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Old 07-01-2014, 11:21 PM
 
29,540 posts, read 22,833,084 times
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'Pacific Rim 2' May Be A Box Office Game-Changer - Forbes

Quote:
So we’re getting a Pacific Rim 2. That’s the rather shocking news drop from Universal (a division of Comcast Corp.) last Thursday night. Legendary Pictures will produce, but since they now work with Universal and not Warner Bros. (Time Warner, Inc.), Universal will be the logo at the front. The film will still be directed by Guillermo del Toro and will be written by Zack Penn. What makes this news interesting is that it’s a sequel to a film that basically bombed in America, earning just $101 million on a $190m budget. It flourished overseas, earning $411m worldwide, including a robust $111m in China alone. It was noted in box office circles last September that the film’s big Chinese business was less the makings of a hit than the avoidance of a flop, as the big overseas business saved all respective financial parties from losing money on the mega-budget original sci-fi entry. That we’re actually getting a sequel is a potentially big deal in terms of how overseas box office shapes the notion of success for big-budget franchises....

It was a $190 million monsters vs. robots adventure that barely made $100m in the states and barely doubled its budget worldwide. At the risk of being overly simplistic, I would argue that Pacific Rim is the first original would-be blockbuster to garner a sequel despite basically bombing in America. The importance of that can arguably not be overstated. We’ve seen plenty of talk over the last decade about the growing importance of overseas box office. But most of the time that involves preordained blockbuster sequels being even bigger hits thanks to the strength of China, Russia, or the like.
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Old 07-02-2014, 01:49 AM
 
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A major reason why it did not succeed in the US is that there is no big name in the cast, and there is no "funny" joker no blond woman.

However, international audience did not care so much about famous American actors. To them it is just American.
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Old 07-02-2014, 05:19 AM
 
Location: Henderson, NV
1,089 posts, read 1,424,566 times
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Quote:
Originally Posted by Bettafish View Post
A major reason why it did not succeed in the US is that there is no big name in the cast, and there is no "funny" joker no blond woman.

However, international audience did not care so much about famous American actors. To them it is just American.
You could indeed be right..............

I tend to think that it did poorly here because it's a moronic movie about giant robots that need two operators that have to mind meld to function. Plus, the fact that it was very poorly paced........READ: BORING IN PARTS.... and that it talked talked talked instead of showing the thing that monster movie buffs like to see: primarily, that would be.......MONSTERS!!! These things all created bad word of mouth, which is box office poison worse than even Tom Cruise could imagine.

They should have just made a Voltron movie. It would have done even better overseas.
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Old 07-02-2014, 05:47 AM
 
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I thought it was not bad but you are right, there was no real eye candy.

However I would say that Idris Elba and Charlie Hunnam are fairly big named. Not everyone may recognize the names but the majority would probably recognize them by sight.
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Old 07-02-2014, 06:00 AM
 
Location: Maine
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This isn't rocket surgery.

Yes, the movie was a box office failure in the US. But the movie business is no longer solely a US business. Pacific Rim actually did quite well overseas, especially in Asia. Movies are now a global enterprise. The fact that did PR was a hit in Asia is actually really impressive, when you consider that for every 1 person who bought a ticket to watch it, 50 people bought pirated copies on the street.

Pacific Rim 2 isn't some weird anomaly. Pacific Rim 2 is the new normal.
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Old 07-02-2014, 10:50 AM
 
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Didn't Idris Elba's character die in the first movie?
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Old 07-02-2014, 12:18 PM
 
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Quote:
Originally Posted by Suburban_Guy View Post
'Pacific Rim 2' May Be A Box Office Game-Changer - Forbes
The numbers on Pacific Rim were very similar to Golden Compass in 2007. I think the big difference is that the Golden Compass had it's biggest foreign numbers from the United Kingdom. The market for a children's film in the UK simply can't grow a lot bigger than $53 million as there just aren't that many children.

But I think they are hoping that Pacific Rim2 can bring in $150-$200 million from China.

2013 Pacific Rim Production Budget: $190 million
Domestic: $101,802,906
+ Foreign: $309,200,000 : China = $111,940,000
= Worldwide: $411,002,90

2007 The Golden Compass Production Budget: $180 million
Domestic: $70,107,728
+ Foreign: $302,127,136 L United Kingdom = $53,198,635
= Worldwide: $372,234,864


They will almost certainly make another Die Hard movie based on Foreign box office (led by China)
2013 A Good Day to Die Hard Production Budget: $92 million
Domestic: $67,349,198
+ Foreign: $237,304,984 : China = $31,620,000
= Worldwide: $304,654,182

Although EOT did even worse than Pacific Rim, they will probably make another film like it (if not a direct sequel).

2014 Edge of Tomorrow Production Budget: $178 million
Domestic: $85,128,021
+ Foreign: $234,500,000 : China = $65,300,000
= Worldwide: $319,628,021
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Old 07-02-2014, 01:20 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,002,692 times
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Quote:
Originally Posted by Mark S. View Post
This isn't rocket surgery.

Yes, the movie was a box office failure in the US. But the movie business is no longer solely a US business. Pacific Rim actually did quite well overseas, especially in Asia. Movies are now a global enterprise. The fact that did PR was a hit in Asia is actually really impressive, when you consider that for every 1 person who bought a ticket to watch it, 50 people bought pirated copies on the street.

Pacific Rim 2 isn't some weird anomaly. Pacific Rim 2 is the new normal.
There have been several movies that were HUGELY successful around the world. Pirates of the Caribbean: On Stranger Tides made large amounts of money both in the US and more-so internationally. Godzilla 2014 was pretty successful in America but more so internationally.
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Old 07-02-2014, 01:44 PM
 
Location: Maine
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Originally Posted by mkpunk View Post
There have been several movies that were HUGELY successful around the world. Pirates of the Caribbean: On Stranger Tides made large amounts of money both in the US and more-so internationally. Godzilla 2014 was pretty successful in America but more so internationally.
Yep. It's the new normal.

It's also why IRON MAN 3 had a different theatrical cut in Asia. All the major studios now have the global market in mind.
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Old 07-02-2014, 02:41 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,002,692 times
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Quote:
Originally Posted by Mark S. View Post
Yep. It's the new normal.

It's also why IRON MAN 3 had a different theatrical cut in Asia. All the major studios now have the global market in mind.
That and I don't think the Manadrin character would be accepted in Asia the way it was done in the movie...
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