Multiple studios (including Paramount, Skydance and Disney) put a lot of money into this new Terminator film, Dark Fate. The movie worked with a budget of $185 million, with an additional $80 million for marketing.
The sixth film in the franchise was hoping to be a box office hit, but unfortunately it made just $29 million during its opening weekend in the states.
That was enough to take the top spot at the box office, but that’s not providing the studios with much comfort.
Unless ‘Terminator: Dark Fate’ sees an exceptionally strong hold in the coming weeks, sources at rival studios estimate the movie could lose $100 million theatrically. It will be able to earn back some of that money in television and streaming licensing deals, as well as through home entertainment sales and rentals.
The good news is that the loss will be split between the three studios, so it’s not just one studio taking the huge loss. They were hoping the film would clear $450 million or possibly even $500 million worldwide, but insiders say it’ll be lucky to reach $200 million.
Hopefully this will put an end to these Terminator reboots/sequels…whatever the hell they are. No one wants them.[mashshare]