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The Matrix Resurrections estimated to lose Warner Bros $100M

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Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#11

Post by fishtoaster »

romwell wrote: post #2

Uh huh. Sure. There's a reason they call it Hollywood Accounting[1]. Not that Warner Brothers is new to this game either: >A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion. [1] https://en.wikipedia.org/wiki/Hollywood_accounting

Any reason to believe that this is an instance of Hollywood Accounting? At a glance, wikipedia says the film cost $190m, which seems reasonable for a film like this, and only received $124.5m in box office sales. Conversely, wikipedia lists Harry Potter OotP as a "150–200 million" budget on $942m in box office sales.

It's certainly possible this is a case of Hollywood Accounting, but is there any particular reason we think it is, vs just a film losing a lot of money normally?

Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#12

Post by cwkoss »

superfamicom wrote: post #5

I saw it, and enjoyed it for what it was. I will say that it very much felt like a few "Matrix" projects mashed-up together. I especially feel like the new characters could have stood on their own as a miniseries much better.

Yeah, I've seen a lot of online whining about it, but as someone who enjoyed the Matrix throughly in my teens, I thought it was a great film.

Definitely wish the ambiguity of the first act was stretched a bit further though, that was my favorite part.

Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#15

Post by jeffwilcox »

fishtoaster wrote: post #11
romwell wrote: post #2

Uh huh. Sure. There's a reason they call it Hollywood Accounting[1]. Not that Warner Brothers is new to this game either: >A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion. [1] https://en.wikipedia.org/wiki/Hollywood_accounting

Any reason to believe that this is an instance of Hollywood Accounting? At a glance, wikipedia says the film cost $190m, which seems reasonable for a film like this, and only received $124.5m in box office sales. Conversely, wikipedia lists Harry Potter OotP as a "150–200 million" budget on $942m in box office sales. It's certainly possible this is a case of Hollywood Accounting, but is there any particular reason we…

The long tail of box office receipts, especially internationally, is always interesting, as are licensing deals. Maybe they find a way to protect those with other subsidiaries.

Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#16

Post by bpodgursky »

lliamander wrote: post #8
babyshake wrote: post #3

Space Jam: A New Legacy, The Suicide Squad, Tenet, the Matrix. Not a great run for WB.

Did Tenet lose money? That was a great movie.

Nolan took one for the team as a "first big post-lockdown blockbuster" opener and it didn't work amazingly. Lot of theaters were still closed, lot of people stayed home.

Did OK given the circumstances but it wasn't a big financial win.

Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#18

Post by blhack »

fishtoaster wrote: post #11
romwell wrote: post #2

Uh huh. Sure. There's a reason they call it Hollywood Accounting[1]. Not that Warner Brothers is new to this game either: >A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion. [1] https://en.wikipedia.org/wiki/Hollywood_accounting

Any reason to believe that this is an instance of Hollywood Accounting? At a glance, wikipedia says the film cost $190m, which seems reasonable for a film like this, and only received $124.5m in box office sales. Conversely, wikipedia lists Harry Potter OotP as a "150–200 million" budget on $942m in box office sales. It's certainly possible this is a case of Hollywood Accounting, but is there any particular reason we…

How much did HBO pay for the streaming rights?

I would have bought 3 tickets to this, but watched it on HBO instead.

Re: The Matrix Resurrections estimated to lose Warner Bros $100M

#20

Post by Latty »

fishtoaster wrote: post #11
romwell wrote: post #2

Uh huh. Sure. There's a reason they call it Hollywood Accounting[1]. Not that Warner Brothers is new to this game either: >A Warner Bros. receipt was leaked online, showing that the hugely successful movie Harry Potter and the Order of the Phoenix ended up with a $167 million loss on paper after grossing nearly $1 billion. [1] https://en.wikipedia.org/wiki/Hollywood_accounting

Any reason to believe that this is an instance of Hollywood Accounting? At a glance, wikipedia says the film cost $190m, which seems reasonable for a film like this, and only received $124.5m in box office sales. Conversely, wikipedia lists Harry Potter OotP as a "150–200 million" budget on $942m in box office sales. It's certainly possible this is a case of Hollywood Accounting, but is there any particular reason we…

Quoting box office sales while ignoring the fact this was released simultaneously for streaming really doesn't tell the full story.
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