In Order To Be Successful, Star Wars Needs To Make A TON Of Money

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The hype machine surrounding Star Wars: The Force Awakens has been huge. The first movie throughout the Star Wars assortment directed by J.J. Abrams and distributed by Walt Disney Studios has a whole lot to reside as a lot as, and some insiders are pretty nervous about that.

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In reality, consistent with his pal and famed producer,Β Steven Spielberg, J.J. Abrams is shaking in his boots. Spielberg instructed 60 Minutes:

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"Oh J.J. is terrified. There's a great deal of stress on J.J. to start paying Disney once more for, you understand, the franchise they bought from George Lucas."

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So how rather a lot does The Force Awakens should make on the sphere office for everyone at Disney and J.J. Abrams to be glad? That amount has been estimated to beΒ $1.5 billion! That's correct, to make sure that the model new Star Wars movie to be thought of a hit on Wall Street,Β it must gross a minimum of $1.5 billion worldwide. Star Wars: The Force Awakens has a price vary of $200 million and that does not embraceΒ the movie's huge promoting and advertising costs. Disney paid $4 billion to buy the Star Wars franchise and Lucasfilm from George Lucas, once more in 2012.

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Jesse Grant/Getty Images

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Director J.J. Abrams moreover appeared on 60 Minutes, commenting that:

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You merely know that there may be people, it would not matter what you do, that may have factors with some aspect. You merely know there could also be some amount that being thrown in the marketplace that will not be hit. You merely know.

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Christopher Jue/Getty Images

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The good news is that consistent with analysts, Abrams can relax and enjoy himself. Early predictions have The Force Awakens bringing in about $2.5 billion worldwide on the sphere office. Even with these projections, the perfect worldwide subject office complete for a Star Wars film has been merely over $1 billion for Episode I: The Phantom Menace in 1999 (that movie had a value vary of $115 million). The latest film throughout the assortment, Episode III: Revenge of the Sith launched in $845 million on a $115 million value vary.

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If it have been to gross $1.5 billion worldwide, Star Wars: The Force Awakens would break the highest 5 highest grossing films of all events changing into a member of Avatar, Titanic, Jurassic World, and The Avengers. If it have been to make $2.5 billion it'd develop into the second highest grossing film of all time, second solely to Avatar at $2.79 billion.

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