We have recently received two emails that discuss the details on our article on big summer budgets (here). One of the most talked about films in the article was Superman
Returns, a film we reported to have a budget somewhere near $250 million. We followed this information by showing our amazement on how Spider-Man 3 is already looking north of the $250M mark.
Well, it turns out that Warner Bros did not want to get out done; or should I say out spent?
Superman Returns Budget
Both emails I had received claimed that their are rumors that suggest the budget of Superman Returns has already shot well north of $250 million. I decided to look into this and discovered that none other than The Sun Online -- in their 'bizarre' section -- ran a brief editorial on the rumor.
Now, I know the publication (The Sun) is known for being inaccurate on many topics, let's still take a look at the numbers they are reporting.
According to them, Superman Returns could be pushing the $300 million mark. Now, most have already predicted that Superman Returns should rock every box office it enters, but this number is still a hefty one to recover. Add the fact that Superman Returns has to face off against Pirates of the Caribbean: Dead Man's Chest only a week after its release and one has to wonder how nervous Warner Bros is.
The Sun admits that they got a lot of their information from David Poland, editor of Movie City News.
According to Poland, “There’s no way it could cost less than $250m based on what they green lit. It was $200m with first director McG before Bryan Singer took over. When Bryan took over they had to re-shoot. I figure it’s anywhere between $290m and $300m at this time.”
Warner Bros begs to differ by stating that the film cost only $204 million; even though industry insiders have put the film’s costs at between $250 and $261 million.
I guess once you spend two-hundred million what is another fifty to one-hundred million more?
Superman Returns will fly into theatres on June 30th.