8 Lessons Studios Must Learn To Avoid Making Box-Office Duds

1. Not Everything Needs A Huge Budget

Blade Runner Ryan Gosling
20th Century Fox

One of the reasons why a lot of blockbusters are underperforming is because their budgets are ridiculously high. Most of the flops we've discussed would be considered successes if they'd been made for a little less, and overspending is the habit that Hollywood just can't shake.

Again, let's look at King Arthur: Legend Of The Sword. Its lead actor isn't a proven box-office draw, its director hasn't had a financial hit in six years, and it falls within a genre that's having a rough time lately. This should be an $80 - $90 million movie, right?

It cost $175 million. Before marketing. That's absolutely astonishing. Who greenlit this thing, and who said that budget was okay? The movie was set to be a flop as soon as that giant cheque was signed.

Valerian And The City Of A Thousand Planets is another great example. It's based on a niche comic-book series, with two unproven stars as the leads. Again, this seems like a sub-$100 million movie, or $110 - $120 million at the absolute best.

It was made for around $177 million. That's ridiculous. Why is Hollywood spending so much on these risky movies, then acting all surprised when they die a death at multiplexes around the world?

Look at Deadpool. That was definitely a risky project, and as such, it was given an appropriate $58 million budget. If it did flop, it wouldn't be a huge loss, and if it was good, it wouldn't have far to go to make its money back.

Well, it was good, and it made almost $800 million worldwide. The risk paid off, but even if it didn't, it wouldn't have been a big deal. There's a fundamental issue with the way studios assign budgets to projects, and something has to change.

Why do you think the summer of 2017 was a lousy one at the box-office? Let us know in the comments below!

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Danny has been with WhatCulture for almost nine years, and is currently Doctor Who Editor and WhoCulture Channel Manager, overseeing all of WhatCulture's Whoniverse coverage. He has been writing and video editing for 10+ years, and first got a taste for content creation after making his own Doctor Who trailers and uploading them to YouTube (they're admittedly a bit rusty by today's standards). If you need someone to recite every Doctor Who episode in order or to tell you about the making of 1988's Remembrance of the Daleks, Danny is the person to ask.