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Minority Report

Started by Brian Hayes26 · · 👁 6 views · 23 replies

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Participants Brian Hayes26gentleseal3David Martin16Sam Perez2Andrew Anderson6Susan Miller3Eric Garcia90graniteangler10rapidskipper9ARichard Howard2Edward Robinson6fadedsailor932Gregory Price4slyrider16Richard Hernandez13
slyrider16 slyrider16 Active Member
60 messages
joined Mar 2006
#21 ·
Let me bust a few myths here...

First off: Minority Report had a budget of $102 million. (Yeah, that covers the actors' salaries and the whole crew.)

The movie pulled in $342 million at the worldwide box office.

What does that tell us? Not much until you factor in everything else. Marketing and distribution costs alone for that flick in the US were about $40 million. So, we're looking at $142 million spent in the US versus $132 million earned there. Toss in the global marketing and distribution costs—I don't have the exact numbers, but let's guess around $30 million. That puts total spending at $172 million. Plus, with tons of big-budget A-list productions featuring huge stars and famous directors, they usually get a percentage of the gross on top of their base pay. Since I don't have the specifics, let's just assume that wasn't the case for Minority Report. (Though in some movies, those cuts can be over 10%.)

$172 million spent against $342 million earned. The catch is that $342 million is the gross revenue—basically what people paid at the ticket booths. Usually, the split between distributors and theaters is something like 60/40, so the producers (let's just say a Hollywood studio) walked away with maybe $200 million from Minority Report. What’s the takeaway? They cleared about $30 million just from theater revenue... and we haven't even touched the money from DVD and Microsoft sales, which lately have been matching or even beating theater numbers. Then there's the TV rights deals... plus any tie-in products like toys and stuff... all in all, Minority Report likely cleared at least $200 million in pure profit.

Even that infamous Waterworld managed to break even, despite only making $88 million domestically...

Lesson learned? Don't believe the nonsense you read in the press, whether it's clickbait or the daily papers...
A Anonymous Veteran
3.6K messages
joined May 2005
#22 ·
I absolutely loved this movie!
The plot and the whole atmosphere are just killer.
You can really tell they didn't miss a single detail...
The storytelling is top-notch... at certain points, it actually gave me major Seven vibes...
(like, there's just no way out... )

The only thing I tripped up on was the setting's timeline...
I think they set it in 2052 or something... honestly, I feel like they went a bit overboard...
In 50 years, the US isn't going to look anything like that....
Not even close!
Richard Hernandez13 Richard Hernandez13 Regular
269 messages
joined May 2004
#23 ·
slyrider16 said:I really want to clear up a few misconceptions here...

First off, the budget for Minority Report was $102 million—and yeah, that covers everything from the actors' salaries to the entire crew.

The film ended up pulling in $342 million at the global box office.

So, what does that actually tell us? Honestly, not much until you start digging into the other numbers. Just looking at the US market, the marketing and distribution costs for that movie alone were about $40 million. So, we’re looking at $142 million spent in the US versus $132 million earned there. If we tack on the marketing and distribution costs for the rest of the world—which I don't have the exact figures for, but let's guess around $30 million—we’ve spent $172 million so far. On top of that, with most big-budget A-list productions featuring massive stars and famous directors, a certain percentage of the gross goes straight to them on top of their base pay. Since I don't have the specific breakdown, let's just assume that wasn't the case for Minority Report, though those percentages can easily climb over 10% in other films.

So, it's $172 million spent against $342 million earned. But here's the kicker: that $342 million is the gross revenue, basically what people paid at the theater ticket booths. Usually, the profit split between distributors and theaters sits somewhere around 60/40, which means the producers (let's just call them a major Hollywood studio) likely walked away with about $200 million from Minority Report. What can we conclude from that? They cleared about $30 million just from theatrical revenue... and we haven't even touched the revenue from DVD and Microsoft sales, which lately have been consistently matching or even beating theater earnings. Then you've got TV licensing rights... plus potential tie-in products like toys and whatnot... all in all, Minority Report likely netted a pure profit of at least $200 million.

Even the infamous Waterworld managed to break even and cover its costs, despite only making $88 million at the domestic box office...

What's the lesson here? Don't believe every bit of nonsense you read in the press, whether it's some clickbait website or your daily newspaper...

You forgot to deduct taxes!!
slyrider16 slyrider16 Active Member
60 messages
joined Mar 2006
#24 ·
Yeah, for real. Don't forget you gotta factor in the taxes too. 😁 Thanks for the snark, whether you meant it to be sarcastic or not...

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