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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

#211

Post by rdtwo »

vmception wrote: post #140
rdtwo wrote: post #99

Earlier quoted context omitted.

How do you do this and how much does it cost?

I would say budget $3000 for beginners. Bump that to at least $10,000 if you wind up putting down a retainer for a tax lawyer. But CPAs are just as excited to research the same stuff and can give you the same answers, and their sign off on some activities can have some weight. It gets easier to rationalize when you follow my simple mantra: do things worth litigating over. Rules out lots of other ways to waste your ti…

How do you find one that won’t get you into a huge costly mess with the irs?

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

#212

Post by brightball »

oliyoung wrote: post #52
sydthrowaway wrote: post #21

This movie had to be a troll. The ending cover song of RATM's "Wake Up" was just something else.

> This movie had to be a troll. Not so much a "troll", but there's a scene in the first act that literally lays out the entire premise of the production and the creator's feelings about feeling forced to do it. There are "lampshade hanging" fourth-wall breaks in the production meeting scenes that make Deadpool look conservative. The Wachowskis didn't want to do more Matrix. Warner were going to do more Matrix regardl…

Honestly, I didn’t like the movie but after reading your comment and realizing you’re completely right…I like it better now. Thanks for that.

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

#213

Post by vmception »

rdtwo wrote: post #211
vmception wrote: post #140

Earlier quoted context omitted.

I would say budget $3000 for beginners. Bump that to at least $10,000 if you wind up putting down a retainer for a tax lawyer. But CPAs are just as excited to research the same stuff and can give you the same answers, and their sign off on some activities can have some weight. It gets easier to rationalize when you follow my simple mantra: do things worth litigating over. Rules out lots of other ways to waste your ti…

How do you find one that won’t get you into a huge costly mess with the irs?

I typically ask the CPA for supporting literature and case law if it exists

And gravitate towards the things that have durable consensus or more easily rationalizable consensus

But those kinds of requests during the first consultations make it pretty obvious if you want to work with them. If their whole business is just filing 1040-EZ’s for people with the standard deduction and collecting child tax credits, then they wont be prepared and you can rule them out.

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

#214

Post by tehwebguy »

LegitShady wrote: post #107
Latty wrote: post #20

Earlier quoted context omitted.

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

Do they suddenly make more money streaming? Do you have any evidence people joined a streaming platform to watch it? This thing bombed everywhere. People with existing subscriptions watching it doesn't make it any. More profitable to Warner Bros

The point isn’t that there are 2 revenue streams instead of 1, is that they own it forever and there will be unlimited ways to make money on it over a long enough timeline.

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

#215

Post by brightball »

matwood wrote: post #32
samspenc wrote: post #9

Doesn't HBO Max streaming somewhat counteract the losses in the theater? When HBO & Warner Bros decided to release all their movies on big screen and streaming at the same time for 2021 (only), part of it was a play to increase their streaming app subscription base? I know that we got a family subscription to HBO Max for exactly this as the main reason. I would be interested in understanding how the increased revenue…

Exactly. Box office numbers are going to become less and less important over time. Except for the few big special effect movies, most movies will move to streaming. Another wrinkle is the movie format itself is under attack. Dune for example should have been a weekly series. There just isn't enough time to do it right in a movie.

I’ve said this for years. Nothing would have made more sense than to have HBO pick it up after GoT ended.

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

#216

Post by brightball »

101008 wrote: post #114

Not sure if it applies to this particular link, but WeGotThisCovered is probably the worst website ever, full of clickbait. 90% (or more) of their news are clickbait straight lies, they don't care that's a lie as long as it is clickable and people comment it on Facebook. My favourite example is this one: https://wegotthiscovered.com/?s=emma+watson+reportedly&submi... They add "reportedly" just to any article that's 1…

Fwiw, my wife and I just watched the 2 hour Potter 20 years later thing that came out on HBO Max. She actually talks about coming in to audition. The only person they mention going to get is DR himself.

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

#217

Post by brightball »

dragontamer wrote: post #31
EdwardDiego wrote: post #14

Earlier quoted context omitted.

I quite liked The Suicide Squad (assuming that was the one that had no Will Smith).

I mostly liked it but I still think they did Starro dirty. Seriously, Starro typically takes on the entirety of the justice league by itself. Suicide Squad can take on maybe 2 or 3 Justice League heroes at a time, at best, not the entire team's collective focus. They're just completely incomparable in terms of threat-level, size or scope.

But that staff…

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

#218

Post by boxmonster »

npunt wrote: post #179
boxmonster wrote: post #118

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).

It ebbs and flows with what is happening. Escapist fantasies are popular when times are hard. I feel times are hard now. Philidelphia and Leaving Las Vegas are two of my favorite movies, but I saw them when times were pretty good. However, I would enjoy an interesting movie about social issues being debated these days, just not with a Matrix backdrop and theme.

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

#219

Post by mikepurvis »

sandworm101 wrote: post #209
zizee wrote: post #182

Earlier quoted context omitted.

I have always assumed those numbers are fudged, and included marketing. I don't really know much about the industry, or what it take to make a film like this, but $100m is enough to pay 1000 people 100k. Did this film take that many people, that long to make? I would imagine CGI is reducing a lot of expensive things (like blowing up aircraft, and expensive location shoots).

Yes. And the equipment. And the studio spaces. And the a-list actors/dir3ctors/producers who took home many millions each. 200million was once an insane budget (Waterworld) but with movies these day grossing into the billions (Endgame et al) 200mil is no longer a stretch.

TV shows are really pushing things too. Twenty years ago, a big budget show was a premium cable production like Deadwood ($4.5M/episode) or Rome ($8.5M/episode), but now you have mainline shows like The Crown, Stranger Things, and The Mandalorian, all costing $12M+/episode.
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