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Everything posted by Gavin Feng
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total pre-sale for A Little Flower 0am Dec.31 - $32M 10am Dec.31 - $33M 6pm Dec.31 - $50M-plus(expected) Currently, total pre-sale in history: No.1 Endgame - $110M No.2 Infinity War - $65M No.3 Monster Hunt 2 - $57M No.4 Furious 8 - $47M No.4.5 - Detective Chinatown 3 - $40M(refund due to pandemic) No.5 My People, My Country - $38M No.6 Detective Chinatown 2 - $38M No.7 - Furious 7 - $37M
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The International Box Office Discussion Thread
Gavin Feng replied to Fake's topic in International Box Office
U.K., Italy, Spain, China Lead International Box Office Losses in 2020 https://variety.com/2020/film/news/international-box-office-comscore-1234876592/ -
So everybody, even those who like it, just agree WW84 deserve to be a flop? I thought the controversies could last longer. I saw some still lamented that BoP didn't become a box office hit weeks ago. But it feels like most of people had consensus and conclusions on WW84 before the end of its opening weekend.
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Maoyan is co-production of The Rescue. They knew they fucked up and had no way to save it. But they were reminded of removing all negative on ticket sites. And they did. In 2021, the 100th anniversary of CPC, there would be 100 political task movies. Some industry insiders expect most of them, if not all, would get zero negative reaction on ticket sites. 9.3/10 at that time might be a very common score.
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is it possible to know 2020 box office for 20 major markets at this point? Although there is still a week to go 2021, I guess no big difference. I can only find some: China - $2.9-3B NA - ~$2.3B Japan - $0.95-1.05B Korea - ~$470M Unclear: UK France India Germany Mexico Russia-CIS Australia Italy Spain Brazil Taiwan Holland Indonesia Poland UAE Malaysia Hong Kong
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Presales Tracking Thread(Maoyan, Taopiaopiao etc)
Gavin Feng replied to Olive's topic in China At The Box Office
FRI, SAT SUN might not be far higher than THU previews. Although previews started from 6pm, it's actually a better distribution strategy because theaters would arrange more during evening period. Let other films to enjoy daytime showtimes. -
What happened on WW84 in China is more complicated than usual. It's not just about WOM, marketing or competitions. If a WB or any other Hollywood title bomb here, studios would analyse the reasons and let some people take the responsibilities of flop. But in the case of WW84, WB don't even know who they should blame, because the bad performance couldn't be explained by those negative factors only. People from data firms, film distributions keep producing new theories to explain the situation they believe they never saw. And some of them have feelings that more and more Hollywood blockbusters would face the similar situations. For me personally, I don't enjoy WW84. I'm not against adding rom-comedy elements in blockbuster, and I actually wanna see more of these things that Hollywood don't usually do in todays world. They did use lots of length to do in that way, but most were unnecessary and didn't bring better experience. I do even love Blade Runner 2049 type slow pace that general audience can't, but WW84 feels like a work Patty didn't use her full power to make. I understand all those good reviews and reactions, but I just believe WW84 could be better even a masterpiece.
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most showtimes are original version with subtitle. Chinese audience don't see dubbed version of Hollywood movies. Even in recent years, local movies and Chinese language things are getting stronger here, there's still no trend that dubbed version of Hollywood movies is accepted by more and more people. Local people think you are either absolute Chinese movies or pure Hollywood stuffs. Hybridized works have little potential to make money here.
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That's unimaginable in Hollywood but very usual here. Usually, there are three definitions of production budget here: a) real cost in filmmaking; b) original price; c) premium. How to understand these definitions? For example. Disney and Warner Bros decide to make JL v Avengers and hire Michael Bay to make it with $400 million(original price). If Bay complete all the requirements studios have asked with $200 million(real cost), he can keep the rest $200 million. Then, Disney and WB will sell some share to other studios. Let's say Sony and Paramount want to have 50% share. In principle, they can buy it with $200 million(=$400 million*50%). But JL v Avengers is such a profitable business that any studio who involve in it can easily make huge money. As evil capitalists, Disney and WB definitely have to milk them. So they tell Sony and Paramount the budget is $800 million(premium), and they have to pay them $400 million to get 50% share. Sony & Paramount agree. Now, Disney & WB already hit break-even point(-$400 million+$400 million) and still keep 50% share before the movie earn any money. For JL v Avengers: real cost - $200 million. It's a useless number for most studios. original price - $400 million. It just like production budget in HLW premium - $800 million. It helps main studios to avoid financial risk. For studios, box office performance to hit break even point: WB & Disney - 0 Sony & Paramount - $2 billion(if we say studios get 40% of box office) If Bay think he couldn't finish it with $500 million and ask $50 million more, the original price become $550 million. And of course, studios are not stupid. They only allow those big directors to enjoy unused budget. Some of you might still feel puzzled what kind of studios are willing to invest in movies with money way higher than original price. Well, it's mostly because uncontrolled greed. 10 years ago, many small studios can go big with just one blockbuster in fast developing Chinese film market and attracted many laymen to find chances. But in recent years, it has become really hard due to many good or bad reasons(one good reason is contents are more important). Although Chinese film industry doesn't have shaped things like big six studios yet, but most resources have now been controlled by few. And most small studios wish they can get rich overnight by making a bet. So you can see "foolishness" like Sony and Paramount take that kind of risk. Some rich internet studios would also like to invest it because they don't have good original works and try to earn some reputations(Apple TV+ is willing to invest $10 billion to JL v Avengers).