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Deepwater Horizon | 9/30/16 | New Trailer on Page 2 | IMAX confirmed | Budget: 156M

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On August 30, 2016 at 2:28 AM, The Futurist said:

Money is not about making a better movie, that is entirely subjective.

Money always dictate what is possible to accomplish visually in your movie.

 

Each image you produce for a movie has its technical, logistical & artistic hurdles that cost a certain amount of money and sometimes to make an image happen, you just can't compress the budget.

So if you want to make  a disaster movie set on a oil rig, there is a minimum, natural cost to accomplish this you can't compress unless you take the risk of looking cheap and not be up to the visual and technological standards of filmmaking circa 2016.

 

That s why I am always baffled to see people at BOT always complaning about movies being too expenisve : there are just no cheap ways to do ID4r, Jungle Book, Civil War, BvS, XMen Apoclypse, STB etc because trust me a 100m ID4 or STB, audiences would notice it immedialty and producers wouldn't take that risk.

Your production values must be on part with what the competion is offering, you can't afford to be cheap on a tentpole.

 

And contrary to popular belief , producers are always trying to reduce the costs of their  movie, from your 500 000$ indie to your 300m$ tentpole and the directors of both the indie movie & the tentpole movie will bitch about financial constraints.

 

 

 

 

Some movies should be greenlit on lower budgets. Especially if they plan to make a franchise and need the first to be a ht

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The budget is 156M according to Louisiana tax credits

 

 
 Film Application Details
Project Number:   20150050
Film ID #:   1226-2015
 Company Information
Parent Company: Louisiana Production LLC: Louisiana Investment LLC: 
Company Name: SUMMIT ENTERTAINMENT, LLC
Address Line 1: 2700 COLORADO AVENUE
Address Line 2: SUITE 200
City: SANTA MONICA
State: CA
Zip: 90404
Louisiana Parish: No Parish
Company Name: Long Night Productions, LLC
Address Line 1: 2700 COLORADO AVENUE
Address Line 2: 2ND FLOOR, SUITE 207
City: SANTA MONICA
State: CA
Zip: 90404
Louisiana Parish: St Bernard
Company Name:  
Address Line 1:  
Address Line 2:  
City:  
State:  
Zip:  
Louisiana Parish:  
Project Details
Production Title: DEEPWATER HORIZON
Production Type: feature film    
Estimated Total Budget: $156,000,000 Pre-Production/Spend Start Date: 09/01/2014
Estimated Louisiana Expenditures: $118,000,000 Pre-Production/Spend End Date: 04/12/2015
Estimated Louisiana Payroll: $83,000,000 Production Start Date: 04/13/2015
Estimated Jobs on Production: 2500 Production Wrap Date: 07/14/2015
Total Estimated Days in Louisiana: 330 Application Received Date: 01/07/2015
Actual LA Payroll Total:   Initial Certification Date: 02/19/2015
Actual LA Payroll Total Credits:   Cost Report Received Date:  
Total Granted Tax Credits:   Calendar Year Expended:  
Amount Credits Transferred to State:   Final Certification Date  
       
Authorized Representative: MARK PEDANTE Position of Authorized Representative VP, PRODUCTION FINANCE
 Attachments
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On 9/1/2016 at 10:43 PM, NuTella Lover of Sky Beams said:

Here's an article in the LA Times that (while not specifically mentioning budget) explains where all the money went: building and operating a ginormous and complicated set.

 

http://www.latimes.com/entertainment/movies/la-ca-mn-0904-sneaks-deepwater-horizon-20160808-snap-story.html

 

 

Wow.

 

Quote

... took over a parking lot at an abandoned Six Flags amusement park in Louisiana ....

 

See, that right there just strikes me as a lost opportunity.  An abandoned amusement park sounds seriously cool.  Why didn't they do a disaster film about an amusement park?

 

:ph34r:

Edited by trifle
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1 hour ago, RichWS said:

Future narrator: "In the 2010's, the Berg-Wahlberg collaborations changed the face of cinema and influenced a generation of young filmmakers."

 

Just wait for Patriot's Day magically making Beantowners sympathetic. 

 

Such thoughts pain my New York soul. :depp:

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I'm sure this will be decent, but it feels like a missed opportunity giving two films about some of the biggest tragedies of the last decade (BP spill, Boston Marathon bombing) to Peter Berg

 

If I'm not mistaken, JC Chandor was originally going to direct this. And Kathryn Bigelow flirted with Patriot's Day. 

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