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Lionsgate only paid $15 million to acquire "Kick-Ass", so the film should be reasonably profitable for Lionsgate {nm}

Posted by: Peterlee (a.k.a Peterlee (from past)) on Oct 06, 04:07 in response to secretstalker's post Don't get me wrong, Mark Millar is a great writer and...

MTV: [NEMES] "...movie To Get $150M Budget" (week old news, but... GalacticPothealer Oct 06, 00:38

If I click on that link and that quote is from Mark Millar (a chronic liar), I'm gonna slap you upside the head! :) {nm} secretstalker Oct 06, 03:51

*puts on a football helmet* {nm} GalacticPothealer Oct 06, 03:53

Don't get me wrong, Mark Millar is a great writer and he's one of my favorites but he's also quite deluded when it comes to movies. secretstalker Oct 06, 03:57

Lionsgate only paid $15 million to acquire "Kick-Ass", so the film should be reasonably profitable for Lionsgate Peterlee Oct 06, 04:07

Where on earth did you hear that? The movie cost $45 million of Vaughn's own money to make... why would he take only $15 million? secretstalker Oct 06, 05:22

Well, I see that number on a few articles reporting box office but they seem to all have come from the same source. I don't believe it. {nm} secretstalker Oct 06, 05:23

I believe Lionsgate was the source (since many trades reported the same number). I think the number seems reasonable because.... Peterlee Oct 06, 06:04

You dont pay for the budget with an MG. $15mil was likely the best he could get. $15 mil is A LOT to pay for a movie {nm} Moviesnob Oct 06, 06:12

if its profitable, its BARELY profitable {nm} Moviesnob Oct 06, 06:14

Based on the math of "The Expendables", I guess "Kick-Ass" should be at least modestly profitable for Lionsgate Peterlee Oct 06, 06:29

Even if they paid $15 million for it, they must have spent at least $20 million on marketing and prints... secretstalker Oct 06, 06:42

that dvd estimate is a gross estimate. They dont get all of that, just like theatrical gross. {nm} Moviesnob Oct 06, 07:14

the $18.8 million sales numbers doesn't include Blu-ray revenue. And Lionsgate reports the film sold 1.4 million Blu-ray/DVDs in first week) Peterlee (from past) Oct 06, 07:22

I posted the wrong link of Lionsgate's press release .... here is the correct one Peterlee Oct 06, 07:26

2.7 units doesn't net to $45mil. More like $25 mil {nm} Moviesnob Oct 06, 07:34

My bad.... {nm} Peterlee Oct 06, 07:43

Expendables was domestic rights only. Lionsgate got more than domestic for Kick Ass and therefore spent a lot more to distribute and market {nm} Moviesnob Oct 06, 07:12

Just find out more financial infos from LA Times, which also indicated that if Kick-Ass could gross $45-60 million theatrically..... Peterlee Oct 06, 07:33

link doesnt work {nm} Moviesnob Oct 06, 07:38

Sorry... here is the correct link Peterlee Oct 06, 07:43

2 things - 1) sounds like LG sold off its non US rights so I was wrong when I said their marketing spend would be higher {nm} Moviesnob Oct 06, 07:55

2) they give a range of $45-$60 mil when calling it moderately profitable. Wide range and the movie came it at the low end ($48.1). {nm} Moviesnob Oct 06, 07:56

I posted the wrong link of Lionsgate's press release .... here is the correct one Peterlee Oct 06, 07:25

Double post... sorry.... {nm} Peterlee Oct 06, 07:26

I just clicked on the link... let me know when you're ready for that slap :) {nm} secretstalker Oct 06, 03:53





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