Tom Cruise's 'Mission Impossible 7' To Be One Of The Costliest Films Ever
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Mumbai, February 12 - The covid-19 pandemic is taking a huge toll on Tom Cruise's long-awaited "Mission Impossible 7" movie. The pandemic has not only forced the makers to push the release multiple times but has also pushed the production budget of this high octane actioner to a whole new level.
Tom Cruise has performed some of the death-defying stunts in "Mission: Impossible 7", and one of such stunts is, actor driving his motorcycle off a cliff in Norway. Director Christopher McQuarrie said during CinemaCon last year that it was the most dangerous thing he has attempted and Cruise admitted saying that he wanted to do such things since his childhood.
However, to film those stunts have proved costly for Paramount Pictures and Skydance Media, as the budget of the film has skyrocketed to $290 million (according to Variety), which is way more than what the studios had actually planned. The cost includes the substantial tax incentives that the global production was able to leverage to rein in costs.
The eye-popping budget of the "MI7" has made it one of the costliest films ever. According to Culture Crave, the action spy film is currently the 6th most expensive movie of all time. "Pirates of the Caribbean: On Stranger Tides" is the costliest film ever with a budget of $379 million.
Avengers "Age of Ultron", "Endgame", and "Infinity War" are the 2nd, 3rd, and 4th most expensive movies with $365 million, $356 million, and $325 million, respectively. "Pirates of the Caribbean: The World's End", and "Justice League" are the 5th most expensive titles with a cost of $300 million each.
According to Variety sources, a significant factor in this budget escalation is that "Mission: Impossible 7" was initially scheduled to begin shooting in Venice in February 2020, but it had to stop and start production seven different times.
"Mission: Impossible 7" was supposed to hit screens in September this year, but in January, Paramount announced that it was delaying the release of "Mission: Impossible 7" to July 14, 2023, citing "delays due to the ongoing pandemic". The postponement will also add interest costs to the film's overall budget. Paramount and Skydance also announced that "Mission: Impossible 8" will open on June 28, 2024, instead of its previously announced debut of July 7, 2023.
Stay tuned...
Mumbai, February 12 - The covid-19 pandemic is taking a huge toll on Tom Cruise's long-awaited "Mission Impossible 7" movie. The pandemic has not only forced the makers to push the release multiple times but has also pushed the production budget of this high octane actioner to a whole new level.
Tom Cruise has performed some of the death-defying stunts in "Mission: Impossible 7", and one of such stunts is, actor driving his motorcycle off a cliff in Norway. Director Christopher McQuarrie said during CinemaCon last year that it was the most dangerous thing he has attempted and Cruise admitted saying that he wanted to do such things since his childhood.
However, to film those stunts have proved costly for Paramount Pictures and Skydance Media, as the budget of the film has skyrocketed to $290 million (according to Variety), which is way more than what the studios had actually planned. The cost includes the substantial tax incentives that the global production was able to leverage to rein in costs.
The eye-popping budget of the "MI7" has made it one of the costliest films ever. According to Culture Crave, the action spy film is currently the 6th most expensive movie of all time. "Pirates of the Caribbean: On Stranger Tides" is the costliest film ever with a budget of $379 million.
Avengers "Age of Ultron", "Endgame", and "Infinity War" are the 2nd, 3rd, and 4th most expensive movies with $365 million, $356 million, and $325 million, respectively. "Pirates of the Caribbean: The World's End", and "Justice League" are the 5th most expensive titles with a cost of $300 million each.
According to Variety sources, a significant factor in this budget escalation is that "Mission: Impossible 7" was initially scheduled to begin shooting in Venice in February 2020, but it had to stop and start production seven different times.
"Mission: Impossible 7" was supposed to hit screens in September this year, but in January, Paramount announced that it was delaying the release of "Mission: Impossible 7" to July 14, 2023, citing "delays due to the ongoing pandemic". The postponement will also add interest costs to the film's overall budget. Paramount and Skydance also announced that "Mission: Impossible 8" will open on June 28, 2024, instead of its previously announced debut of July 7, 2023.
Stay tuned...
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