Biggest Box-Office Flops of 2016
2016 had been a great year for movies and there were a lot of record breaking box office hits, but there were also a lot of box-office disappointments. We have listed below some of the best (or maybe worst) movies of 2016 that had a huge budget, made by famous directors and had A-list stars, that were list able to lose studios a lot of money. Even Disney that was able to set the industry record for having the highest ticket sales of $7 billion had a pretty big box-office flop during 2016. We will be taking into account losses, production budget, and marketing cost. So just sit back and relax, and read some of the biggest Hollywood box-office flops of 2016. If you’re looking for a good movie to watch on date night, then you might want to look somewhere else.
Ghostbusters was a highly-popular comedy movie that was released in 1984, that spawned another successful sequel that was released in 1989. The original movies were so successful that it now has its own cult following, so when it was announced that it was getting a remake everyone was fairly excited. When it was announced that the remake would be having an all-female lead cast, a lot of people were skeptical that it would flop… and as it turns out they were right. The film had a $144 million production and marketing budget and only got $229 million worldwide. You might think that isn’t so bad, but the studio has released a statement that they needed to reach at least $300 million to just break even, which means they lost around $70 million.
Alice Through the Looking Glass
Alice in Wonderland was a very successful film by Disney, and directed by Tim Burton. It was released in 2010, had a budget of around $150 to $200 million and was able to gross an impressive $1.025 billion worldwide. Alice Through the Looking Glass is its sequel that didn’t do so great at the box-office. The famous stars came back for the sequel, but Tim Burton did not, and the director position was taken over by James Bobin. It had a $170 million budget, and was only able to gross $77 million in the United States and Canada and a total of $299.4 million worldwide. It may sound that it did alright, but if you counted costs, it actually lost at least $70 million for Disney.
Despite having huge stars such as Brad Pitt and Marion Cotillard and veteran filmmaker Robert Zemeckis, Allied didn’t do so great at the box-office. The film is set during World War II, and is about a Canadian intelligence officer and a French Resistance fighter that fall in love while on a mission together. The film had a production and marketing budget of $106 million, but was only able to gross $40.1 million in the United States and Canada and $119.5 million worldwide. The issue regarding Brad Pitt and Angelina Jolie’s ongoing divorce, and the rumors of Brad Pitt and Marion Cotillard’s affair might have hurt the film’s success.
The Divergent Series: Allegiant
Divergent which was released in 2014 had a budget of $85 million and was able to gross over $150 million in the United States and over $288 million worldwide. The second installment, The Divergent Series: Insurgent was able to earn $130.2 million in North America and a total of $297 million worldwide, with its budget of $110 million. The third film, The Divergent Series: Allegiant had a disappointing reception and only grossed $179.2 million worldwide with a budget of $142 million, which is most likely to have cost Lionsgate at least $50 million. Due to the film being a financial disappointment at the box-office, the next installment in the franchise will have budget cuts and might even be released on TV instead of the silver screen.
Assassin’s Creed is a live-action adaptation of the popular video game franchise. The film stars Michael Fassbender and is directed by Justin Kurzel was initially expected to be a blockbuster hit. It was expected to gross around $25 to $35 million on its first six days, but the results weren’t that impressive, with its total of $22.5 million, which was the 5th film at the box-office at the time of its release. It had a production and marketing budget of $125 million and was only able to gross $54.6 million in the United States and Canada with a total of $240.7 million worldwide, which is likely to have cost the studio to lose between $75 million and $100 million. That must have hurt.
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