Nicoco
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Posts posted by Nicoco
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5 hours ago, KGator said:
I appreciate your blind devotion to this film. I too was hoping it would be a success. However, the writing is on the wall. We already know that it is somewhere between a financial and box office disappointment and unmitigated disaster. The question isn't how much money the film will make it is how much it will lose. This film was intended to kickstart a series of movies with the same characters. Instead it will be known as the movie that served as a warning about created high budget and bloated Sci Fi movies on properties with only regional popularity.
If you want to convince us this is REALLY a success just let us know when they will announce the sequel. And no one who follows budgets would ever claim that making $250-300 million dollars on a movie with a budget of $150 million Euros ($175 million) is a good return. Especially if a large portion of your box office comes from countries like China where you get a much lower percentage of the box office revenue. And that's assuming it even does well in China . . . which does not seem likely.
I think you should read my post and then come back with an appropriate comment....
Where did I mention that Valerian is a huge success and will open a Franchise ? I'm just reacting to people over-reacting to the failure of Valerian and making this film the "biggest bomb in the history" or a "International disaster"....
The direct consequences for Europacorp are only reputational... as the film was covered by international presales to distributors and as Europacorp is only distributor in France (where the film is a succes) Europacorp will most probably make money on the film (but distributors like STX, Lionsgate,... will most probably face limited losses depending on the marketing cost). If you look at the Europacorp's share it is slowly recovering her level before the US release.
So I think that some people on this forum needs to think a little bit before over-reacting like teenagers because initial figures are not so good...
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On 24/07/2017 at 4:44 PM, marveldcfox said:
I think one thing is confirmed. This is a massive bomb everywhere. If European markets are doing so poorly ( i don't think it will do more than 9 million in Germany..10M MAX)
Fake prediction ! Valerian has crossed the 11.2 m $ in Germany a week ago and is still shown in a lot of theaters.
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On 24/07/2017 at 5:47 PM, marveldcfox said:
According to some French users, France isn't all that interested. They are not fond of the supposed changes Besson has made and the actors portraying the lead characters. Most optimistic predictions are 20M total. Basically less than half of Lucy. Its an out and out disaster.
Fake prediction. Valerian has crossed the 30m $ in France and is still n°2 at the week-end box office.
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2 hours ago, Barnack said:
Isn't capped at 30m euro the tax credit ?
197.7m-30m = 167.5m Euro no ? for a 175 to 180m net US budget.
Budget cinfirmed by Luc Besson to french newspapper is 180 m € - 30 m € tax credit --> 150 m € but it seems that Europacorp was able to get extra tax credit from Quatar and China where the film was also funded. Anway as 90% of the film was covered by presales to distributors and as Valerian is doing great (final gross around 40m $) in France the only country where Europacorp is also is distributor... we can assume that Europacrop will make money on the film.
It is confirmed by current price of Europacorp's share who has largely recovered after to drop due to US initial week-end flop.
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Valerian is not an international disaster it's a disaster in the english spekaing countries (UK, USA/canada and Australia who considers themselves as the center of the world) where the critics and local distributors doesn't accept the concurrence of a "french produced" blockbuster.
Valerian was first at the box office in opening day/week in France, Russia, Belgium, Poland, Spain, Ukraine, Hong Kong, Sweden, Turkey, and most of european eastern countires...
After the week end the total gross will be around 140m $ and the film still have to be launched on huge market like : China, Japan, South Korea, Italy, Argentine,....
When I see that Valerian is the "Bomb of the century" when it will make between 250m and 300m $ total Gross for a budget of 150m (after tax credit from the french state)....
This year alone Ghost in the shell, Monster Trucks or King Arthur will do far worse than Valerian.
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5 minutes ago, marveldcfox said:
Luc said this movie has to do as much as Lucy to be considered a hit considering the way its funded.
Luc said that 90% of the budget is covered by international presales to distributor and tax credit from the french state (more than 20m$). Europacorp is only distributor in France were the film will be in the yearly top 5 at the end of the week. So Europacorp will make money on the movie as his financial risk exposure counts only in France.
The risk for Luc Besson and Europacorp is not financial but reputational. But when you earned 450m $ with Lucy (40m budget) you are probably not happy with a total gross of 250m$ from a movie like Valerian. They had probably the intention to launch a new franchise after "Taken", "The Transporter" and Lucy and this will not happen.
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1 hour ago, marveldcfox said:
Still not good at all. I think BD has a good chance of beating it this weekend and ending with a better total. It really is Jupiter Ascending 2.0 but worse at the boxoffice. JA did 44+M in China.
Presales for Valerian are between 25% and 50% better than those for BD on each day of the week end.... Valerian will end at 40m$ in France and is doing great in Russia and in Germany.
The Budget of the film if you take off tax optimisation in France is more around 150m$ and the film will end around 250m$ worldwide.
Not a success but also not the failure of the century.
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7 hours ago, ymblcza said:
now
Val 500k 742
C3 196 274
BD 130 382
Sorry for my ingnoranc can you clarify if this is the Nb of ticket sales or revenue in $ ?
Where can I find a source for tracking Presales figures ?
Thanks
VALERIAN AND THE CITY OF A THOUSAND PLANETS | 184.7 M overseas ● 225.9 M worldwide
in International Box Office
Posted
Presales for opening day today at 10pm
Valerian: 644K $
BD: 409K$
Cars 3: 172K $