![]() Of the money spent on filming in the UK last year, some $6.5 billion (£5.4 billion) came from overseas, largely the United States. It's $242.4 million (£202.9 million) costs were partly defrayed by a $47.5 million (£39.8 million) reimbursement and it also got a $1.4 million (£1.2 million) grant to compensate for the impact of the Coronavirus.Īnalysis of 39 sets of financial statements shows that Disney spent total of $2.0 billion (£1.7 billion) on making its five Star Wars films which generated $1.3 billion of profits after factoring in a total of $343.9 million (£287.9 million) of reimbursements.Īs we recently reported in The Times of London, the British Film Institute (BFI) recently announced that a record $7.5 billion (£6.3 billion) was spent on film and high-end television productions in the UK last year alone compared with only around $143.4 million (£120 million) annually in the early 1990s. Star Wars is leading the way with this as at least two movies are currently in development including one directed by Oscar-winner Taika Waititi.Īlthough the takings and profits of streaming shows are shrouded in mystery, the financial statements do give an insight into their costs as Andor was made in the UK. If they had been screened at the theater, viewers would have had to pay separately to watch them all which is why Disney's chief executive Bob Iger recently signalled a shift towards releasing more new content theatrically rather than streaming it. Its poor performance combined with the onset of the pandemic ushered in a string of Star Wars streaming shows on the Disney+ platform including Obi-Wan Kenobi, Andor, the Book of Boba Fett and smash hit The Mandalorian which starts its third series today.ĭisney+ subscribers pay a single fee which grants them access to all of its new content making it impossible to determine how much revenue is generated by each Star Wars streaming show. The Rise Of Skywalker's $120.9 million net profit and 0.3 times ROI multiple temporarily brought the curtain down on Star Wars movies on the silver screen. The accolade for the lowest profit and ROI multiple in Disney's Star Wars series goes to 2019's The Rise Of Skywalker even though the financial statements reveal that its costs were "below the production budget." However the movie bombed at the box office and as the takings came to just $392.9 million leaving Disney with an estimated loss of $74.4 million. The impact of this is revealed in the financial statements for the production company behind Solo which say that "the final cost was higher than the agreed budget." A total of $330.4 million (£276.6 million) was spent on making the movie which also got $59.6 million (£49.9 million) of its costs reimbursed bringing its net spending to $270.8 million. During production its directors Phil Lord and Christopher Miller were replaced with Oscar-winner Ron Howard who reportedly carried out extensive reshoots causing costs to skyrocket. There was a disturbance in the force when the 2018 Han Solo origin picture was being made. Although it paid off with a healthy profit it could have made even more as the filings for the movie state that "the final cost was higher than the agreed budget."Īt the other end of the spectrum is Solo: A Star Wars Story which is Disney's only loss-making Star Wars movie. ![]() ![]() The net profit or loss of Disney's five Star Wars movies Caroline Reid using Flourishĭisney spent a total of $280.2 million (£234.5 million) making Rogue One which was a tremendous gamble as it largely featured little-known actors. ![]()
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