http://www.hollywoodreporter.com/ne...ould-lose-80m-serving-a-higher-purpose-996632
The rest of the article is at the link. This is likely the biggest bomb of the year to date. It is competing with Monster Trucks, which had all of the monster CGI redone after disastrous test screenings to avoid giving children nightmares.
I guess there is a debate to be had on whether dumping a ton of money into a film with no clear distribution strategy is the best way to go about raising awareness for the Armenian Genocide. Its weekend audience was something like 500k viewers in the US, and the film will no doubt disappear from theatres swiftly in the next 2 weeks. Maybe interest will be higher in some European markets, but I doubt Asia or the rest of the Americas will care.
It probably didn't help that the film had a mixed critical reception at best. 47% on RT with a 5.7 average: https://www.rottentomatoes.com/m/the_promise_2017
I guess the film also was an example of the ugly side of user rating sandbagging last year:
The late Kirk Kerkorian's parting gift to Hollywood was The Promise, a big-budget epic about the Armenian genocide.
Starring Christian Bale and Oscar Isaac, the movie opened to a mere $4.1 million at the North American box office over the weekend. At that rate, the film stands to lose $80 million or more unless it overperforms overseas and in ancillary markets, according to box-office experts.
The Promise cost $90 million to $100 million to make before marketing costs and a distribution fee paid to Open Road Films in North America. Kerkorian, who died in 2015 and was of Armenian descent, fully financed the movie via Survival Pictures, which was created to make the movie and to educate the public about genocide in the 20th and 21st centuries.
The film's producers say the movie is a victory, its box office notwithstanding, since the intent was never to make a profit. Instead, The Promise was intended to shine a light on the massacre of 1.5 million Armenians in the waning days of the Ottoman Empire. And any proceeds from the film will be donated to charity, including to the new The Promise Institute for Human Rights at UCLA School of Law, which was unveiled last week with a $20 million gift.
<snip>
Box-office analyst Jeff Bock is of a different opinion.
"I honestly don't know who spends $90 million on a historical drama these days without a major distributor in place. This is just failed filmmaking from start to finish," Bock says. "There's always a way to tell a story without breaking the bank to do so."
The rest of the article is at the link. This is likely the biggest bomb of the year to date. It is competing with Monster Trucks, which had all of the monster CGI redone after disastrous test screenings to avoid giving children nightmares.
I guess there is a debate to be had on whether dumping a ton of money into a film with no clear distribution strategy is the best way to go about raising awareness for the Armenian Genocide. Its weekend audience was something like 500k viewers in the US, and the film will no doubt disappear from theatres swiftly in the next 2 weeks. Maybe interest will be higher in some European markets, but I doubt Asia or the rest of the Americas will care.
It probably didn't help that the film had a mixed critical reception at best. 47% on RT with a 5.7 average: https://www.rottentomatoes.com/m/the_promise_2017
I guess the film also was an example of the ugly side of user rating sandbagging last year:
wikipedia said:By the end of October 2016, before its official release and after only three pre-release screenings in September 2016 at the Toronto International Film Festival to small audiences, IMDb had registered over 86,000 ratings for the film. 55,126 of which were one-star and 30,639 of which were 10-star, with very few ratings falling anywhere in between. The majority of these votes had been cast by males outside of the US. By mid-November the total was over 91,000 votes, with over 57,000 one-star votes. Commentators assessed that these were mostly votes by people who had never seen the film, and that the one star voting was part of an orchestrated campaign by Armenian Genocide deniers to downrate the movie, which had then initiated an Armenian response to highly rate the movie.[18][19][20][21] Currently, the film has a rating of 5.9/10 from 141,335 votes.