New Report Says THE MARVELS Had A Much Higher Budget Than What Was Recently Stated

New Report Says THE MARVELS Had A Much Higher Budget Than What Was Recently Stated

Many MCU fans were shocked to learn that The Marvels had a very modest budget in comparison to more recent Marvel projects but a new report from Forbes says that initial claim was too good to be true.

By MarkJulian - Sep 20, 2023 11:09 PM EST
Filed Under: The Marvels
Source: Forbes

Something about The Marvels having one of the smallest budgets ever for a Marvel Studios film just didn't pass the smell test. 

Spending on projects across film and television was seemingly out of control during the Bob Chapek era of Disney, prompting the recently returned Bob Iger to publicly state that things would be different moving forward. Of course, by the time Iger made these comments, The Marvels had already wrapped filming.

So when Vanity Fair published a piece on the 33rd film in the Marvel Cinematic Universe (MCU), asserting that The Marvels had a budget of just $130 million, many Marvel fans had a hard time believing it.

And it turns out, those doubters were right as Forbes has dug into company filings and discovered that Marvel actually spent $270 million (over 2x what was initially reported by Vanity Fair) on The Marvels. After filming in the U.K. and factoring in a $55 million tax credit, that brought the actual budget down to $219.8 million.

Filming on The Marvels commenced on May 31, 2021, and wrapped on May 13, 2022. Reshoots commenced in August 2022 with some reports stating that the film was undergoing a massive overhaul (something similar was reported on Secret Invasion).

With the increased budget, it's now critical for The Marvels to repeat the box office success of Captain Marvel. What are the odds of that happening in this new, post-Covid box office landscape? Let us know in the comment section below.

After a series of release date changes, The Marvels is currently slated to hit theaters on November 10, 2023.

The Marvels will star Brie Larson (Short Term 12, Fast X) as Carol Danvers / Captain Marvel, Teyonah Parris (The Photograph, Candyman) as Monica Rambeau/Photon, Iman Vellani as Kamala Khan / Ms. Marvel, Zawe Ashton (Not Safe For Work, Nocturnal Animals) as Dar-Benn.

Also appearing in supporting roles are Gary Lewis (His Dark Materials, The Bay), Park Seo-joon (Itaewon Class, Concrete Utopia), and Samuel L. Jackson (Secret Invasion).

Teaming up changes everything everyone.

Carol Danvers aka Captain Marvel has reclaimed her identity from the tyrannical Kree and taken revenge on the Supreme Intelligence. But unintended consequences see Carol shouldering the burden of a destabilized universe.  When her duties send her to an anomalous wormhole linked to a Kree revolutionary, her powers become entangled with that of Jersey City super-fan, Kamala Khan aka Ms. Marvel, and Carol’s estranged niece Captain Monica Rambeau. Together, this unlikely trio must team-up and learn to work in concert to save the universe as ‘The Marvels.'

About The Author:
MarkJulian
Member Since 6/8/2011
CBM writer for a decade+.
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ModHaterSLADE
ModHaterSLADE - 9/20/2023, 11:27 PM
Could have an indie budget for all I care. I just want a solid movie that makes me find Carol interesting outside of her badass powerset.
Scarilian
Scarilian - 9/21/2023, 6:26 AM
@ModHaterSLADE -
They should really have gone with the concept of death/legacy, have Carol losing her powers after the 'destruction' of the Tesseract that occurred in Endgame. Everything the Tesseract powered is now losing powers.

E.g. Carol losing her powers, conflict with Monica about the idea of potentially giving her mother cancer due to exposure to space because she wanted to support Carol, focus on the idea that Carol inspired a new generation using Kamala as an example

Works as a way to nerf Captain Marvel and focus more on the human impact of what Carol has done to inspire or what her impact has been on her friends. Have her prove herself as a person and win through her out-of-the-box thinking or something as opposed to her powers. Potentially she makes the 'ultimate sacrifice'.
Amaru
Amaru - 9/20/2023, 11:30 PM
I have a feeling this movie will be better than a lot of people expect. I hope anyways. Marvel Studios has been pretty hit and miss since End Game.
bobevanz
bobevanz - 9/21/2023, 12:13 AM
@Amaru - hopium is am evil drug
Taonrey
Taonrey - 9/21/2023, 1:56 AM
@Amaru - marvel been hit or miss since phase 1
Amaru
Amaru - 9/21/2023, 8:35 PM
@Taonrey - Cool story.
JDL
JDL - 9/20/2023, 11:48 PM
The $130 Million is the amount spent in the first 2 months IN GREAT BRITIAN. This is info that was publicly available because of the British tax credits. News on other spending, until possibly now, has been sparse and not very relaible.
TheLobster
TheLobster - 9/20/2023, 11:52 PM
This will make money but no way in hell that this makes a Billion like Captain Marvel made lol
marvel72
marvel72 - 9/21/2023, 5:32 AM
@TheLobster - It will be because Disney will say it has or they'll buy empty seats.
bobevanz
bobevanz - 9/21/2023, 12:12 AM
Imagine having to make 547 million dollars to break even on an after school special LMAO
Scarilian
Scarilian - 9/21/2023, 6:20 AM
@bobevanz -
$274m before the re-shoots where the entire thing got re-shot twice. Insuring, marketing budget and delaying it multiple times likely factored in also.

Wouldn't be surprised if the break-even is around $750-$900m
Ryguy88
Ryguy88 - 9/21/2023, 7:17 AM
@bobevanz - and that doesnt even start paying for marketing yet!
TheUnworthyThor
TheUnworthyThor - 9/21/2023, 12:28 AM
That makes more sense but I’m not the type that pretends I know the actual financials of the studios and their movies, considering how notoriously convoluted they are. And I also don’t ignore all the other revenue streams a movie has. Such a short runtime has me nervous about the movie but this movie has a huge advantage of when it’s being released and the lack of other similar fare in that timespan.
dracula
dracula - 9/21/2023, 12:57 AM
Gonna need to do similar numbers to the first film to be successful

Guess this will put an end the conversation on whether or not the first film’s success was do to endgame hype or not
JDL
JDL - 9/21/2023, 1:20 AM
@dracula - Given the differences no, too much has changed in the marketplace for it to do that much business. It will do a lot less unless it is unexpectedly great. If it did Guardians 3 B.O. that would be time for a celebration but I expect something in the low $700M area and modest profit at the B.O..
Origame
Origame - 9/21/2023, 7:25 AM
@dracula - yeah. I still don't get why people try to argue captain marvel success wasn't the result of endgame hype. During that phase the mcu kept pulling all these unique superhero movies, yet one of the biggest films they made then was a generic origin story? Even if you liked it, you have to admit it got there because of the end credits of infinity war implying captain marvel would be important
TheOtherOn
TheOtherOn - 9/21/2023, 1:24 AM
Pretty sure they forgot to add Brie Larson's salary earlier into the final numbers! 😣







Gabimaru
Gabimaru - 9/21/2023, 1:40 AM
It looks expensive and cheap at the same time! only current MCU can do that
DocSpock
DocSpock - 9/21/2023, 2:01 AM


As it turns out, they blew it all on makeup.

Origame
Origame - 9/21/2023, 9:41 AM
@DocSpock - they just threw money at random sh!t because "we need to be as expensive as male led movies" 🙄
MosquitoFarmer
MosquitoFarmer - 9/21/2023, 3:19 AM
Duh! Did anyone even watch the trailers alone?
Onislie
Onislie - 9/21/2023, 3:33 AM
Check my profile here => getcutt.fun/3mx99 for more videos and snaps. We can talk and trade spicy pics there
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