I was reading today’s Wall Street Journal, that The Hunger Games has added more than one billion dollars to the valuation of Lions Gate, the studio behind the film.
It’s kind of hard to imagine a single movie could lead to so much value, but this is going to be a big film and a big series. The paper says that if the movie does $300 million in revenue, then Lions Gate would probably make about $100 million. Add home video, TV and the other channels and you could get that up by another $200 million. That would yield $300 million. If they turn the books into 4 movies that do about that amount of business and you’re looking at $1.2 billion in in profits.
That’s a pretty big number for The Hunger Games to do, but with the spin off potential, I think that might just be reasonable. Lions Gate dropped 5.4% today, so who knows what the street will do when the movie is finally released.
Just one more exciting thing to watch for this simple book. If you haven’t heard the story, I suggest you get the Hunger Games audiobook and enjoy the story first hand.
As we described in our earlier post, the reviews for The Hunger Games keep coming on strong. It’s really exciting to me to see how positive the critics are to the movie, particularly after the horrible reviews of the last Twilight movie(which it deserved IMO).
For an overview the reviews we took a look at Rotten Tomatoes which shows the most complete view of the reviews so far. The positive reviews are 53 in number and the not so positive are only 4 in number. That’s pretty incredible when so many reviews are positive like that. Not only that, but 98% of the audience wants to see the movie.
“The Hunger Games is an effective entertainment, and Jennifer Lawrence is strong and convincing in the central role.” says Roger Ebert of the Chicago Sun-Times.
“Fans will be delighted. Non-fans should give this movie a chance.” raves James Berardinelli of Reelviews.
“Overall, a solid and sometimes spectacular effort that promises even better things to come.” says Leigh Paatsch from Australia.
This is great news for us fans. I just can’t wait to be one of the first to be able to see the movie. And I bet Lionsgate can’t wait for the huge dollars to roll in. This movie is going to be a huge, huge megabucks film if this early news holds.