‘Godzilla vs. Kong ‘has already made a profit thanks to its monstrous box office



After two weekends, Godzilla Vs Kong has helped revive the global box office in recent weeks. Warner Bros. has had the biggest hit of the pandemic era, and the kaiju movie has made many believe that we may be on our way to relative normalcy in the industry. For this, the studio is expected to be handsomely rewarded, as the fourth entry in the MonsterVerse franchise is expected to generate a healthy profit.

According to a new report, Godzilla vs. KongAs of this writing, it has racked up just $ 358 million at the global box office thus far. That includes $ 70 million from national theaters. It is extremely important to note that the movie is available on HBO Max in the US at no additional cost to subscribers. So that number is particularly encouraging, as it indicates that people are ready to head back to theaters. Overall, $ 131.4 million of that money is expected to go back to the study. The film, directed by Adam Wingard, has a production budget of $ 160 million. Marketing was estimated to be around $ 70 million.

RELATED: Godzilla vs. Kong Producer has several ideas for future MonsterVerse movies

Other sources of income are estimated as follows; $ 60 million from international TV deals, $ 65 million from home entertainment at home, $ 25 million from home entertainment abroad, and $ 45 million from pay and free TV. That brings total revenue, without another box office penny, to just over $ 326 million. This means, Godzilla vs. Kong He has already made $ 96 million in profit. That doesn’t take into account factors like overhead and interest. Be that as it may, it seems that Warner Bros. has a good success on its hands. And it’s worth noting that they bought the Legendary portion of the movie to get approval for the HBO Max deal. So they are not sharing the profits with Legendary.

Of course, these are estimates, but they show that the long-awaited showdown between Godzilla and King Kong did what no other movie has been able to do in over a year. A big-budget blockbuster was able to break into the global market and get enough meat on the theater seats to be profitable. A huge list of blockbusters from all the Hollywood studios has been on the shelf gathering dust for fear of not being able to make enough money. While we are not totally safe, it seems that we have turned a corner. Hopefully this means fewer release date delays and a healthy slate of movies hitting theaters this summer.

As for the future of MonsterVerse, it remains uncertain. After Godzilla from 2014, Kong: Skull Island from 2017, Godzilla from 2019: King of the Monsters and now Godzilla vs. Kong, there is no official news about what will come next. If something. Ideas have been sparked, but nothing has been announced. Undoubtedly, Warner Bros. would like things to continue, but ultimately it all comes down to Toho, who controls the franchise. For now at least, the studio can enjoy the ever-important success they are currently enjoying. This news comes to us through Term.

Topics: Godzilla Vs King Kong, Monsterverse, Box Office, Cinemas


Reference-movieweb.com

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