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Tax Documents Revealed 'Rise of Skywalker' Cost How Much?!

When it comes to budgeting a blockbuster movie, things can get out of hand pretty quickly, especially if there are hiccups or any kind of unrest on set.That's why it was so interesting to check out some leaked tax documents that show that the total cost of 2019’s Star Wars: The Rise of Skywalker came to $593.7 million.Those numbers make it the third most expensive movie in history.Forbes recently published the documents that came up in a court case.Now, thanks to the magic of filming in the U.K. and their incentives, Disney receives a hefty tax reimbursement of $103.8 million, which brings the net cost down to a slightly less staggering $489.9 million.I wish the USA had tax breaks like these for movies! Still, that is a massive budget, but it highlights the importance of production incentives and shows why people are filming outside of the US.Let's dive in. - YouTubewww.youtube.comThe Box Office BattleThe Rise of Skywalker grossed over $1.077 billion worldwide, which, on the surface, looks like a huge success. However, remember that theaters typically take a 50% cut. That leaves Disney with roughly $538.5 million from the theatrical run.So, after all that, the film's theatrical profit was a relatively slim $48.6 million.These are all estimates, and it doesn't count the money they could make on:Home Entertainment: Blu-ray, DVD, and VOD sales are a significant revenue stream.Merchandising: This is Star Wars, after all. Toys, apparel, and other merchandise are a goldmine.Streaming: The film's eventual home on Disney+ adds long-term...

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Published By: NoFilmSchool - Yesterday

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