The underwhelming box-office performance of “Terminator: Genisys,” which starred star Emilia Clarke, has taught major studios and their private financiers a major lesson, especially when planning a sequel.
And that lesson is: paying for movies is totally different from creatively producing one, according to the Hollywood Reporter .
This was a hard realization made by Paramount Pictures, who partnered with David Ellison’s Skydance Productions to produce the “Terminator” re-boot.
The young billionaire-producer, who is the son of Oracle’s Larry Ellison, had so much belief in the project that he even went on a media blitz to personally promote the film.
During his press interviews, Ellison said that he envisioned his company “to be another Marvel,” and was in fact planning to do two more “Terminator” sequels plus another TV show on the highly popular sci-fi franchise.
However, “Terminator: Genisys” turned out to be a dud at the US box-office despite the presence of popular “Game of Thrones” actress Emilia Clarke.
“I think [Ellison] learned a real lesson,” says an insider who was familiar with the movie’s production. “I don’t think he was listening to anybody.”
Veteran producer Joe Roth said that the main problem lies in the fact that many outside financiers like David Ellison have no experience working as studio executives.
“What happens is they all think movies grow on trees and they can plant the same trees that the studios do,” Roth said.
“What they don’t understand is how much the studios write off to get one project,” he added.
Meanwhile, Paramount Pictures will be taking a huge gamble if it decides to proceed with the production of the “Terminator: Genisys,” sequel in which one of its lead stars, Emilia Clarke, was blamed for the film’s poor performance, according to Forbes .
Despite the movie’s successful run in China, which hauled in around $120 million, bankrolling another “Terminator” film is an uncertain proposition as it will have to “artistically justify itself.”
“The film hasn’t primed audiences for what comes next, nor did it leave them jazzed about a whole new slate of Terminator films,” the Forbes article said.
A possible follow-up to “Terminator: Genisys” might therefore fall into the “Tomb Raider” trap wherein a successful firs installment might not justify a sequel, and lead producers to blame its stars like Emilia Clarke for their eventual failure.