![]() ![]() With a streak of duds like that, you have to wonder why studios continue to green light remakes of films like Akira, Attack the Block, The Birds, The Black Hole, Bloodsport, The Bodyguard, Cannonball Run, Child's Play, The Crow, Dune, Escape From New York, Evil Dead, Highlander, Logan's Run, Oldboy, The Orphanage, Pet Sematary, Point Break, The Raid, Red Dawn, Robocop, Scarface, Short Circuit, Spider-Man, Superman, Suspiria, Sympathy for Mr. Here are some of the most underwhelming box office takings for remakes released over the last two years. Are DVD and Blu-ray sales enough to justify the making of these films? Perhaps, but we can't pretend that these films don't cost a lot to show theatrically. We will leave it off for now as its still awaiting release in some parts of the globe. Some territories, such as Australia, are no longer planning to show the film theatrically. Straw Dogs, on the other hand, fell well under the mark, with a budget of $47 million, and a paltry $10 million made domestically. Footloose has done slightly better it didn't make back its budget domestically, but came up quite well combined with a solid international gross. Clearly this approach has not been successful. The film awkwardly tried to straddle the line between being a prequel for fans of the original, and selling itself as a remake to mainstream audiences (even keeping the exact same name). So why is Hollywood hitting this trend harder than ever now? With so many remakes getting announced and many more in the works, when will the studios cotton on to audiences' increasing distaste for having their favourite movies remade? A recent example is the new version of The Thing. Studios Receive a Portion of Foreign Grosses: While film studios like to publicise how much money a film makes internationally, the studios don't get anywhere near as much of the profit from a film's release into foreign markets as it does from its domestic take.Some smaller films even have promotional budgets larger than their actual production budgets. These numbers are rarely released and can add an additional figure as high as half of the film's production budget. Promotional/Marketing Budgets: These numbers don't take into account things such as the cost of advertising and marketing a movie.While some of these box office takings are slightly higher than their production budgets, there are some things that need to be considered when declaring a film as financially successful: Some only just scrape by (but not really) with their worldwide figures. While there are some notable exceptions, like True Grit and Piranha 3D, the majority of remakes released in 20 have produced underwhelming box office numbers, with almost all them not making their budgets back domestically. But lately it appears that this formula hasn't been working out so well. ![]() It seemed like we were onto a winning formula and that audiences couldn't get enough. ![]() For a few years there it was certainly a successful trend, with remakes like The Texas Chainsaw Massacre and Dawn of the Dead setting fire to the box office. ![]()
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