Image: MGM

The overall costs for Daniel Craig’s swansong as James Bond may prevent it from breaking even. Most would consider earnings of over $730 million a stunning success, but despite impressive ticket sales, No Time to Die could still stand to lose millions for MGM. Industry sources say the film may be as much as $100 million in the red.

However, the movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone over 16 months. Insiders say No Time to Die needs to make closer to $900 million to break even, a feat that would have been realistic had a global health crisis not entirely upended the theater industry.

MGM has stated that the movie has broken even and even made money. A spokesperson said that “unnamed and uninformed sources suggesting the film will lose money are categorically unfounded and put more simply, not true.” They elaborated on the movie’s performance at the box office and PVOD.

The film has far exceeded our theatrical estimates in this timeframe, becoming the highest grossing Hollywood film in the international marketplace and passing F9 to become the highest grossing Hollywood film since the pandemic. With the PVOD release of the film already doing stellar home viewing business, all while continuing to hold well theatrically, No Time To Die will earn a profit for MGM, both as an individual film title and as part of MGM’s incredible library.

Despite the statement, the actual costs may be closer to what the unnamed insiders have claimed. MGM was negotiating with Apple and Netflix for a same-day streaming debut at one point, but the deal never panned out due to MGM wanting $600 million. With such a high asking price, it would seem the studio needed a higher amount of revenue to cover its costs and expected sales.

Source: Variety (via GFR)

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Peter Brosdahl

As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my...

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13 Comments

  1. That math seems to be seriously flawed but I don’t realy care, this franchise has been pretty stale since forever as far as I’m concerned.

    I have seen most of them troughout the years but I never realy found them anything special, maybe if I was born a couple decades earlier.

  2. This paragraph makes no sense to me:

    [QUOTE]
    However, the movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone over 16 months. Insiders say [I]No Time to Die[/I] needs to make closer to $900 million to break even, a feat that would have been realistic had a global health crisis not entirely upended the theater industry.
    [/QUOTE]

    Alright, so, $250M + $100M + “tens of millions more” (at most $99M, otherwise you are in the hundreds of millions?)

    That gets us to at most $449M, not $900M.

    [ATTACH type=”full” width=”341px”]1349[/ATTACH]

  3. [QUOTE=”Zarathustra, post: 44444, member: 203″]
    This paragraph makes no sense to me:

    Alright, so, $250M + $100M + “tens of millions more” (at most $99M, otherwise you are in the hundreds of millions?)

    That gets us to at most $449M, not $900M.

    [/QUOTE]

    I was thinking about that too, but then I figured, getting 730 milion in ticket sales is not the same as the studio getting that amount, I have no idea how big a chunk the theatres get.

  4. [QUOTE=”Denpepe, post: 44446, member: 284″]
    I was thinking about that too, but then I figured, getting 730 milion in ticket sales is not the same as the studio getting that amount, I have no idea how big a chunk the theatres get.
    [/QUOTE]
    Theaters get boned. They need concession sales to even break even on operating costs. I don’t know the exact numbers but when I worked at a theater back in the 1990’s I heard that we only made roughly about a $1.15 on each ticket or something like that.

  5. [QUOTE=”Zarathustra, post: 44444, member: 203″]
    This paragraph makes no sense to me:

    Alright, so, $250M + $100M + “tens of millions more” (at most $99M, otherwise you are in the hundreds of millions?)

    That gets us to at most $449M, not $900M.

    [ATTACH type=”full” width=”341px” alt=”1638224484970.png”]1349[/ATTACH]
    [/QUOTE]
    That reminds me, today is my Walmart shopping day and I was just noticing the TP pricing mystery a few weeks ago. I thought I was the only one confused. 😉

  6. Maybe it’s time for Bond to go into hibernation for a decade or 2. I thought Craig’s Bond was the weakest so far. I don’t hate him as an actor, but he just isn’t Bond to me.

    If they replace him with a chick I’m totally done.

  7. [QUOTE=”Burticus, post: 44456, member: 297″]
    Maybe it’s time for Bond to go into hibernation for a decade or 2. I thought Craig’s Bond was the weakest so far. I don’t hate him as an actor, but he just isn’t Bond to me.

    If they replace him with a chick I’m totally done.
    [/QUOTE]
    Yea I’d totally hate to see a hot chick screwing her way to bad guys and kicking their ass. Man it would be like that shit movie Atomic Blonde all over again…

    Wait… Atomic blonde was AWESOME.

    What I don’t want is some half ass non physical woman actress who fucking guilts and sues her way to take out whatever Villain there may be. Maybe even a scene where she starts to complain about being a Sex object to M and M(other) says. “Shut your trap or wear a burka and stop flashing your assets and wearing suggestive outfits if you don’t want to be seen as a sex object you git.” “Oh and if you do that you’re fired I need an agent willing to do whatever it takes to get the job done. You’re a Double O agent with a license to Kill taking over the role that has only been held by the best of the best willing to sacrifice themselves for the mission. If you can’t take a bit of ogling you certainly won’t pass muster when pressed in the field.”

  8. [QUOTE=”Grimlakin, post: 44468, member: 215″]
    Yea I’d totally hate to see a hot chick screwing her way to bad guys and kicking their ***. Man it would be like that **** movie Atomic Blonde all over again…

    Wait… Atomic blonde was AWESOME.

    What I don’t want is some half *** non physical woman actress who ****ing guilts and sues her way to take out whatever Villain there may be. Maybe even a scene where she starts to complain about being a Sex object to M and M(other) says. “Shut your trap or wear a burka and stop flashing your assets and wearing suggestive outfits if you don’t want to be seen as a sex object you git.” “Oh and if you do that you’re fired I need an agent willing to do whatever it takes to get the job done. You’re a Double O agent with a license to Kill taking over the role that has only been held by the best of the best willing to sacrifice themselves for the mission. If you can’t take a bit of ogling you certainly won’t pass muster when pressed in the field.”
    [/QUOTE]
    Atomic blonde was a surprise treat. I wasn’t expecting it to be great, but it was.

    That said, it wasn’t Bond. And that is fine. Franchises can be different and still good. That doesn’t mean they are the same or even good if merged.

  9. I guess the real question is, is the Franchise “Bond”, of which there can only really be James, or “007”, of which could be many different people.

    I think the answer is not binary, to steal a LGBBQ term.

  10. [QUOTE=”Grimlakin, post: 44468, member: 215″]
    Yea I’d totally hate to see a hot chick screwing her way to bad guys and kicking their ***. Man it would be like that **** movie Atomic Blonde all over again…

    [/QUOTE]
    They should make Atomic Blonde 2, and not retcon James Bond. Problem solved.

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