This post is based on (admittedly) thin evidence, though there is a logic.
This year Fox released their latest version of Fantastic Four, which was–to put it bluntly–a box-office disaster, earning almost $167 million against at budget of at least $120 million.
At this point, to break even (typically double the production budget), which is the most that Fantastic Four can hope for at this point. There are a lot of people who hope that Marvel Studios regain the license to the characters, though this was before one of the producers, Simon Kinberg, announced that there were plans for a sequel.
Which is utter nonsense, and little more than the producer of a failed movie saving face. The proof is easy enough to see because you’ll find few companies willing to take a franchise that has already failed–and blatantly so–and pump more money into it. By way of example, Disney’s Tron: Legacy earned over $400 million on a $170 million budget while Guillermo del Toro’s Pacific Rim earned $411 million on a $190 million budget. Most of that money was earned internationally, which was probably why Universal was so reticent about going in on a sequel with Legendary.
Both films were moderate successes, yet neither are getting sequels (though hope springs eternal for the latter). Continue reading