“Babylon” opens with less than 2% of the money it takes to break even

Just when you thought the contestants vying for the unwanted title of Biggest Bombshell of 2022 had laid out their respective cases, comes Damien Chazelle’s self-indulgence Babylon a late game to make the crown that no one wants to turn upside down.

As the filmmaker’s first feature film since the critical, commercial and creative juggernaut la la country, the ode to the excesses of the 1920s, came with a heavy price tag and even greater expectations. In addition to the $80 million production budget Babylon was helped by a significant marketing and awards season boost that will end in fiscal disaster.

Tobey Maguire in Babylon
Screen grab via Paramount Pictures

After raking in an embarrassing $3.6 million in its first three days in cinemas and $5.4 million for the four-day frame, the Friday-Sunday box office total was just 1.44 percent of the estimated $250 million -Dollars needed for the project even considering breaking even let alone turning a profit.

We’re no naysayers, but the odds of such a poor debut being followed by the most unexpected surge in box office pursuit history seem incredibly unlikely, and that’s generous. It seems like, Babylon may not only be the biggest flop of the year, it also has a chance to go down in history as one of the biggest loss-making companies of all time.

This isn’t a great return for an overhauled and overly lengthy mess that wasn’t celebrated nearly as anyone expected, and it could be back to the drawing board for Chazelle – who certainly won’t be given as much free rein for a while.

https://wegotthiscovered.com/movies/one-of-the-years-biggest-flops-opens-to-less-than-2-of-the-250-million-it-needs-just-to-break-even/ “Babylon” opens with less than 2% of the money it takes to break even

Lindsay Lowe

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