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'Solo' Will Lose $50+ Million In First Defeat For Disney's 'Star Wars' Empire (hollywoodreporter.com)
Zorro shares a report from The Hollywood Reporter: To borrow one of Han Solo's lines from Star Wars: The Force Awakens, "That's not how the Force works!" It's an apt way to sum up the troubled performance of Solo: A Star Wars Story. In one of the biggest box-office surprises in recent times, Solo is badly underperforming and will become the first of the Star Wars movies made by Disney and Lucasfilm to lose money. Wall Street analyst Barton Crockett says Solo will lose more than $50 million. Industry financing sources, however, say that figure could come in at $80 million or higher, although no one knows the exact terms of Disney's deals for home entertainment and television, among other ancillary revenues.
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Don't know if you noticed but last jedi toys are still roting on the shelfs ...Walmart has tons toys r us has crap tons even youtube videos where 80% price cut they are still sitting ..gonna take a long time for 250 million+ loss
Actually, it seems that Abrams had an outline for Ep. VIII written but Rian decided to completely ignore it and write his own story.
"How can a movie that grossed $475 million on a $32 million budget not turn a profit? It comes down to Tinseltown accounting. As Planet Money explained in an interview with Edward Jay Epstein in 2010, studios typically set up a separate "corporation" for each movie they produce. Like any company, it calculates profits by subtracting expenses from revenues. Erase any possible profit, the studio charges this "movie corporation" a big fee that overshadows the film's revenue. For accounting purposes, the movie is a money "loser" and there are no profits to distribute.
Confused? Imagine you're running a lemonade stand with your buddy Steve. Your mom says you have to share half your profits with your sister. But you don't wanna! So you pretend your buddy Steve is actually a corporation -- call him Steve, Inc -- charging you rent for the stand, the spoon, etc. "Dang, mom, I don't have any profits, I had to pay it all to Steve, Inc!" you say when you come home. But the money isn't gone. It's as good as yours -- in your best friend's pocket."
https://www.theatlantic.com/bu...