"Superman" costs
The fact that director Bryan Singer said on "Sunday Morning Shootout" a while back that the cost for Superman Returns is over $250 million makes the $263 million estimate calculated by Entertainment Weekly's Jeff Jensen seem more reliable than the $209 million estimated provided by the Wall Street Journal's Kate Kelly. A big chunk is due to costs run up by previous would-be Superman directors Tim Burton ($25 to $30 million), Brett Ratner (between $12 and $20 million), and McG (between $12 and $20 million).It's all in a pretty good sum-up by Hollywood Wiretap's Stephen Saito.
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Posted by Jeffrey Wells on June 23, 2006 at 10:23 AM
comment #1
Mike Gebert says ...
It's silly to attribute those costs to Singer's movie. Singer's movie is what will get them out of that hole, not the reason WB execs are in it.
It is truly astonishing, by the way, that you can spend $49 million to 70 million NOT making a movie.
Posted by Mike Gebert at June 23, 2006 10:37 AM
comment #2
lesterg says ...
God help the employees of Warner's marketing department if this film fails. After Poseidon - they need a quick rebound.
Posted by lesterg at June 23, 2006 1:16 PM
comment #3
Daniel Zelter says ...
B.S. How can you incur costs from productions which never even got off the ground?
Posted by Daniel Zelter at June 23, 2006 1:24 PM
comment #4
Jason says ...
It is probably all for tax reasons, therefore they can claim a movie only made X amount of profit.
Posted by Jason at June 23, 2006 1:53 PM
comment #5
Alan says ...
$20 million of that is from Nicolas Cage's pay or play deal when he was cast as Superman. He got paid whether the film was made or not. I imagine Burton got the same deal.
Posted by Alan at June 23, 2006 2:06 PM
comment #6
Josh Ehrnwald says ...
Though didn't Cage eventually hand his $20M paycheck back to Warner Bros. to "cultivate a good future relationship" with them?
Still, this whole foofaraw's got nothin' on the German tax-loopholes that allow folks like Uwe Boll to flourish.
Posted by Josh Ehrnwald at June 23, 2006 3:10 PM
comment #7
Dixon Steele says ...
Zelter: How can you incur costs from productions that never got off the ground?
Are you really that clueless? (Yes).
It's the SAME PRODUCTION.
Duh.
Posted by Dixon Steele at June 24, 2006 9:49 AM