According to media reports, Christopher Nolan’s global new work “Oppenheimer” costs about 100 million U.S. dollars in production and 100 million U.S. dollars in publicity costs. The total cost of the film is about 200 million US dollars.
Because the contract signed by Christopher Nolan and Universal guarantees that he can get a certain percentage of the total box office upfront in the future.
So some people estimate that “Oppenheimer” will spend another 50 to 60 million dollars.
Some professionals estimate that “Oppenheimer” will have to win at least US$400 million in the global box office to achieve profitability.
Nowadays, traditional film companies rarely invest up to nine figures for a movie without IP.
And Nolan’s predecessor “Tenet” cost about 200 million U.S. dollars, and the final film reached a global box office of 363 million U.S. dollars, which was not as good as expected.
This also resulted in Nolan not continuing to cooperate with Warner.
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But this does not mean that people in the film industry are betting Nolan loses.
After Nolan’s relationship with Warner Bros. became strained, the streaming platform was willing to support Nolan’s new film, but he still insisted on showing “Oppenheimer” in theaters.
Nolan prefers to cooperate with traditional film companies.
In the end, Universal threw an olive branch to him.
Before “Tenet”, Nolan’s films also had good box office results.
“Inception” has a global box office of 836 million U.S. dollars, “Interstellar” has a global box office of 701 million U.S. dollars, and “Dunkirk” has a global box office of 526 million U.S. dollars.
Nolan also has a group of very loyal fans, and the creativity of his movies has always attracted audiences into the theater.
However, the background of “Oppenheimer” is set during World War II, telling the story of “Father of the Atomic Bomb” J. Robert Oppenheimer.
Compared with previous works, such a traditional biopic of historical figures may limit the audience’s interest in it.
“Oppenheimer” is expected to be released in 2023. By then, it is unknown how the film industry will change, and the epidemic has not completely ended.
These are all factors that will affect the box office performance of this movie in the future.
When Hollywood is full of IP movies such as Marvel, Star Wars, 007, Jurassic World, Fast and Furious, everyone is still eager to see blockbuster films that insist on pure originality like Nolan.
The good results of “Oppenheimer” can inspire more film companies to spend more money to try new ideas instead of just pursuing comics and superheroes.
Currently, “Oppenheimer” starring has invited Cillian Murphy, Emily Blunt, Matt Damon, Robert Downey Jr., etc.
“Oppenheimer” is scheduled to be released in North America on July 21, 2023.
Related Post: “Oppenheimer”: Robert Downey Jr., Matt Damon join Nolan’s new film.
