Monday, April 23, 2007

Radar Online: Spidey 3 costing Half-a-Billion?

From The Magazine : Radar Online: "On the surface, Spider-Man 3 has all the ingredients of a box-office slam dunk—spectacular special effects, an obsessive fan base, and a roster of bankable stars. Moreover, its two previous installments have grossed $1.6 billion for the studio.

Even before filming began in January 2006, Sam Raimi promised to pull out all the stops for his third Spidey film (likely the last he'll direct in the series). He wasn't kidding. As production dragged on into late summer—it had been scheduled to conclude in June—stories about the project's ballooning budget started popping up all over town. But in the end, even the most hyperbolic of observers may have underestimated the final tab. Industry insiders claim that Sony spent $350 million or more on production alone. With marketing and promotion factored in, the total price tag will approach half a billion dollars—positioning Spider-Man 3 as the most expensive movie of all time."


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