Marvel's Quantum Leap: Most Expensive Film Yet Faces Hurdles
11:57 AM EDT, April 24, 2024
Although Marvel movies sometimes face setbacks, their substantial budgets often lead to significant profits. One of the latest Marvel Cinematic Universe (MCU) projects is nearly the most expensive undertaking in the studio's history, surpassing the costs of both "Avengers" movies and James Cameron's "Avatar: The Way of Water."
The Marvel universe's development, categorized into phases, saw Phase V commence with "Ant-Man and the Wasp: Quantumania," released in February 2023. Intended as a fresh chapter for the studio and the introduction of a new villain, Kang, the movie faced challenges. Complications arose when Jonathan Majors, the Kang actor, encountered legal issues. Though not convicted, he was found guilty of assaulting his ex-girlfriend, casting a shadow over his once-promising Hollywood career.
This production, featuring Ant-Man and the Wasp's adventures in the Quantum Realm with Hank Pym, Janet Van Dyne, and Cassie Lang, did not fare well with critics. Only 46 percent of more than 400 reviews on Rotten Tomatoes were positive, although 82 percent of the audience appreciated the film. Despite this, a gross of over $476 million was underwhelming, given the movie's production costs.
One of Marvel's most lavish films. Its cost was astronomical
Details about the exact budget have only recently become known. Filmed in the UK, where there's no requirement to disclose film budgets publicly, Forbes uncovered budget details through the Audio-Visual Expenditure Credit. The findings reveal that the "Ant-Man and the Wasp: Quantumania" budget overran by $131.9 million for post-production alone. This puts the total cost at $326.6 million, slightly more than "Avengers: Infinity War" and close to the budgets of "Avengers: Endgame" and "Avatar: The Way of Water." If the projected budget was around $476 million, Marvel might have incurred a loss of about $38 million on this project.
Another Marvel venture, "Madame Web," directed by C.J. Clarkson, also fell short of expectations. The film, despite starring Dakota Johnson and Sydney Sweeney, received a lukewarm reception from the public (57 percent on Rotten Tomatoes) and was panned by critics (12 percent). Made with a budget of $80 million, it barely made a profit of $100 million. However, there's hope for recovery with the anticipated release of "Deadpool & Wolverine" by Shawn Levy, with trailers already creating a buzz online.