I think it did poorly because the movie was just plain bad, and the omicron variant is reaching a peek just as movies theaters were getting people to come back.
The Matrix Resurrections estimated to lose Warner Bros $100M
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Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#172Uh 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
https://www.slashfilm.com/503174/lucasfilm-tells-darth-vader...
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#173I'll just throw out but I felt I was actually watching 3 different movies stacked one on top of another the first was some sort of meta-comedy about bad sequels and reboots then it went into some sort of shaky cam action film then it turned into some sort of zombie film. Having watched it I still don't think I could really explain it to someone else.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#174Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#175Earlier quoted context omitted.
I enjoyed Resurrections. It was the kind of lighter Matrix I was craving. IMHO No Way Home was boring and tried to do too much. I didn't enjoy the Maguire or Garfield Spiderman movies, so them being in it and old villains reappearing didn't do much for me. Willam DaFoe is always a welcome addition to any movie, however. There were some bright spots that I hope they build upon, and I'm looking forward to more in the D…
No Way Home seemed like it was doing the "let's reexamine the legacy of a long-established superhero IP" thing that Into the Spider-Verse already did three years ago .
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#176Earlier quoted context omitted.
Did Tenet lose money? That was a great movie.
Lots! It made $363 million off a $200 million budget [1]. That's probably lower than the studio expected for such a big movie, but still a solid profit and especially good in today's post(?)-covid box office. [1] - https://en.m.wikipedia.org/wiki/Tenet_(film)
Also the $200 million production budget does not include promotion/advertising.
So it's very unlikely that Tenet made a profit at the box office, however there's streaming deals, physical media etc which can earn a pretty penny, particularly if something becomes a cult classic. Blade Runner and Starship Troopers were box office failures having has made lots of money afterwards.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#177The Matrix is a 'trans metaphor', Lilly Wachowski says. "That was the original intention but the world wasn't quite ready," says Lilly Wachowski, who came out as trans along with her sister Lana after the films came out. https://www.bbc.com/news/newsbeat-53692435 That killed my interest in it because I didn't want to see a message movie. I liked the earlier movies because of the Science Fiction and people like Elon M…
That quote is talking about the first movie. The original one. Neo’s story is a cleverly hidden but also extremely thin metaphor about a trans woman finding herself. That scene with the red and blue pills is literally Neo choosing estrogen over antidepressants. “Mr. Anderson” with that iconic over the top emphasis on the mister is Neo getting deadnamed. Neo has this feeling that the world is wrong (gender dysphoria)…
There are movies built around a social issue like Philedelphia or Leaving Las Vegas, but I think the filmmaker needs to use gritty realism. Trying to steer The Matrix Science Fiction movies in that direction about trans I thought would probably be a disaster.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#178HBO Max subscribers were up 4.4 million in Q4 2021, probably a good chunk of that due to Matrix 4.
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#179The Matrix is a 'trans metaphor', Lilly Wachowski says. "That was the original intention but the world wasn't quite ready," says Lilly Wachowski, who came out as trans along with her sister Lana after the films came out. https://www.bbc.com/news/newsbeat-53692435 That killed my interest in it because I didn't want to see a message movie. I liked the earlier movies because of the Science Fiction and people like Elon M…
That's one of the reasons the original was so smart; it worked on multiple levels, letting you have your cake (escapism/fantasy/action movie) and eat it too (the message that makes you think long after seeing it).
Re: The Matrix Resurrections estimated to lose Warner Bros $100M
#180Uh 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
You don't need Hollywood accounting when the expenses exceed the revenue, you can still pocket the revenue for yourself though. You can just stagger things across tax years. Everyone should do themselves a favor and pay for a CPA firm (not just your friend that happens to be a CPA), learn some things just treat it as expensive education. Its very different doing exploratory stuff with a CPA, compared to needing a CPA…
CPAs are good at math and accounting and generally quite bad at reading and applying the law. Use a CPA for your tax filings, and use a tax lawyer for anything that involves complexity. Tax law is administrative law, so a lot of things that would apply to criminal law doesn't apply (for example, tax strategies can retroactively be deemed illegal, taxpayers can be penalized for violating the spirit of the rules despite adhering to the text of the rules, etc.).