Geez. The folks at EuropaCorp are putting everything on the table with Luc Besson’s upcoming sci-fi epic Valerian And The City Of A Thousand Planets.
According to CinEuropa, the film (which is a 100% French production) costs 197 million Euros to make, which equals out to around $210 million. Just so you get the picture, the third film in the Transformers franchise had a budget of just $195 million.
Valerian is officially the most expensive production in French film history, and it’s not even really close. The previous number one spot was held by Asterix at the Olympic Games, which was made for a little under $83 million. By the way, that film did not perform well. It received an award for worst French film made in 2007.
Valerian’s insane budget shouldn’t be too surprising. It’s a sci-fi film for one. That’s always going to increase the budget. In addition to that, it’s also packed with an extremely talented cast: Ethan Hawke, John Goodman, Cara Delevingne, Dane DeHaan and Rihanna.
It’s difficult to see how the production company is going to get their money back. I don’t see this movie pulling in over $400 million (it’s often said that a film needs to make twice its production budget to break even) at the box office.
We’ll see what happens. There are a lot of people excited about this movie. If it gets off to a great start, with positive reviews from critics, then it’ll be set up for a nice run.
But if not?