"Terminator" may not be available soon. "Dark Fate", the latest installment in the sci-fi series, faltered at the box office and is considered a big money loser for Paramount, Skydance and Disney, the studios that support the budget-priced Tentpole.
The sixth "Terminator" entry premiered at a staggering $ 29 million in North America and $ 102 million overseas. This disappointed figures for a film whose production cost $ 185 million, plus $ 80 million to $ 100 million in worldwide marketing and distribution fees. Unless "Terminator: Dark Fate" hits exceptionally well in the coming weeks, the movie could lose $ 100 million in the movies, according to sources in competitor studios. It will be able to recover some of that money through television and streaming licensing agreements, as well as home entertainment sales and rentals.
Paramount, Skydance and Disney (via 20th Century Fox) co-financed the film, meaning all potential damage is shared among the Hollywood companies. The three studios each provide 30% of the budget, and China's Tencent contributes the remaining cash. According to box office experts, the film must earn around $ 450 million to break even, but "Terminator: Dark Fate" is projected to end its box office box with uninspired $ 1
Paramount and Skydance, the responsible companies For the release of "Dark Fate" inland, it was hoped that the newest film in North America would go for over $ 40 million. However, after expectations had not been met, insiders in competing studios suggested that "Dark Fate" is expected to reach triple digits in the US and US Maybe $ 70 million will not even be exceeded.
The film did not do much overseas, where it plays 80% of foreign markets. China was expected to be a key market for the release of Tentpoles, but it launched at an overwhelming $ 28 million. After a slow start, sources could have difficulty reaching $ 50 million in the area.
"You have made a bad decision to put this film in perspective with this particular budget," said Eric Handler, a media analyst at MKM Partners. "They clearly hoped that this franchise would resonate overseas, and that did not really do it."
The latest "Terminator" films – "Terminator Salvation" from 2009 and "Terminator Genisys" from 2015 – were both shot by critics and failed to recoup their expensive budgets. "Terminator: Dark Fate" was hailed as a return to form for the 35-year-old franchise and even landed a B + Cinemascore at the audience and a 69% average at Rotten Tomatoes. But not even the presence of the original stars Arnold Schwarzenegger and Linda Hamilton as well as the series creator James Cameron as producer could arouse the interest of the moviegoers. Despite largely positive reviews, critics said that the latest entry in the decade-long series, which was mined and demolished for numerous offshoots and TV shows, did not bring much new.
"This is an aging franchise with aging actors. and the ratings were mediocre, "said Handler. "As good as a franchisee may be, it does not have the same appeal right now."
In Dark Fate, Hamilton's Sarah Connor has to protect a young girl from a deadly new terminator of the future. Tim Miller ("Deadpool") directed the sequel to a screenplay by David S. Goyer, Justin Rhodes and Billy Ray.
"Terminator: Dark Fate" is the second high-profile dropout for Paramount and Skydance this fall after "Gemini" Man. "The Ang Lee staged action thriller starring Will Smith cost $ 135 million and has generated $ 153 million worldwide since its debut in October. Over the summer, Paramount's "Rocketman" scored a musical biopic about Elton John, which earned $ 195 million worldwide. It also brought modest success with the thrillers "Crawl" (90 million US dollars) and "Pet Sematary" (112 million US dollars). However, the two failures of "Gemini Man" and "Terminator: Dark Fate" end the year sour for Paramount: The only remaining movie release in 2019 is John Cena's comedy "Playing With Fire." Next up is Skydance as a team with Netflix for "6 Underground," an action thriller starring Ryan Reynolds, who launches on December 13th. For Paramount, the studio looks forward to the year 2020 and hopes to regain its former glory with the sequels of "A Quiet Place" and "Top." "