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Post by hardball on Apr 28, 2017 23:32:26 GMT
According to Deadline, Sony Pictures is $719 million in the red, a development caused mainly by underperformance at the box office. Would-be smashes like the Ghostbusters reboot and The Magnificent Seven remake posted low worldwide totals for their respective budgets, coming in at $229 million and $162 million. The pricey sci-fi romance Passengers fared somewhat better, but still was arguably not worth the $110+ million investment. Sony had better luck with smaller-budgeted works like the animated hit Sausage Party, which made $136.4 million, but that clearly wasn’t enough to save face. Sony is in bad shape. It remains to be seen how their 2017 slate performs, but things didn’t turn out the way Sony had hoped in the first quarter. Family film Smurfs: The Lost Village has only managed $135.3 million worldwide, and even sci-fi drama Life, made for the moderate cost of $58 million didn’t make an impression. Looking over the next few months, the studio will be holding out hope The Emoji Movie breaks through, and they still have their Marvel Studios collaboration Spider-Man: Homecoming coming through the pipeline. Other titles like The Dark Tower (severe lack of marketing) and Jumanji: Welcome to the Jungle (close proximity to Star Wars: The Last Jedi) remain huge question marks and ultimately may not pan out. Homecoming is obviously the surest bet, but the studio needs more than one success story. Recently, Sony has been developing their own collection of Marvel films – such as Venom and Black Cat & Silver Sable – that are reportedly disconnected from the MCU. The theory is that they’re doing this in order to make Sony Pictures seem more appealing for potential buyers in a sale, since they would then have a go-to franchise to help bolster revenue. Source
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Post by politicidal on Apr 29, 2017 0:20:44 GMT
I'll never give WB shit (much). That's embarrassing.
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Post by darkpast on Apr 29, 2017 0:28:59 GMT
I'm sure Paramount is doing worse with huge bombs Ben Hur and Monster Trucks
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medjay
Sophomore
@medjay
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Post by medjay on Apr 29, 2017 10:26:15 GMT
How much of the Don't Breathe profits did they get? I accidentaly supported them when i am boycotting them for their political idiocy. Fuck!!!!!!
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Post by CowherPowerForever on Apr 29, 2017 12:49:10 GMT
Wow, Sony is in very bad shape. This is just embarrassing. If they had a solid lineup coming soon it wouldn't be as bad, but they don't.
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ashverses
Sophomore
@ashverses
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Post by ashverses on Apr 29, 2017 14:57:49 GMT
They should just continue letting Kevin Feige keep creative control of Spider-Man. Spider-Man looks like it could be quite profitable, thanks to Marvel. They would be out of their minds to discontinue their mutually beneficial partnership.
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Post by thisguy4000 on Apr 29, 2017 15:07:04 GMT
Yikes. Good thing they have an MCU Spider-Man film coming up, but that alone probably won't save them.
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Deleted
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@Deleted
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Post by Deleted on May 17, 2017 13:30:07 GMT
Wow. I didn't know Sony's film division was in such a bad condition.
I think they should drop Black Cat & Silver Sable and get the rights for Jessica Drew off Marvel to make a Spider Woman movie. Black Cat and Silver Sable are nowhere near as popular as Spider Woman was when she first came out with her own series by Archie Goodwin in the late 70s and early 80s. Maybe they should try and make sequels of other popular movies they made that people wanted sequels of but never got them. If not perhaps they should just focus on their music division. Last time I checked Sony BMG are still the second biggest record label in the world.
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medjay
Sophomore
@medjay
Posts: 668
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Post by medjay on May 18, 2017 7:56:48 GMT
Learn not to make mass appeal properties political Sony.
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Deleted
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@Deleted
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Post by Deleted on May 25, 2017 17:29:00 GMT
What will save them is a sequel to Last action hero !!!😣😣😣😣😮😮😮😮😨
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