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Halo Movie May Happen After All

Posted by timothy on from the you-must-care-about-this dept.

spizkapa writes "On the back of the story about the Halo competition, Microsoft are reported to have reached a deal with Universal Pictures and Twentieth Century Fox to make a movie based on Halo and Halo-2. Apparently, Microsoft initially wanted $10 million plus 15% of the box office revenue but the deal was struck when the two studios teamed up and offered $5 million and 10% of initial box office revenue. Apparently, the formal announcement will take a further week after creative issues are agreed between the three parties involved."

1 of 234 comments (clear)

  1. Good Negotiating Tactics by MBraynard · · Score: 5, Informative
    It's always wise to begin the negotiations by asking for too much that the other side can back away from than risk asking for too little. This was one of the more worthwhile lessons from one of the tasks in the Apprentice Season 3.

    This movie is by no means a guaruanteed success. Let's take a look at the last few video game movies (Ignoring Pokemon):

    • Resident Evil - Gross: $40m (Domestic), Costs: $53m.
    • Resident Evil: Apocolypse - Gross: 51m (Domestic), Costs: $70m.
    • Super Mario Brothers - Gross: $21m (Domestic), Costs: $48m.
    • Mortal Kombat - Gross: $70m (Domestic) 52m (Overseas), Costs: $?m.
    • Mortal Kombat 2- Gross: $36m (Domestic) 15m (Overseas), Costs: $?m.
    • Tomb Raider: $131m (Domestic) $143m (Overseas), Costs: $115m (Production only, not marketing).
    • House of the Dead - Gross: $10m (Domestic) 4m (Overseas), Costs: $22m.
    • Double Dragon - Gross: $2m (Domestic), Costs: $?m.
    • Final Fantasy - Gross: $32m (Domestic) 53m (Overseas), Costs: $137m.
    • Street Fighter - Gross: $33m (Domestic) $66m (Overseas), Costs: $35m (production only, no marketing).
    • Wing Commander - Gross: $12m (Domestic), Costs: $30m (marketing not included).

    Ok, I'm sure I missed. But the one that Halo most resembles in terms of popularity and a big budget is Final Fantasy. I really enjoyed that film, and I'm unsure why it did so poorly. But from MS's point of view, they have nothing at risk financially (maybe a lousy movie - and that didn't hurt the popularity of Mario's games). Expect to see trailers for Halo3 at the start of the HAlo Movie.