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Hollywood Reporter: 'Ghostbusters Heading for $70M-Plus Loss'

Mark Judge
By Mark Judge | August 10, 2016 | 10:00 AM EDT

The Hollywood Reporter is reporting that the summer film "Ghostbusters" is heading for a financial loss.

From left, Leslie Jones, Melissa McCarthy, Kristen Wiig and Kate McKinnon from the film "Ghostbusters," which opened nationwide on July 15 (Sony via AP)

Pamela McClintock writes:

As of Aug. 7, Ghostbusters had earned just under $180 million at the global box office, including $117 million domestic. The film still hasn't opened in a few markets, including France, Japan and Mexico, but box-office experts say it will have trouble getting to $225 million despite a hefty net production budget of $144 million plus a big marketing spend. The studio has said break-even would be $300 million.

The film, which was released July 15, is a 2016 reboot of a 1984 comedy. The new version became the subject of controversy even before it was released, with some fans of the franchise claiming the all-female cast was a politically-correct desecration of the original, which starred four men. Some feminist cheered for the reboot as an antidote to perceived sexism in Hollywood. Writing in the Los Angeles Times, feminist Andi Zeister observed, "Those of us outside the industry but with a filmgoer’s stake in making sure the medium is rich, and evolving and representative — yes, we’ll be buying tickets to 'Ghostbusters' and wondering why Hollywood still seems genuinely flummoxed by the prospect of reaching more than half the population."

Sony would not comment whether a sequel is planned.

 

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