JAMES BOND: NO TIME TO DIE starring Daniel Craig (2021) 2 2

[paperheart]

42 minutes ago, Oddball said:

 

blame WW1984

[Bosco685]

 

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After days of speculation, the deal has been done! Amazon and MGM have signed a merger agreement that will see Amazon acquire MGM for the staggering price of $8.45 billion. The home of James Bond, and nearly a century of filmmaking history, is said to complement the works of Amazon Studios, which has primarily focused on producing TV show programming. The goal of Amazon will be to help preserve MGM's history and catalog of films by giving their customers much greater access to these films.

 

What is still clear is that the upcoming Bond entry, NO TIME TO DIE, will still see a theatrical release despite this new partnership. Producers of the film, most notably Barbara Broccoli, nixed a deal for the film to be licensed to a streamer last fall and she has maintained that stance even during the MGM acquisition talks. The Bond producer turned down a $600 million deal for a one-year license of the film via Apple and she had no intention of starting off 2021 going into another one with Amazon. Needless to say, Bond will be going theatrical no matter what. Ridley Scott's Gucci starring Lady Gaga and several other MGM tentpoles are also expected to still hit theaters. Kevin Ulrich, Chairman of the Board of Directors of MGM, echoed the sentiments of Amazon Studios in the following statement:

"It has been an honor to have been a part of the incredible transformation of Metro Goldwyn Mayer. To get here took immensely talented people with a true belief in one vision. On behalf of the Board, I would like to thank the MGM team who have helped us arrive at this historic day. I am very proud that MGM’s Lion, which has long evoked the Golden Age of Hollywood, will continue its storied history, and the idea born from the creation of United Artists lives on in a way the founders originally intended, driven by the talent and their vision. The opportunity to align MGM’s storied history with Amazon is an inspiring combination."

 

[Bosco685]

Amazon purchasing MGM doesn't lead to instant Bond 25 instant release via streaming or even a hybrid schedule.

James Bond: 5 Key Things To Know About 007’s Franchise After Amazon's MGM Purchase

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EON Productions Is The Heart Of Power In The 007 Series
First and foremost, it's worth noting MGM doesn’t own the rights to the James Bond series outright. Traditionally the studio has been a partner to EON Productions; the production company that was co-founded by Albert “Cubby” Broccoli, and is currently run by Barbara Broccoli and Michael G. Wilson. As such, the relationship has seen MGM fund the production of the 007 films, as well as domestically distribute them into theaters.

 

However, EON Productions gets a lot of say in what happens thanks to the fact that they are also in control of the holding company Danjaq LLC. While EON co-owns the copyrights to the James Bond series with other partners, like MGM and Columbia Pictures, it has veto powers on any aspect of the films. As Variety recently pointed out, that also includes casting for the new 007, as well as approval of dialogue and promotional tactics.

 

James Bond Will Probably Never Become A Streaming Exclusive
EON Productions’ control over the James Bond legacy means a lot of things will not happen under its watch. And one of the largest vetoes we’ve seen in the past year is the decision to reject some rather flush offers that streaming services were allegedly making in the name of luring No Time To Die into a streaming debut. With Amazon purchasing MGM, some may have thought this decision would have been overridden, but again, that’s just not going to happen.

 

With Barbara Broccoli doubling down in her statement that the James Bond legacy will remain a theatrical experience, No Time To Die absolutely will not be making its grand debut on Prime Video. That doesn’t sound like it could change at all, as Broccoli’s edict doesn’t just single out the 25th 007 adventure in its scope. All James Bond films, under EON Productions’ auspices, will be theatrical experiences.

 

 

[paperheart]

Rami Malek edited out and replaced with Jeff Bezos

[▫️]

It looks like we will be getting a new trailer for this in 2022. 

[rexinnih]

2 hours ago, paperheart said:

Rami Malek edited out and replaced with Jeff Bezos

Probably both equally adept at playing the villain. 

[The Brain]

37 minutes ago, Oddball said:

It looks like we will be getting a new trailer for this in 2022. 

 

October 8 

No Time to Die (2021)  163 min   -   Action | Adventure | Thriller   James Bond has left active service. His peace is short-lived when Felix Leiter, an old friend from the CIA, turns up asking for help, leading Bond onto the trail of a mysterious villain armed with dangerous new technology. Director:  Cary Joji Fukunaga Stars:  Daniel Craig, Ana de Armas, Rami Malek, Ralph Fiennes

[▫️]

3 hours ago, The Brain said:

 

October 8 

No Time to Die (2021)  163 min   -   Action | Adventure | Thriller   James Bond has left active service. His peace is short-lived when Felix Leiter, an old friend from the CIA, turns up asking for help, leading Bond onto the trail of a mysterious villain armed with dangerous new technology. Director:  Cary Joji Fukunaga Stars:  Daniel Craig, Ana de Armas, Rami Malek, Ralph Fiennes

My bad joke based on how long this film has been complete and sitting on the shelf.

[Bosco685]

 

[▫️]

[Xenosmilus]

Holy Carp!!!! It will never happen if this is true.

https://movieweb.com/no-time-to-die-most-expensive-james-bond/

I think Daniel Craig's Casino Royale was an amazing movie but wasn't to big a fan of the others.

Edited August 17, 2021 by Xenosmilus

[RickSp]

On 8/17/2021 at 4:01 AM, Xenosmilus said:

Holy Carp!!!! It will never happen if this is true.

https://movieweb.com/no-time-to-die-most-expensive-james-bond/

I think Daniel Craig's Casino Royale was an amazing movie but wasn't to big a fan of the others.

That’s some incredible money being talked about. Obviously circumstances were unprecedented but what a shame for his final outing if it’s seen as a bust. I’ve liked him in the role all these years.

[media_junkie]

On 8/16/2021 at 11:01 PM, Xenosmilus said:

Holy Carp!!!! It will never happen if this is true.

https://movieweb.com/no-time-to-die-most-expensive-james-bond/

I think Daniel Craig's Casino Royale was an amazing movie but wasn't to big a fan of the others.

Wow, $900 million to just break even.  If that is true then Craig's last movie is going to be seen as a financial flop.  There is no way it clears $900 million this year.

[Bosco685]

On 8/17/2021 at 7:45 AM, media_junkie said:

Wow, $900 million to just break even.  If that is true then Craig's last movie is going to be seen as a financial flop.  There is no way it clears $900 million this year.

Not sure how much of the analysis to believe if a Bond movie cost over $300M in production budget alone.

 

[Gatsby77]

On 8/17/2021 at 8:03 AM, Bosco685 said:

Not sure how much of the analysis to believe if a Bond movie cost over $300M in production budget alone.

 

Why wouldn't you believe it?

Skyfall's production budget (2012) is listed as $200M and SPECTRE's (2015) is listed as $245M.

They also had to play cat and mouse with Daniel Craig for ~2 years to even get him to commit to this one, so his salary + back-end is likely massive. Add in debt interest on the production costs, etc.

However, as you've pointed out, a non-trivial percentage of the production costs are likely off-set by product placements (Aston Martin, Sony, Omega, etc.). 

There was even this hilarious piece on concerns from Nokia that the film's been shelved for so long that their then-new phones are now old news - with a rumor that the company requested re-shoots specifically to accommodate newer phones. 

https://www.theverge.com/tldr/2021/1/27/22252018/james-bond-no-time-to-die-hmd-global-nokia-phones-product-placement

[Gatsby77]

Here's a Variety article (from last October) that breaks down some costs. Note that it was written prior to Amazon's acquisition of MGM for a reported $8.5 billion.

https://variety.com/2020/film/news/no-time-to-die-james-bond-mgm-streaming-sale-1234819582/

It notes:

• $301 million net production budget
• $66 million already spent on advertising as of just March 2020
• $1 million per month in interest charges (since at least March 2020)

 

 

[Bosco685]

On 8/17/2021 at 8:32 AM, Gatsby77 said:

Why wouldn't you believe it?

Skyfall's production budget (2012) is listed as $200M and SPECTRE's (2015) is listed as $245M.

They also had to play cat and mouse with Daniel Craig for ~2 years to even get him to commit to this one, so his salary + back-end is likely massive. Add in debt interest on the production costs, etc.

However, as you've pointed out, a non-trivial percentage of the production costs are likely off-set by product placements (Aston Martin, Sony, Omega, etc.). 

There was even this hilarious piece on concerns from Nokia that the film's been shelved for so long that their then-new phones are now old news - with a rumor that the company requested re-shoots specifically to accommodate newer phones. 

https://www.theverge.com/tldr/2021/1/27/22252018/james-bond-no-time-to-die-hmd-global-nokia-phones-product-placement

It is wild we haven't had a new Bond movie since 2015. And how this one has dragged on for a few years.

But the estimate for the new movie - including Daniel Craig's backend - is at $250M. Though there is a variance between Variety ($301M) and The Hollywood Reporter ($250M).

[Bosco685]

On 8/17/2021 at 9:25 AM, Gatsby77 said:

Here's a Variety article (from last October) that breaks down some costs. Note that it was written prior to Amazon's acquisition of MGM for a reported $8.5 billion.

https://variety.com/2020/film/news/no-time-to-die-james-bond-mgm-streaming-sale-1234819582/

It notes:

• $301 million net production budget
• $66 million already spent on advertising as of just March 2020
• $1 million per month in interest charges (since at least March 2020)

Just quoted that article.

But what you are including in addition are the additional expenses if we tried to ballpark profits later. A guesstimate at best.

THR says it is $250M, and Variety says it is $301M. Go fish.

[Gatsby77]

On 8/17/2021 at 9:30 AM, Bosco685 said:

Just quoted that article.

But what you are including in addition are the additional expenses if we tried to ballpark profits later. A guesstimate at best.

THR says it is $250M, and Variety says it is $301M. Go fish.

Fair.

But if SPECTRE cost $245M back in 2015, $301M makes sense to me in 2019.

*Particularly* because Daniel Craig's salary (and/or back-end) presumably went up, and they had to pay for Rami Malek as well.

To think that they were able to put this together at roughly the same cost as the 2015 film is just naive. And that's prior to additional editing/re-shoots, etc.

And why wouldn't you include the additional interest expense in the final cost? It's part of the cost to get the film to the screen.

Just like Superman Returns is quoted at having cost $263M - $270M, because it includes $40M+ in development costs for several other abandoned Superman projects, going back to Kevin Smith's Superman Lives project.

Same deal here. It may not be fair, but when the final cost estimates for the film are authoritatively reported, they'll include the $14M+ in interest expense due to the delays.

[Bosco685]

On 8/17/2021 at 9:45 AM, Gatsby77 said:

Fair.

But if SPECTRE cost $245M back in 2015, $301M makes sense to me in 2019.

*Particularly* because Daniel Craig's salary (and/or back-end) presumably went up, and they had to pay for Rami Malek as well.

To think that they were able to put this together at roughly the same cost as the 2015 film is just naive. And that's prior to additional editing/re-shoots, etc.

And why wouldn't you include the additional interest expense in the final cost? It's part of the cost to get the film to the screen.

Just like Superman Returns is quoted at having cost $263M - $270M, because it includes $40M+ in development costs for several other abandoned Superman projects, going back to Kevin Smith's Superman Lives project.

Same deal here. It may not be fair, but when the final cost estimates for the film are authoritatively reported, they'll include the $14M+ in interest expense due to the delays.

You just can't help but throw out childish taunts like that, can you? I think at this point I just write it off as that uncle at 80 who can't help but talk about 'the Krauts'.

Meanwhile, here is another THR article around the same time as Variety's that noted the production budget is around $245M. Without adding all the additional expenses which are not the production budget.

MGM to Take $30 Million-Plus Hit After Moving Bond Film ‘No Time to Die’

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The production budget for the latest installment is on par with the $245 million budget for the last Bond film, 2015’s Spectre. Sources say the studio’s decision to move No Time to Die to Nov. 12 in the U.K. and Nov. 25 in North America — which was made on Tuesday, one day before announcing the delayed release — was largely based on the economic reality that large swaths of theaters across the world have been shuttered in recent weeks, stretching from Japan to Italy. That could have resulted in a minimum of 30 percent shaved off the final box office tallies — a possible $300 million out of a likely $1 billion global haul.

I have a feeling reporting sites are adding expenses into that figure so as to account for everything else building up due to the delays. Leading to an assumption it must be $300M just to make the movie.