It’s pretty wild when you contrast “The Marvels” to literally every single other MCU film that came before it…
Prior to “The Marvels”, a film being a financial flop was never even considered. It was always a matter of “*exactly how well is this going to do*” — certain films did way better than others, but nothing was anything remotely close to unprofitable.
Then we get “The Marvels” which goes on to lose 237 million, which places it number one on the all time box office bomb list for pure money lost, and number two when adjusting for inflation coming in behind John Carter.
Then the next MCU installment is “Deadpool & Wolverine“ which goes on to gross 1.38 billion worldwide.
It truly is an anomaly.
Then we get “The Marvels” which goes on to lose 237 million, which places it number one on the all time box office bomb list for pure money lost, and number two when adjusting for inflation coming in behind John Carter.
Then the next MCU installment is “Deadpool & Wolverine“ which goes on to gross 1.38 billion worldwide.
It truly is an anomaly.
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With Disney premier black widow pulled a tiny profit and so did Shang chi.
Edit: forgot the word quantumania.
I know marketing and stuff isn’t factored in, but from a pure math standpoint it doubled it’s budget
the film had a 200 mill prod budget and about 100 mill on P+A/Marketing.
That’s 300 million to recoup.
The studio gets 60% of domestic ticket sales, 25% of Chinese ticket sales, and about 40% from everywhere else.
The film grossed 214.5 million domestically 39.5 million in China, and 222 million everywhere else in the world.
That means that the studio made 128.7 million domestically 9.875 million from Chinese ticket sales and 88.8 million from the rest of the world. This gives the studio a net revenue of 227.375 million approximately.
Take 227.375 million and subtract the $300 million total investment on the film and that leaves you with a loss of $72.625 million approximately.
*that’s* pure math.
Here it is: https://www.forbes.com/sites/carolinereid/2024/10/27/how-marvels-latest-ant-man-movie-lost-millions-in-theaters-but-still-made-a-profit/?fbclid=IwY2xjawGMfAZleHRuA2FlbQIxMQABHfDVx1-ftowVzbFveEQtimHA45lSB5CtlOVgyg74yMqs5W1NzAWt9JkMmg_aem_FGIfeXPUJlQTDBra2k2jrw
It was a massive failure. Made 150 million less than its predecessor with a higher production budget.
Also im not trusting a Forbes article unless it’s referencing the Hollywood reporter, variety or deadline.
Edit: also this article says the movie made 88k… on a 388 million investment. That’s an ROI of 0.022%. That’s still abysmal.
I think there were a lot of issues present with the MCU at that time (which has been talked about here ad nauseam) that all came to a head with The Marvels, which prompted the underperformance.
Then Secret Invasion released right before The Marvels… we know how that turned out.
This was probably the lowest time for all the MCU. It didn’t help that The Marvels had included Fury and people expected SI to somehow be related. Well if SI is the worst MCU product ever, no one’s going to have hype for The Marvels “follow up”.
DP+W is an outlier because they had Hugh back. So that was never going to fail no matter what.
Eternals, Incredible Hulk, & Quantumania also lost money, for the record, just not *as much*.
1) Strikes- We were during a time when actors were not promoting their movies due to the strikes. Advertising is a huge thing and a trillion dollar empire on its own just to get to the product itself. So lack of promoting will always hurt a movie. There is a reason these movies spend millions or close to the same amount of spending on advertisements as they due the movie.
2) The failures that came before it- Thor 4 and Quantum Mania and Secret Wars. These were low points in terms of quality.
3) Captain Marvel 1 while it earned a lot had mixed receptions. So a follow up was always going to be iffy and really needed to knock it out of the park. But with the two above points and combined with some below this obviously did not knock it out.
4) Brie Larson Hate- Brie made comments prior to the first movie that has a brigade of anti-Brie mysoginists who hate a comment she made essentially saying “movie review critics are primarily white men, i am interested in more diverse views as well” but phrased in a definite controversial way (not on purpose) “I don’t need a 40-year-old white dude to tell me what didn’t work about ‘A Wrinkle in Time.’ It wasn’t made for him.” This drove tons of people to essentially hate her character when there was tons of adoration for her casting prior to this and was even the fan cast favorite.
5) Afraid of homework- Two of the characters (well monica from first but powers from wandavision) came from TV shows. And Fury was in a show just prior. In hindsight not necessary to watch any of them but no one knew that at the time
6) Less quantifiable but not ignorable- Racism/ Misogyny. its the first MCU film revolving around 3 Female protagonist. Two of color.
7) It was an average film. If it was great word of mouth also helps a ton! (Although word of mouth did not help Thunderbolts) The hate is significantly over blown i personally thought its a very fun film and on par with Dead Pool and Wolverine and due to its short length I watch it a lot. Very short. but it is definitely a film you could have wait until its on streaming.
Some of these points alone or a few combined maybe dont tank it but mix them all together and yeah it flopped.
Contrast that to this year's big movie, Kpop Demon Hunters. The soundtrack is inescapable across Korea. If The Marvels had a song with even half that quality...
Many The Marvels viewers were turned off by the idea of a singing section- think what could've happened if the singing was actually good.
All that hype for what ten seconds. Ridiculous.
Was kinda sad how bad it flopped cause I was surprised by how charming the Ms. Marvel show was, and I was hoping Carol could step up to being a prominent figure. But I doubt she'll be a big three type now. Flick was alright but the villain was weak. Had some cool combat but I felt like it didn't really capitalise on the potential of a super, alien space adventure. Got a whole bunch of crazy powerful beings, I felt like the battles could've gone way bigger in scale. I don't want a final fight contained to one room, I want them flying at each other at light speed and their punches disintegrate the ship just as collateral damage.
I dunno.
I think we were all just salty about how badly they botched Secret Invasion too. Killed some cool characters for that. Character assassinated Fury. Then it's like he's playing a weird alt universe version in this film. Total whiplash there. Is he dark and serious and very flawed? Is he like the fun super spy uncle in space with the kooky family? I think this film would be elevated if you avoided watching SI beforehand.