Will ‘No Time to Die’ Lose MGM $100 Million? Studio Says Reports Are ‘Unfounded’ and ‘Not True’
“No Time to Die,” Daniel Craig’s final outing as James Bond, just blew past the $730 million mark at the worldwide box office to become the highest grossing movie of the pandemic era.
The film is now ahead of Universal’s “Fast and Furious” sequel “F9,” which ended its box office run with $721 million.
But just because Craig’s 007 tentpole is a pandemic record breaker does not mean it’s profitable.
According to a report from Variety, “No Time to Die” is still expected to lose MGM around $100 million.As Variety reports: “The movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone over 16 months.
Insiders say ‘No Time to Die’ needs to make closer to $900 million to break even, a feat that would have been realistic had a global health crisis not entirely upended the theater industry.
As a result,
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