Ghost Rider: Spirit of Vengeance's Budget Cut From $135 Million To $75 Million!

Ghost Rider: Spirit of Vengeance's Budget Cut From $135 Million To $75 Million!

Despite a fairly successful first installment, Sony have cut the movies budget in order to focus on Spider-Man and Men In Black 3! Hit the jump for all the details...

News
By JoshWilding - Oct 27, 2010 03:10 AM EST
Filed Under: Ghost Rider
Source: The Wrap

It looks like the movie will find it even harder to compete against the likes of Batman 3, Superman, Spider-Man and The Avengers in 2012 as Sony have apparently decided to cut the budget for the movie! Here are the main points of interest courtesy of The Wrap:



"That film had an estimated budget of $110 million, and grossed $115 million domestically, and a total of $229 million worldwide."

"This time Ashok Armitraj’s Hyde Park Entertainment has stepped in to cofinance the project because Sony has so much capital tied up in 'Spider-Man' and 'Men in Black 3' and 'The Girl With the Dragon Tattoo.'"

"The budget has been cut from $135 million to a leaner $75 million, according to a knowledgeable insider."

"Even Nic Cage had to take a serious haircut to reprise Johnny Blaze, down from his $12 million fee to what one knowledgeable insider said was $7 million."

Written by David Goyer and directed by Mark Neveldine and Brian Taylor, production is set to begin shortly with a release date set for February 17, 2012.



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DetectiveCinema
DetectiveCinema - 10/27/2010, 3:53 AM
Meh, not too interested in this one. The first one sucked ass! This looks like it's gonna be about the same.

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LEEE777
LEEE777 - 10/27/2010, 3:56 AM
Well that don't matter, still gonna be better than FIST A$$! : D



Click click = JUSTICE LEAGUE OF AMERICA LIVE-ACTION TV CASTING!

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Orehrepus
Orehrepus - 10/27/2010, 4:08 AM
Awww, crap!
I was hoping the Romania location was to trim budget for a better CGI. Now it seems more likely that BECAUSE the budget was badly trimmed that they were forced to go there.

Awwwww.......
WeaponX
WeaponX - 10/27/2010, 4:20 AM
The first one was goofy. I don't know where all that $110M went though. Most likely on CGI and some of the actor's paycheck. Some people certainly didn't earn their paycheck on that one, though. Keeping in mind how camp and silly the first one was, I'm not all that excited for another round. That said, $75M is still [frick]in' plenty to put on an entertaining movie. I think "X-Men" had a similar budget. If they use this as an excuse as to why it may fail commercially, then [frick] them up their lazy ass. If movies like "Equilibrium" are anything to go by($20M budget)you don't need big budget to make a good and entertaining movie. You just need to be smart. I know that there are exceptions, like "Spider-Man" and the upcoming "Green Lantern" who need the budgets to fully realize the character but "Ghost Rider 2" doesn't. Like I said, $75M is plenty.

JaySchluffy
JaySchluffy - 10/27/2010, 4:24 AM
Orphix
Orphix - 10/27/2010, 4:37 AM
Surely the people making the film got news of this a long time ago.

Aren't they gonna start filming next week?
AlexDeLarge87
AlexDeLarge87 - 10/27/2010, 4:58 AM
It would be miracle if they can make this work!:/
jazzman
jazzman - 10/27/2010, 5:06 AM
geez Hyde Park Entertainment is involved in this movie. u know Hyde Park Entertainment was involved in doing "Street Fighter: The Legend of Chun-Li" lol

Shaman
Shaman - 10/27/2010, 5:08 AM
I hope they can't make it work and the rights revert to Marvel which i'm sure will never happen. But hey, stranger things have...

Jazzman- Goddamn... you sure do know how to catapult shit at a fan LMAO!!! :P
jazzman
jazzman - 10/27/2010, 5:12 AM
@Shaman

hahaha :P

not going to forgive Hyde Park Entertainment for that mess of a movie. Taboo as Vega LMAO

marvel72
marvel72 - 10/27/2010, 5:21 AM
so this is shaping up to be a epic fail,good.

$135 million than it went down to $75 million,next they scrap the film.

the rights go back to marvel everyone is happy.
Shaman
Shaman - 10/27/2010, 5:54 AM
SirPrize- That Slash hat with flames is AWESOME :))
f4rrel
f4rrel - 10/27/2010, 6:12 AM
sounds reasonable for me. Even Nic doesn't deserve that amount of money...
MassExecutions
MassExecutions - 10/27/2010, 6:14 AM
Less Money = Less Ghost Rider = Were Screwed.

Why doesn't Marvel just by the rights back? If they won't invest in the character they can't think its that valuable. Hope that the Crank guys can still make some crazy action scenes. That will probably be the movies only redeeming quality.

WeaponX - You get 10 point for mentioning Equilibrium.
sagekilz
sagekilz - 10/27/2010, 6:33 AM
wow, not a good sign.
megabatfan
megabatfan - 10/27/2010, 6:51 AM
So there is truth to the report which says that FOX & SONY will rather put out mediocre quality CBM or release them direct to dvd, rather than revert the rights to MARVEL.
Prepare for even more sh!tty movies from these studios guys...
JohnnyKrypton
JohnnyKrypton - 10/27/2010, 6:57 AM
That really sucks. If Cage has any sense he'll walk. I wonder if Sony planned this all along, like a bait and switch to get Cage aboard and then pull the rug?
GUNSMITH
GUNSMITH - 10/27/2010, 7:01 AM
I HATE FOX AND SONY..BUT FOX IS WORSE
Shaman
Shaman - 10/27/2010, 8:03 AM
Dickel- You must not live in L.A.! A big mac costs five hundred thousand dollars over there. LMAO :P
MassExecutions
MassExecutions - 10/27/2010, 8:14 AM
@Dickel - Its supply and demand. Its all about the amount of revenue the actor is expected to generate. Same with pro-athletes.
villain001
villain001 - 10/27/2010, 8:37 AM
i dont even know why there bothering with this... there are so many more superheros they can be throwing there money at that would work
JoshWilding
JoshWilding - 10/27/2010, 8:51 AM
$75 million is still a fairly decent amount I suppose, even if it is puny in comparison to other CBM's, but after the first (mostly awful) movie I don't really have high hopes for this anyway. And in all honesty, in a year with The Avengers and Batman 3, I can cope with a crappy Ghost Rider movie especially if it means that the rights will go back to Marvel! :P
souhunter
souhunter - 10/27/2010, 8:58 AM
[frick]!!!
Shaman
Shaman - 10/27/2010, 9:40 AM
ckal- It's a pitty but i agree.
continuezero
continuezero - 10/27/2010, 10:37 AM
Wait, so Nic Cage not only gets to destroy the legacy of Ghost Rider, he gets paid 7 Million to do it? Why not do the same thing as Sony did with Spiderman and Andrew Garfield? Get an up and coming actor, pay him his minimum and have more available for the movie's budget? Just watched GR again, just as terrible as before. The ONLY CBM where I seriously considered walking out of the theatre.
HULK2099
HULK2099 - 10/27/2010, 4:25 PM
there gonna have to light a fake skull on fire
Marvelmaniac88
Marvelmaniac88 - 10/27/2010, 6:49 PM
Any movie with "actor" Nic Cage must die. Especially if it is a CBM that would have potential if he was not in it.
Orehrepus
Orehrepus - 10/27/2010, 9:20 PM
ROTLMFAO. You guys are hilarious! SirPrize tops you all!
CaptainAmerica1
CaptainAmerica1 - 10/27/2010, 9:59 PM
KEEP CUTTING IT UNTIL CAGE DOESN'T WANT TO BE IN IT.
IF CAGE IS IN IT, IT WILL TANK.
ROMACK
ROMACK - 10/28/2010, 2:56 AM
They are gonna have to dump CGI for good old CLAYMATION!
theartofoneness
theartofoneness - 10/31/2010, 5:06 PM
how much you wanna bet this budget cut will make the movie better?
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