Ghostsbusters Bomb Was Tougher on Sony Than Previously Thought

Ghostsbusters Bomb Was Tougher on Sony Than Previously Thought

Ghostbusters cover photo

We’ve all had a lot of fun laughing about how badly the Ghostbusters remake bombed. It’s been reported that Sony lost at least $70 million on the project. It looks like those reports were somewhat generous, however. According to a piece recently published by The Hollywood Reporter, the total amount of money this bomb of a movie cost Sony might actually be much, much higher.

From THR

Sony Pictures Entertainment remained mum on losses from this summer’s Ghostbusters in its earnings call on Tuesday, but sources tell The Hollywood Reporter the considerable financial pain inflicted on the studio by the July reboot was magnified by the fact that key financing partner LSC Film Corp. pulled its backing about a month before the film went into production.

LSC has invested in Sony movies since striking a deal with the studio in 2014, and has lost money on many, including The Brothers Grimsby, Money Monster and Aloha. The co-financier initially agreed to put up 25 percent of a Ghostbusters budget that SPE says was $144 million, including rebates, but other sources put closer to $160 million, not counting a considerable marketing spend. LSC ultimately had doubts about the film’s prospects, which proved justified as Ghostbusters grossed just $229 million worldwide.

I’ve never heard of LSC Film Corp., but it looks like whoever runs the show there knew that this was a disaster waiting to happen. Of course, you didn’t have to be a rocket scientist to realize that, but still. Kudos to them, and lol at Sony for being dumb enough to persist with this farce of a film.

Ethan Ralph

Founder, Owner, & Editor-in-Chief of TheRalphRetort.com. Political fiend, gamer, & anti-bullshit.

  • DisneyVillain

    This sums it up perfectly.

  • They should not have pissed on men/nerd culture.

    They can take their ‘GIRL POWER’ and stick it.

    https://uploads.disquscdn.com/images/971d97be6120fa5a9b19d567dc5125a65ce08f6e0c53339a284c781db2ac1970.jpg

  • Maintenance Renegade

    Take note Hollywoo, I know being such giant progtards you have your heads in the sand but you can’t ignore any longer that this is what happens when you allow SJWs like Amy Pascal to occupy executive positions at studios.

  • DirkBelig

    >”I’ve never heard of LSC Film Corp”

    If only there was some sort of site where you could search for things. O_o

    They’re a production company – http://www.imdb.com/company/co0479739/ – meaning they put up money from rich people looking to play in the Hollywood casino and pretend they’re in the movie business while having no actual creative control; they’re just a piggy bank. Uwe Boll’s career was basically funded by German tax shelter outfits like this.

    Scanning their credits, I don’t see many objectively good or successful movies. Lots of critical and commercial disappointments and outright bombs.

  • Mr0303

    The ultimate killer of feminist propaganda – capitalism and the free market.

  • d0x360

    Because I’m not a total dick I bought this movie off Xbox live…I gave it a honest chance and so did my wife.

    She fell asleep at 815pm on a Saturday which was about 25 min into the movie lol.

    I made it to the hour mark before I switched to YouTube.

    I knew I was going to be unfunny but I wasn’t expecting it to be as bad as it actually was. Bad reviews don’t do it justice…if you can see it free do so and see how long you can watch before you give up

  • fnd

    They missed the memo that you can make best selling feminist movies as long as the actresses are hot.