Connect with us

Hi, what are you looking for?

Movies

New Report Reveals Marvel’s ‘Small’ Profit From ‘Ant-Man and the Wasp: Quantumania’ Despite Failure

The 2013 film starred Paul Rudd and Evangeline Lilly as the titular heroes along with names like Michael Douglas and Michelle Pfeiffer.

‘Ant-Man and the Wasp: Quantumania’ had a production budget of around $200 million, not counting the money spent on marketing, and it collected $476 million worldwide by the end of its theatrical run. Although analysts estimated that the film needed to earn more than $500 million to break even, Forbes reported otherwise.

“The super hero flick debuted in February last year to a lukewarm reception and only grossed $476.07 million, according to industry analyst Box Office Mojo,” the outlet recently wrote. “Studios typically receive around 50% of the takings meaning that Disney got around $238.05 million, which was $92.05 million less than its net spending on making the movie, as we recently revealed.”

After all expenses, the film netted a profit of $88,236. Though decent, this amount was not significant enough to prompt Marvel executives to begin work on a fourth film.

The release of ‘Ant-Man 3’ coincided with a bad period for the MCU. Following the threequel, ‘The Marvels’ hit the theaters and became the lowest-grossing Marvel Studios film ever. The studio then announced a strategy shift to focus on ‘quality over quantity,’ reducing the number of movies and Disney+ shows released annually.

This year, however, the studio went back on track as ‘Deadpool & Wolverine’ broke records as the biggest R-rated release ever, and ‘Agatha All Along’ gained popularity among fans. How effective the studio’s new strategy will be in the long run remains to be seen.

Latest

General

Sweeney took aim at Hollywood’s 'fake' support for women.

News

Interior designer Jeremiah Brent is now part of the team.

Movies

Washington is getting Oscar attention for his role as Macrinus.

Movies

Maridueña is impatient and excited about 'Blue Beetle'.

You May Also Like

News

'Agatha All Along' wrapped up its nine-episode run with a surprising twist.

Movies

Claims have emerged regarding who will play Albus Dumbledore in the Harry Potter TV series.

Movies

Jon M. Chu reveals if he’s open to returning for another 'G.I. Joe' movie.

Movies

Martin’s hints about Williams were ambiguous, and he avoided saying anything directly.