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Fox potentially writing off $60 million for Fantastic Four

Screen Shot 2015-08-11 at 12.11.11

I felt really bad giving Fantastic Four the review that I posted last week, but it really wasn’t that great was it? It’s surprising that Fox are still pushing ahead with a Fantastic Four 2 despite the fact that it looks like it will be writing off around $60 million for the first movie.

The Hollywood Reporter are reporting that the loss is a given as the film made $26 million domestically its opening weekend, and cost around $120 million to produce. It made around $59 million worldwide over the same time frame. The 2005 version of the Fantastic Four made over double that in its opening weekend.

Insiders are reporting that despite the huge loss, which isn’t a patch on Disney’s 2012 disaster John Carter Of Mars, which lost around $200 million, Fox is determined to make a go of the franchise.

“Everything I’ve heard would indicate that the studio will move forward with a Fantastic Four sequel,” Drew McWeeny of HitFix reports. “It may not make that original 2017 date, but they’re definitely planning to make it.”

We’ll bring you more on this as we get it.

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