James Bond is back again, this time with the franchise’s 25th movie releasing in the cinema halls around the world. This movie will mark the final appearance of Daniel Craig in the titular role. Fans have been waiting on the franchise to churn out another action-packed glance in the world of spies. The movie had faced major delays in its release and it ended up being one of the major studio blockbusters that got delayed during the ongoing Covid-19 pandemic. No Time To Die is finally out with its premiere and it has received a fair amount of positive reviews. Here’s a look at the budget of No Time To Die and how it will make sure that it becomes a success in the box office.
James Bond has a history of getting a massive audience with the fans of the franchise having a longtime attachment to the stylish spy. The movies have evolved a lot with time and this has only helped the franchise as it has been able to find acceptance with the growing audience. This has helped the movies develop newer means to show their intense action and the thrill the spy once had. It has now taken a much serious tone as there is lesser dependence on the gadgets by the spy. Daniel Craig’s interpretations of the titular character were much of a reboot to the franchise with clear nods to how newer enemies actually exist in the world. At the same time, the movies have made an attempt at showing us what the character comes from and how that past has affected him and played an essential role in his portrayal of the spy.
No Time To Die is one of the most expensive movies in the franchise. The James Bond movies in general have had a name for being notoriously costly to make. This could also be one of the reasons why MGM moved the release date for the movie forward because it will only be adding to the expenses. Getting an audience during this period has been difficult because of the pandemic and it has only been a successful move for a few movies which mostly include superhero franchises. This movie will definitely require all the help it can get in order to recoup the costs of making it.
Budget of No Time To Die
According to reports, No Time To Die has a production budget of 250-$301 million range. This is close to another one of Daniel Craig James Bond films, Spectre which had a budget of $250 million. Skyfall and Quantum of Solace come next with a budget of $200 million for both of them. Meanwhile, Casino Royale which marked Daniel Craig’s debut in the role had a price tag of $150 million.
How Much It Needs To Make?
On the basis of the more traditional rules, a movie needs to make twice its production budget in order to make a mark on the box office. This metric asks for No Time To Die to make about $602 million just to earn on its budget. This is quite a high number and might cast a shadow on the bond feature considering the during the post-pandemic periods the attendance is still nowhere near the 2019 levels. The only movie to hit somewhere close to this value this year was F9 which managed to earn a whopping $716.5 million globally. This does give hope for the James Bond feature to be able to earn its target figure. Considering both the franchises are known for the action-packed sequences. But based on recent box office successes there is a lesser chance of this happening as superhero movies like Shang-Chi and the Legend of the Ten Rings and Free Guy were only able to make $300 million worldwide.
There is a chance that No Time To Die might have a lot going on in its favor. With a packed cast of characters, the movie also has elements that the audience yearn for every time they hear the chance of a new James Bond movie at work. There are already hints for the success of the movie as the ticket sales in the U.K. have already crossed the mark of Avengers: Endgame. This only hints at the massive success this movie might prove to be. No Time To Die will release on October 8 in the US.