It's time to sell The Shire, or maybe that much coveted One Ring, because The Hobbit is reportedly shaping up to be the most expensive film ever made and it hasn't even been green-lit yet.
According to NEWS.com.au, the two-part film adaptation of J.R.R. Tolkien's The Hobbit is expected to cost roughly $500 million, with legal fees alone stemming from the rights issues currently running about $100 million. (The Pirates of the Caribbean sequels currently stand as the most expensive U.S. films ever made.)
The site says that if the Hobbit films were released in 3D that it might ultimately help recoup some of its money. The rule of thumb in Hollywood is that a film generally has to earn 2 1/2 times what it cost (production + prints & advertising) in order to be profitable, which means that the Hobbit films will need to make over $1 billion at the box office.
That's certainly not out of the realm of possibility, seeing as how The Lord of the Rings: The Return of the King alone made $1.1 billion at the global box office and is ranked as the third highest-grossing worldwide release of all time (and that's not including home video and merchandising).
Read More : IGN
Sponsors
Diy Solar
Build Solar Panel
diy solar panels
Solar-Winds
Blackheads
softail motorcycles
UK Jobs Board
quilted handbag
http://howtodeleteavirus.com/
best way to burn calories
0 comments: