Deadline: Pacific Rim sequel likely
- Thread starter ivysaur12
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I 100% agree with this. I always assumed that Legendary would continue the franchise in other ways be it comic books or animated features like the DC universe has done. Legendary have extra incentive given than their 'IP cupboard' is so bare.
However I just don't see the sense of plunging straight into an expensive theatrical sequel to an original that couldn't find an audience large enough to become a bona fide hit.
No problemo.
But at the same time you have to admit that without such strong opinions GAF would be quieter than a public library on a Monday.
Oh please. What agenda would that be? Taking the information available to everyone and using it to make an informed decision?! I asked you for some counter argument that consisted of more than 'there will be a sequel cause I want one'.
But no. Instead of presenting a cohesive counter argument you have a teary eyed rant. And the reason you can't make a solid argument for a sequel is because you don't know enough about the business or the situation to do so.
Whether you believe or agree with me makes no odds to me. But at least I was able to show my working. You did not.
Hey now, it wasn't GSD and 00 level of bad. That's literally rock bottom. Baseline. The end of all things.
Price Drop
Member
This is such awesome news. Loved this movie and it deserved to get recognition.
I remember right after the first domestic box office opening weekend all news outlets jumped the bandwagon to claim it was a flop. Even a New York Times piece said it was an 'embarassment' to Legendary Pictures. How many of those outlets are going to run a follow-up piece to say the film is doing great box office overseas? Yep, not many.
The sequel needs a better marketing strategy for sure to recoup costs the next time around. License out a much broader toyline, books, possible TV series, video games - this franchise just has massive product potential. Also, integrate more human aspects and cater to all demos in trailers - still surprised there wasn't any trailer that focused on Mako to draw in females.
Box office apocalypse cancelled. Bring on the sequel.
I remember right after the first domestic box office opening weekend all news outlets jumped the bandwagon to claim it was a flop. Even a New York Times piece said it was an 'embarassment' to Legendary Pictures. How many of those outlets are going to run a follow-up piece to say the film is doing great box office overseas? Yep, not many.
The sequel needs a better marketing strategy for sure to recoup costs the next time around. License out a much broader toyline, books, possible TV series, video games - this franchise just has massive product potential. Also, integrate more human aspects and cater to all demos in trailers - still surprised there wasn't any trailer that focused on Mako to draw in females.
Box office apocalypse cancelled. Bring on the sequel.
BronsonLee
Member
No problemo.
But at the same time you have to admit that without such strong opinions GAF would be quieter than a public library on a Monday.
Yupyup! o/
I agree on the quiet part, but I just like the speculation aspect of it, yanno? That's more fun to me.
And would I love a sequel? Damn skippy! But I'm obviously cautious about it, and if not, them's the breaks.
Ludicrous Speed
Banned
Damn phone. I wrote a lot more but it got lost. Anyway, that's enough from you. My point was you were writing as if your words were gospel. They're not. You are making an assumption just like a lot of other posters here. You don't KNOW.
I think that is what they are doing now, NECA has announced 2 new waves of the toys and Sideshow has 4 Statues lined up. Heroclix is looking at more expansions for their Pacific Rim game and the people making the comics have already been given the go-ahead to start telling the story of the Tacit Ronin Jaegar.
They could probably do 2-3 direct to dvd animations similar to Halo and other video game IP's to keep fans interested and grow things and then another movie in 2 years would probably have a higher gross if they can keep the budget under control.
I just lol at all these people on GAF who are dead set that it has to earn 3x the cost of production or no deal. Can't see the forest for the trees when it comes to franchise building an IP they own and have not licensed from someone else
not_so_special
Banned
the sequel NEEDS alien ROBOTS as enemies,sorry kaiju fans but those beasts lack any charisma
XiaNaphryz
LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
I heard so too. Dat Jaeger from spoiler is used spoiler to spoiler mecha-kaiju.
You are a child. Once again I asked you to elaborate on why you think you're right. I gave you my reasons but you were unable to provide any of your own. That's because you don't have any. You cannot compete with me intellectually so instead you post this bewildering gibberish.
"You were writing as if your words were gospel"?! I genuinely don't know what you mean by that. How exactly do you even do that?
I'm not even going to start a rant against you..., because I feel sorry for you.
This is a silly argument, if they don't think they'll ever see the money, they'll stop releasing movies in China. But they know the worst-case scenario is a 2% tax.
The calculation for future revenue is based on the growth of the China box office, and how sequels tend to do better. Iron Man 3 made $40 million more than the Avengers in China, a lot of it simply due to the fact that it released 1 year later and the Chinese box office grew 30% in 1 year. These factors are more important than a dispute over how to share a 2% tax.
Another factor is Legendary's co-financing deal with a Chinese studio, allowing them to get more than just 25% revenue: http://variety.com/2013/film/news/legendary-east-finds-key-partner-in-china-film-co-1200489836/#
http://www.deadline.com/2013/05/legendary-east-makes-rare-multi-pic-deal-with-china-film-co/
I wasn't implying that they would never receive the money I was implying that it's strange to put so much emphasis on a region that not only returns such a small percentage of the overall gross but seems to have a 'volatile' relationship with the studio system.
This is a totally separate deal/entity for a specific slate of projects and does not effect PR in any way, shape or form.
Warner Bros released PR in China.
XiaNaphryz
LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
That was part of WB's 25% co-financing deal with Legendary right? Do we know if Legendary can pursue something with Universal if WB declines to co-finance a sequel?
It's my understanding that it's a 'mirror' of Legendary's first look, co-finance deal with WB so if Warners pass on PR2 then Legendary (who ultimately own the IP) could simply take it to Universal.
If Universal pass on co-financing it then Legendary could simply self finance the project and have Universal distribute WW via their output deal.
GSD aside, bad writing but still deliver the action, pacing at micro-structure and all that make you feel "hey I like this, but holy crap the story is bad" like 00 did sound legit.. I can agree with this
My entire post is about the potential of future Chinese revenue for a PR sequel. A future PR sequel would be produced by Legendary, and they signed a deal a month ago for future projects to be co-financed by China Film Group, allowing a better box office percentage.
You don't think Legendary's most profitable China film to date will not affect what projects their joint venture with China Film Group will choose to pursue?
Magic Mushroom
Member
And we're all gonna buy the blu-Ray, right?
I'm gonna buy two copies!
Buy 10.
Buy 11.
Sir Walter Taffy
Member
Already I am throwing money at my computer.
BattleMonkey
Member
For a while now, and it's growing. Many of the foreign territories are growing. People like to write off the international market as not meaning as much, but Hollywood realizes that it's the market that is growing, while the US alone has grown a bit stagnant. Lot of countries especially China are building more and more theaters. Foreign box office is continually growing.
Have to save some of the money for the models!
Detailed models for display on my table while the cheaper toys for...bath time hell yeah!
Spend time in the bath passed when your fingers get all wrinkly, making sound effects having your toy Cherno Alpha bashing the shit out of your toy Leatherback - like how it should have happened in the movie!
$45.2 million opening weekend in China:
http://www.hollywoodreporter.com/news/box-office-report-pacific-rim-599329
http://www.hollywoodreporter.com/news/box-office-report-pacific-rim-599329
chickdigger802
Banned
It would have to be a Mark 5 at least.
I can envision it now, China was shamed by CT1.0 and the pilots' performance and went all out for its successor.
phazedplasma
Member
From that article:
Wow, so its make believe money being reported then?
Wow, so its make believe money being reported then?
I wonder if the filmakers will give Chinese Mek/Characters more screen time in the sequel because of this or give us the same thing "heck, they watched it with minimal screen time and dind't mind being saved by foreigners so let's not change anything".
They are arguing over who pays a 2% tax. The worst case scenario is that they make 2% less than they expected. They aren't going to stop releasing films because of that.
No, it's not make believe money. All Hollywood movies get released in China by the China Film Group. The studios negotiated a 25% fee last year for all releases, and they'd agreed that any new taxes or costs would be covered by CFG. Now, however, there's some luxury tax or something and they're trying to take it out of the studios' cut, and obviously the studios are balking. It's basically resulted in China either not paying or the studios rejecting payments, because everyone involved is already fighting over an agreement that's barely a year old.
chickdigger802
Banned
any news on japan yet, or has it not opened yet?
The real issue is that US movie studios get a smaller cut from Chinese cinemas than anywhere else. So 2% less than that is a big deal when they actually want a bigger cut. But they don't want to lose access to the growing Chinese market. And that's why there's a stalemate.
Here's a good article on the growing importance of China for Hollywood: http://www.telegraph.co.uk/finance/...lywood-switches-focus-to-Chinas-billions.html
Hollywood gets only 25% of the Chinese BO, but if they co-produce the movie with a Chinese company it could be seen as a homegrown movie and the cut goes up to 40%. That's the reason why there's an extended cut of Iron Man 3 for the Chinese market with a subplot and a number of Chinese actors added: see http://www.*****************/news/a...audience-adding-4-minutes-Chinese-actors.html
-- Edit: Uh? Is the Daily M... a banned site now?
Instigator
Banned
They pander to America with a hero robot and a WASP at the helm, but America does not love back. Why even bother?
Go all international and reward those foreign markets with screentime.
Japan opens this weekend I think.
chickdigger802
Banned
in order to fight a class 10 jaeger, everyone is gonna combine, clearly.
opensource
Banned
Voltron cross over?
Not Spaceghost
Spaceghost
My god it didn't flop.
Ludicrous Speed
Banned
You are a child. Once again I asked you to elaborate on why you think you're right. I gave you my reasons but you were unable to provide any of your own. That's because you don't have any. You cannot compete with me intellectually so instead you post this bewildering gibberish.
"You were writing as if your words were gospel"?! I genuinely don't know what you mean by that. How exactly do you even do that?
I'm not even going to start a rant against you..., because I feel sorry for you.
You really are daft, aren't you? Why should I restate why there is a good chance this will get a sequel when it's stated in the article, and multiple people have posted in this thread on why it's likely.
Because you repeat yourself again and again in this thread and multiple other threads about how this film will definitely not get a sequel does not make you right. You spout this nonsense like you have inside information or some kind of expert. You don't and you're not. You're a wannabe box office analyst coming up with trite posts, but pretending like you actually know something.
That's why I was ignoring your posts; it became obvious you weren't adding much to the conversation.
So long story short, you don't think there will be a sequel. We shall see.
BuckRobotron
Member
I think this will do big business on blu-ray/dvd in the U.S., significantly boosting prospects for a sequel that might do better here.
Happens sometimes, like The Bourne Identity really found much of its audience when it was a hit on home video...and then The Bourne Supremacy took off in the theaters with all the newfoud fans of The Bourne Identity showing up.
Happens sometimes, like The Bourne Identity really found much of its audience when it was a hit on home video...and then The Bourne Supremacy took off in the theaters with all the newfoud fans of The Bourne Identity showing up.
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