Costliest Motion Picture Released Since 2015 Not Linked to Tom Cruise's 'Mission''s Box Office Success.
Whoa, 'Mission: Impossible - The Final Reckoning' ain't the priciest picture in town, despite its hefty $400 million budget! That's right, according to the folks at The Hollywood Reporter, this blockbuster still pales in comparison to other films produced in the past decade.
Sure, COVID-19, industry strikes, and other factors bumped up the cost of 'The Final Reckoning'. But it could've been even more expensive if not for some sweet tax incentives and rebates from various countries. To put it into perspective, this film could've been edged out by a pair of other major film franchises with sequels costing more than the reported budget.
Let's dive into the past and focus on two films that outdid Cruise's latest stunt-fest. First up is 2018's 'Jurassic World: Fallen Kingdom', which had a production budget of roughly $432 million. Now, this dinosaur-filled blockbuster may have drained some serious cash, but it more than made up for it at the box office. Nabbing nearly $418 million in North American theaters and $890 million internationally, 'Jurassic World: Fallen Kingdom' raked in a whopping $1.3 billion worldwide.
But, if that ain't enough, let's talk 'Star Wars: The Force Awakens', the film that sent Star Wars fans into a tailspin back in 2015. This epic sequel had an even bigger production budget of approximately $447 million. Once again, the Force was strong with this film, earning $936.66 million domestically (the highest-gossing domestic film of all time, before adjusting for inflation) and a massive $1.119 billion internationally for a total worldwide gross of an impressive $2.056 billion.
Now, before you think 'The Force Awakens' had a budget of $533.2 million, as reported by some, that number actually includes marketing costs. Thus, we can safely say it had a production budget of about $447 million, thanks to The Numbers and senior Forbes contributor Caroline Reid's detailed analysis.
As for 'Mission: Impossible - The Final Reckoning', its final box office gross is yet to be determined, but it's off to a good start, earning $363 million worldwide since its May 23 release. Keep in mind though, this total will be split with theater owners, and there's still the film's marketing costs to consider.
So there you have it, Cruise's 'Mission: Impossible' may seem extravagant, but when placed alongside 'Jurassic World: Fallen Kingdom' and 'Star Wars: The Force Awakens', it's just another day at the office for Hollywood bigwigs!
Despite Tom Cruise's 'Mission: Impossible - The Final Reckoning' budget being $400 million, it's relatively moderate compared to some major film franchises, such as 'Star Wars: The Force Awakens' ($447 million) and 'Jurassic World: Fallen Kingdom' ($432 million). In terms of investing and finance within the entertainment business, these high-budget movies often generate significant returns through box office earnings, making them financially valuable despite their initial hefty costs.
