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Wednesday, May 09, 2007

Budget For T3

I don't remember who sent me this, but here's some pretty interesting informatin regarding Terminator 3.

The movie's final production budget was $187.3 million, making it the most expensive independently-produced movie in history. Schwarzenegger had to dip into his own pocket ($6 million) to help fund the production of the movie — in particular the car-chase scene that included a crane crashing through an entire building. It was a scene that he himself wanted to put in the movie (as he explains in the audio commentary, and on The Tonight Show). Schwarzenegger agreed to defer part of his salary in order to prevent the relocation of the set to Vancouver, British Columbia from Los Angeles. Many pundits saw this as preparation to his campaign for California governor, in which he emphasized giving incentives to have movie productions stay in California , rather than film in less-expensive places elsewhere. In that vein, the film was markedly "cleaner" than previous Terminator films, featuring significantly less violence and swearing.

Story rights (Carolco and Gale Anne Hurd): $14.5 million
Screenplay: $5.2 million
Director (Jonathan Mostow): $5 million
Producers: $10 million
Cast: $35 million
Arnold Schwarzenegger: $29.25 million + 20% gross profits
Arnold's perks: $1.5 million
Rest of principal cast: $3.85 million
Extras: $400,000
Production costs: $58 million
Post-production costs: $4 million
Visual effects: $20 million
Music: $2 million
Other costs: $33.6 million
Total: $187.3 million [1]

Financing

Warner Bros.: $51.6 million for North American rights.
Toho-Towa: $20 million for Japanese rights.
Sony Pictures Entertainment: $77.4 million for the rights to the rest of the world.

Internationale Medien und Film: IMF is a German tax shelter. The tax laws of Germany allows investors to take an instant tax deduction even on non-German productions, and even if the film has not gone into production. By selling the copyright for $160 million and then buying it back for $149 million, producers Intermedia effectively made $11 million in profit.
Total: $160 million

posted by The Mayor at 5:52 PM

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