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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

#171
I had hoped they'd have learned the lesson of the sequels and this would be a good movie. However after 10 minutes it was clear this was going to be bad and I let all hopes of medium expectations fade. In that sense 'it was meh', and I am sorry I risked seeing it at the theater.

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.

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

#172
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

"I get these occasional letters from Lucasfilm saying that we regret to inform you that as Return of the Jedi has never gone into profit, we've got nothing to send you."

https://www.slashfilm.com/503174/lucasfilm-tells-darth-vader...

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

#173

I'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.

really did turn into world war z at the end and not in a good way.

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

#174

Earlier quoted context omitted.

It's no The Thirteenth Floor

It's no Existenz ;-)

All those three movies were my teenage-hood, with which I had no-one to share. Watched them with some friends, whose reactions were all "meh". Philistines!

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

#175
post #28

Earlier 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 .

And Spiderverse did a much better job at story telling.

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

#176

Earlier 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)

Warner Bros does not get all of the $363 million at the box office, the theatres takes their cut. For domestic gross it's said to be roughly 50/50 during a box office run, with the distributor (in this case WB) getting the most during the first week, and then the theatres get the most, for Foreign gross it's much less, with China only giving 20% of the box office to foreign distributors.

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

#177
post #162

The 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)…

I know but this article is from 7 August 2020 so I got the impression, given the climate of the day, for this Matrix to be even more about it.

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

#179

The 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…

Nothing wrong with taking away what you want from art, but uh.. you're exactly describing the 'blue pill' (the comforts of escapism), so there is some irony in that with regard to the Matrix in particular.

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

#180
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

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…

I think this is great advice, since the first few years of my tax career were spent helping people deal with all the crap that CPAs got them into.

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.).

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