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1990. Warner Bros., a leading film company in Hollywood, was filming a low-budget comedy film for $10 million.
However, as the story increased considerably during filming, the amount ended up being overpriced.
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(2)Can’t you understand the cost of producing this much?
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(2)It’s not like we asked for 25 million dollars.
Director Chris Columbus shot the movie with a budget of $10 million, but it was over $4 million, so he asked for an additional budget.
For reference, director Chris Columbus…
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He is the screenwriter of The Goonies, which earned $125 million worldwide on a production cost of $19 million.
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Before that, he was also the screenwriter for Gremlins.
The additional budget he wanted was about $3.5 million, and he asked Warner Bros. to provide only about $4 million more from the $10 million film.
But Warner…
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Warner Bros. actually ordered the production to stop filming because it was over budget and threw the project over.
From the beginning, I was trying to make a low-budget comedy film, but I couldn’t afford to go over the budget.
I thought this movie would disappear after that…
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Producer John Hughes talked about the current filming situation at Warner, and told an executive at Warner’s rival company, 20th Century Fox, ‘If we don’t get an increase in budget for this, it will collapse.’ He said.
And 20th Century Fox looked at the script and said it looked like it would be a success, and if Warner Bros. turned down the project, we would buy the rights and distribute it. contracted.
The movie received additional budget from Fox and was finished filming with a total of $18 million…
…
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Released in November 1990, it grossed $476.6 million worldwide.
1st place in North American box office in 1990
2nd highest grossing comedy movie of all time (1st place is The Hangover 2)
It is said that before Jurassic Park, it was the 3rd highest-grossing film in North America of all time (1st place was ET, 2nd place was Star Wars: A New Hope).
Regardless, what would have happened if Warner had provided an additional budget of $3.5 million, which is a total of $4 billion?