Subject of the day: Wonder Woman 1984 and Cinema’s Future

0

Please see

Pictures
Photos

Skip to Photo Next

1/1 and 1/1

Show caption

1/1 and 1/1

The superhero adventure “Wonder Woman 1984” has scored the biggest coronavirus period box office and may set the pattern and budgets for future releases of blockbusters.

Who is she and why is she so amazing?

She’s an actress, Gal Gadot, and she’s wonderful because she’s best known as Princess Diana of Themyscira when she’s in a suit and boots, aka Wonder Woman, an Amazonian goddess who, with her sparkling lasso of reality, scares away all sorts of good-for-nothings. She has been among the most famous characters in the DC Comics universe since her first appearance in 1941. Since 2017, when director Patty Jenkins staged a reboot set against the backdrop of the First World War, she has only been around in the role of Gadot. The sequel is Wonder Woman 1984 and features the ageless Diana, who now works at the Smithsonian Museum as an anthropologist. 1984. In 1984,

How big of a box office haul is that?

The film was released on Christmas Day in the U.S. and Canada and, according to Variety, grossed £ 12.3 million over its opening weekend. Add to that 29.1 million pounds in international box office revenue after the film was released in 39 nations starting in mid-December. Of that number, half came from China.

What was the budget of the film?

The kicker’s here. It may have been the “biggest opening weekend in the era of the corona virus,” but the film is unlikely to recover its budget of £ 148 million anytime soon. The same fate occurred with the other 2020 blockbuster, the stunningly complex thriller Tenet by Christopher Nolan. To date, the movie has grossed £ 273 million, which is more than its budget of £ 151 million, but not enough to cover the expense of publicity and advertisement.

Is there a pandemic to blame?

Yeah, that’s it. When the U.K. published Wonder Woman In 1984, on December 16, just around a quarter of the cinemas were open. With the Scottish mainland now practically cut off at level four and vast stretches of the rest of the UK, there are hardly any cinemas available. In response, Studio Warner Bros. agreed to release Wonder Woman 1984 on the HBO Max streaming platform on the same day it entered U.S. theaters, and the studio subsequently announced on the basis of that strategy that all of its 2021 releases would follow the same pattern. In other words, on the day they are released, moviegoers will no longer need to leave the comfort of their sofa to enjoy the new blockbusters. For the studios’ bean counters, the findings so far are interesting and encouraging: at HBO Peak, viewing hours per customer tripled over the Christmas season, and almost half of all subscribers watched the Wonder Woman 1984 film on Christmas Day.

Is TV the future of film, then?

It looks very much like it at the moment, with streaming companies such as Netflix pouring more and more money into film making, and major movie studios switching to digital home video releases, but if you can’t charge consumers £ 10 to go to the movies, budgets will have to be updated downwards to accommodate the transition.

Share.

Leave A Reply