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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.
Should the opportunity arise, Ragnarok director Taika Waititi has revealed his idea for Thor 4's opening scene (spoilers: it involves Laura Dern).
Taika Waititi Has An Idea For Thor 4's Opening Scene | CBR
Now, fans can anticipate the film will feature much of its action underwater. Related: Aquaman Image Reveals Djimon Hounsou's SECOND DC Movie Role. According to JoBlo's set visit report, two-thirds of James Wan's Aquaman will take place underwater. The story will feature much of Arthur Curry's home, Atlantis.
Aquaman: Two-Thirds Of The Movie Takes Place Underwater
When the reboot of Hellboy was in the early stages of production, Ed Skrein was cast in the role of Ben Daimio. This caused a problem because Ben Daimio is a Japanese American while Ed Hellboy producer explains whitewashing controversy.
Hellboy Producer on the Whitewashing Controversy: "We Lost
collider.com/hellboy-reboot-whitewashing-controversy-explained/
'Hellboy' producer Lloyd Levin explains how the casting of Daimio went south, and why Ed Skrein's decision to exit paved the way for a course-correction.
Hellboy Producer Explains How the Film's Whitewash - cbr.com
The best intentions often come back to haunt you. MISSION: IMPOSSIBLE - FALLOUT finds Ethan Hunt (Tom Cruise) and his IMF team (Alec Baldwin, Simon Pegg, Ving Rhames) along with some familiar
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"Star Wars: The Last Jedi" pays a super heartbreaking homage to "A New Hope" More The Force Awakens included plenty of Star Wars Easter eggs and homages to the OG films — and
'Star Wars' Fan Finds Poignant Connection Between 'A New Hope
And, if netizens get their way, a Japanese Spider-Man will be joining in on the action. So, it's a good thing as one of the film's producers is on board with the addition. So long as one condition is met. Recently, online campaigns asking the crew behind Into the Spider-Verse to bring Japanese Spider-Man into the franchise. The initiative
Spider-Man: Into the Spider-Verse - Wikipedia
Now a new Endgame promotional image has been released showing off the original six of Earth's Mightiest Heroes in their costumes, and the highlight is Hulk finally getting his own duds after more than a decade. Whenever Hulk charges into battle, it's usually sans shirt and Bruce Banner's pants just barely fitting him.
Avengers: Endgame Banner Shows Off The Team's New Costumes
See Injured Daniel Craig Prepping To Return To Bond 25 Filming 16/06/2019 narinder 0 Comments Bond, Craig, Daniel, Filming, Injured, prepping, Return narinder 0
See Injured Daniel Craig Prepping To Return To Bond 25
Agent Coulson Was Originally Going To Have A Way Smaller Part In Iron Man, According To Clark Gregg Associated Press AP March 11, 2019 7:45 am March 11, 2019 Off 36 Share This Post
How Clark Gregg Played Young Agent Coulson in Captain Marvel
Suicide Squad is not as bad a movie as its rotten rating would have you believe. It has enough positive elements — particularly when it comes to its lead performances — to save it from being a total trainwreck and at the end of the day, it is marginally better than Batman v Superman: Dawn of Justice , which remains one of the worst movies
Suicide Squad 2: Everything you need to know - msn.com
Cameron Crowe's 1989 classic has permeated pop culture, but according to star Ione Skye, who played Diane Court to Cusack's Lloyd Dobler, its most iconic moment almost had a very different
6 Scenes We Love From 'Say Anything…' - Film School Rejects
While Us has been promised to be a terrifying time in the theater, Jordan Peele seems to think that non-horror fans will still enjoy the project. Namely, because there's still moments of fun in the movie that will outweigh the various jump scares and atmospheric tension.
Jordan Peele Says Us Has Enough Fun For Non-Horror Fans
Rampage opened wide in theaters this weekend, and a lot of people went out and saw the movie. At one special screening, Dwayne Johnson even showed up to surprise fans. One fan in particular got
The Awesome Way Dwayne Johnson Surprised One Young Rampage
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