Alien Covenant in the hot seat as Fox reports numbers for 4th fiscal quarter

joylitt
MemberNeomorphAugust 09, 2017Industry insider publication Variety reports that the film division of Fox suffered a 22 million loss in the 4th fiscal quarter, compared to a 164 million revenue in the same period last year. Fox had a bit of a break with DreamWorks Animation’s “Boss Baby,” but “Alien: Covenant” stumbled leading to questions about the horror franchise’s viability, and the Amy Schumer comedy “Snatched” was a box office disappointment. The lack of a major hit caused the division to have a quarterly segment OIBDA loss of $22 million, a $186 million decrease from the $164 million contribution it reported in the same period a year ago.
Fox’s film division was also weighed down by weaker home entertainment sales. In the year-ago quarter, “Deadpool” hit
store shelves, making comparisons difficult.
http://www.latimes.com/business/hollywood/la-fi-ct-fox-earnings-murdoch-20170809-story.html
"haha, no I'm not."
<_<; Yes, good, good... I thought not! ;>_>
"But I must confess I feel very angry when I read that the "franchise viability" is in question"
Deep down, we're ultimately on the same side. Same objective different methods. :)
...I really really love Covenant, though.
@dk
The point I'm taking from it is that we all must buy as much Covenant merchandise as possible.
I'm glad you shared those numbers with us!
Lower ticket prices means more movies being watched in the theater. More movies being watched in the theater equals marketing through the public. Marketing through the public means good movies will make the money and most likely will be watched again and again in the theater. I would say if I saw a movie for $4, I would watch it enough to easily spend $12 that it costs me today. I wouldn't doubt it if I spent a little more than $12 to watch that movie again and again, but I don't find myself spending $24 to watch a movie twice. After that fact takes control of me, I feel a little empty on the inside since I only watched the movie once in the theater. I wish I watched A:C again, but that $12 ticket price just got the best of me.
Another problem with movies is that actors are just paid way to much. If the actors made less, than movies make more profits. I don't see why actors and actresses should be worth $8 million dollars for barely being famous. Example is Eric Roberts. He played an amazing gangster in The Dark Knight. He was perfect for the part, but that was his biggest acting gig (at least that I know of). I am sure other people on here can think of better examples since I don't love movies in general (or T.V. for that matter), but I will stop and take the time to enjoy an Alien franchise movie or novel (if it is an important novel).
These are just my problems with the movie industry and I think it relates to A:C's problems with making money is because all these actors that I have never even heard of in A:C have to make big bucks because everybody in Hollywood has to make big bucks. Obviously they don't get as big as the big stars, like Danny McBride. Yet, this ain't his typical role, so I guess he could get casted cheap.
Why is Amy Seimetz worth $5 million?
Why is Billy Crudup worth $6 million?
The point is, there are people who do more for the world and the environment than these people and would never earn that amount of money in their lives if they worked from age 15 1/2 to 65.
This may not relate to Alien: Covenant very well, but it does bother me.
I Moon Girl Where did you get those numbers if I may ask? I mean Crudup and Seimetz salaries...
I Moon Girl I respectfully disagree that actors take a pay cut. Although there are many great actors out there, there is also the adage that "you get what you pay for". The script is another subject. If an actor makes $8 million for a movie, my understanding is that also pays for coaches, trainers, agents, publicists, lawyers, etc so the actor likely does not walk away with that contracted amount after everyone gets their cut.
I also respectfully ask if you would take a pay cut because others think you make too much. Personally, I will not accept a pay cut for what I do unless others do so.
They're not salaries, they're an estimated net worth.
I just googled "Billy Crudup Net Worth" (or anybody famous really).
I know, I know. A simple google search is not real research and Wikipedia is forbidden in all research, but still, my life ain't movies so I ain't going to do that much research for something like this.
If we just remember that those are rough estimates, I think we can still see that those numbers shouldn't be, but they are...
@dk
I guess those numbers make sense with the obsession people have with the television.
Why do actors get more money than NASA employees? I would much rather a NASA Aerospace Engineer get paid more than $100,000 a year. I mean, that's real space.
Why can't NASA get more funding to develop real space instead of spending it on the movies?
Why do we have people dying of hunger in Africa and we got people make poses and faces and saying a few lines which are making more than an average person makes in their whole life?
I guess the movies just make TONS of money, so they are just spreading the wealth to the people who had a part in making the successful movie. Why can't those movies go to charities instead of the actors making this money?
Someone who is worth $8 million and acted their whole life and doesn't come from a rich family made more money than a person could ever need even after paying the necessary expenses that come with the acting job.
"What have we gotten?! Yea! Yea! That's entertainment!"
- Spyder One
It doesn't make sense to me.
I Moon Girl I agree that health care workers and scientists are more valuable than entertainers, but that is what the majority of the world deems more important and worthy of more money. Entertainers make as much as they do because people are willing to pay for it to be honest. And no one to my knowledge will willingly accept a pay cut.
Plus, why does the same television make me feel guilty about abused dogs when I can barely pay the rent? The rich people should be pestered with those commercials, not me...
I Moon Girl The TV also has an off switch.
Truth be told, what Hollywood sell us is a fantasy. It has always been. It is rather ironic how in the movies the US is still conquering worlds when american astronauts have to hitch a ride from soviet rockets if they want to visit the space station.
Remember that feeling guilty is a self imposed feeling. I used to get choked up on those Sarah McLaughlin commercials before I realized that those dopey dogs were post op coming out of anesthesia and that someone paid a lot of money to ask for mine.
@dk
You're right. Most actors wouldn't take the pay cut. It's the same in sports. Players switch teams just for the money. They may be barely famous, but it doesn't matter. The only thing that matters to them is the extra million dollars.
Players would even trade in the most fame a person could have and any type of positive impact they would have on their community which loves them so much to make that extra million. Albert Pujols is an example. What a loser. I don't like to call people names, but I will because I think most people could agree that Pujols should've never gone to the Angels.
I guess those numbers make sense with the obsession people have with the television.
@dk
"Remember that feeling guilty is a self imposed feeling."
Would you go so far as to say that it would be better to be unclouded by conscience, remorse, or delusions of morality?
VivisectedEngineer Brett, I would not say that for myself, but a Xeno might be that way.
dk Or a politician.