Men in Black 1997 Commercial See It Again for the First Tiem

1997 striking 'Men In Black' is still yet to make a profit says screenwriter

Tom Butler
Men in Black spin-off movie announced for summer 2019
Men in Black spin-off motion picture announced for summer 2019

Men In Blackness, the 1997 sci-fi one-act starring Volition Smith and Tommy Lee Jones, remains in the red despite making $589 million (£448 million) at the global box office over 20 years agone. Adjusted for inflation, that translates to $944 million (£718 million) in 2022 coin, not taking into account extra ticket prices for 3D or IMAX.

This is co-ordinate to the flick's screenwriter Ed Solomon, who adjusted Lowell Cunningham's comic book seriews for Sony Pictures, who then turned information technology into a mega-blockbuster with a $90 million (£68 million) budget that spawned three sequels and an animated series, non to mention shifting piles of merchandise.

Solomon, who also wrote all 3 Bill & Ted films, Now You lot See Me, and Charlie's Angels (2000), shared on Twitter that he had received his "Men In Blackness profit argument" from the studio over the festive menstruation which said that the picture show had lost "6x what information technology lost last period", linking back to a previous tweet from June this year that said the motion picture was "STILL in the red".

Other filmmakers responded to Solomon'due south mail service to complain nearly similar cases of creative accounting.

Read more: The biggest box office hits and misses of 2019

Jonathan Goldstein, one of the screenwriters of Spider-Man: Homecoming, said the $880 million-grossing Marvel picture show was besides "losing money" according to statements.

Source Code director Duncan Jones replied to the writer saying he was yet owed "$50k of deferred payment" for his pic that was produced by Summit Amusement, a Lionsgate subsidiary.

Katherine Fugate, the creator of Regular army Wives, says the trouble isn't just isolated to movies either, saying her ABC series never made any coin despite running for 7 seasons on a commercial television receiver network.

Picture show studios similar Sony often negotiate "back end" deals with creatives that offer a cut of a film's gross profits: ie when they get into the black. However, due to the complicated way films are financed, distributed, and advertised, some huge films technically never make a penny. Negotiating a deal for cyberspace profits is a safer bet for creatives.

LOS ANGELES, CA - JUNE 15:  Screenwriter Ed Solomon speaks onstage at Coffee Talks: Screenwriters during the 2022 Los Angeles Film Festival at Luxe City Center Hotel on June 15, 2022 in Los Angeles, California.  (Photo by Araya Diaz/WireImage)
LOS ANGELES, CA - JUNE fifteen: Screenwriter Ed Solomon speaks onstage at Coffee Talks: Screenwriters during the 2022 Los Angeles Picture Festival at Luxe Metropolis Middle Hotel on June fifteen, 2022 in Los Angeles, California. (Photograph by Araya Diaz/WireImage)

In 2010 it was revealed that 2007's Harry Potter And The Social club Of The Phoenix, which grossed $938.ii million worldwide, was still over $167 million in the red. David Prowse, the actor who played Darth Vader in the original Star Wars trilogy, similarly never received residuals from Return of the Jedi, as Lucasfilm claimed the picture never made a turn a profit despite earning $572 one thousand thousand worldwide.

Read more than: Men In Black-Bound Street crossover no longer happening

Profit disputes between New Line Cinema and Peter Jackson, the manager of The Lord Of The Rings trilogy, delayed the production of The Hobbit trilogy, and led to actors from the picture show suing the studio over unpaid profits.

Despite Men In Black's apparent losses, Sony still released a fourth film earlier, but Men In Blackness: International was a flop with audiences, earning $254 one thousand thousand against a $110 meg budget.

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Source: https://www.yahoo.com/entertainment/men-in-black-profits-ed-solomon-104552239.html

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