An interesting report from today's Hollywood Reporter was just brought to our attention. In the piece they talk about how the movie studios are in search of the next big property to turn into a successful film franchise. In it they also give updates on the more recent big time franchises like Spider-man, Shrek, Ice Age, etc. and their plans for the future. At one point in the article they get to talking about Warner Bros.' properties. and Singerman comes up with a quote from studio head Alan Horn:
"The future of the studio's recent comic book adaptation, 2006's "Superman Returns," is somewhat more dubious. That film cost $209 million (even after various tax rebates) and marketing costs sent expenses upward of $300 million, but director Bryan Singer's Man of Steel picture made only $201 million domestically. While insiders say the movie was profitable, the studio mandated major cost cuts before proceeding with a sequel."IF we do a sequel to 'Superman,' we want it to be less expensive," Horn acknowledges. "I have to see a screenplay before I say yes to anything. But the studio would be willing to spend as much as $175 million if the screenplay and other factors warranted it."Still, Singer has announced that he plans to direct a second "Superman" project."Interesting. Not exactly a vote of confidence for the continuation of the franchise when the studio head is using terms like "IF we do one" or "we'd need to see a screenplay before we say yes." You'd think he'd have a little more confidence in a director in an already established franchise if it was doing as well as some would have you believe. Obviously a script must be turned in before any film is greenlit, but you would think he'd be talking in a lot less uncertain terms about one their alleged big movie franchises
Even if it does get approved that's gonna be a REAL tight budget for a director like Singer who allegedley wants to up the action in a sequel. It also seems that Singer and his cronies (and his worshippers over at IESB) may have gotten a little ahead of themselves with talk of doing a sequel because the "money man" doesn't seem so sure right now.
Speaking of money, Michael Bay did quite a nice job updating an iconic character franchise from the 1980's, no? And for the cost of only $150 million (and that's with heavy CGI). Now there's a guy who gets the most bang for his buck. Just pair him a decent writing team and script supervisor to keep him in check and you're good to go apparently.