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Eric Lasagna

⊃∪∩⪽ Part II | March 1, 2024 | Reactions drop February 15, reviews February 21 | Zendaya for our next C-3P0

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2 hours ago, ando said:

Lol Collider just posted an article saying the Dune re-release has grossed $30M in one week. Which is wrong, but they simply took the numbers from Box Office Mojo and ran with it. 

 

But on Box office Mojo, it wrongly shows the UK gross as $57M instead of $28M. Which explains that weird bump to $433M WW, which is wrong. 

 

Not great for Collider lol

Box Office Mojo has been a mess ever since that overhaul in late 2019. 

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43 minutes ago, ando said:

Lol and now the completely false information spreads like wildfire, and most comments are people saying "it made more than Madame Web lolol"

 

 

 

 

:facepalm:

 

Can only help build buzz :Venom:

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1 hour ago, ando said:

Lol and now the completely false information spreads like wildfire, and most comments are people saying "it made more than Madame Web lolol"

 

 

 

 

:facepalm:

No one is factchecking because it's a narrative everyone wants to believe.

 

If this mistake would have happened to a film like Turning Red, you'd suddenly have hundreds of men doing the research to find the mistake.

Edited by MysteryMovieMogul
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48 minutes ago, Merkel said:

At what time does the review embargo lift tomorrow? Later tonight right after midnight or is there another specific time frame? 

Should be in approximately 26 hours from now.

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9 hours ago, HummingLemon496 said:

My prediction is $12,000,000 previews and a $84,928,476 weekend

 

(We need specifically something close to 12*7)

My disappointment bar is any numbers below JW4 after all the rising buzz.  

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On 2/17/2024 at 3:51 PM, von Kenni said:

Here are estimates for Dune Part 1 and Part 2 production budgets (low, middle, high estimates) by researching public sources with some source links and references. We could pinpoint some numbers better and I welcome anyone to share sources for them. Knowing about the Hungarian production costs and overall budgeting for Part 1 is a huge help in estimating Part 2 costs. Any key insights on which parts of the production and even above-the-line costs can be attributed to Hungary will help to refine these numbers even more. Also shooting day numbers per location and what type of shots will help. VFX costs are a big question mark since they did a lot of practical effects, sets, and props together with VFX. There could be some shifts from that overall budget to the Hungarian Production budget but it wouldn't change the overall actuals.

 

That said, the actual numbers aren't much off.

 

  Part 1 Low Ball Middle Ground High Ball
Above the line $24,000,000 $21,000,000 $28,000,000 $37,000,000
         
Story Rights [1] $2,000,000 $1,000,000 $2,000,000 $3,000,000
Script & Screenplay [2] $1,500,000 $1,000,000 $2,000,000 $3,000,000
Producers [3] $5,000,000 $4,000,000 $5,000,000 $8,000,000
Director [4] $1,500,000 $1,000,000 $2,000,000 $3,000,000
Main Cast [5] $10,000,000 $12,000,000 $14,000,000 $15,000,000
Other [6] $4,000,000 $2,000,000 $3,000,000 $5,000,000
         
Below the line $141,000,000 $146,000,000 $165,000,000 $184,000,000
Hungarian Production Costs [7] $60,000,000 $60,000,000 $65,000,000 $70,000,000
Hungarian VFX Costs [8] $20,000,000 $40,000,000 $35,000,000 $30,000,000
Hungary Indirect VFX Costs [9] $20,000,000 $25,000,000 $25,000,000 $25,000,000
Additional VFX [10] $16,000,000 $0 $10,000,000 $20,000,000
Score [11] $2,000,000 $2,000,000 $3,000,000 $4,000,000
Jordan/UAE Filming [12] $15,000,000 $15,000,000 $20,000,000 $25,000,000
Other [13] $8,000,000 $4,000,000 $7,000,000 $10,000,000
         
Total $165,000,000 $167,000,000 $193,000,000 $221,000,000
         
Hungarian Rebate 30% [14] $30,000,000 $37,500,000 $37,500,000 $37,500,000
Jordan/UAE Rebate ~20% [15] $3,000,000 $3,000,000 $4,000,000 $5,000,000
         
Actuals $132,000,000 $126,500,000 $151,500,000 $178,500,000
         
Total VFX Costs [16] $56,000,000 $65,000,000 $70,000,000 $75,000,000
VFX Shots [17] 1,700 2000 2100 2300
Price per Shot [18] $32,941 $32,500 $33,333 $32,609

 

 

Some of the budgeting fundamentals and information about the Hungary production can be found in previous posts on this forum:

 

Original post 1/2

Original post 2/2

 

Some resources and references are here to help you but you can find more by googling.

 

Some initial references here, here, and here

 

[1] 

2-3% of the production budget with a cap

LOTR original filming rights

Rights after successful adaptations

Crazy numbers

 

It can have an unknown royalty factor, i.e. X% out of BO.

 

[2]

2-3% of the production budget for original scripts

 

This is an adaptation and Denis Villeneuve was the main screenwriter who takes very reasonable fees, especially for his life’s dream project.

 

[3]

2-5% of the production budget with a cap

Hypothetical blockbuster budget

Ent Law Firm View

 

[4]

One of many mediocre sources points to around $1.5m (before residues)

 

He will most likely take a bigger residue and smaller salary if it helps the film being made.

 

[5]

Modest salaries and most likely residue-heavy

Part 1 salaries. With Residues, you can likely double the final compensation.

 

Depending on the residue structure after Part 2 makes a lot of money in the box office you can double, triple, or multiply even more some of the cast compensation.

 

[6]

A whole bunch of other costs that I didn’t separate above

 

[7]

Original post on this 1/2

Original post on this 2/2

 

[8]

Origo studios VFX capabilities in Hungary

Origo studios website

VFX Supervisor Paul Lambert took his team to Budapest early in pre-production

Insights for making the VFX for Dune from Paul Lambert & co.

More insights

 

The core VFX team worked in Hungary and live-action VFX shooting happened mostly there.

 

[9]

These VFX costs are outside Hungary but are eligible for the rebate.

 

[10]

VFX costs outside Hungary that are not eligible for the rebate.

 

[11]

$1-2m per movie

 

Hans Zimmer has waited half a century to make the score for Dune. Most likely residue-heavy.

 

[12]

Part 1 shooting 11 days in Jordan

Paul // The shoot was a total of 115 days. We shot in Hungary, Jordan, United Arab Emirates, Norway & California.

 

Expecting at least 50% more for Part 2 and day rates of shooting being $0.5-1m for Part 2 in Jordan/UAE..

 

[13] 

A whole bunch of other costs such as insurance, etc. that are not mentioned above

 

[14]

Hungarian rebate rules

Exact Hungarian production numbers for Part 1 and Part 2 and the 30% rebates

Some context and remark to 30% and 37.5% rebates

 

[15]

Special consideration will be given to high impact projects (Jordan)

Abu Dhabi incentives

 

[16]

The Creator had great VFX and the whole production budget was $80m!?

 

Overall hard to define a specific VFX budget since so many are actual sets and props built as a base for VFX.

 

[17]

DNEG did 1,200 out of the 1,700 VFX shots of Dune Part 1

VFX shot comparisons

 

[18]

Cost structure


 

Open questions

 

How many of the creatives, production people, and cast moved to Hungary for the production in a way that their salaries were paid in Hungary? I.e. their costs are included in the Hungarian production budget.

 

41 minutes ago, MovieMagic said:

Variety says the budget was reportedly $190M.

Yeap, if their sources are good, I'll drink to that. I've been meaning to add to my numbers that I believe the actuals are a few millions less than than my $193m which would be taken out of the above the line costs hence the $190m makes sense based on the open source information that I used.

 

What Variety forgets to point out are hefty rebates which brings the effective actuals at $150m. That's where they should compare the BO. I.e. breakeven point is already around $300-330m. Even if the P&A budget is bloated, max $350m.

 

Season 2 Drinking GIF by Parks and Recreation

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