Paramount is sucking

Malcolm · Post by **Malcolm** » Tue Feb 21, 2017 8:43 pm

CEO resigns amidst a banner year.

Now the industry knows why. Twelve years after Grey joined the studio, his run is at an end following a year in which Paramount lost almost $450 million thanks to flops including Teenage Mutant Ninja Turtles: Out of the Shadows, Whiskey Tango Foxtrot and Zoolander 2.

Someone has to tell me who, in their throes of drunkenness and crunkenness, thought Zoolander 2 was a solid bet for a theatrical release.

It's unclear who'd want to run Paramount, given the level of scrutiny likely to come from the higher-ups, a situation analogous to Fox, where both James and Lachlan Murdoch are closely involved with the studio.

Ah, Fox. Another studio that had a great year. Here's an article from last January describing the most anticipated upcoming films of theirs:

Kung Fu Panda 3 – 1/29 ... saved by foreign market revenue, especially China, where it did better than the US
Deadpool – 2/12 ... the only home run in this entire fucking list
Eddie the Eagle – 2/16 ... crap
The Other Side of the Door – 3/4 ... crap
X-Men: Apocalypse – 5/27 ... warmed over crap saved by the Chinese market
Independence Day: Resurgence – 6/24 ... didn't even make 2/3rds of the budget back on the domestic market, yet again, saved by foreign ones
Mike and Dave Need Wedding Dates -7/8 ... slightly better than breaking even
Ice Age: Collision Course -7/22 ... same as ID2
A Cure for Wellness – 9/23 ... released in 2017
Trolls – 11/4 ... semi-respectable performance
Why Him? – 11/11 ... semi-respectable performance
Assassin’s Creed – 12/21 ... sucked, foreign market kept it from being a complete bomb
Miss Peregrine’s Home for Peculiar Children 12/25 ... semi-respectable performance
Keeping Up with the Joneses – Undated 2016 ... couldn't crack $30M worldwide on a $40M budget

Is every studio exec simply a fucking idiot? Can they not do basic math and financial analyses?

Post by **Leisher** » Tue Feb 21, 2017 10:22 pm

Teenage Mutant Ninja Turtles: Out of the Shadows, Whiskey Tango Foxtrot and Zoolander 2

To be fair, that TMNT movie is a sequel to a film that made $191 million two years prior. The other two on that list are not blockbuster material though.

Holy shit! I just did some light research and Zoolander 2's budget was $50 million. Zoolander made $45 million 15 years ago... That's just phenomenally bad management.

Deadpool – 2/12 ... the only home run in this entire fucking list

The best part of that is its the movie the studio heads didn't want to make. It was in limbo for years.

Malcolm · Post by **Malcolm** » Tue Feb 21, 2017 11:27 pm

Last TMNT I remember was pure CG. Is this the second Bay one?

Post by **Leisher** » Wed Feb 22, 2017 12:19 am

Malcolm · Post by **Malcolm** » Wed Feb 22, 2017 2:39 pm

Leisher wrote: Yes.

Yeah, at least that one didn't have Tyler fucking Perry. On the plus side, the second one looks to have done so bad that sequel plans are being killed.

Post by **Leisher** » Wed Feb 22, 2017 4:12 pm

Malcolm wrote:
Leisher wrote: Yes.
Yeah, at least that one didn't have Tyler fucking Perry. On the plus side, the second one looks to have done so bad that a sequel plans are being killed.

Not breaking $100 million will do that.