Summit’s two coming blockbusters, “Breaking Dawn 1 and 2” will cost $263 million — not the $200 million previously reported — and are projected to bring in a staggering $1.2 billion for the studio, according to confidential documents obtained by TheWrap.I think they should invest some of that capital and begin a spin-off saga starring the Volturi. Us hard-core fans would flock to the theaters to see that. So, what would you do with 1.2 billion dollars? I’d move to England and purchase a flat…right next door to the Pattinson family.
But the biggest news may be the cost structure behind the fourth and fifth installments of Summit’s blockbuster Twilight franchise. “Breaking Dawn 1” will cost $127.5 million, but according to the documents Summit only has $38.4 million at risk. The film will be released in November 2011.
The second film, “Breaking Dawn 2,” cost $136.2 million, with Summit’s exposure limited to $51.2 million, according to the documents.
The studio anticipates revenues of $1.2 billion related to just those two pictures, the documents say. They are projecting a profit of $228 million for the first film and $219 million for the second for a total of nearly $450 million.
The budgets of “Breaking Dawn” may be higher than expected, but they are relatively modest when compared to other Hollywood blockbusters.
Nonetheless, the costs have skyrocketed from the first film, when the studio put up a mere $37 million for “Twilight” and reaped $231 million in profits.
via @BreakingDawnMov
