Deadline - If you think that The Girl With The Dragon Tattoo was a hit, then talk to MGM Holdings CEO Gary Barber. His company co-financed the film, and although it has generated about $231M at worldwide box offices he tells investors who own MGM’s unlisted shares that “it is below our expectations and we booked a modest loss.” The company wouldn’t say how much it wrote down, but Barber notes that execs ”were hoping we’d do 10% more than we did.” MGM has an option to co-finance the other two films in the trilogy and is talking to Sony about following through “assuming we can achieve better economics.” He was much more upbeat about the early performance of 21 Jump Street, which MGM also co-financed. “We expect it to be profitable,” Barber says. He adds that ”MGM has entered 2012 as a revitalized company.” He declined to describe MGM’s strategy but says it is “evaluating all options.”
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The Shrek universe began in 2001 and became a massively successful IP. But how does every movie in the Shrek universe rank?
As long as it has the same cast in the sequels, ill be happy
Very curious to see if Fincher decides to stay or not.
I don't understand how a movie like this is at a loss when it made that much money....someone in the business department is charging too much.....
They have all sorts of tricks like selling distribution and marketing to themselves so they can say we lost tons on ads. Dvd sales will net a nice profit.
They need to shoot the next ones back-to-back to save some money and cut the budgets a bit.