Admiral Valdemar wrote:Matters not. A sequel has been greenlit.
It has? I thought they just wrote a sequel script for the movie, not that production for it was already greenlit.
jollyreaper wrote:Accounting gives me headaches. I never quite understood how you could lose boatloads of money on a project but net out ahead as a tax write off. I think it's because I'm thinking conventionally, like how can the CEO of a non-profit get paid $500k? Non-profit doesn't mean low pay. Clerics take a vow of poverty so how are they now so rich? Oh, right. I'm being conventional.
They set the movie up as a separate corporation, then charge "fees" on the revenue that flows into it. So for example, after the Marketing Costs are paid out of the studio's share of the box office revenue, the studio will charge a 30% "distribution fee" on the movie's revenue. Other fees will follow after that, until the movie itself shows a net loss on paper. But everyone involved got paid, including the studio - and they make money as long as their "fees" are more than the amount of money they actually invested into the project.
jollyreaper wrote:I heard that John Carter was used in a power play against the Disney head. It wasn't as big a loss as portrayed but it was played up along with other decisions to use to muscle him out. Any truth to that? I don't know.
That seems too planned out, and doesn't jibe with the accounts I've read. It seems more like they were absolutely happy to have Andrew Stanton making a movie for them (he was a big success over in Pixar), and didn't give him enough
oversight..
jollyreaper wrote:You'd think that this film would be a merchandizing bonanza, not just to kids but adult collectors. Not so much at that?
It may have eventually made its money back that way, in addition to DVD/Blu-Ray/Licensing rights.