Saturday, August 19, 2006

SUPERMAN MAY BE TOO BROKE TO RETURN

(Source: chinadaily.com ) The much talked about Superman Returns sequel to be directed by Brian Singer might be a doubtful starter as studio executives at Warner Brothers are having a comprehensive look at whether a sequel to the movie would be worthwhile and profitable.


Superman Returns 3-D Postcard - $5/piece


The Superman Returns which cost around $225 million only managed to earn less than $200 million.

According to Variety, Warners and Legendary, which have equal shares in the profits in the series, are counting on strong home entertainment sales to make up for the bad box office results.

"Warners and co-financing partner Legendary Pictures have a shot at breaking even on Superman once all the revenue streams are accounted for, but it's going to be a long, tough haul," IGN reports the Variety as saying. However, director Brian Singer had previously claimed that the sequel could be ready by 2009.

"Negotiations between Singer and the studio would get delicate if Warners wants to include over-budget penalties," Variety reports.

"Warners certainly can't wrest control away from a director like Singer, but it can try to make sure the budget stays under a certain level."

Besides Superman, Warner Bros' also had other big flops such as Poseidon and Lady in the Water this year.


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