According to The Hollywood Reporter, Disney’s latest episode in the Star Wars universe is set to lose at least $50 million. The exact amount that Disney is set to lose is unknown so early in the film’s release, but speculation is that the loss should be between $50 and $80 million.
Currently, Solo’s 10-day domestic total is at a measly $149 million, roughly HALF of what Rogue One made in its first 10 days. Solo has a current global total of $264 million; a total that is not expected to reach $400 million when the film finally leaves theaters.
The production budget of Solo is speculated to be between $250 and $300 million, which doesn’t account for advertising costs that could inflate that total up to $500 million.
If we compare the expected revenue of Solo with all of the Star Wars movies made to date, Solo would come in dead last, $75 million behind Return of the Jedi (using unadjusted numbers).
What will this mean for the Star Wars anthology films moving forward? Only time will tell.
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If I remember my Disney history correctly it took years for Disney to turn a profit on 20,000 Leagues Under the Sea. They did, ultimately. I suspect that this will be the case with the Solo movie and that the Star Wars universe is not at an end.
Super disappointing to hear. I really enjoyed the movie! I was hoping for a sequel.
This movie has so many things going against it. The debacle with the directors, the main actor having issues (plus, not being Harrison Ford), being released so close to Infinity War and Deadpool 2, not having that great of reviews, etc. I bet if it had been slated for a Christmastime release, like all the other Disney Star Wars movies, it would have done substantially better.
It’s interesting that you bring up how the movie would have performed if it had been released during Christmastime… Forbes had a great article about that very topic, entitled “Disney’s ‘Solo’ Bombed So Disney’s ‘Mary Poppins Returns’ Could Soar.”
Here’s the link to that article: https://www.forbes.com/sites/scottmendelson/2018/06/05/solo-a-star-wars-story-matters-less-to-disney-than-mary-poppins-returns/#764727095c93
What a world we live in where $149 million in ten days is now considered a flop. My theory? Hollywood spends too damn much on these films. Half a billion dollars? Goodnight.
I enjoyed the movie and didn’t think it was a totally unnecessary film, since Han Solo is/was my favorite SW character (tied with Princess Leia). Like Joe H said before, it’s not their worst film and not their best but it was entertaining. But perhaps now they don’t “need” to keep churning out a SW film every year just to keep our attention or whatever (make more money). Take longer to make them and have them come out less frequently, whether they’re sequels or stand-alone films. There are plenty of us who remember the original trilogy and will enjoy Star Wars Land when it opens, for years to come, with our kids and grandkids (new fans).
People burn out man, we all knew this would happen when they announced the annual relaeses. I love Star Wars, Marvel, and so many other nerd franchises but I haven’t caught a Marvel/Star Wars film in like a year and a half. Just not interested in seeing it all the time.