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Hold your horses  Marr is one of the greatest guitarist of all time. So... We must wait!
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April 2021 was unreal.
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April 2021 was unreal.
Yep, agreed. I have no idea why they picked that date, it was never going to happen.
Theaters must be operating at 100% capacity for a movie like this to generate the revenue it needs to.
No matter how many screens you release a movie on in a deserted multiplex, if you're releasing in a fraction of the country, with only a fraction of seats allowed to be sold, and a large portion of people rightly afraid to go into a theater, you're not going to generate the money a movie like this needs to break even. The disastrous release of Tenet proved this definitively.
For movies like this, anything less than hundreds and hundreds of millions in US revenue is a catastrophic financial loss.
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April 2021 was unreal.
Yep, agreed. I have no idea why they picked that date, it was never going to happen.
Theaters must be operating at 100% capacity for a movie like this to generate the revenue it needs to.
No matter how many screens you release a movie on in a deserted multiplex, if you're releasing in a fraction of the country, with only a fraction of seats allowed to be sold, and a large portion of people rightly afraid to go into a theater, you're not going to generate the money a movie like this needs to break even. The disastrous release of Tenet proved this definitively.
For movies like this, anything less than hundreds and hundreds of millions in US revenue is a catastrophic financial loss.
I'm curious to see how the industry will thrive (or merely survive) post-pandemic, regarding new strains, uncertain vaccine spans, and more than a few around the world transforming into initiate introverts. In America, Netflix has already threatened to stream a new movie every week for all of 2021, and then there's Warner/HBO Max's new hybrid deal which will certain anger theater chains (and will be instantly forgiven, just like the Trolls 2 nontroversy, when they get a whiff that they need studios to live... just as studios have foreseen, mwa ha ha ha).
I was already personally warned back in 1995 by the theater scene in Outbreak. 
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Posted: |
Jan 14, 2021 - 4:03 AM
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By: |
Spymaster
(Member)
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April 2021 was unreal.
Yep, agreed. I have no idea why they picked that date, it was never going to happen.
Theaters must be operating at 100% capacity for a movie like this to generate the revenue it needs to.
No matter how many screens you release a movie on in a deserted multiplex, if you're releasing in a fraction of the country, with only a fraction of seats allowed to be sold, and a large portion of people rightly afraid to go into a theater, you're not going to generate the money a movie like this needs to break even. The disastrous release of Tenet proved this definitively.
For movies like this, anything less than hundreds and hundreds of millions in US revenue is a catastrophic financial loss.
Unfortunately, it's already been suggested here in the UK that even when the vaccine has been widely distributed, there will still need to be an element of social distancing - especially next Winter - because they're unsure about how it could be carried and spread - or indeed how strong the vaccine will be against further strains.
So even November 2021 might be optimistic if they're waiting for full cinemas.
Wonder Woman 1984 premiered on Sky and Amazon Prime (in 4K UHD) yesterday at £14.99
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So once again we will not get REAL music... I mean - for TND, LTK, MR.... 
I know what you're referring too, and I'm just as pissed as you are.
I think most of the Bond Music community know what you are referring to & I am also very frustrated by this, the film studios would not lose money but actually gain money even with a new
Film coming out especially the length of time NTTD is taking to be released ,I now think it will be 2022 before it is released, let’s hope all film studios have a re think on this matter but fear they are too set in their ways.
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Unfortunately, it's already been suggested here in the UK that even when the vaccine has been widely distributed, there will still need to be an element of social distancing - especially next Winter - because they're unsure about how it could be carried and spread - or indeed how strong the vaccine will be against further strains.
So even November 2021 might be optimistic if they're waiting for full cinemas.
Wonder Woman 1984 premiered on Sky and Amazon Prime (in 4K UHD) yesterday at £14.99
The problem with these behemoth movies is that they're designed around a model where they need to be record-breaking global blockbusters, selling out multiplexes for weeks, just to avoid losing money.
I mean Spectre made $880 million and was still widely considered a financial disappointment.
These movies cost $250 million or more just to shoot, and then there are the gargantuan marketing budgets, etc.
There's a reason MGM was trying to sell it for $600 million to streamers, who wouldn't bite. That's probably the bare minimum they need to break even.
This product (which is what any movie this big is) only works on a financial level with every theater in the world operating at full capacity.
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NTTD will be in cinemas only.
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NTTD will be in cinemas only.
I'm not sure if that's intended as an opinion or a hope, but either way, I think financial realities will decide that.
My understanding, and correct me if I'm wrong, is that MGM doesn't have the money the big studios do, so they have to make their films almost entirely with borrowed money. That money is borrowed based on expected revenue from the movie coming at at a certain date. That hasn't happened with the Bond film. The postponements of NTTD have been a financial disaster for MGM, as has been reported. It's way beyond the financial hits other studios have taken with postponements, which are mostly lost advertising spends.
It's why they reportedly approached Apple and Netflix about selling the film, only the asking price was too high. I know, it was also reported that the Broccolis, who own half the franchise, were not informed of this and were livid, but as the months tick away and this massively expensive product sits on a shelf, gathering dust and accruing interest, with no wide theatrical release in sight, it may prove financially impossible to wait until theaters reopen at 100% capacity.
Just saying.
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NTTD will be in cinemas only.
I'm not sure if that's intended as an opinion or a hope, but either way, I think financial realities will decide that.
My understanding, and correct me if I'm wrong, is that MGM doesn't have the money the big studios do, so they have to make their films almost entirely with borrowed money. That money is borrowed based on expected revenue from the movie coming at at a certain date. That hasn't happened with the Bond film. The postponements of NTTD have been a financial disaster for MGM, as has been reported. It's way beyond the financial hits other studios have taken with postponements, which are mostly lost advertising spends.
It's why they reportedly approached Apple and Netflix about selling the film, only the asking price was too high. I know, it was also reported that the Broccolis, who own half the franchise, were not informed of this and were livid, but as the months tick away and this massively expensive product sits on a shelf, gathering dust and accruing interest, with no wide theatrical release in sight, it may prove financially impossible to wait until theaters reopen at 100% capacity.
Just saying.
Perfectly said.
And really, this argument of "only in theatres" does not hold water anymore since the rise of home video and then streaming. Films needed cinemas for recouping their costs but without the home video/streaming market they would not be able to become profitable either.
Since 2020 the theatrical revenues have become dubious to say the least, and even with 2021 looking better due to vaccinations, it is sadly not realistic to count on the world wide box office to recover until 2022 at best. To insist on NTTD (or any film) to only be shown in cinemas (at first) is just a stubborn stance disregarding reality.
MGM wanted too much money for NTTD to go to a streamer because right from the start, long before the pandemic, they insisted on the film to break the one billion dollar barrier SKYFALL managed first. Whether NTTD could ever have done that is doubtful, actually, since SKYFALL had so many circumstances working in its favor that it seems to be a singular success, not to be replicated.
The reported 600 million dollars sought out will not be something a streamer will want to pay. Half of it seems more likely and still very high.
As I understand, EON rather wants to play patient because they want their unhappy relationship with MGM to end. Which means: MGM has to be sold before NTTD will go to the next owner and then, should the pandemic still rage, go on to the streamer of their choice.
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I think a hybrid option is most likely.Perhaps released in cinemas and PVOD with likes of Itunes and Amazon at the same time.
I know i would much prefer to stay home and watch the new Bond on my home theatre since i control the conditions and company.
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My understanding, and correct me if I'm wrong, is that MGM doesn't have the money the big studios do, so they have to make their films almost entirely with borrowed money. That money is borrowed based on expected revenue from the movie coming at at a certain date. That hasn't happened with the Bond film. The postponements of NTTD have been a financial disaster for MGM, as has been reported. It's way beyond the financial hits other studios have taken with postponements, which are mostly lost advertising spends.
Paramount, at least, also borrows big to pay for much of their slate.
Warner and disney may manage to keep it more in-house.
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