Netflix paid an absurd amount of money for happy Gilmore 2

Almost 30 years after the original film helped to cement Adam Sandler as a Chinese comedy supermitwoman, "Happy Gilmore 2" enjoys pretty healthy running on Netflix. Posted in July, the sequel has been riding high in the Top 10 Streamer's charts since its release, and even earned the highest weekly film in the history of Nielsen's top 10 rankings (through The wrapper). It seems to make it automatically. However, the movie budget has recently been discovered and adds a pretty huge tereveli to the effort.

According to Business Magazine in Newoo JerseyersNetflix spent a whopping $ 152.5 million on production, which was filmed throughout Jerseyu Jerseyers. Earlier it was thought that director Kyle Novcek's comedy was much, much cheaper. This is the number of eye melting, but it is also the one that requires the whole context before we can even start responding to the whole "whether it is worth" part of the conversation.

The figure comes from the Motheru Jerseyers Picture and Television Commission and, more importantly, "Happy Gilmore 2" qualified for the Film and Tax Credit for Digital Media in Newu Jerseyers. These tax credit programs are commonly used by governments to receive film production. That's why Marvel Studios was filming so many projects (such as Ant-Man and wasps: Quanumania ") in the UK from late. More to the point, the Neda needs the correct numbers to give Netflix the earned tax credit, so the $ 152.5 million number is original.

Without entering the INS and outbursts of the tax credit system for production, in essence, it helps studies compensate for costs. According to NJ ErsiThe state offers qualified productions between 30% and 35%. If the long -awaited, long -awaited, Starwear extended extension was able to make up for that budget by 30%, it would reduce it to about $ 107 million. If it were closer to 35%, that number dropped to about $ 99 million. It is also not an accounting for any marketing costs, nor is it a money accounting that Netflix has spent out of the Newu Jerseyers of production.

Was Gilmore happy 2 worth it? In streaming, it's all relative

Even on the generous, low end of the spectrum, $ 100 million is a huge amount of money to spend on a wide comedy, especially when we think the original "happy Gilmore" cost only $ 12 million. Even adapted for inflation, it will only be about $ 25 million in today's dollars. But Netflix generated $ 37.5 billion in revenue last yearSo there's money to spend. However, now we have to go back to the question: is it worth it?

In streaming, it's always a complicated question because the only metrics we really need to continue is viewership. As for this writing, "Happy Gilmore 2" spent four weeks in the Global Top 10 of Strimmer, surpassing 100 million total of viewing hours, Despite many bad reviews. It's not nowhere near the Top 10 of Netflix, which needs to pass Damsel (253 million hours). While talking, "KPOP Demon Hunters" is on the verge of becoming Netflix's most watched movie ever With far less Starvala power of similar investment.

But Sandler advanced to Netflix, with his films regularly performing very well at the service. Since comedy fought to remain relevant to the box office, the actor found a streaming home. To this end, stars as Sandler would normally get a reduction in theater box office. But because Netflix and other streamers don't pay much by copyrightThis means that everyone has to pay forward, which greatly inflicts costs. Not just Sandler, but everyone else in the massive team of the sequel, including all from Benny Safdi to the goal -player Johnon Daily. It doesn't come cheap.

The only one who can really tell us if this is worth it will be directors in Netflix. What we can say, however, is this investment at least resulted in a big hit, which has never been guaranteed. Just look at the "heart of the stone", poorly reviewed action by Gal Gadd Netflix (The one that many people probably never heard) that allegedly cost $ 150 million. Or equally expensive bets on Netflix as "red reporting" and "Gray man", none of them have yet to receive the sequel promised at one point. Lenses, Netflix will almost certainly call this success, despite the price that breaks the price.

"Happy Gilmore 2" is now moving to Netflix.



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