Warbird Productions II UK Limited
| Date | Cost of Sales | Film Tax Credit | Net |
|---|---|---|---|
| Oct 22 – Sep 23 | £ 85,894,771 | £ 9,259,765 | £ 76,635,006 |
| Oct 21 – Sep 22 | £ 118,226,441 | £17,101,154 | £ 101,125,287 |
| Aug 2020 – Sep 2021 | £ 103,540,949 | £16,646,411 | £ 86,894,538 |
| Total | £ 307,662,161 | £43,007,330 | £ 264,654,831 |
| Date | Cost of Sales | Film Tax Credit | Net |
|---|---|---|---|
| Oct 22 – Sep 23 | $ 104,808,800 | $11,298,765 | $ 93,510,034 |
| Oct 21 – Sep 22 | $ 132,082,580 | $19,105,409 | $ 112,977,171 |
| Aug 2020 – Sep 2021 | $ 141,571,540 | $22,760,638 | $ 118,810,902 |
| Total | $ 378,462,919 | $53,164,812 | $ 325,298,107 |
all USD conversions are done as of the final pay of reporting period.
The fact they spent over $100M on the final year of production (taking place after the initial publicized round of reshoots) seems to indicate more rounds of reshoots, post-production crunch, etc. The reported final budget in the trades was 270M.
Disney's fiscal year ends at the end of September so we're getting a rush of film tax credit information filings in addition to pre-end of year cost cutting. The Little Mermaid was the first a few weeks ago and Snow White was second (and the Acolyte) dropped a day or two before the sep 30 deluge and there are a number of interesting projects that are due to drop filings today.
I'm not going to make a separate post on Ant-Man 3 (because spending would cover a month pre-release and 11 months post so contingent payment revenue is going to be too messily folded in) but that film registered 38.8M pounds of spending in 2023 registering a 4.5M pound tax credit. That's a net of 41.8M against a prior net budget of roughly 275M. When you factor in the rough way we're estimating currency conversions and whatever percentage of 41.8M going to actual production there's a plausible story to tell where both of Marvel's 2023 bombs had a budget in excess of 300M.
by SilverRoyce
4 Comments
It will take quite some time for a bigger box office bomb than *The Marvels* to arrive. This entire movie, from conception to release, was a catastrophic failure that could’ve been prevented.
The biggest bomb I have ever seen. At least it cost 100 million less than Multiverse of Madness production budget though.
This thing once again validated Ike Perlmutter’s words of female heroes not selling. Which itself is bad enough already.
I have up on the MCU years ago. I sometimes want to see this spectacular bomb.