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by gamblor956 1125 days ago
$10 million hasn't been "medium" budget for Hollywood since the 1990s. In 1995, the average cost of a Hollywood film was approximately $34million. By 2003, that number had ballooned to $59 million. (https://www.latimes.com/archives/la-xpm-1995-03-08-fi-40252-...)

Today, the threshold for "medium budget" is somewhere around $30 million, with the threshold for "high budget" somewhere around $90-100 million.

Also, A24 is as Hollywood as you can get. Their offices are located in WeHo. All of their films are the kinds of films that Fox Searchlight and New Line Cinema specialized in.

(With respect to the films you mentioned, Puss in Boots and Halloween Ends both achieved profitability during their theatrical runs. D&DHAT did not make its budget back in theaters and is not expected to achieve profitability for several years if ever; it is very likely that it will not get a sequel, or if it does the sequel will have a much smaller budget.)

1 comments

Yes this is the exact point he is trying to make.
No, his point was that A24 is not doing the "typical" Hollywood thing, by focusing on low-to-mid budget films.

My point was that A24 (which is based in Hollywood) is just doing what New Line Cinema and Fox Searchlight (also based in Hollywood) did before them. New Line has since graduated to mid-to-high budget films due to the success of their early films like Scream. Searchlight still distributes arthouse films but under Disney has a significantly smaller budget to produce or acquire films; it's arguably more indie than A24 is now.