lundi 23 octobre 2017

How Much Is Geostorm Projected to Lose?


The disaster movie is predicted to be a box office disaster, too.

After flopping in its debut weekend, box office analysts are projecting the disaster film Geostorm will lose up to $100 million in its box office run.

Box office analysts tells THR that Geostorm could lose anywhere from $50 to $100 million for production companies Skydance, Warner Bros., and RatPac. Deadline's predictions are even more grim, suggesting the film could lose over $100 million. According to Deadline's analysts, Geostorm would need to make anywhere between $300 to $360 million worldwide. to break even for its combined production and advertising budget.

For comparison, in the last five years (2013-2017), only four "disaster" movies made over $150 million domestically — San Andreas, Godzilla, Gravity, and World War Z. San Andrea, which opened with $40 million more than Geostorm in 2015 with a reported $110 million budget, went on to gross $473 million worldwide.

Godzilla, meanwhile, made $530 million worldwide on a reported $160 million budget, Gravity totaled $723 million worldwide off a reported $100 million budget, and World War Z hit $540 million worldwide for a reported $190 million budget. Each of these films opened $40-80 million higher than Geostorm did, however.

The Gerard Butler-starring film about a satellite designer attempting to save the world from a terrifying natural storm opened in second place with $13.3 million domestically and $49.6 million internationally. While other disaster films have underperformed in recent years, the reported $120 million budget has lead analysts to project a costly loss.

Working in Geostorm's favor is that the film has yet to open up in various markets, including China, Italy, and France. Its international total will likely be the deciding factor in how much money Geostorm loses.

IGN gave Geostorm a 6.5, saying the movie "cannot be defended in terms of striking originality, wit, or even basic intelligence, but its affable slickness make it a bad film that is surprisingly consumable."

Jonathon Dornbush is an Associate Editor for IGN. Find him on Twitter @Jmdornbush.

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