Live data from Hacker News

The Matrix Resurrections estimated to lose Warner Bros $100M

wegotthiscovered.com

241–250 of 323 posts

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

#241

Earlier quoted context omitted.

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!

How about The Truman Show ?

Chef's kiss.

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

#242
post #13

In comparison, Spiderman No Way Home is the 8th highest grossing film of all time. I haven't seen it yet, but some of my friends have said the two films are equally bad. It seems they both attempt to sell nostalgia, and one of them worked and one didn't

You ever have that one friend who's taste in movies is so bad that you know any recommendation from them is likely horrible and they also don't seem to like popular movies? You seem to have multiple of those.

Hmmm, actually I don't find their recommendations bad.

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

#243

Earlier quoted context omitted.

Sure ok, but so what? What kind of person (allegedly) sinks a movie franchise out of spite? How about… Not do that and put effort into everything you do? IDK. Not sure I buy this and think it’s possible the Wachowskis that made the first movies are gone, and this was a good effort. ♬don’t let money change ya♬.

> sinks a movie franchise out of spite? it's not spite. She didn't "sink" it because she was spiteful, she wanted to say something about the films and her work and chose to deconstruct the act of making a sequel to a trilogy after 20 years. It's their art, they can do what they want with it. Their work since Matrix has always been avant-guard (Cloud Atlas is barely a film in any normal sense, a Speed Racer film by an…

> The real question is, how did Warner green-light the script and release knowing that it was going say all those things.

Self depreciation is fine for WB. Half the jokes in the new Space Jam are meta self-depreciation. (not funny jokes, but jokes nonetheless)

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

#244
post #20

Earlier quoted context omitted.

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.

You can get a rough idea by using Netflix’ impact value figure, the formula of which isn’t public but appears to be about seven times the number who watched at least two minutes of the title in the first month. (This is based on the leaked documents about Squid Game’s performance, and again, the real formula is surely more complicated. https://www.cnbc.com/2021/10/18/netflixs-squid-game-is-repor...)

Matrix was viewed about 3 million times in its opening week. Assuming it doubles that over the first month, that’d be 6M * 7 or an impact value of $42MM. If you want to be generous, multiply again by a number to account for HBO Max’s smaller size compared to Netflix, or to account for Max’s strategic importance to Warner. Either way, the contribution is significant but not enough to make Matrix 4 a hit relative to its budget.

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

#245
post #132
post #38

I don't understand how they do the math with streaming. In a way, you can say that everyone who is an HBO subscriber has already paid for the Matrix Resurrections. Obviously you don't have to watch it immediately, since it's now part of the streaming service catalogue, so unlike a movie theater where all people who intend to see the movie must watch it before it leaves the cinema, all HBO max subscriber can just thin…

I think the key point is that streaming companies don't think of it as "our customers are paying us a subscription fee and then our catalog is free to them", but rather as "our customers are paying us a percentage of their subscription fee for each thing they watch". In terms of figuring out their own cash flow, most of these sorts of subscription services divvy up the subscription fee from each customer between ever…

It doesn't matter how they gauge the success internally.

They never share viewership numbers to the producers, and they don't pay by the actual viewership , they buy the property and do internal P&L on success of the buy as you say.

From the producers perspective it only matters how much Netflix paid for a movie.

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

#246
post #189
post #61

I saw it twice. I honestly cannot tell if Lana Wachowski hates the Matrix or not. There was this meta montage of "oh we have to make a sequel to the Matrix because the suits wanted it, everybody pile on stupid crap", which was obviously a middle finger to...someone. I laughed out loud at how over the top that blatant F-U was...but given that the movie proceeded to then actually crap on every single thing that was awe…

Is it possible that the movie just sucked? Everyone on here dancing around that possibility due to...reasons.

The reasons people seem to be dancing around is censorship. Woke ideology on one side and the CCP on the other. That’s an extremely narrow area to work in.

I don’t see this movie as an outlier. TV and Film have been in trouble since BLM and now with China buying AMC, the prospects don’t look good.

As as a (former) movie goer I’ve seen nothing but shit for the last 2 years. I now suspect shit is the new normal. I’m not paying for shit… it’s that simple. In other words, I agree with you.

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

#247

Earlier quoted context omitted.

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.

And product placement and revenue generating content masquerading as entertainment content has shot through the roof, too.

My SO is a huge The Walking Dead nut. There was a couple seasons (episodes?) that (from the outside) looked more like a vehicle to sell cars (pun intended) than to advance the storyline.

'Memba new coke? Stranger Things did, too!

Sure, go watch ET - there's obvious product placement too - what was it, pizza hut? Pepsi? M&Ms? It's been a while, but it was rarely the McGuffin in the storyline.

Did ET want to call home or did ET use the latest 5g sprint network on ETs new Samsung Flip mobile, exclusively at Sprint stores, everywhere, to call home?

It's so transparent, and then to have the audacity to charge $30 to view this 90-minute product placement informercial.. and yet the masses gobble it up and it's just a feedback loop of "Well, it's working! Let's _double down_ next time!"

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

#248
post #189

Earlier quoted context omitted.

Is it possible that the movie just sucked? Everyone on here dancing around that possibility due to...reasons.

The reasons people seem to be dancing around is censorship. Woke ideology on one side and the CCP on the other. That’s an extremely narrow area to work in. I don’t see this movie as an outlier. TV and Film have been in trouble since BLM and now with China buying AMC, the prospects don’t look good. As as a (former) movie goer I’ve seen nothing but shit for the last 2 years. I now suspect shit is the new normal. I’m no…

What does this have to do with the movie? Even if I could imagine a scenario in which the argument would be relevant, I don't understand what you're specifically attacking here.

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

#249

Earlier quoted context omitted.

It seems like it wasn't marketed very much: I didn't realize it was in production, about to be released, or... released. I just happened to see it online ready to watch one day and watched 2/3rds of it before giving up.

Yeah it seems they knew it was awful and just kind of dumped it out.

Sony said "come Wachowski's, we are going to make a new Matrix, with or without you." And then the dump truck showed up and she did what she could to, in her mind, make a product she was happy with that she knew she had to make for herself.

There's a lot of meta- to the film about the process, state of Hollywood, big cinema, giving in to retelling the same story for nostalgia bros, from what I understand. (I am not a critic or terribly deep, just observing)

I mean this clip speaks volumes. That unmistakable look of "Why'd you have to ask me that" as she is presumably self censoring thinking about what she /should/ be saying.

https://youtu.be/6mkNIs2XWZU?t=10

Post reply on HN