Gemini Man Estimated to Lose $75 Million or More

Ang Lee’s Gemini Man isn’t faring too well at the box office. In fact, the latest industry reports suggest the movie will likely end up losing at least $75 million, if not much, more. Through Sunday night, Gemini Man has grossed just $118.7 million worldwide, still $121.3m or so away from the reported production budget (and advertising spend) of $240m. Fortunately enough for those involved, THR reports the loss will be spread out between four parties involved in the production of the film – producer David Ellison’s Skydance Media, Paramount Pictures, Fosun International, and Alibaba. Skydance and Paramount reportedly joined together to put up 70 percent of the film’s budget while fosun – the company responsible for distributing the movie in China – invested in a 25 percent stake. Alibaba was only responsible for the remaining 5 percent.

 

Gemini Man ended up panned by critics, resulting in a 25 percent Rotten rating on Rotten Tomatoes, the worse Lee’s received for any film in his career.

 

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