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How Much Netflix Paid For The Cloverfield Paradox
Netflix has been in the proprietary content game for a little while now; however, the subscription streaming service's early forays into new stuff were in the TV game. It's only recently that Netflix has pushed harder to disrupt the way its subscribers view movies, but Netflix certainly seems to be making up for lost time by shelling out quite a bit for some of its films. In order to put out the surprise release of The Cloverfield Paradox, Netflix shelled out a pretty penny to Paramount for the rights to show the movie. Reportedly, the movie cost Netflix $50 million.
This might actually seem to be a somewhat low number for a movie set in a franchise that really resonates with audiences. The first movie in the franchise, Cloverfield, actually made $80 million domestically (and an additional $90 million worldwide) and the other movie in the universe 10 Cloverfield Lane made $72 million domestically (and an additional $38 million worldwide). Still, both movies were reportedly made on fairly small budgets, and were able to make plenty of money after recouping costs.
On the other hand, THR reports that Paramount may have been worried about reception to The Cloverfield Paradox if it had hit theaters. The movie currently hasn't earned super high critical reviews, although the audience reception for the flick seems to be a bit higher. Movies don't live or die by critical reviews, but they do (with a few exceptions) live or die by the first weekend's box office intake. Reportedly, The Cloverfield Paradox also cost more to make than other entries in the franchise, so if it had made less money at the box office and cost more to make, it could have been a lethal combination. Compared to that, the Netflix deal might have seemed like a great deal.
Netflix has shelled out $50 million or more on other movies at the streaming service, and the service has bought up other types of projects as well, including awards contenders like Mudbound. Brad Pitt's War Machine reportedly cost the service $60 million. Bright, which was released earlier this year, cost $90 million. In fact, the streaming service has a lot of money to play with precisely because the company borrowed a lot of money in order to produce content that other providers would not have. Which is why you'll see more originals and proprietary content in the coming months, and less from like Disney or Marvel, for example.
Because Netflix relies on subscriptions and not people buying tickets for its movies, and because we have no idea how many subscribers are actually tuning in for these movies, it's difficult to tell if $50 million is a reasonable budget for Netflix. However, I'd assume the service wouldn't keep doing it if it wasn't helping to build buzz, and if there's one thing The Cloverfield Paradox did, it was build anticipation through its quick viral marketing campaign that dropped a trailer during the Super Bowl. The movie was released immediately after, instead of in April in theaters, which was the earlier plan. Not only did the flick not get the traditional theatrical release, it also proved to be competition for This Is Us, which also aired after the football game. Not a bad way for streaming to kick off the week.
In a recent interview, Karen Gillan was asked about Nebula's role in Avengers: Endgame. The actress obviously was not able to say much, but she did say something pretty intriguing when asked about the possibility of the movie being the last for her character. Gillan explains. "I think I would be really sad to say goodbye.
Battle Angel Is Overperforming, But How Much Does It Need To Break Even? Movies February 18, 2019 No Comments Alita: Battle Angel has overperformed compared to its box office expectations.
Alita: Battle Angel Is Overperforming, But How Much Does It
News of the new Avengers: Endgame release is sure to excite the hardcore fandom, and it should be fascinating to see what new footage gets added to the blockbuster.Smart money says the final
Avengers: Endgame Getting Re-Released with New Footage
That's right. The late Colonel Miles Quaritch, played by Stephen Lang, is somehow coming back for James Cameron's Avatar sequel, and he's going to be around for a long, long time. In a new
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What David Leitch seems to be getting at is that Vanessa's death is what allows us to see beyond the jokes and the red suit to the person underneath when he's at his lowest low.
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Dakota Johnson Revealed How They Film Sex Scenes For "Fifty Shades" And It's Not Sexy At All the final Fifty Shades movie, Fifty Shades Freed, is now out. The trilogy has officially come to an
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When asked about her character, Ayo's, queer erasure and lack of romantic attachment in Black Panther, actress Florence Kasumba told Vulture, "I'd love to [explore that], at some point. Not
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Aquaman Reviews: What CinemaBlend Thought Of The New DC Movie. Previous Aquaman Reviews: What CinemaBlend Thought Of The New DC Movie. Leave a Reply Cancel reply.
'Aquaman' Film Review - Best movies reviews
getmoviesnews.com/movies/aquaman-film-review/
'Aquaman' Film Review. At one point or another, there was a moment where you heard someone joke about DC Comics' resident underwater hero, Aquaman. Upon debuting in the 1960's, the character was the butt of endless jokes about his fish companions and judged for his apparent limited practicality of his marine powers.
Aquaman Has Screened, Here's What People Are Saying
getmoviesnews.com/movies/aquaman-has-screened-heres-what-people-are-saying/
Aquaman Has Screened, Here's What People Are Saying. Our last visit to the DC Extended Universe was in Justice League, which received mixed reviews and ultimately failed to impress at the box office. But now the superhero franchise is entering a new era, which is being kicked off by Aquaman, featuring Jason
What DC Should Do With Justice League 2 Following Aquaman's
There's a lot to unravel about the ending of Avengers: Infinity War, so why don't we start with what's up with those Infinity Stones. Subscribe To What Happened To The Infinity Stones At The End
What Happened At The End Of 'Avengers: Infinity War'? That
Now following weeks of speculation, it's been confirmed that A Quiet Place 2 is moving forward. Paramount Pictures chair Jim Gianapolus announced that A Quiet Place 2 had been given the green
A Quiet Place 2 in Development at Paramount | Collider
collider.com/a-quiet-place-2-paramount/
At CinemaCon, Paramount chairman-CEO Jim Gianopulos told the crowd that the studio was moving forward on A Quiet Place 2; the original has been a smash hit.
Paramount Moving Forward With A Quiet Place Sequel | 411MANIA
There's a slew of new Avengers: Endgame TV spots with never-before-released footage from the film. Directed by Joe and Anthony Russo with the story written by Christopher Markus and Stephen McFeely, the upcoming film is the 22nd entry to the MCU, which started in 2008 with Jon Favreau and Robert Downey Jr.'s Iron Man.
Avengers End Game New Leaked Footage - YouTube
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