New tax filings in the UK have revealed that Disney and Marvel Studios spent more than half a billion dollars last year’s “Deadpool & Wolverine” film.
Forbes reports that the film’s “final costs exceeded the production budget” with financial statements through October 31st 2024 – three months after the film debuted – revealing that Disney had spent a staggering $533.7 million on the movie.
That makes it one of the top ten most expensive films of all time. Part of the reason for the expense was that the film was heavily disrupted by the actors’ and writers’ strikes in 2023.
The studio reportedly banked a total of $104.7 million in tax credits and reimbursement, which brought its net spending on the movie down to $429 million.
The movie made $1.34 billion at the box office, with the studio’s share expected to be somewhere around $670 million. That’s a box-office profit of $241 million, but that doesn’t take into account the massive marketing spend for the film, which is estimated to be $100 million at a minimum. It’s likely closer to double that, as it was such an aggressive worldwide campaign.
Thus, the film was barely profitable at the box office despite its huge gross. Everything earned on home video platforms has been pure profit.
