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How Much Netflix Paid For The Cloverfield Paradox
Netflix has been in the proprietary content game for a little while now; however, the subscription streaming service's early forays into new stuff were in the TV game. It's only recently that Netflix has pushed harder to disrupt the way its subscribers view movies, but Netflix certainly seems to be making up for lost time by shelling out quite a bit for some of its films. In order to put out the surprise release of The Cloverfield Paradox, Netflix shelled out a pretty penny to Paramount for the rights to show the movie. Reportedly, the movie cost Netflix $50 million.
This might actually seem to be a somewhat low number for a movie set in a franchise that really resonates with audiences. The first movie in the franchise, Cloverfield, actually made $80 million domestically (and an additional $90 million worldwide) and the other movie in the universe 10 Cloverfield Lane made $72 million domestically (and an additional $38 million worldwide). Still, both movies were reportedly made on fairly small budgets, and were able to make plenty of money after recouping costs.
On the other hand, THR reports that Paramount may have been worried about reception to The Cloverfield Paradox if it had hit theaters. The movie currently hasn't earned super high critical reviews, although the audience reception for the flick seems to be a bit higher. Movies don't live or die by critical reviews, but they do (with a few exceptions) live or die by the first weekend's box office intake. Reportedly, The Cloverfield Paradox also cost more to make than other entries in the franchise, so if it had made less money at the box office and cost more to make, it could have been a lethal combination. Compared to that, the Netflix deal might have seemed like a great deal.
Netflix has shelled out $50 million or more on other movies at the streaming service, and the service has bought up other types of projects as well, including awards contenders like Mudbound. Brad Pitt's War Machine reportedly cost the service $60 million. Bright, which was released earlier this year, cost $90 million. In fact, the streaming service has a lot of money to play with precisely because the company borrowed a lot of money in order to produce content that other providers would not have. Which is why you'll see more originals and proprietary content in the coming months, and less from like Disney or Marvel, for example.
Because Netflix relies on subscriptions and not people buying tickets for its movies, and because we have no idea how many subscribers are actually tuning in for these movies, it's difficult to tell if $50 million is a reasonable budget for Netflix. However, I'd assume the service wouldn't keep doing it if it wasn't helping to build buzz, and if there's one thing The Cloverfield Paradox did, it was build anticipation through its quick viral marketing campaign that dropped a trailer during the Super Bowl. The movie was released immediately after, instead of in April in theaters, which was the earlier plan. Not only did the flick not get the traditional theatrical release, it also proved to be competition for This Is Us, which also aired after the football game. Not a bad way for streaming to kick off the week.
"Triple Frontier" is a solid, engrossing genre item with designs on being something more. It doesn't quite get there, but it does well enough along the way to make the journey worth taking.
Let's Talk Movies - Triple Frontier (Netflix Original
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Scott Lang is an ex-convict and electronics expert hired by Stark International, which enables him to steal the Ant-Man suit from Hank Pym, who had long since given up the name, to help his sick daughter. When Pym finds out, he gives the suit to Lang, allowing him to become the second Ant-Man.
Bumblebee Blu-ray review - Entertainment Focus 12 May 2019, 6:42 pm Bumblebee Blu-ray review Entertainment Focus. Like a lot of people my age, I'm an OG Transformers fan. The 80s animated series, the Hasbro toys, and of course, the original 1986 Transformers movie are all
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What's just as interesting is that I've always thought Chadwick Boseman was a young rising actor about the same age as Michael B. Jordan, but he's actually my age (40) . He's so youthful looking that he was able to pass for a college student about four years ago in "Draft Day".
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How Much The Predator Could Make Opening Weekend Movies August 23, 2018 No Comments The summer season may have started to wind down after the debuts of films like Mission: Impossible - Fallout and The Meg , but there are still a few releases on the horizon worth getting excited about.
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Bullock has come forward to say that, early in her career, she had to deal with somebody in a situation that got so bad, she eventually asked to be fired from the movie. According to the actress
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Kevin Smith Wanted Christian Bale As The DCEU's Batman For One Solid Reason Kevin Smith is #TeamBale, and for a legit reason. Movie News Corey Chichizola 2018-06-30
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Actor Jason Momoa wanted to cut one particular line from the Justice League script. Aquaman as a character has existed in various iterations since 1941, when he debuted. Generally, he has been depicted as a blond superhero in green tights who can talk to fish.
Jason Momoa Reveals Which Line He Tried to Cut from Justice
Matt Damon and Ben Affleck are teaming up again for a McMovie. That's right, the best friends are making a movie about the man who managed to rig the biannual McDonald's Monopoly game back in 2001.
McDonald's Monopoly Fraud Movie Reunites Ben Affleck & Matt Damon
What The Predator Reshoots Changed About The Movie Movies July 31, 2018 No Comments Originally slated to release in February of this year, Shane Black's continuation of the Predator franchise was delayed until August and then moved to its current release date in September.
The Predator Reshoots: Shane Black Explains What He Changed
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Shane Black tells us what he changed in 'The Predator' reshoots, how much of the Predator mythology he wanted to reveal, how he had ideas for 'The Nice Guys' sequels, and plays "Ice
The Predator Reshoots Explained: How Fox Changed Shane Black
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