{"id":26615,"date":"2024-10-15T14:25:02","date_gmt":"2024-10-15T18:25:02","guid":{"rendered":"https:\/\/cinemadailyus.com\/?p=26615"},"modified":"2024-10-15T14:25:02","modified_gmt":"2024-10-15T18:25:02","slug":"warner-bros-reportedly-taking-a-huge-loss-on-joker-folie-a-deux","status":"publish","type":"post","link":"https:\/\/cinemadailyus.com\/?p=26615","title":{"rendered":"Warner Bros. Reportedly Taking a Huge Loss on ‘Joker: Folie \u00e0 Deux’"},"content":{"rendered":"\r\n

Courtesy of Warner Bros.\u00a0<\/p>\r\n

Warner Bros. Pictures may lose as much as $200 million on Joker: Folie \u00e0 Deux<\/strong><\/em><\/a>, which has thus far failed to meet projected expectations. According to published reports, the film has grossed only $51.5 million domestically and $165 million globally, far less than the revenues from the original Joker<\/strong> <\/em><\/a>released in 2019, which earned $96.2 million in the US and $248.4 million globally after only three days. That original movie was a huge success, earning $1.078 billion worldwide as well as two Oscars.

It\u2019s now being projected that the sequel\u2019s overall gross will be only $65 million domestically and $210 million worldwide. Joker: Folie \u00e0 Deux<\/strong><\/em> cost $300 million to produce, market, and distribute, says Variety<\/a>, <\/em>pointing out that Director Todd Phillips<\/a> and actor Joaquin Phoenix<\/a> each took home $20 million, and Lady Gaga<\/a> earned $12 million.

Adding insult to injury, Joker: Folie \u00e0 Deux<\/strong><\/em> has not been well received by critics or audiences. The film averaged a 33% \u201crotten\u201d rating on Rotten Tomatoes and got a rare \u201cD\u201d rating on CinemaScore. Some observers claim the introduction of song and dance numbers into the production did not sit well with the comic-book fanbase, who preferred a more straightforward, unembellished treatment.

Responding to the reports, a spokesperson for Warner Bros. tried to put an optimistic spin on the news, saying: \u201cAny estimates suggested by anonymous \u2018insiders\u2019 or \u2018rival executives\u2019 are grossly wrong and continues a trend where rumor is reported as fact. The film continues to play in theatrical release, included with this week\u2019s opening in China, and will continue to earn revenue throughout its home viewing and ancillary run.\u201d

The studio is hoping to earn some revenue when the film begins streaming on home-entertainment platforms on October 29 (a date unfortunately associated with the catastrophic stock market crash of 1929).

David A. Gross, an analyst with Franchise Entertainment Research, was quoted in the Variety<\/em> report as saying: \u201cIf the filmmakers and studio were committed to making a sequel \u2014 and why wouldn\u2019t they be after the first film made $1.08 billion \u2014 they faced a very difficult challenge of telling a new chapter that kept the audience engaged.\u201d

Gross added that \u201cThe first Joker <\/strong><\/em>was a timely, fresh counterpoint to the dominant superhero narrative and tone, and it worked. The filmmakers deserve credit for making more unconventional creative choices in Folie<\/strong><\/em>, adding the romantic angle with Lady Gaga. But this time nothing worked.\u201d

Check out Edward\u2019s other articles<\/a><\/p>\r\n","protected":false},"excerpt":{"rendered":"

Courtesy of Warner Bros.\u00a0 Warner Bros. Pictures may lose as much as $200 million on Joker: Folie \u00e0 Deux, which has thus far failed to meet projected expectations. According to published reports, the film has grossed only $51.5 million domestically and $165 million globally, far less than the revenues from the original Joker released in…<\/p>\n","protected":false},"author":3,"featured_media":26637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32,20471],"tags":[24604,1553,252,9845,139,17903,1551,2678],"acf":[],"yoast_head":"\nWarner Bros. 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