Vice | Opening Wide on Christmas | Let's call it... mixed reviews #DiViceive

[movies!movies!]

Box office bomb

Quote

In fact, insiders tell Variety that “Vice” was at least a $15 million bomb for Annapurna. Some sources say the loss was closer to $20 million. 

https://www.indiewire.com/2019/03/annapurna-lost-15-million-vice-beale-street-1202050782/

[WittyUsername]

4 minutes ago, movies!movies! said:

Box office bomb

https://www.indiewire.com/2019/03/annapurna-lost-15-million-vice-beale-street-1202050782/

What I want to know is why this film cost so much to begin with? $60 million is a lot for a movie like this. Surely it could’ve been made for around $20-30 million?

[Barnack]

4 minutes ago, movies!movies! said:

Box office bomb

https://www.indiewire.com/2019/03/annapurna-lost-15-million-vice-beale-street-1202050782/

 

That read borderline stolen from

https://variety.com/2019/film/features/annapurna-financial-troubles-megan-ellison-1203160634/

 

Jenkins is not alone in heaping praise on Ellison, who is known in the creative community as someone who consistently backs auteur directors, among them Paul Thomas Anderson, Spike Jonze and David O. Russell, making sizable investments in risky movies that major studios frequently shun.

 

Became

Over the last several years, Annapurna has become synonymous for giving auteur filmmakers the budget necessary for crafting their visions. For this reason, the studio has been largely championed by moviegoers and the film press. The company produced films such as Paul Thomas Anderson’s “The Master,” Spike Jonze’s “Her,” and David O. Russell’s “American Hustle,” among others.

 

 

 

“If you’re going to do what Annapurna wants to do, you have to hit every time,” says Jeff Bock, senior box office analyst at Exhibitor Relations. “It’s wonderful to be a patron of the arts, and there is a foothold for these adult dramas in the market, but you can’t ever miss.”

 

Became

“If you’re going to do what Annapurna wants to do, you have to hit every time,” Exhibitor Relations box office analysis Jeff Bock told Variety. “It’s wonderful to be a patron of the arts, and there is a foothold for these adult dramas in the market, but you can’t ever miss.”

 

I wonder how many phone call and meeting went into writing the indiewire version, feel almost like it was writing by reading the Internet and blogging about it like we would do for free here.

 

 

[Neucentro]

It's a good thing Annapurna continues to support auteur filmmakers. As long as they have the money, they can afford to take risks and lose some, provided they watch their bottom line.

Edited March 14, 2019 by Neucentro

[Barnack]

10 minutes ago, WittyUsername said:

What I want to know is why this film cost so much to begin with? $60 million is a lot for a movie like this. Surely it could’ve been made for around $20-30 million?

 

They are never clear in the way they phrase it if it was gross or net, if you have seen the movie there was a lot of movie on screen, like 90s to 2010 studio movie type of money, the montage of the heart transplant operation alone looked more costly than some indie movie and one you can easily cut to a going asleep/waking up from it in the script if you do not have the money.

 

The Big Short was 50m gross and got 5.8m in tax credit in that jurisdiction, so if that 60-65m is the gross budget and got a bit of a better deal and the foreign sales were good (Annapurna American Hustle got about 30m in credit/foreign sales if I remember correctly), they could have been exposed to around 30-35m with their Plan B partner.

 

If you look here:

http://film.ca.gov/wp-content/uploads/2.0-Website-Approved-Projects-List-Online-3.11.19.pdf

 

That 40M below the line in California vs 36M below the line in Louisiana for Big Short, pretty much the same and Vice had a bit of war sequence type of footage.

 

[John Marston]

1 hour ago, WittyUsername said:

What I want to know is why this film cost so much to begin with? $60 million is a lot for a movie like this. Surely it could’ve been made for around $20-30 million?

 

 

Haven’t seen it but cast salaries and numerous sets and locations can bring a budget up

[Bishop54]

The company is awful at distribution. I wanted to see Destroyer but it didn't come anywhere close to me. To make money you have to get your films into theaters. 

[The Futurist]

Annapurna is such a king and its court metaphor :

 

When the uber privileged and rich paid buffoons  to entertain them in the court while

The People is unaware of the buffoons activities and try to survive.

Edited March 14, 2019 by The Futurist

[TimmyRiggins]

10 hours ago, John Marston said:

 

 

Haven’t seen it but cast salaries and numerous sets and locations can bring a budget up

I see people outside of the industry often scoff at a film's budget but most of the time, they are the number necessary to be able to make the film. It's insane how much shit adds up.