the cinema, hell or high water level.

Here’s another way to look at Amsterdam: The critically picked version of Highbrow designed to flow from the conversation and highlight the menu will disappear faster.

But at the end of the day, thanks to the launch on the big screen, we will always have Amsterdam.

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