567 Declared Dead
But even under such a powerful momentum, when everyone thought that the box office of the movie was about to fly into space on a rocket, the box office of the movie was still a tragedy. It was a complete tragedy, and the four major tragedies written by Shakespeare were incomparable. The miserable level had already begun to snow in June.
The "Saharan Cavalry" finally landed in 61 overseas countries and regions, but none of them had a cumulative box office that exceeded the threshold of 10 million, and none of them! Such an ending was not enough to express the degree of shock even if it was described as heroic.
The world's third largest box office market, the UK, the "Saharan Cavalry" achieved a box office of 7 million US dollars here, becoming the largest ticketing stock in the overseas market of the movie. Looking at such a number, even the anger could not be vented, leaving only a ridiculous and empty bitter smile, helpless.
What’s even more ridiculous is that the UK is the only one among the sixty-one overseas countries and regions that has accumulated a box office of over 5 million. The only, only, mere, lonely area.
Needless to say, this is the concentrated reflection of the overseas box office market of the "Saharan Cavalry".
In the end, the "Saharan Cavalry" earned a total box office of 33 million in the overseas market.
The Waterloo in North America's box office indicates that the "Saharan Cavalry" needs to achieve at least 400 million box offices in overseas markets to ensure that there is no loss. This is the most optimistic estimate. Considering the money-burning actions of the film propaganda department, 500 million data may be enough to meet the demand for "not losing money".
But now, whether it is 400 million or 500 million, this is just a series of unattainable numbers, because the overseas box office of the "Saharan Cavalry" is only 33 million, which is even more terrible than the box office performance of North America. Looking at such data, it is estimated that any company will collapse and even if you want to cry, you can't cry.
This is true. The "Saharan Cavalry" has accumulated a global box office of 81 million, and it does not require any effort from its competitors. It is defeated like a mountain and trips itself into the bottomless abyss.
For reference, the "Future Water World" that has become a laughing stock in film history has a box office of 88 million in North America and an overseas box office of 175 million in overseas box office, and has achieved a box office of 264 million in the world. Due to the investment cost as high as 175 million in 175 million in total, a series of accidents in the shooting process, and the promotional expenses after the release, the film directly caused Universal Pictures to lose more than 100 million US dollars, and it did not recover in the next five years.
Now, the "Saharan Cavalry" has replaced the "future water world" and has become a benchmark for the new generation. The former's global box office is not even as good as the latter's North American box office. People can't even bear to take further damage and can only express their sympathy and condolences.
According to industry insiders' analysis, the "Saharan Cavalry" was shot by Diorama and Baldwin Pictures, but it is not sure about the cost sharing and profit distribution of the two film companies, so it is not certain what direct impact the film's crushing defeat will have on the two companies, but it is certain that neither company will be able to have a good time.
Putting aside the two companies' accounts that have not been disclosed to the public, just from the figures currently understood, the "Saharan Cavalry" lost at least $180 million, and this is still the bottom line of conservative estimates. Combined with the film's publicity offensive in the past few months and the overspential splurge in the filming stage of the latest exposed film, the loss may be as high as 220 million.
220 million, even a top film company like Warner Bros., would take a breath and even need to adjust its filming plan for the coming year, which would inevitably be damaged. Not long after, in 2012, Disney's "Alien Battlefield" invested 250 million, with a global box office of 270 million, and a final loss of more than 200 million US dollars, which directly led to the resignation of then-Chairman Ritchie Ross.
Now, the "Saharan Cavalry" jointly produced by two medium-sized film companies has caused a loss of 220 million. It is hard to imagine how these two companies will bear such losses and how they should fill the huge black hole left by the capital chain. In 2005, it has undoubtedly surpassed the "Cutting the Throat Island" and has become the most loss-making work in film history.
That year, "Chetou Island" invested 92 million yuan, and finally got only 9.5 million US dollars in box office, directly dragging down its production company Carlok Pictures. This production company is not an unknown person. Before that, it produced works such as "Terminator 2", "Jiuling Throne", "Comprehensive Memories", and "Ben/Entertainment" with a good reputation, but it lost all the products due to a decision-making mistake.
Now, it's Diorama and Baldwin Pictures' turn.
On June 20, 2005, everyone was excited because of the redefinition of superhero movies by "Batman Prequel: Return of the Warrior", which brought the summer craze to an unprecedented level, but few people noticed a news report by the San Francisco Chronicle and the Wall Street Journal:
“Deployne Film officially declared bankruptcy.”
Since its establishment in 1996, Diorama has achieved countless amazing results in just nine years. Even at the Oscars ceremony four months ago, the "Rwanda Hotel" they produced won two nominations, but in the blink of an eye, the company became history.
This seems to be an incredible thing. The destruction of a company seemed to be completed overnight. But real industry insiders know that this is normal. Previously, Diorama Film had already faced losses from the poor performance of two consecutive works of "Troy" and "Twelve Arhats". The problem of capital chain is one after another. Especially for such a medium-sized film company, turnover is not easy; not to mention, a loss of 220 million is like a mountain. Even a company with healthy funds and flexible turnover will immediately fall into the mud. The "Saharan Cavalry" is like the last straw that crushed the camel, completely killing all hope, and that's all.
It is not as tragic as imagined, nor as difficult as imagined. Bankruptcy is just a matter of the blink of an eye, it is just a Wall Street game.
Immediately three days later, Baldwin Pictures also declared bankruptcy.
Both medium-sized film companies fell into financial difficulties due to the disastrous defeat of the "Saharan Cavalry" and ended up in bankruptcy. Such cases are common in Hollywood, and did not cause too many troubles or much discussion. Those insiders only shared the news, turned around and returned to their daily lives, with a calm and relaxed atmosphere.
On August 1, 2005, the Guinness Records Organization officially awarded official certification, and the "Saharan Cavalry" replaced the "Cutting Throat Island", becoming the most loss in film history. (.)
Chapter completed!