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Justice League to LOSE Warner Bros. $100 Million – The CineFiles Ep. 48

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Written by Matt Campbell The CineFiles Ep. 48

Did you hear that James Cameron is taking his Avatar sequels underwater? That Disney/Pixar’s John Lasseter has stepped down amidst sexual misconduct allegations? What about Justice League losing a ton of money? No? We’ve got you covered. Welcome to The CineFiles! A weekly show where we zoom in on the most buzz-worthy news Hollywood and the indie scene has to offer.

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Transcript
Written by Matthew Campbell

The CineFiles Ep. 48

Did you hear that James Cameron is taking his Avatar sequels underwater? That Disney/Pixar’s John Lasseter has stepped down amidst sexual misconduct allegations? What about Justice League losing a ton of money? No? We’ve got you covered. Welcome to The CineFiles! A weekly show where we zoom in on the most buzz-worthy news Hollywood and the indie scene has to offer.

Before we begin, we publish new videos every day. So be sure to subscribe for more great content.


#3: James Cameron to Shoot Underwater Motion Capture for “Avatar” Sequels


James Cameron is no stranger to pushing the technological boundaries of filmmaking, which is why it’s no surprise to find out he’s doing something that has never been done in cinema… Again! According to a report from Collider, Cameron and his team will be using motion capture technology underwater, which is not only something completely unheard of in movie making but extremely difficult. “The problem with water is not the underwater part, but the interface between the air and the water,” Cameron said. “It forms a moving mirror. That mirror reflects all the dots and markers and it creates a bunch of false markers.” Sounds complicated. While the task will prove difficult, it’s almost necessary, as a number of the sequels will almost completely take place underwater. The four sequels will be released on December 18, 2020, December 17, 2021, December 20, 2024, and December 19, 2025.


#2: Disney/Pixar’s John Lasseter to Take Leave of Absence


With Pixar’s Coco hitting theatres this week, the sexual misconduct allegations against their Chief Creative Officer John Lasseter is a heavy blow to the company. Earlier this week, Lasseter sent out a company wide memo obtained by The Hollywood Reporter, where Lasseter announced his leave of absence for six months, and apologized to his staff for “missteps” in behavior. Lasseter’s statement was made public just before a number of publications released articles detailing his alleged unwanted sexual advances towards female staff. The Hollywood Reporter spoke to numerous sources within Pixar who were aware of Lasseter’s misconduct, but did not wish to divulge their identities for fear of damaging their careers. According to industry analysts and experts in animation, Disney/Pixar could be in for bumpy ride if Lasseter’s absence becomes permanent, since he’s been a huge part of their success. According to ComScore, he’s earned Pixar almost $8 billion at the box office worldwide.

Before we get to our final entry, here are a couple new releases:

“Darkest Hour” (2017)
“Call Me by Your Name” (2017)


#1: “Justice League” to Lose Warner Bros. $100 Million


And DC thought the critical drubbing was bad. After a rough opening weekend that saw Justice League make only $94 million domestically, it looks like the movie and its giant marketing campaign are going to cost the studio quite a bit of cash; around $100 million to be exact. Forbes did a lot of number crunching, and when taking into consideration the film’s production cost of $300 million, marketing of $150 million and lower-then-projected box office numbers – both domestically and internationally – the film will not only cost the studio money, but is expected to be the lowest grossing film of any of the DCEU entries. Deadline also estimated that Justice League has to make anywhere between $700 to $750 million to make a profit, but final projections have the movie earning only $650 million. In comparison, Marvel’s superhero team-up, The Avengers made over $207 million domestically its opening weekend. This could mean a bleak future for the DCEU.
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