this post was submitted on 07 Nov 2024
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“On Borderlands, nearly everything that could go wrong did go wrong: it sat on the shelf for “On Borderlands, nearly everything that could go wrong did go wrong: it sat on the shelf for too long during the pandemic, and reshoots and rising interest rates took it outside the safety zone of our usual strict financial models,” Feltheimer said. With a budget of around $120 million, Borderlands stands to lose the studio a lot of money. Although Lionsgate did mitigate some of the risks by selling foreign rights, sources told Deadline that Borderlands could still lose as much as $30 million. “The success of our financial models doesn’t take the place of also getting the creative right,” Feltheimer added long during the pandemic, and reshoots and rising interest rates took it outside the safety zone of our usual strict financial models,” Feltheimer said. With a budget of around $120 million, Borderlands stands to lose the studio a lot of money. Although Lionsgate did mitigate some of the risks by selling foreign rights, sources told Deadline that Borderlands could still lose as much as $30 million. “The success of our financial models doesn’t take the place of also getting the creative right,” Feltheimer added

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[–] shoulderoforion@fedia.io 12 points 1 week ago

Whenever they say "the studio mitigated it's losses", that just means they sold the rights to others who then lost money because the movie bombed, it's not like the studio conjured it out of thin air, and all the foreign rights deals are with partner companies the studio will be looking to sell other rights to other movies to in the future, won't those rights partners look for a discount after taking the rights to failures and finding them less than worthless, lots of moving parts