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Everyone knows it is much harder for Hollywood to hide things and indulge in Hollywood accounting when they shoot movies overseas. Those pesky foreign revenue offices need filings to unlock the those juicy subsidies. UK tax filings are often a source of both revelation and mirth to watchers of Hollywood. The latest “WTF” moment is the reveal from a filing of just how much Deadpool & Wolverine cost.
Are you sitting down? You are? Good. Deadpool & Wolverine cost $533.7 million.
Yes. You read that right. There is no typo replacing a 2 with a 5. There is no decimal point in the wrong place. Disney/Marvel spent half a billion dollars on the sequel. According to a report in Forbes, the film exceeded the production budget.
This makes it one of the most expensive films of all time. Before we point and laugh too much at Disney, remember that Deadpool & Wolverine was heavily impacted by the various strikes, and was made with a lot of post-COVID restrictions still in place.
This effectively split the production in two, and had the same effect that the later Mission: Impossible movies suffered from, budget-wise.
They recieved $104.7 million in tax credits and reimbursement, which helped a little bit.
Deadpool & Wolverine made $1.34 billion at the box office, but by the time distribution fees and everything else are taken into account, the studio would not have made much in the way of profit from the theatrical release. Everything downstream, though, is profits.
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